Beautiful mirrored finish silver medallions in .999 fine silver WITH FINE 999 CERTIFICATE OF AUTHENTICITY!!! Consist of 1oz (31.1g) of .999 fine silver minted into a thick medallion/coin. Approx 32mm diameter x 4mm thickness. Makes an ideal gift - In days gone by, silver was given as a birthday, christening, engagement, wedding or anniversary gift.
Produced in South Africa from South African new and recycled silver. The .999 fine designation indicates the purity of silver as 99.9% or better.
Please check "Shipping & Payment" tab for shipping options.
Items can be combined from different auctions at highest cost to save on postage. If you would like to take advantage of this, just keep bidding.
Insurance, if selected, will be charged on additional items.
Payment is expected within 3 days after all your bids on our items have closed. If full payment is not made within 5 working days AND there has been no reasonable explanation given, a negative rating may be given.
Once payment has completed, your order is locked and you cannot combine additional items.
Parcels will be dispatched within 3 working days AFTER payment has been received.
Collections can be arranged in Port Elizabeth, waiving the postage.
Silver in this form has an advantage in that it is easily identifiable as silver in a highly purified form. The manufacturer, purity and weight are stamped on the medallion so, just like a coin, this form of silver is readily identifiable, saleable, and therefore in demand from investors.
It is now perfectly legal to own silver in this form in South Africa as as silver has been deregulated to conform with international practices. Silver is no longer designated a precious metal under South African law, and is therefore not subject to the restrictions that apply to metals such as gold, platinum and palladium. Silver is still however considered a precious metal as it is rare, and in demand as an investment or inflation hedge. Silver can also be considered a monetary asset, a store of value (a hedge against inflation), a fungible commodity and displays counter-cyclical behavior (zero correlation to the stock market and negative correlation to many financial instruments including the US dollar). In addition to it's investment attributes, it also has many industrial usages.
FAQ
How do I know this is .999 Fine Silver?
We have our reputation to protect. We therefore only source our silver from reputable suppliers that we can trust. This is why we give a money back guarantee. If a buyer were to find they had received inferior quality silver or a substitute, a negative rating would severely effect our business. If you are happy with us, please take the time to leave some positive feedback to help future buyers.
How can I test silver myself?
There are a number of tests you can do depending on the form and what's at hand:
Pass a magnet over the silver. It should not be attracted to the magnet.
File a small V in your silver. It should be shiny inside too, else it could be plated.
Flatten a small piece with a hammer. Silver is quite soft and malleable.
Use an Ohm-meter. Silver is highly conductive.
Silver melts at a lower temperature than Cupronickel.
Pure silver is very shiny (unless tarnished).
A silver test solution can differentiate between silver, gold and copper alloys. Contact us to put this on auction.
- Feel and intuition. If you handle silver a lot, you will intuitively learn it's density, the sound it makes when dropped, and it's heat conductivity. Walk around with a silver coin in your pocket for a month.
Can you supply bars in gold, silver or palladium?
Absolutely. If you're interested, please contact us to put some up for auction. Precious metal bars are now also legal to own in South Africa. For many years this was not the case.
