As one of Canada's largest holders of gold, silver, and platinum bullion, our company's mission is to make precious metals ownership open to everyone. It doesn’t matter what age you are or how much investment experience you have, we can help you set up a precious metals portfolio.
Silver's growing industrial demand sets it apart from other precious metals. Every year, new uses for silver's unique chemical properties are discovered, ranging from biotech to electronics. Because there isn't enough silver to meet growing demands, many investors feel that silver is a good choice for their portfolio.
Historically, 12 ounces of silver equal 1 ounce of gold, a 12:1 ratio that dates back centuries. The current ratio of 75:1 indicates that silver is vastly undervalued. Many analysts and experts believe silver should be trading at several times its current price.
When you deal with Sprott Money, you will receive the highest level of service and the finest products available. We are happy to assist you in any way we can.
When measured in terms of price per ounce, silver bars typically offer the best value for silver investors. That means you’ll get significantly more silver for your investment dollar. One of the reasons silver bars are less expensive per ounce than coins or rounds is that they cost less to make.
Silver bars also come in much larger sizes than most coins or rounds, which is another factor that contributes to them costing less per ounce. Silver bars range in size from just 1 gram to 1000+ troy ounces.
Government mints produce silver coins that have a face value and can be used as legal tender. However, because these silver coins cost more to produce than silver bars, they are more expensive to buy.
Though silver coins are more costly per ounce than silver bars, they provide additional security and the assurance that they were produced by a government mint. A lot of new investors like to start with silver coins as they love the way they look and enjoy the confidence that comes with purchasing a government-minted item.
Silver rounds are privately minted and, when viewed as a bullion item, are very similar to silver bars. The main distinction between bars and rounds is that rounds can carry some very distinctive and unusual designs. This is because private mints have greater creative freedom when it comes to choosing the subject matter for their rounds, and many are quite inventive.
Opening a secure online account with Sprott Money allows you to buy silver bars, buy silver bullion, and buy silver coins online at any time.
The spot price of silver is used to determine the retail price of silver bullion. We base our prices on the silver spot price, utilizing the most current and accurate data feed available. The current silver price is displayed at the top of each page on our website. This display is "real-time" and constantly updated.
When you use our website, you can place an order online 24 hours a day, seven days a week which allows you to take advantage of price fluctuations.
At Sprott Money, we offer top-quality products and low-risk storage both nationally and internationally.
When you store your precious metals with us, we guarantee that your gold, silver, and platinum will be stored in a vault securely and privately, with very little risk.
As a leading gold, silver, and platinum dealer, you can be confident of our exceptional products and services. Our high-quality bullion products are competitively priced and delivered in a timely, discreet fashion.