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Will uncirculated silver bullion be worth significantly more than circulated?

For example, will a 1 gram uncirculated bar of .999 silver be worth any more than the same bar circulated? The price of silver is going up but will the quality of the silver matter when the economy goes under?

4 Answers

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  • 8 years ago
    Favorite Answer

    Coins in top condition have collector premium. Bars and rounds, if they have artistic designs and are part of collector sets, can have much extra value over bullion. For example, a bar or round that is part of a baseball themed set, with Babe Ruth on it, is ALWAYS going to bring a premium to the price of the metal. Same thing with Michael Jordan in basketball and Wayne Gretzky in hockey. These items do not circulate, but neither do bullion bars.

    Older bullion ingots, the big 50 and 100 ounce monsters, did get marked and scratched up, simply by all the years of being traded and moved around. That doesn't affect value. As long as they weigh and test, they're good.

    A 1 gram bar? It's a joke. A novelty item. It's not a silver investment. You're talking a little over one dollar in silver as of today.

    They are sold for big premiums to novices. Those who buy them as silver investments lose money. Those who buy them as collectibles might break even, but only if they are kept in top condition. Since many of these have some sort of design on them, they are more collectibles than anything else, so you would have a hard time finding a collector for a banged-up one. A silver buyer cares only about the silver.

  • Jerry
    Lv 7
    8 years ago

    bullion = hunk of metal. Condition of a bar is irrelevant. The brand name is more important.

    There are some folks who collect the US Mint bullion coins and care about condition. Since they are both modern and common, I do not think this is likely to be profitable.

  • gang
    Lv 4
    4 years ago

    £10,000 worth of silver will improve in fee. The FIAT currencies are going to be positioned to the sword. £10,000 of silver might desire to no longer improve your wealth in spite of the undeniable fact that it would desire to shelter your wealth. have not you heard of hyperinflation? WHAT DO you think of is going TO happen TO THE $six hundred TRILLION DERIVATIVES industry? WHAT DO you think of QUANTITATIVE EASING is going TO DO? ninety 9% of the silver JP Morgan says it owns does not exist. that's called FRAUD. The FRAUD economies will fall. cease getting your nickers in a twist approximately Muslims and initiate on account that your purely yet another pawn / sheep. every physique who buys actual silver would be hurting and exposing JP Morgan no depend how plenty you purchase. The inventory industry will at last comprehend that JP Morgan is a banking FRAUD and the inventory cost will decline for this reason. If I positioned up a link i gets pronounced for unsolicited mail. Google it.

  • 8 years ago

    Agree with Jerry - silver is silver. Condition means ZIP. Tho you might get some novice collectors to pay a little more.

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