Buy 1 troy ounce silver coins: Choose from these coins

Silver coins 1 troy ounce

At The Silver Mountain, you can purchase 1 troy ounce silver coins at the current silver price. Prices on our website are updated automatically every three minutes. You can choose to pick up your silver coins, have them shipped to you with insurance, or opt for storage.

The most common silver coins are all minted in 1 troy ounce (31.103 grams) of pure silver. These coins are popular among both collectors and investors in physical silver. Each year, tens of millions of the silver Maple Leaf, the Vienna Philharmonic, and the Britannia coins are sold.

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Why should I buy silver coins

Silver coins, unlike silver bars, are traded under the margin scheme. The margin scheme is a special VAT regulation that can be applied to the trade of 1 troy ounce silver coins. Under this scheme, VAT is not calculated on the full sale price but only on the dealer's profit margin.

This means that VAT is only applicable to the difference between the purchase price and the sale price. For this reason, as an individual, you are better off buying 1 troy ounce silver coins compared to silver bars.

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Which silver coin to buy

Within our assortment, we have newly minted 1 troy ounce silver coins and pre-owned silver coins. For new coins, part of the production costs is included, whereas pre-owned coins are bought back from customers who previously purchased them from us (or elsewhere).

These pre-owned coins are more cost-effective for us to purchase, allowing us to offer them at a lower price. The production costs have already been accounted for in the initial purchase. For this reason, when investing in physical silver, it is better to buy pre-owned 1 troy ounce silver coins.