WHAT ARE THE TOP SILVER PRODUCTS TO PURCHASE IN 2023?

INTRODUCTION

As we enter the new year, many people are seeking to increase their investment opportunities. Purchasing precious metals is one of the most popular ways to protect against inflation or potential economic turmoil. Securing silver bullion is a great way to add value to your portfolio during an economic downturn.

A survey conducted by the Wall Street Journal reported that economists believe a recession will occur in 2023. The report also expects that consumer spending will fall and that households will run out of savings. Due to economic pressures, borrowing will continue to rise, further burdening American household budgets.

In addition, economists believe that the US economy will contract significantly, possibly affecting various asset classes such as stocks, bonds, real estate, and the like. Unfortunately, this will cause a large percentage of workers to become unemployed in 2023. The surveyed economists believe that unemployment numbers can reach the millions.

In response to economic uncertainty, many financial advisors have suggested reallocating funds to precious metals such as silver bullion. Analysts predict that silver can reach up to $35 an ounce in 2023.

Here at Bullion Exchanges, we offer a range of silver products for investors of all levels. So, what are the top silver products to purchase in 2023? Keep reading to find out our suggestions!

SILVER COINS AND ROUNDS

Silver coins and rounds are manufactured in a wide array of sizes and finishes, both factors that contribute to their value. Below are options for silver bullion coins and rounds to purchase in 2023!

CANADIAN MAPLE LEAF COINS

Securing Canadian Maple Leaf coins will add value to your 2023 silver stack! Struck by the Royal Canadian Mint, the Canadian Silver Maple Leafs were first manufactured in 1988. Each of these coins contains 1 troy ounce of .9999 fine silver. Interestingly, the maple leaf was the world’s first silver bullion coin with that high purity. The obverse features the reigning monarch from the year of issue. The 2023 Silver Maple Leaf marks Her Late Majesty Queen Elizabeth’s effigy's final appearance in the series. The reverse displays the iconic sugar maple leaf design.

BRITISH SILVER BRITANNIA COINS

Originally produced by the British Royal Mint in 1997, the Silver Britannia weighs 1 troy ounce. From 1998-2012 they were struck from .958 fine silver but in 2013 the Royal Mint began striking them from .999 fine silver. The 2023 Britannia will be the final coin in this series to feature Queen Elizabeth II on the obverse. A Britannia coin featuring King Charles III’s first effigy will be released later in the year. The reverse showcases the regal Standing Britannia figure holding a trident.

AUSTRALIAN SILVER KOOKABURRA COINS

Struck by the Perth Mint since 1990, the Silver Kookaburra coins contain .999 fine silver and are available in varying weights including 1 oz, 2 oz, 10 oz, and 1 kg. The obverse depicts the effigy of the reigning monarch from the year of issue. The 2023 Silver Kookaburra will feature Queen Elizabeth II for the final time. The reverse showcases the yearly-changing design of a Kookaburra bird, heightening the collector appeal.

AUSTRIAN SILVER PHILHARMONIC COINS

Produced by the Austrian Mint, the Austrian Silver Philharmonic coins are a popular choice among investors and collectors. These coins are made from .999 fine silver and feature a stunning design that is inspired by the country's rich musical heritage. The obverse showcases a depiction of the Musikverein, the famous concert hall in Vienna where the Vienna Philharmonic Orchestra performs. The reverse displays an assortment of musical instruments including a cello and four violins, among others.

SOUTH AFRICAN SILVER KRUGERRANDS

The SA Mint released the first-ever South African Krugerrands in 2017 in order to commemorate the 50th anniversary of the Gold Krugerrand. Since then, they have become a worldwide favorite! The obverse ​​displays a bust of President Paul Kruger. The reverse portrays a springbok antelope, a classic South African animal.

ASAHI BUFFALO SILVER ROUNDS

Manufactured by Asahi Refining, these Buffalo Silver Rounds are inspired by the iconic Buffalo Nickel. Asahi is a well-respected company in the industry, known for its high-quality and high-purity products - including these rounds which are made from .999 fine silver. The obverse features an American buffalo. The reverse depicts a Native American chief facing right.

SILVER BARS

In addition to coins and rounds, precious metals collectors worldwide turn to silver bars as a secure way to add value to their portfolios. Typically, silver bars are manufactured from .999 or .9999 fine silver and carry the purity stamp as well as weight inscription. Newer silver bars may also be available in assay cards and are struck with unique serial numbers.

Below are some options for secure silver bars to purchase as you start or continue silver stacking in 2023!

KILO SILVER BARS

EMIRATES GOLD SILVER BAR

Emirates Gold produces Kilo Silver Bars, perfect for advanced collectors looking to add significant value to their stack. Each bar has a purity of .999 fine silver. Emirates Gold is the Middle East’s largest refinery and is run by skilled professionals with years of experience, ensuring this silver bar is a trustworthy product!

ITALPREZIOSI SILVER BAR

The 1 Kilo Italpreziosi Silver Bar makes a secure addition to any portfolio. Italpreziosi is a trusted Italian company that has been producing precious metal products for over 50 years. These 1-kilo bars are made from .999 fine silver and arrive with an Assay card, certifying their authenticity.

PERTH MINT SILVER BAR

The Perth Mint Silver Kilo Bar is a high-quality silver bullion bar produced by the Perth Mint, one of the most respected names in the precious metals industry. These bars are made from .999 fine silver and come in a convenient kilogram size, making them a good choice for experienced investors. 

10 OZ SILVER BARS

ASAHI SILVER BARS

Asahi Ltd. produces high-quality silver bars. Manufactured using traditional refining processes, Asahi silver bars are made from .999 fine silver, making them a strong choice for investors of all levels.

VALCAMBI SILVER BARS

Another popular brand with 10 oz silver bars for purchase is Valcambi Suisse. Valcambi Silver Bars are some of the most coveted bars in the industry. Each 10 oz Valcambi silver bar contains .999 fine silver, one of the highest purities available! Valcambi Suisse is a highly trusted precious metals producer, with many bars eligible for IRA investing.

PAMP SUISSE SILVER BARS

PAMP Suisse is a Swiss company that is known for producing some of the most intricate and beautiful silver bars worldwide. Each silver bar from PAMP Suisse has a guaranteed .999 fine silver content. There are a variety of silver bar collections to choose from including the famous Lady Fortuna, Cast Silver bars, and the Lunar Series silver bars.

RCM SILVER BARS

The Royal Canadian Mint is a highly reputable institution known for its high-purity products. RCM’s Silver bars are struck in a few different sizes. Every Royal Canadian Mint Silver Bar has the weight inscription and the .9999 fine silver purity inscription, which means that they have one of the highest purity of all silver bars currently available for purchase.

CONCLUSION

Collecting silver coins, rounds, and bars is a secure way to invest in precious metals in 2023! Before you make a purchase, be sure to consult our Live Silver Price chart on our website to ensure you are transacting at the best price. If you have questions about our services or any of our silver products you can reach out to our customer service team during normal business hours.