What Kind of Products Does SchiffGold Sell?
SchiffGold offers various sizes of gold, silver, platinum, and palladium in bullion coins and bars from both government and private mints.
Government-minted coins tend to be the first choice of gold buyers as they are recognizable worldwide. SchiffGold sells industry-standard American Eagles, Canadian Maple Leafs, Australian Kangaroos, Austrian Philharmonics, and the South African Krugerrands. Although coins are typically more liquid, there is normally a higher premium because they are being produced by a government instead of a private mint. Bars, by contrast, offer lower premiums and come in higher denominations, including 10 ounces, 1 kilo (32.15 ounces), and up. Our bars are minted by the world-renowned Perth Mint in Western Australia.
As gold continues to increase in price, some buyers are also seeking smaller denominations than the 1 ounce bullion coin. These products are known as fractional gold coins. We carry Gold American Eagle and Canadian Maple Leaf coins in 1/2, 1/4, and 1/10 ounce weights. Their appearances are identical to their larger coin siblings, except for the relatively smaller size.
There is a more variety in the silver market. We sell government-minted American Eagles, Canadian Maple Leafs, and Austrian Philharmonics, but also carry privately minted rounds (the government reserves the word “coins” for its own products), as well as 10 ounce, 100 ounce, and 1000 ounce bars. In silver, there is less of a price difference between government and privately minted products. Private rounds and bars carry a lower premium and are popular for bartering.
For the truly cost-conscious, we also offer bags of junk silver. These are previously circulated US dimes, quarters, and half-dollars minted before 1964 – back when each of these US coins contained 90% real silver. The real junk is what’s in your change purse now, but “junk silver” got its name because it’s less-fine alloy of silver than coins minted for storage. You actually get more silver overall for your dollar, but there is less in each particular coin.
Lastly, we sell platinum and palladium 1 ounce American Eagle and Canadian Maple Leaf coins, as well as 1 ounce and 10 ounce bars. These are less common precious metals, but have their own attractive attributes.
The most important decision is not which product you choose but whether you want to preserve your capital from a collapsing US dollar. Any of these metals will help you do so. To find out which is the best choice for you, call one of our Precious Metals Specialists at 1-888-GOLD-160 to start the conversation.