Pacific Precious Metals
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 Kilo Silver Round: frequently asked questions
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The cheapest 1kg silver round listed here is $2,169.85 from Pacific Precious Metals, currently around 0.2% below spot. Like all 1kg silver products, the price is driven primarily by the silver spot rate, with a dealer markup added on top.
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A silver round is a privately minted disc, usually circular and coin-shaped, but with no government backing and no face value. Unlike a legal-tender coin, it cannot be used as currency. Unlike a bar, it is struck rather than poured or minted flat. Rounds typically carry lower premiums than government coins and the same 999 fine silver purity as bars, making them a cost-effective way to hold silver by weight.
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Tax treatment depends on your country. In the UK, silver rounds carry 20% VAT. In Canada, investment-grade silver is zero-rated at 0% GST. In Germany, silver rounds are subject to 19% VAT, though the margin scheme may apply to pre-owned items. US sales tax varies by state and is not a national flat rate.
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BullionFerret tracks 2 dealers currently listing 1kg silver rounds, with prices ranging from $2,169.85 to $2,210.33. Pacific Precious Metals offers the lowest price at the time of checking. The table above shows live pricing across all listed sellers so you can compare at a glance.