Silver Ounce (1 oz), Bullion, Coin Type from United States - detailed information

Like many other mints, the United States Mint issues bullion coins in precious metals, having much higher intrinsic value than their face value. Those in the internationally popular one troy ounce (1oz) silver format are usually denominated as One Dollar ($1).

The coins are legal tender but are not intended for circulation - they are targeted at bullion investors who use them as a store of (intrinsic) value.