1 oz Silver Round Republic Logo
Silver is an industrial metal because it has many uses in technology, medical science and the environment. And as industry grows the need for silver increases and may push prices higher. Investment interest has also brought increasing attention since the use of silver in US coinage was discontinued in 1964. Today many people believe silver is real money and a store of value as fiat currency loses value through inflation which is why the 1 oz Silver Round Republic Logo is so popular.
The 1 oz silver round has been popular in the bullion business since the early 1960’s because it is easy to recognize, store and monetary value. And of the many quality manufacturers (refiners) of 1 oz silver rounds one of the most popular traded today is the pictured 1 oz Silver Round Republic Logo.
We buy and sell the 1 oz Silver Round Republic Logo in mint condition as shown and each round highlights its purity (.999 Fine Silver) and weight (one Troy Ounce) on the front of the coin. Each 1 oz Silver Round Republic Logo is beautifully struck. The frosted surfaces, reeded edge and logo back are added security features.
They come from the manufacturer in beautiful plastic locking tubes of 20 coins each as pictured.
Further advantages of the 1 oz Silver Round Republic Logo include: (1) because of its uniform weight and size precious metal dealers post daily buy and sell prices which follow the price of silver. (2) The 1 oz Silver Round Republic Logo is handy for smaller transactions and is easily stored in bank deposit boxes. (3) The price you pay over “spot” is small because this is a bullion product. (4) The 1 oz Silver Round Republic Logo comes in durable plastic tubes which hold 20 coins and seal securely. (5) The 1 oz Silver Round Republic Logo is an ideal form of barter in case paper currency is questioned. (6) The 1 oz Silver Round Republic Logo can be sold in smaller quantities so they offer more liquidation options.
There is no reporting requirement when you purchase 1 oz silver rounds. The sale of 1000 ounces or more is reportable on I.R.S. Form 1099B. The sale of less than 1000 ounces at any one time is not dealer reportable on Form 1099B.