Silver coins have long been a popular investment, especially in times of economic uncertainty. As we enter 2023 after a volatile 2022, silver remains a hedge against inflation and a safe haven asset. The best silver coins to buy in 2023 are still American Silver Eagles, Canadian Silver Maple Leafs, Austrian Silver Philharmonics, and Silver Britannias. These government-issued legal tender coins have high silver purity, global recognition, high liquidity. Investors should focus on buying official bullion coins instead of collectible numismatic coins to maximize silver content per dollar spent.
American Silver Eagles top the list with longest track record and highest liquidity
First released in 1986, the American Silver Eagle is the official silver bullion coin of the United States. With a weight of 1 troy ounce and purity of .999 fine silver, Silver Eagles remain one of the most widely traded silver bullion products in the world. Their iconic design featuring Walking Liberty makes them easily recognizable. As legal tender coins produced by the U.S. Mint, Silver Eagles can be included in precious metals IRAs as well. For new stackers looking to invest in physical silver, American Silver Eagles are the standard choice.
Canadian Silver Maple Leafs and Austrian Silver Philharmonics offer security features
Other popular sovereign silver coin options include the Canadian Silver Maple Leaf and Austrian Silver Philharmonic. Minted by the Royal Canadian Mint and Austrian Mint respectively, these silver coins also contain 1 troy ounce of .9999 fine silver. Unique security features like radial lines on Maple Leafs and intricate musical motifs on Philharmonics provide anti-counterfeiting protection. Both coins have strong annual mintages and good fungibility for silver bullion investors.
Britannia Silver coins complete the top tier of government bullion products
British Silver Britannias stand alongside Silver Eagles, Maple Leafs and Philharmonics to complete the major government-issued silver coin programs investors should consider. Britannias contain 1 troy ounce of .958 fine silver, with face values in British pounds sterling. An iconic image of Britannia has featured on these silver coins since they debuted in 1997. While slightly less pure than other coins mentioned, Silver Britannias remain VAT-free in Europe.
For silver coin stacking in 2023, American Silver Eagles remain the standard choice for new and experienced investors alike. Maple Leafs, Philharmonics and Britannias complete the top tier of government bullion coins to diversify into. Focus on official legal tender coins over collectibles for optimum silver content.