A new option has been created for silver bullion investors by the Professional Numismatists Guild.
A one-ounce .999 fine silver round is being introduced.
The PNG’s Accredited Precious Metals Dealers will be offering these new rounds in the marketplace.
PNG says the rounds will be offered at competitive prices that will be lower than some other one-ounce silver bullion products on the market.
Price is important. When it comes to maximizing the amount of silver that can be purchased for a given number of investment dollars, this can make a big difference.
PNG President Barry Stuppler said, “These handsome rounds with a proof-like luster are slightly larger than U.S. Morgan and Peace silver dollars. They were professionally created as a way for the public to advantageously invest in a premium precious metals product guaranteed for weight and silver fineness purity, and to emphasize the importance of doing business with knowledgeable, reputable dealers.”
The rounds measure 39 millimeters in diameter. They are custom made by the Highland Mint of Melbourne, Fla. They have an “HM” mintmark.
The rounds will be sold in groups of 20 that are packaged in inert plastic tubes with a tamper-evident PNG-APMD seal on the lid, according to Robert Brueggeman, PNG executive director.
“Prices will be just a small fraction over their intrinsic silver value,” he said.
An eagle is on the obverse, and the Roman goddess Aequitas is on the reverse. The latter symbolizes honest merchants and fair deals.
Most importantly in this age of growing counterfeiting, the reverse says, ““GUARANTEED BY APMD ACCREDITED PRECIOUS METALS DEALERS/PNG SINCE 1955.”
For additional information about the new PNG-APMD silver rounds and participating dealers, contact the Temecula, California-based Professional Numismatists Guild at 951-587-8300 or info@PNGdealers.org.
There have been a lot of silver rounds created over the last half century, but this is the first with a PNG guarantee. That is worth considering.
Buzz blogger Dave Harper won the Numismatic Literary Guild Award for Best Blog for the third time in 2017 . He is editor of the weekly newspaper "Numismatic News."
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