Silver Ounce Scottsdale Omnia, Coin from United States - detailed information

In the United States, a significant number of private mints produce bullion which is not legal tender and is targeted at investors and not at coin collectors - such as this one.

The Omnia is a 1-oz silver bullion round with the Scottsdale Mint lion on the front. It was issued in 2017.

The mint says about it:
Spanish minted cob coins were widely circulated throughout the 16th-18th centuries and are remembered for their crude, hand-struck and hand-trimmed production style. They were the original gold and silver rounds and were referred to by many (most famously pirates) as pieces of eight” or “doubloons”. The Omnia 1-oz silver bullion round is our tribute to the classic design.