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About the Viking Series Silver
Monarch Precious Metals' Hand-Poured Viking Silver
The Viking Series from Monarch Precious Metals is a line of hand-poured and ultra-high-relief silver bars and rounds depicting Norse warriors, shield maidens, and dragons. Produced at Monarch's facility in Sparks, Nevada, every piece is .999 fine silver and carries the distinctive characteristics of hand-poured production: slight weight variations, unique surface textures, and an artisanal quality that machine-struck bullion cannot replicate.
The series spans two distinct sub-lines. The hand-poured 5 oz art bars depict individual Viking archetypes in combat poses, each finished with an antique polish and shipped in a custom leather pouch. The Dragon vs Vikings ultra-high-relief rounds portray dramatic battle scenes between Viking warriors and dragons, produced in 5 oz and 10 oz formats and packaged in solid walnut display boxes with rare earth magnet closures.
None of these are legal tender. As private-mint products, they carry no face value, no sovereign guarantee, and no tax advantages in jurisdictions that provide preferential treatment for government-issued coins. Buyers should understand they are paying for both silver content and artistry. Premiums sit well above generic bullion bars and rounds, reflecting the hand-poured production, detailed sculpting, and presentation packaging.
The series is available in weights from 1 oz bars through 5 oz bars and 5 oz rounds up to 10 oz rounds and a 1 kilo coin. For stackers who buy purely for metal content, cheaper alternatives exist at every weight. The Viking Series targets buyers who want silver with personality.
Viking Series Products and Dimensions
5 oz Viking Warrior Art Bars
| Attribute | Value |
|---|---|
| Weight | 5 troy ounces |
| Purity | .999 fine silver |
| Finish | Hand-poured, antique polish |
| Packaging | Custom leather pouch |
Four known designs exist within the Viking Warrior bar line: the Warrior with Double Axe, the Archer with Bow and Arrow, the Shield Maiden (female warrior), and the Flail and Shield variant. Each bar carries the Monarch Precious Metals mint mark, weight, and purity stamp on the reverse. Because these are hand-poured, each piece has slight variations in shape and surface texture.
Ultra High Relief Dragon vs Vikings Rounds
| Attribute | 5 oz | 10 oz |
|---|---|---|
| Weight | 5 troy ounces | 10 troy ounces |
| Purity | .999 fine silver | .999 fine silver |
| Diameter | ~2.125 inches | ~3 inches |
| Thickness (max) | 0.375 inches | 0.4 inches |
| Finish | Ultra high relief, antique polish | Ultra high relief, antique polish |
| Packaging | Walnut display box | Walnut display box |
Both sizes share the same antique polish finish that accentuates the sculptural depth of the ultra-high-relief striking. The walnut boxes feature hidden hinges and rare earth magnet closures, a detail that elevates the unboxing experience and positions these as display or gift items.
The series also includes Viking-themed gaming dice in .999 silver, sold as a pair in a wooden presentation box. These bridge tabletop gaming culture with precious metals collecting.
Viking Series Silver Tax Treatment
As private-mint bars and rounds with no legal tender status, the Viking Series receives no special tax treatment in any jurisdiction. There are no face values, no sovereign guarantees, and no government backing to trigger exemptions available to legal tender bullion coins.
United States: The primary market for Monarch products. No federal sales tax applies to precious metals. State sales tax varies: roughly 35 states exempt bullion purchases entirely, with partial exemptions in states like California (exempt above $2,000), Florida (above $500), and New York (above $1,000). Capital gains on silver are taxed at the collectibles rate of up to 28% federally, plus any applicable state tax. Private mint rounds typically do not qualify for precious metals IRAs, as IRA-eligible silver must be produced by an approved mint or meet specific accredited refinery standards.
United Kingdom: Silver bars and rounds attract 20% VAT on purchase. No CGT exemption applies (not UK legal tender). The margin scheme is available only for pre-owned silver, so new Viking Series products carry the full VAT rate. These products are rarely stocked by UK dealers.
Canada: GST/HST exemption for silver requires 99.9% purity in bar, ingot, coin, or wafer form. The .999 purity qualifies on fineness, but the round format may or may not meet the "bar, ingot, coin, or wafer" requirement depending on interpretation.
European Union: Silver is subject to the standard VAT rate in each member state. No margin scheme advantage applies to new private-mint products.
Australia: Investment-grade silver at 99.9% purity in a form commonly traded on commodity markets is GST-exempt. The bars should qualify; rounds may depend on classification.
Singapore and Hong Kong: Singapore exempts silver at 99.9% purity from GST under the Investment Precious Metals scheme. Hong Kong charges no sales tax on any precious metals.
