The Precious Metal Silver in Bars and Rounds
Silver is known as precious metal and much, much more. This metal of ancient civilizations and of modern technology has been used as a medium of exchange through the ages, and is an important investment metal with a variety of industrial uses.
Silver Bullion Bars and Coins
Bullion is the form of silver traded for investment purposes. From silver metal, coins or rounds, bars, and ingots are struck or cast to form a physical product that is brought or sold on the basis of the silver content.
Silver Historical Background
In 1792, silver assumed a key role in the United States monetary system when Congress based the currency on the silver dollar, and its fixed relationship to gold. Silver was used for the nations coinage until its use was discontinued in 1965. The dawn of the 20th century marked an important economical function for silver, that of an industrial raw material.
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