Is There a Pure Silver Coin?

Quality

• Pure silver, also known as three-nines grade silver, is too soft for practical use because it can easily become misshapen. It is only used to create bullion bars and select silver coins.

Function

• One-ounce silver coins are uncirculated coins. This means that they are sold directly from a country's mint system to collectors. They are never circulated, or used for legal tender.

Value

• The value of these coins is increased by their limited status. Coins are produced both in limited numbers and for a limited period of time, making them harder to get, and there for more expensive to procure.

Types

• The most common pure silver coins sought by collectors are the American silver eagle, the Australian kookaburra or lunar zodiac-theme coins, Chinese panda, Canadian silver maple leaf, and British sovereign.