Ainslie Bullion
Showing 3 Australia results in AUD.
See all 159 global results in your own currency.
Prices are fetched automatically and may not reflect current merchant prices. Currency conversions and tax treatment are approximate. Rankings are based solely on price. We are not a dealer and accept no responsibility for transactions with listed merchants. Past performance is not indicative of future results. This site does not provide investment advice. Full disclaimer
1 oz Silver Round: frequently asked questions
-
The cheapest 1 oz silver round tracked on this page is A$102.48 from Ainslie Bullion, at around 9.9% over spot. Prices adjust throughout the day in line with the silver market, so the live table above shows the most current offers.
-
The lowest premium currently available here is around 9.9% over the A$93.63 silver spot price. Generic silver rounds typically carry lower premiums than sovereign coins because they have no government backing or numismatic appeal. They are a cost-effective way to accumulate silver close to spot value.
-
A 1 oz silver round weighs 1 oz, which equals 31.1035 grams. This is one troy ounce, the standard unit used for pricing precious metals worldwide. The weight is consistent across all .999 fine silver rounds regardless of design or mint.
-
999 fine silver is 99.9% pure silver, with the remaining 0.1% being trace elements. It is the standard purity for investment-grade silver bars, rounds, and most government-issued bullion coins. Three-nines purity meets the threshold for investment silver in major markets, making these rounds straightforward to buy, sell, and store alongside other bullion.
-
Silver rounds are privately minted discs with no legal tender status and no face value. Silver coins are produced by government mints, carry a face value, and are legal tender in their issuing country. Because rounds skip the government manufacturing overhead, they usually trade at lower premiums over spot than sovereign coins, though they may be slightly less liquid in some markets.