Silver coin

Silver coin

Silver coins are possibly the oldest mass form of coinage. Silver has been used as a coinage metal since the times of the Greeks. Their silver drachmas were popular trade coins.

Many factors determine the value of a silver coin, such as its rarity, demand, condition and the number originally minted. Silver coins coveted by collectors include the Denarius and Miliarense.

Other than collector's silver coins, silver bullion coins are popular among people who desire a "hedge" against currency inflation or store of value. Silver has an international currency symbol of XAG under ISO 4217.

Before 1797, British pennies used to be made out of silver while the ancient Persians used silver coins between 612-330BC.

Most common silver bullion coins, preceded by minimum guaranteed purity, and the year of introduction:
*99.99% 1988 Canadian Silver Maple Leaf
*99.90% 1982 Mexican Silver Libertad
*99.90% 1983 Chinese Silver Panda
*99.90% 1986 American Silver Eagle
*99.90% 1990 Australian Silver Kookaburra (minted by the Perth Mint)
*99.90% 1993 Australian Silver Kangaroo (minted by the Royal Australian Mint)
*99.90% 2008 Austrian Silver Vienna Philharmonic
*95.80% 1997 British Silver Britannia (from 1997, proof version only. Public issue from 1998)

ilver rounds

Privately minted silver coins are known as silver "rounds" and silver "bars", which usually have a set weight of 1 troy ounce of silver (31.103 grams of 99.9% silver). These carry all sorts of designs, from assayer/mine backed bullion to engravable gifts, automobiles, firearms, armed forces commemorative, holidays, etc.

ee also

* Euro gold and silver commemorative coins
* Gold coin
* Millesimal fineness
* Silver as an investment
* Store of value
* Precious metal

External links

* [http://www.coinpage.com/silver-pictures.html Silver Coin Pictures]
* [http://www.silver-coins.org Counterfeit silver coins and how to detect them] .
* [http://www.coinnews.net/tools/automated-silver-coin-valuator/ Coin calculator finds silver value of circulating coin] .


Wikimedia Foundation. 2010.

Игры ⚽ Поможем написать реферат

Look at other dictionaries:

  • silver coin — Money coined in part at least from silver; specie. Belford v Woodward, 158 Ill 122, 41 NE 1097 …   Ballentine's law dictionary

  • Silver (disambiguation) — Silver is a chemical element.Silver may also refer to:* Silver (color), a metallic shade resembling gray In economics * Silver as an investment * Silver Certificate, a form of paper currency formerly used in the United States * Silver coin *… …   Wikipedia

  • Silver as an investment — Silver, like other precious metals, may be used as an investment. For more than four thousand years, silver has been regarded as a form of money and store of value. However, since the end of the silver standard, silver has lost its role as legal… …   Wikipedia

  • Silver Certificate — Silver Certificates were printed for a time in the United States as a form of paper currency. They were produced in response to silver agitation by citizens who were angered by the Fourth Coinage Act, which placed the United States on the gold… …   Wikipedia

  • silver — [sil′vər] n. [ME selver < OE seolfer, akin to Ger silber, Goth silubr, prob. a loanword < a non IE source] 1. a soft, white, metallic chemical element that is extremely ductile and malleable, an excellent reflector of light, and the best… …   English World dictionary

  • Silver certificate — Sil ver cer*tif i*cate A certificate issued by a government that there has been deposited with it silver to a specified amount, payable to the bearer on demand. In the United States and its possessions, it is issued against the deposit of silver… …   The Collaborative International Dictionary of English

  • silver —    Silver *coins are mentioned in many different contexts. It is not clear how much intrinsic power ascribed to the metal itself some, no doubt, since there is evidence that in Suffolk around 1850 people with fits would beg twelve small silver… …   A Dictionary of English folklore

  • silver dollar — noun count a silver coin used in the U.S. in the past that was worth one dollar . Today people collect these coins and they are very valuable …   Usage of the words and phrases in modern English

  • Silver standard — The silver standard is a monetary system in which the standard economic unit of account is a fixed weight of silver. The silver standard was widespread until the 19th century, when it was replaced in most countries by the gold standard.Ancient… …   Wikipedia

  • Silver — This article is about the chemical element. For the color, see Silver (color). For other uses, see Silver (disambiguation). palladium ← silver → cadmium …   Wikipedia

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”