If you are ready to take your hobby to the next level, then start investing in silver proof or silver uncirculated coins. They are never released for general circulation as they are frequently sold by weight. Most designs weigh either one ounce or five ounces.
So What Are Silver Proof or Silver Uncirculated Coins?
Silver proof or uncirculated coins contain 90 percent silver. And while standard coins are only struck once during manufacturing, silver coins receive two strikes. This results in features that are highly detailed. The coins are very shiny thanks to high percentage of silver.
Why You Should Seriously Consider Silver Proof Coins
Governments in financial difficulty have devalued their currencies throughout history. They used to issue new currencies and phase out the old ones but today they simply print more money. Paper money is entirely dependent on people's faith in its value.
Gold, silver and other precious metals have retained their value since ancient times. These metals are used daily in industry so they are always in demand. Since silver coins are literally 90 percent silver, they will always have resale value if you should decide to dispose of them.
The U.S. Mint commemorates different places or events every year. Here are a few of the current issues for 2015:
A 5-ounce uncirculated coin commemorating the Blue Ridge Parkway and produced by the Philadelphia mint
Uncirculated and proof silver dollars to honor the March of Dimes. One is produced in West Point and the other by the Philadelphia mint.
A silver proof set of different denominations with the mark of the San Francisco mint
A proof silver dollar commemorating the 225th anniversary of the U.S. Marshals Service
A 50th anniversary Kennedy half-dollar collection
There are several other issues for 2015 including the American Eagle series that has new offerings every year.
Previous Year Issues
Proof silver coins are a hot collectible. Once the U.S. Mint sells out of a series, they never restock it. Popular themed coins sell quickly. Fortunately, you will be able to locate most of the previous issues to build your collection.
Where to Buy Silver Proof/Silver Uncirculated Coins
The U.S. Mint produces silver coins specifically for collectors. While they have a limited supply of some current issues for sale on their website, all sold-out and previous year issues must be purchased from a dealer. Don't worry about running all over town to find a dealer that carries silver proof coins. You can buy everything you want from registered coin dealers online. Talk with someone from a business like Penny Pincher Coins & Jewelry to learn more about silver proof coins and enlarging your collection.Share
31 July 2015
A few days ago, my mother-in-law’s dad passed away. This sweet man lived a long, full life. He was ninety-one-years-old when he died. At his funeral, my mother-in-law told me she liked the ruby, cross pendant I was wearing. Because I wanted to cheer this sweet woman up, I immediately came up with a plan. I decided to buy her a pendant like mine. Because this pendant was also available in sapphire, I decided to purchase this stone for my mother-in-law. Sapphire is her birthstone. On this blog, I hope you will discover the best types of jewelry items to buy for a mother-in-law. Enjoy!