Ten-Ounce Silver Bullion Coins

by blackspanielgallery

Ten-ounce silver bullion coins are becoming more available, with an increasing variety. There must be a reason mints like the Royal Mint and the Royal Canadian Mint produce them.

The ten-ounce silver bullion coins are becoming more plentiful. With the proliferation of silver bullion coins from many major mints worldwide. It should be no surprise that large, ten-ounce silver bullion coins are being released. Thus far only a few mints have produced ten-ounce fine silver coins to meet the demands of those wishing to purchase affordable silver.

There is an overhead in designing any coin, but if a smaller coin has been designed the use of the same design can reduce the costs. Also, there is a cost in striking any coin, but striking a ten-ounce coin should be cheaper to produce per ounce than smaller coins.

Why Not Make Even Larger Coins?

Coins must appeal to a market.  Whether a coin is bought by someone purchasing bullion for its metal value, or by a numismatist, it must be stored safely.  It must fit in a bank safety deposit box, or into a home safe.  Larger coins can limit the number of potential customers.

The Advantage of Large Coins

Large coins, in addition to being economical, have larger surfaces, so one can see the beauty of the coin’s design better. 

Ten-Ounce Silver Bullion Coins of the Royal Mint

The Royal Mint has issued three ten-ounce silver bullion coins in 2019.  The third and fourth ten-ounce coins for the Queen’s Beasts series are the Black Bull of Clarence and the Unicorn of Scotland. 

 

In addition, the Valiant, a silver bullion coin that first appeared in 2018, has an updated version for 2019.  It depicts Saint George slaying the dragon.

 

With three ten-ounce silver bullion coins this year the Royal Mint has stepped out to the forefront in minting large silver bullion coins.

 

The Royal Mint has a website for bullion at Royalmintbullion.com.

Ten-Ounce Unicorn of Scotland Coin

Ten-Ounce Black Bull of Clarence Coin

Ten-Ounce Valiant Coin

Ten-Ounce Silver Bullion Coins from Australia

The Perth Mint Bullion

The Perth Mint in Australia mints two ten-ounce silver bullion coins for Australia.  One is the Pig, the current coin in its second lunar coin series.  The other is the ten-ounce Kookaburra, an extremely popular silver bullion series.

Ten-Ounce Pig Coin

Lunar Series Two

Ten-Ounce Kookaburra Coin

Ten-Ounce Silver Bullion Coin from Canada

The Royal Canadian Mint

The Royal Canadian Mint has a new silver bullion coin, the ten-ounce Magnificent Maple Leaves.  This coin features a pair of maple leaves on a single twig.  The coin is spectacular, as are many Canadian bullion coins.

Ten-Ounce Magnificent Maple Leaves Coin

The Ten-Ounce Noah’s Ark Solver Bullion Coin

Armenian Coin

Armenia has a bullion design showing Noah’s Ark, with a wide range of sizes, including the large, ten-ounce coin.

 

The Armenian Noah’s Ark coin uses the same design year after year. 

Ten-Ounce Naoh's Ark Coin

The Ten-Ounce Somalia Elephant Silver Bullion Coin

The bullion coin for Somalia is the Elephant, a coin that changes design annually.  This coin comes in a variety of sizes, including the ten-ounce coin.

Ten-Ounce Somalia Elephant Coin

Missing Mint

Notice that the United states Mint does not currently have a ten-ounce silver bullion coin.  This is a disappointment.  

Protect Your Investment

A properly sized capsule can offer a coin both physical protection and environmental protection.  It is a worthwhile addition. If the coin does not come in a capsule from the mint.  If the coin is in a capsule, it is wise to not open the capsule unnecessarily.

The introductory image is our own. 

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Updated: 06/18/2019, blackspanielgallery
 
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blackspanielgallery on 06/18/2019

Currently, the United states Mint produces five 5-oz coins per year, the America the Beautiful quarters. That program will run out next year with six quarters. The total will be 56, one for each state and one for each territory. The other silver bullion coin is the one-ounce American Eagle. There is no indication of a 10-ounce silver bullion coin forthcoming.

DerdriuMarriner on 06/18/2019

blackspanielgallery, Thank you for the practicalities and products. Does it look like the United States might start minting a 10-ounce silver bullion coin in the near future? Is there any indication as to why the United States has not done so thus far? You mention that "striking a ten-ounce coin should be cheaper to produce per ounce than smaller coins." Would the United States prefer to stay away from small-coin and 10-ounce minting?

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