Five ounce silver rounds are a practical way for new bullion investors to add to their silver portfolio. These miscellaneous rounds are generally sourced from the secondary market, fully tested, and selected from current inventory. Generic five ounce silver rounds will ship in a variety of shapes and conditions from diverse mints including Silvertowne, Republic Metals, and Sunshine Mint, among others. Each round is tested to ensure that it contains 99.9%+ fine silver and measures a full five troy ounces.
Even established investors with large bullion collections purchase five ounce silver rounds because they are easier to liquidate than larger bullion bars. Unlike newly minted products, these five ounce silver rounds are a more cost-effective option to invest in silver, because they generally offer a much lower premium than new rounds, and coins. Silver is a precious metal that has been considered a valuable asset across the world for thousands of years. In 1859, silver was first discovered in the United States under the eastern slope of Mount Davidson, a mountain in the Virginia Range in Nevada. The large lode of silver was named the Comstock Lode and mined until the 1920s. Today, thousands of years after ancient cultures first discovered this precious metal, over 880 million troy ounces of silver are being mined per year. In good times and bad, silver has historically been a popular way to diversify financial holdings as a tangible asset. Especially during unpredictable economic environments, investors have turned to silver bullion rounds as a reliable source of wealth preservation. Silver is more affordable than gold, and it is much easier for investors to purchase in small amounts and accumulate over time.