Silver coins are a good investment in both good and bad times. When you buy silver coins, you can be sure of a long-term investment. High quality design and fine embossing, the coins are not only worth every penny, but also beautiful to look at. But not only the appearance plays an important role in silver coins. Many coins have a high value in the precious metals market. In the process, the monetary value of each coin increases continuously. This was not the case a few decades ago.
At that time, many countries could trade their silver stocks on the world market. However, those days are long gone. This is reflected in the growing interest in silver. Therefore, it is currently worth investing in coins made of silver. You don’t have to spend too much money on it. Even a few choice coins can be a solid investment.
Silver coins as a safe, stable investment – Is it worth buying silver?
If you are a private investor who has been toying with the idea of investing in coins for some time, you should not waste any time. Silver in particular is a good investment for various reasons. Hardly any other form of investment currently provides a better hedge. Many investors are very unsettled by the current low interest rates on the real estate market. While stocks fluctuate, securities lose value or currencies are subject to inflation, silver is considered a stable constant . Coins are therefore an excellent option for securing yourself financially in the best possible way . This is also shown by the silver prices of the past decades. There has been a significant increase in this area, which currently appears to be continuing unabated. Because: Silver is only available in limited quantities. Once it is mined, no more silver will follow.
Silver and gold developed about 80 million years ago. When our solar system was formed, gigantic neutron stars collided with each other. These neutron stars were nuclei of burned out suns. Scattered in all points of the compass on our planet, silver today exists in the form of grains or as branching braids. Silver is therefore finite and therefore valuable.
In what form is silver most lucrative?
If you want to hedge with silver, it is best to invest in coins. Silver shares or funds carry a rather high risk and are therefore more of a burden for many investors. Silver bullion also usually has no potential collector value. The situation is different with coins, however: Their handy, compact shape makes silver coins particularly easy to store. Featuring various embossments, the coins are also beautiful to look at. Each individual minting gives the coin that certain something that an ingot simply lacks.
Numerous coins also enjoy great enthusiasm among collectors. This is true for Russian silver coins as well as for the well-known Krugerrand silver coins from Africa. The historical coins, which captivate with a stunning appearance, of course, have their value. Here, an ingot truly cannot keep up. After all, held as a compact stone, the bar can neither be accommodated in a space-saving manner nor cleverly staged. Collector coins thus represent a lucrative investment. While some pieces are inexpensive, other models are worth tens of thousands of euros.
Tips for buying silver coins
If you already own coins, you probably know the value of your investment. However, there are many interested people who are still a bit unsure. We would like to encourage you in your decision-making process and provide you with valuable tips at this point:
- The price of silver coins, as with many other goods, is based on supply and demand. Currently, the demand for silver coins is very high, which is reflected in the price.
- Remember, the cheaper you buy physical silver, the higher the price may be in the future. However, more coins do not necessarily mean a better investment. Therefore, think carefully about how much you want to invest money in silver in the future.
- You can save money if you sell or buy silver coins with differential taxation. In Germany, a value-added tax of 19 percent is added to the purchase of silver coins. However, you can also bypass this rule. If you purchase coins from a non-EU country, only the import VAT of 7 percent So a differential taxation is possible. This allows the 19 percent to be charged only as the difference between the gross sales price and the purchase price. Accordingly, a reputable dealer offers his clientele silver coins at differential taxed prices, which is lower than the usual VAT rate.
- Silver coins also have a holding period of one year. If you keep your investment for more than twelve months, you do not have to pay withholding tax on the profits made in the meantime. This is definitely a profitable advantage over silver stocks, which are taxable.
- Silver and also gold belong to the unit “troy ounce”. One fine ounce (oz for short) is roughly equivalent to 31.2 g. Silver coins are therefore to be measured according to their pure silver weight. The usual sizes of silver coins are 1 oz, 2 oz, 5 oz, 10 oz and 1 kg. The higher the fineness of silver coins, the better they can be resold.
- Before you buy, think carefully about how much you want to invest and how much you estimate the investment. It is advisable to buy high-quality silver coins when the silver price is good. Additional purchases are always advisable and secure your future.
Types silver coins
New investors in particular are rightly asking themselves which silver coins they should invest in. We will be happy to advise you further on this. In general, you can distinguish between bullion coins and collector coins.
Bullion coins are available in large quantities. Due to their low-cost minting, they are available at good prices. Probably the best known bullion coins are currently the Maple Leaf, the Vienna Philharmonic and the American Eagle. However, you can also start with silver Israeli commemorative coins or the 2019 silver Lunar Pig. Equally interesting are Krugerrand silver coins from 2017, especially in the anniversary edition. So you can benefit from a wide selection of silver coins and familiarize yourself bit by bit with the world of coins.
