17 products · 110 deals Prices & premiums exclude tax to compare across countries
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| Product | /oz | Premium | Price (ex. tax) | |
|---|---|---|---|---|
7 deals
|
$65.40 | +0.11% | $32.70 | Compare |
2 deals
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$70.00 | +7.15% | $35.00 | Compare |
| $74.42 | +13.94% | $37.21 | View Deal | |
8 deals
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$75.19 |
+15.79%
+39% inc.VAT
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$37.60
£34 inc.VAT
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Compare |
| $76.27 | +16.56% |
$38.14
CA$54
|
View Deal | |
14 deals
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$76.16 |
+16.83%
+39% inc.VAT
|
$38.08
€40 inc.VAT
|
Compare |
| $77.88 | +19.21% | $38.94 | View Deal | |
4 deals
|
$78.95 |
+20.61%
+45% inc.VAT
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$39.47
£36 inc.VAT
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Compare |
53 deals
|
$83.74 |
+28.17%
+54% inc.VAT
|
$41.87
£38 inc.VAT
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Compare |
| $88.05 |
+35.70%
+63% inc.VAT
|
$44.03
£40 inc.VAT
|
View Deal | |
| $89.30 |
+36.42%
+64% inc.VAT
|
$44.65
£40 inc.VAT
|
View Deal | |
| $103.29 | +58.11% |
$51.65
NZ$90
|
View Deal | |
3 deals
|
$104.77 | +60.38% |
$52.39
S$68
|
Compare |
10 deals
|
$109.97 | +68.31% |
$54.98
£42
|
Compare |
| $112.26 | +71.96% |
$56.13
€49
|
View Deal | |
| $121.06 | +87.32% | $60.53 | View Deal | |
| $135.42 | +107.33% | $67.71 | View Deal |
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
About 1/2 oz Silver Coins
The 1/2 oz Silver Coin: A Niche Weight
Half a troy ounce is 15.5517 grams, and in silver it is an unusual denomination. The 1/2 oz weight is primarily a gold coin format, where every major sovereign mint strikes one; in silver, 1/2 oz bullion coins are uncommon, appearing more often as commemoratives and special issues than as standing bullion lines. Fractional silver coins in general are rare, because the 1 oz silver coin is already an accessible price point, removing the affordability argument that drives fractional gold.
So who buys silver at this weight? In practice, mostly series collectors. The Perth Mint is the main source of supply, extending lines like its Lunar and Koala series down to 1/2 oz, and themed commemorative issues fill out the rest of the market. The buyer is typically completing a series across its sizes or picking up a themed coin, rather than stacking weight; for accumulating silver, the 1 oz coin and larger bars dominate on both cost and liquidity.
The standard silver tax rules apply unchanged at this weight. UK and EU buyers pay full VAT on silver coins (20% in the UK), with UK legal tender issues such as the 1/2 oz Britannia carrying the CGT exemption on disposal that UK coins enjoy. Canada, Australia, New Zealand, and Singapore exempt investment silver from GST/HST at .999+ purity, a bar most modern sovereign 1/2 oz coins clear. Hong Kong applies no tax at all. None of that changes the fundamental character of the weight: this is a collector corner of the silver market, not a stacking one.
Premium Economics at Half an Ounce
The silver coin premium problem gets worse as coins get smaller. Minting costs (blanking, striking, quality control, packaging) are roughly fixed per coin regardless of the metal inside, which is why government 1 oz silver coins already carry 15-25% premiums in normal conditions while gold coins of the same size run 3-5%. Halving the silver content does not halve those production costs, so the fixed-cost burden lands on half as much metal. The structural result is that small silver coins are an expensive way to buy silver per ounce, and the 1/2 oz weight should be expected to price above the 1 oz coin in percentage terms.
That makes the value framing at this weight different from fractional gold. A 1/2 oz gold coin buys meaningful flexibility at a modest premium penalty; a 1/2 oz silver coin saves only fifteen-odd dollars of outlay versus the 1 oz coin while concentrating costs on less metal. The rational reasons to pay it are collector ones: series completion, annual designs, themed issues. Mintage-driven resale upside exists for sought-after designs, as elsewhere in series silver, but it is design-dependent rather than something the weight itself delivers.
VAT jurisdictions sharpen the arithmetic further. UK and EU buyers pay full VAT on top of an already premium-heavy format, so the all-in cost per ounce of fractional silver coins is steep. Buyers whose goal is silver weight rather than specific coins will find 10 oz bars and other large formats dramatically cheaper per ounce; buyers whose goal is the coin itself should simply compare dealer prices on the specific issue, since thin markets produce wide price variation.
What Exists at 1/2 oz in Silver
The Perth Mint dominates the short list. The 1/2 oz Lunar is the most widely available silver coin at this weight, carrying the same annual zodiac designs as the larger sizes, and the 1/2 oz Koala extends that mint's other flagship silver series downward. Perth Mint commemorative programmes have also used the weight, with war-themed issues such as Victory in the Pacific and Battle of the Coral Sea appearing in dealer listings.
Beyond Australia, the weight surfaces as the small size of established series: the Royal Canadian Mint's Polar Bear, Armenia's Noah's Ark, Mexico's Libertad, and the Royal Mint's Britannia all appear at 1/2 oz in dealer inventories, alongside generic half-ounce rounds and pre-owned examples. Availability across all of these is thin and dealer-dependent; no single 1/2 oz silver coin enjoys the universal stocking of the major 1 oz coins, and listings come and go.
Two buying notes follow from that thinness. First, price comparison matters disproportionately, because sparse competition lets identical coins price very differently between dealers. Second, the distinction between sovereign coins and private-mint rounds applies at this weight as everywhere in silver: coins are government-minted legal tender, rounds are private products with no face value, and rounds price cheaper but resell with less recognition. For UK buyers, the legal tender point carries the usual tax weight, since UK coins such as the 1/2 oz Britannia are CGT-exempt while rounds never are.
1/2 oz Silver Coins: frequently asked questions
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The silver content of a 1/2 troy oz coin is worth half the live silver spot price, currently $65.58 per troy oz. Coins sell above that level, as dealers add a premium to cover production, distribution, and their margin. The metal value sets the floor; the premium varies by coin type and dealer.
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The comparison table on this page lists prices from 43 dealers across 119 listings, updated live. Sorting by premium over spot is the quickest way to identify the best-value option at any given time, since spot prices move and dealer premiums shift independently.
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A 1/2 troy oz silver coin weighs 15.55 grams. The troy ounce (31.10 g) differs from the avoirdupois ounce (28.35 g) used in everyday commerce; all precious metals are measured in troy ounces. The silver content is 15.55 g at whatever purity the coin carries.
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VAT and sales tax on silver coins depends on your country and the specific coin. In the UK, silver coins attract 20% VAT. In Canada, investment silver meeting the 99.9% purity threshold qualifies for a 0% GST/HST rate. In Australia, investment-grade silver carries 0% GST. Always check whether a particular coin qualifies in your jurisdiction before buying.