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| Product | /oz | Premium | Price | |
|---|---|---|---|---|
IDC Coin and Bullion
|
$69.48 | +6.67% | $1,116.89 | View Deal |
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500g Silver Round: frequently asked questions
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The cheapest 500g silver round on BullionFerret is $1,116.89, from IDC Coin and Bullion, at 6.7% over silver spot. That is 16.08 troy ounces of .999 fine silver, making it a cost-effective way to stack larger quantities at a relatively tight premium per ounce compared to smaller denominations.
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500 grams equals 500g of silver (one troy ounce is 31.1035 g, so 500 / 31.1035 = 16.0755 troy oz). At .999 purity, the fine silver content is approximately 16.059 troy ounces. Troy ounces are the standard unit for pricing precious metals worldwide.
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Both contain the same amount of metal at the same purity, but rounds are disc-shaped (coin-like) and typically privately minted with no legal-tender face value. Bars are rectangular and the more common format at larger weights. In practice the terms overlap at 500g, with some products sold as either. Premiums are usually similar; the choice often comes down to storage preference and secondary-market liquidity in your region.