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All investors who like to invest in precious metals talk about gold. But investing in silver can also be quite worthwhile. However, especially beginners often have the problem that they do not know exactly which coins, for example, can be worthwhile. Basically, it can be said here that the most popular coins for beginners are also generally the most popular Silver Coins. But which coins enjoy the greatest popularity?
The top seller comes from Canada
From Canada comes the popular silver coin Maple Leaf, which is produced since 1988 completely without limit. It is one of the most traded silver coins in the world and is even clearly the number 1 in Germany. The fungibility is clearly given because the coin is so readily available worldwide. So you can buy it practically every day at the current market price or even sell it. In addition, it can be said that the premium on the current silver prices will remain very low in the coming period.
The Maple Leaf has also had additional security details since 2014 to make it even harder for counterfeiters to sell their fakes to the man and woman. There is a laser engraving with the shape of a maple leaf, which is of course strongly reminiscent of Canada. There are also radial lines on both sides of the coin. The coin weighs exactly one troy ounce, or 31.1 grams. However, there are also versions that have a different weight, which are then special editions.
Kangaroo from Australia
There is in Australia the kangaroo made of silver, which has been issued by the Perth Mint since 2015. At that time, about 300,000 copies of this coin were minted, but then only a year later it was issued without a limit. In Germany, the silver coin clearly ranks among the top 10 most popular coins among investors and collectors. The fungibility is correspondingly good, as only the Maple Leaf just discussed is traded more frequently in Germany. On the coin, as the name suggests, a jumping kangaroo can be seen. Furthermore, the lettering Australian Kangaroo can be seen on it and in the first "A" a minimal laser engraving can be seen. On the other hand, Queen Elizabeth II. can be seen on the side of the coin.
Vienna Philharmonic from Austria
The Vienna Philharmonic has been minted in Austria since 2008 and is still the only silver bullion coin that is Euro-denominated. Again, there is no specific mintage limit, which translates into very good fungibility. On the motif side of the coin you can see a cello. Furthermore, two violas and other instruments are also immortalized. On the value side is another motif. It is the organ in the Golden Hall of the Vienna Musikverein. The Vienna Philharmonic has a silver content of 99.9 percent and also a weight of exactly one troy ounce. There are, of course, many more silver coins that make excellent investment pieces, but their availability and fungibility make them first-rate coins for beginners who have just started to look at silver coins as an investment. This ensures that even when it comes to research, you don't initially make any obscure deals that you might regret after the fact.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.