Buying silver offers investors and collectors a lot of options. Silver is available in various forms that include silver rounds, silver coins, and silver bars for sale. When it comes to popular weights, most buyers tend toward 1 oz, 10 oz, and 1 Kilo options. There are other options out there for silver buyers though, including 5 oz silver products. Silver is available in this weight in all the forms mentioned above and you can learn about each option in the paragraphs below.
The primary 5 oz silver coin available to investors comes from the United States Mint. In 2010, the US Mint introduced the America the Beautiful collection. This extensive series of silver bullion coins includes 56 designs in all representing the 50 US states, the five overseas territories of the nation (Puerto Rico, US Virgin Islands, Northern Mariana Islands, American Samoa, Guam) and the federal district of Washington DC. The program offers 5 new designs per year and is slated to run through 2021, with the Secretary of the Treasury holding the power to extend the program through 2033.
In the America the Beautiful Series, the United States Mint offers two choices per design release. The coins are available in the following options:
All ATB Silver Coins have 5 Troy oz of .999 pure silver and come with a face value of $.25 (USD) backed by the federal government. All ATB coins have a shared obverse design of President George Washington. The same design has appeared on American quarters since 1932.
Other examples of 5 oz silver coins include the proof silver coins in the Queen’s Beast Series from the Royal Mint of England and the Mexican Silver Libertad coins from the Mexican Mint. The latter series is available in 5 oz weights in both the bullion and proof versions of the coin.
There are various silver bar programs offered from private refineries the world over that come in 5 oz of silver. These bars come in a variety of formats that include minted ingots and hand-poured bars. Monarch Precious Metals, founded in Oregon in 2008, is a leading producer of hand-poured silver bars in 5 oz weights. SilverTowne, another private American mint located in Indiana, produces a minted ingot in this weight that has the popular Buffalo Nickel design:
Multiple private mints offer 5 oz silver rounds for collectors and investors to choose from when they buy silver. In the case of silver rounds, each one has .999 pure silver and offers varying designs that range from simple mint logos to historic US coin imagery. Examples of 5 oz silver rounds include, but are not limited to, the following:
For those looking at 5 oz silver, JM Bullion has a lot to offer. Please don’t hesitate to contact us with your questions by calling 800-276-6508, using our live chat service online, or by sending us an email with your inquiries.