/biz/ - Business & Finance

>>58412356
>>58411899
The question seems to indicate a general misunderstanding. Bullion is always pure, at least three 9s. This includes bullion coins, minted by a government with a face value, like the ASE or Britannia. Nobody actually uses these as currency for everyday transactions. Bullion (whether bars, rounds, or coins) is always priced at spot price + premium for any pleb not taking delivery of full COMEX bars (I believe they just pay spot). Meanwhile, silver coinage from generations past used silver alloys to keep the coins stronger and less prone to tarnish. Like the consumer bullion market, the market values for these coins is based on the purity + premium. These kinds of silver coins can have premiums that vary wildly, depending on the coins, so you'll want to familiarize yourself with any coins your especially interested in collecting or stacking. Numismatic autism can go deep in this field.