The collector coins, on the other hand, are distinguished by their rarity. Rare coins captivate with a pure silver content and interesting motifs. The value of collector coins is graded differently. The rarer the mintage and the higher the silver content, the more expensive the coin. Thus, you can collect coins, but also invest specifically in rare pieces. If you intend to invest, we recommend you to choose from well-known and successful silver coins. Also pay attention to the size. After all, it’s easier to sell an ounce (1 oz) of silver than a whole kilogram of silver.
Well-known silver coins: Big Five, Maple Leaf and Krugerrand
Experienced coin collectors often decide according to specific purchase criteria. Beginners , on the other hand, should better concentrate on popular offers and thus gradually gain experience. In this area, it is important to make a selection that is accompanied by an increase in value. Start as a new investor , for example, with a Maple Leaf silver coin with a fineness of 2 Oz. These coins come from Canada and are available in one ounce denomination. You can also invest in valuable silver coins like the Krugerrand (2019 or 2021) or the Big Five silver coin from South Africa (2022). Provided you resell the Krugerrand coins later. you will find numerous buyers.
Equally interesting is the kangaroo coin. Like the Big Five silver coin, these coins are available in one ounce denominations and are very popular. However, if you are interested in a larger investment, get in with larger silver coins. However, we recommend seeking expert advice for this purpose. Determining the value of silver coins is exceedingly complex. Beginners are therefore well advised to seek extensive advice before making a purchase.
Tip: If you are looking for a special gift, a coin is always a good choice. Meanwhile, you can even mint your own coins. This is how individual gifts are created that definitely make an impression.
Silver coins: how to determine their value
The price of silver coins depends not only on the collector’s value, but also on the current silver price. This market value ultimately forms the basis for determining the purchase and sales value. In addition, the weight of the coins is important. This is to be multiplied by the silver price (per ounce). After that, the price can be accurately determined. The valuation of collector coins, on the other hand, is much more extensive. Here, not only the weight, but also the age must be taken into account. To be able to name a price, an individual conversation with a coin expert is useful.
In addition to age, size and weight, the coin value is also determined by its rarity value . Investment coins are often produced in large numbers. Collector’s items, on the other hand, are considered rarities and gain more and more value over the years. The rarer a well-preserved coin is, the better lucrative prices can be achieved. Therefore, experienced investors ideally buy coins at low price values. A sale usually takes place when the price rises. This is the best way to make profits.
RareCoin: Your coin experts
Dealers for coins are now like “sand by the sea”. However, quality and stable value play a central role in silver coins. Whether you want to sell your coin collection or buy new silver coins: Trust only reliable and certified dealers. RareCoin is your first port of call when it comes to buying and selling (silver) coins.
Buy silver coins – exclusively at RareCoin
With us you get silver coins that meet even the highest standards. You can already find an exclusive selection in our store. However, we regularly expand our portfolio with pieces from established mints . Thus, a comprehensive selection of coins from various manufacturers awaits you to either start or expand your collection.
Of course, you can also buy coins in various financial institutions. However, banks often charge higher prices for the purchase of precious metals. At RareCoin you get different coins at the best prices. As a specialized coin seller, we offer you gold and silver coins in the shop at particularly lucrative conditions. That’s because we don’t have to pay maintenance costs . As an online store, we do not rent any retail space. Therefore, you can benefit from high-quality products at sensational prices. As a certified online store with over 30 years of experience, we stand for exquisite coins that secure your future.
Determine coin value: We value your silver coins
In our online store it is not only possible for you to buy valuable coins or collector coins. You can also conveniently sell your coins online . We will assist you in buying as well as selling and help you determine the coin value.
Since each collector coin is constantly increasing in value, you should not entrust the examination to amateurs. If you would like to have your individual coins or a complete coin collection valued, you have come to the right place. We will take each piece and let you know our assessment in a timely manner.
Benefit from our many years of expertise
As part of TriaPrima GmbH, we have the necessary know-how. We will give you full advice, inform you about the different types of coins and give you valuable tips. This way you can easily make a silver coin price comparison. Precious metals are our passion and we prove this to you directly at the first contact.
You can reach us not only by email. You are also welcome to contact us personally. We are available by phone and video call, so you have a direct contact for your questions and suggestions. Close customer contact is extremely important to us – only in this way can we provide you with the best possible advice and respond to your needs.
This is how you should store your silver coins
Have you purchased your first coins or added to your existing collection? Congratulations on this excellent choice. However, if you plan to resell individual silver coins , you should store them properly . Especially coins with special fineness are susceptible to damage.
Our tip: It is best to store your coins in their original packaging . In this way, the coin remains dust-free and is not exposed to any external influences. At the same time, you can present the coins in this form in showcases or stack them as you like. The coins usually reach you in a bag or a suitable casket.
If you currently store your coins without a protective case, we advise you to change this circumstance. Get good containers to protect the silver coins from external influences in the best possible way. Thus, the coins get a safe place and are well stored. The better they protect your valuable silver coins, the more money you will make when you sell them.