What is the difference between silver investment coins and collector coins?
Many mints issue coins in various grades and sizes. The vast majority of silver coins are minted in 1 troy ounce and are offered at a low premium. This means that the price of the coin is linked to the current silver price. Therefore, these types of coins are traded purely on the basis of their silver value.
There are also silver coins available that are issued in smaller quantities and in an extra high quality. These are coins that are more suitable for coin collectors. Common collectible coins are struck in proof condition, which means that the coin is struck in an extra high quality. This is a different production process than regular silver investment coins. In addition, many silver troy ounce coins are temporarily issued as part of a temporary theme. Think of this as smaller print runs. Nowadays, mints can mint coins in many different ways and so there are even coins available in different sizes, different weights or in the shape of a painting.
If you buy silver as an investment, it is best to buy silver investment coins. You can find these coins in the category Silver coins. All silver collector coins can be found under Collector coins.