Silver Rounds... question...

I've been recently looking at Silver Rounds. Are they worth anything more than their spot value? I'm talking about the ones I'm mentioning below. Do they have any value beyond the intrinsic value?

I ask because I've noticed alot of rounds that are "limited mintings", like the Elizabeth 5 Dollar 1 oz., the Australian Kookaburra, and the Mexico Silver Libertad. They sound gimicky but are 1 oz .999 and are some are really beautiful.

I guess I'm asking about Art Silver bars and rounds. Do any silver bars/rounds have value beyond spot value? Is there a collecting community of Bullion? If there is, are there any good books/guides?

Thanks in advance.

 

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Art bars and rounds typically have little value over spot. Proof bullion sometimes will have value over spot. They aren't coins like an ASE or the $5 Elizabeth which can be spent. I don't know of any collecting communities for bullion. They can be very beautiful though:smile

 

I have a bunch of nice ones from the casino's up in Deadwood, SD. But, when silver started nearing $8 an ounce they, the slot machines which used them started dissappearing. I'll reckon by now ($9.60 an ounce for silver) they're either being converted to token or stowed away forever.

Bone

Here are some.

 

Bonedigger, your casino chips are a whole different ball game. They are not generic rounds and are highly collectable. I was refering to the Franklin Mint type of silver, nice, but not usually worth over spot.

 

OOPS, my bad.

B

 

So actually there are some collectible bullion.

 

Oh yes, some people actively collect Franklin Mint or other silver rounds or bars, but you asked if they were worth more than spot, which they usually are not.

Casino chips aren't really considered generic rounds as they have the Casino's name on them. Some of them are highly prized and very expensive.

A generic silver round or bar will always be worth at least spot, but can still be very collectible.


Two different questions, 2 different answers.

 

Thanks for the input... it is a little clearer now...

Any other thoughts?

 

Kookoburs, Kangaroos, Britanias etc are not rounds they are legal tender bullion :smile

De Orc :kewl:

 

Oh, ok. I thought the were the equivalent of Silver Eagles. Just minted as bullion. Are they .999?

 

Yep also minted in Gold

De Orc :thumb:

 

You could spend the UK ones but would loose a fair amount LOL we have so many new issues that I doubt if anyone would realy coment too much dont know about the Aussie ones and how they would be recieved.

De Orc

 

Have you ever seen Wells Fargo Silver bars? Are those collectible?

 

Look at it this way mate people collect everything and anything LOL I know that folks collect art bars, my Mrs has a few every now and then she will see one she likes and gets it. Have a look on Ebay and Bidville and check out the prices they sell for this will give you more of a idea.

De Orc :thumb:

Ps the other thing is if you like em get em same as coins unless you are collecting for investment.

 

I have a number of silver rounds. They dont' seem to be very collectible now, but could be someday. They are always worth the bullion value and might sell at a premium someday in the same manner that Civil War Tokens or Hard Times Tokens are collected.

 

silver round

i like silver round issued by the franklin mint during 1970's. the mint produced so many foreign crown and commemoratives. why franklin mint disappeared?. tell me.

 

franklin mint

i mean why they don't produces coins anymore?. only some other stubs. but if they did. what kind of coins they produces?.