From Hand-Poured Bars to Fantasy Art Rounds
Monarch Precious Metals was founded in Oregon before relocating to Sparks, Nevada. The company built its reputation on hand-poured silver products, a production method where molten silver is manually poured into moulds rather than being struck by machine presses. This yields products with an artisanal character: no two pieces are exactly identical, and the surface textures carry visible evidence of the pouring process.
The Viking line started with the hand-poured 5 oz warrior art bars. Each bar depicts a different Viking archetype in a fighting stance: the double-axe warrior, the archer, the shield maiden, and the flail-and-shield fighter. The designs draw on the broad Norse warrior tradition rather than specific historical figures or sagas. Each piece is finished with an antique polish that darkens recessed areas, emphasising the sculptural detail of the relief work.
The series then expanded with the Dragon vs Vikings ultra-high-relief fantasy rounds. These shifted from historical warrior depictions to mythological scenes: Viking fighters battling dragons in dramatic compositions. The 5 oz version features a "baby dragon" scene, while the 10 oz version depicts a confrontation with a full-size dragon. The fantasy element broadened the appeal beyond Norse history enthusiasts to collectors interested in genre artwork and high-relief striking techniques.
The custom packaging evolved alongside the products. The art bars ship in leather pouches that complement the antique aesthetic. The ultra-high-relief rounds come in solid walnut display boxes with hidden hinges and rare earth magnet closures, reflecting the higher price point and positioning these as display pieces or gifts rather than products destined for a safe deposit box.
The Viking gaming dice represent the most recent addition, crossing over from bullion collecting into tabletop gaming culture. Silver dice are a niche product, but they reflect Monarch's willingness to experiment with formats beyond traditional bars and rounds.
Viking Series vs Other Art Silver and Private Mint Products
The Viking Series occupies the "art silver" segment, where buyers are paying for design, production technique, and presentation alongside the underlying metal content. This places it in a different competitive frame from commodity bullion.
Against other private mint art silver, the closest competitors are the Privateer series (from Elemetal), SilverTowne's themed rounds, and Intaglio Mint's collectible rounds. Monarch's hand-poured production method is a genuine differentiator here. Machine-struck rounds, however detailed, have a uniformity that hand-poured pieces lack. Each Viking bar is subtly unique, which adds collector appeal but also means inconsistent stacking dimensions.
The ultra-high-relief rounds compete with premium-finish products from sovereign mints, including Perth Mint high-relief coins and the Royal Canadian Mint's special finish offerings. Sovereign mint products carry legal tender status and established buyback networks, advantages the Viking rounds cannot match. The Viking rounds counter with distinctive fantasy artwork and walnut presentation packaging that most sovereign products lack.
The Germania Mint Valkyries series offers a different Norse-themed approach: machine-struck rounds with .9999 purity (one nine higher than Monarch's .999) and a structured four-coin seasonal narrative. The Valkyries are more collector-focused; the Viking Series is more display-focused. Neither is legal tender.
The Mason Mint Vikings rounds provide a lower-premium Norse alternative at the 1 oz weight, with both BU and antique finish options. Mason Mint's products are machine-struck and open-mintage, making them cheaper but less distinctive than Monarch's hand-poured pieces.
For buyers who want silver bars at these weights without the art premium, generic 5 oz and 10 oz bars from refineries like Asahi or Sunshine Minting trade at substantially lower premiums. The Viking Series is for buyers who have decided the premium is worth paying for the artistry and presentation.
Viking Series Silver: frequently asked questions
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Pricing is anchored to the live silver spot price, currently $65.33, with a premium for artistic detail, hand-poured production, and custom packaging (leather pouches and walnut display boxes). These rounds trade at meaningfully higher premiums than generic bullion. Compare current prices across 1 dealer and 5 listings on this page. Prices were last updated recently.
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The Viking series from Monarch Precious Metals covers two product lines. The 5 oz hand-poured art bars each depict a distinct Viking archetype in a fighting pose: a warrior with a double axe, an archer with bow and arrow, a shield maiden, and a warrior with flail and shield. A separate sub-line, the Dragon vs Vikings ultra-high-relief fantasy rounds (available in 5 oz and 10 oz), depicts battle scenes between Viking warriors and dragons. All pieces feature antique polish finishing.
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All Monarch Precious Metals Viking series products are .999 fine silver (three nines purity). This is the same fineness used by many major sovereign mints for standard bullion coins and is significantly purer than sterling silver (92.5%), which is the standard used in most silver jewellery.
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No. Monarch Precious Metals Viking rounds are private mint products with no legal tender status in any country. CGT exemptions for bullion coins in the UK apply only to UK legal-tender coins such as Britannias and Sovereigns. As rounds rather than legal tender, these are subject to standard CGT treatment in the UK (at 18% or 24% depending on your income, with a £3,000 annual allowance) and to capital gains rules in other markets.