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If you are new to buying silver, start with coins. Most people already know what a coin is and that familiarity makes it the easiest way to get into precious metals without feeling overwhelmed. Buying silver coins online in Canada has never been easier and at Gold Silver Mart we make the whole process straightforward from browsing to checkout to your door. Once you get more serious about building your stack you can always graduate to larger silver bars, but coins are where most people begin and honestly there is nothing wrong with staying with coins either.
We carry coins from government mints around the world. The Canadian Silver Maple Leaf, the American Silver Eagle, the Britannia and more. Almost everything we carry is 1 oz which keeps things simple.
One thing people do not always think about when they start buying silver is divisibility. If you buy a 100 oz silver bar and one day you want to sell a little bit, you cannot. You have to sell the whole bar. With 1 oz coins you can sell one at a time, ten at a time, whatever you need. That flexibility is worth a lot more than people realize when they are starting out. Physical silver coins are also HST exempt in Canada as long as they meet the 99.9% purity requirement, which government minted coins do.
Some coins in our collection are produced by a government mint and backed by its issuing country. That is what separates a coin from a round, which comes from a private mint. Both are great ways to hold physical silver bullion but the government backing on coins gives them a level of recognition that makes them easier to buy, sell and trade anywhere in the world.
You can buy a single coin, a tube of 25, or a monster box of 500. The more you buy at once the lower your premium over spot price gets, so if you are planning on building a serious position and you think the silver price looks right today it is worth considering buying a larger amount now rather than trickling in over time. Locking in a lower premium on a big purchase can make a real difference to your overall cost per ounce.
One of the best parts of buying silver coins is just watching the stack grow. It sounds simple but there is something about holding physical silver that no stock or ETF can replicate. Silver has long been considered a hedge against inflation and a way to protect your wealth outside of the traditional financial system. Our customers get it once they start and most of them never stop.
Browse our full silver coin collection above and place your order today. Any questions about which coin is right for you just contact us and we will get back to you right away.