Coins vs Silver Rounds: Intaglio Mint
Silver coins and silver rounds are probably something you've encountered while first beginning your stacking journey. Some people mistakenly believe that because of their striking similarity, they are the same item, but this couldn't be further from the truth!
There are significant distinctions between silver coins and silver rounds that affect the coin's value.
A private mint produces silver rounds, which are flat discs composed of silver. Consider them more like a silver bar; they are not actual currency. In contrast, government-minted silver coins are capable of serving as legal tender. Government backing for the purity of the silver on coins ensures that they always have a mint date and denomination.
Silver coins always have the denomination amount engraved on their face. They have the same worth as cash. The one factor determining the value of silver rounds is the current price of silver; they have no face value. Engraving a denomination on silver rounds is forbidden.
A government guarantees the quantity of pure silver in coins, so you can always be sure of the amount of silver in each one. A silver round's purity will rely on the private mint's track record and dependability.
Buying inexpensive silver can be accomplished by purchasing generic rounds if you enjoy collecting but are unwilling to pay the exorbitant premiums for bullion. If you enjoy design or the arts, these are also a great method to choose some stylish silver.
Intaglio Mint, Sunshine Mint, Silvertowne Mint, and Golden State Mint are a few of the well-known private mints in the US that manufacture generic rounds.
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.Moar beautiful silver! :) !BBH !DOOK !INDEED
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Wow such a lovely piece of silver.
Thanks, @revolverocelotyt !
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A fellow Intaglio Mint lover….😎
When it comes to Intaglio Mint, were two of a kind, @silverd510 !
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Thank you for presenting me another mint that i didnt know and make my wishlist bigger 😝😝😝😝
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You're welcome, @gwajnberg, my pleasure! That is what we all do at #silvergoldstackers. We learn and share together.
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I first got into silver by looking for the pretty rounds and bars and whatnot. I still enjoy looking for interesting pieces to add to the stack.
Very nice specimens you have there sis and a great definition for those who are not silver savvy with the difference from coins and rounds. Love ya much, sis!🤗💟🌻😘😍🍁 !LADY !LUV !PIMP
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One thing nice about Intaglio Mint is that all their rounds are nicely struck. And the quality of the work is superb!
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They look exceptional!🤗😘😍❤️🌻🍁 !LADY
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A good mixture of silver coins and rounds @silversaver888, is what I try to accomplish in our stack!😀
Low-cost silver rounds adds volume, then US silver eagles by our government..... and other governments, ads an element of protection as well!!😇👍😀
Same here, @silvertop ! I have more gold and silver coins than silver rounds.😀
Everything matters.
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Nice Silver Rounds, Every Ounce of Silver Counts!
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This is a pretty good article that my friend has displayed.
Like the rounds. So many unique designs you have!
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Very cool. Thanks for the great information! I had heard that part about coins actually having a monetary value on them, not some of the other stuff though.