The fineness level of bullion varies greatly. No bullion will be 100% pure, as there will always be trace amounts of impurities in them. Some bullion is deliberately made to be anywhere from 35-92.5%, since coins meant for circulation and use wear down at a slower rate when other metals like copper are added.
(Created with Bing)
What Silver Purity to Buy
When buying government coins, make sure you pay attention to purity, since this can vary widely by country, coin type and mintage dates. It's ideal to stick to coinage containing at least 80% silver, as coins with lower amounts are less desirable.
For modern bullion it is all typically .999 fineness. You will find some that is .9999 fine, but the increase in purity isn't justified by the disproportionately larger premium you will pay for it.
What Gold Purity to Buy
You won't run into as many variations of gold purity in products. Most are 90% purity to .9999 in fineness. Some coins will be more collectable and recognizable than others, but will also come with a higher premium.
Coin Sizes and Weights
When buying coins that aren't .999 or .9999 in purity, some may be larger than a standard one ounce round or coin. The reason for this is the metal content is still one ounce-worth of silver or gold. You will find this in US Gold Eagle coins, South African Krugerrands, Mexican Sterling (.925) Onzas, etc.
!hiqvote
You received an upvote of 100% from Precious the Silver Mermaid!
Thank you for contributing more great content to the #SilverGoldStackers tag.
You have created a Precious Gem!
Great info! Thanks for sharing this!
Thanks! You're welcome! 😀
!DUO
!LUV
!PIZZA
You just got DUO from @bulliontools.
They have 1/1 DUO calls left.
Learn all about DUO here.
$PIZZA slices delivered:
bulliontools tipped tokutaro22
bulliontools tipped bozz
@bulliontools(3/5) tipped @bitcoinman
I am now focusing on buying silver in medium-sized bullion. I think it will be a good investment in the medium term.
Awesome! It's also a great way to save your wealth for later. 😁
!PIZZA
!PIMP
You must be killin' it out here!
@bulliontools just slapped you with 1.000 PIMP, @tokutaro22.
You earned 1.000 PIMP for the strong hand.
They're getting a workout and slapped 1/2 possible people today.
Read about some PIMP Shit or Look for the PIMP District
When it come to bullion value which is part of smart stacking that's beautiful advice but I would say for private sales getting a small stash of some lower purities can be a reasonable move !DOOK !LOL
lolztoken.com
But take a look at me now.
Credit: reddit
@bulliontools, I sent you an $LOLZ on behalf of bitcoinman
(4/10)
Delegate Hive Tokens to Farm $LOLZ and earn 110% Rewards. Learn more.
True. It really depends on the desirability level. Even if they're less than 80% pure, if people always want them, it's not a bad move to stack them.
!DOOK
!PIZZA
Hmmmm
I don't know why i thought of it but how can one be sure of the purity percentage?
I mean, its quite easy to stamp .999 and claim its 90% pure.
Or are there silver checkers that give the percentage of purity?
@bulliontools, the HiQ Smart Bot has recognized your request (1/3) and will start the voting trail.
In addition, @bulliontools gets !WEED from @hiq.redaktion.
For further questions, check out https://hiq-hive.com or join our Discord. And don't forget to vote HiQs fucking Witness! 😻
Having some of your countries constitutional silver on hand is a good idea in case of need. Stacking .999 or .9999 silver is a better option for ever other case.
Gold I like .9999 personally,
I do however collect other silver and gold coins, but those are graded and collector piece worth well more than the spot prices.
I always like the higher purity, but old silver war nickels are only 35... It's easier to sell with higher purity for sure. But I like collecting some coins for numismatic reasons even with low silver content!
!DOOK
Congratulations @bulliontools! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)
Your next target is to reach 10000 upvotes.
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPThere's not much difference between .999 and .9999 however, in the Health industry .9999 is considered 'Medical' grade.