Top 10 Best Silver Coins to Buy | 2024 Edition
Finding the best silver coins to buy can be tricky, especially for new investors. Hero Bullion researched hundreds of silver coins around the world to bring readers a curated list of the top coins on the market in 2024.
To seasoned silver stackers, many of the coins on this list should be familiar. These are some of the most popular and recognizable silver coins on the planet. Silver coins like the American Silver Eagle will probably never go out of style, so investors enjoy a tight buy-sell spread when putting their money on the world’s top silver coins.
After checking up on coins from mints across the planet, here are our picks for the best 10 silver coins of 2024:
- American Silver Eagles
- Canadian Silver Maples
- British Silver Britannias
- Austrian Silver Philharmonics
- Australian Silver Kangaroos
- Mexican Silver Libertads
- 2023 Morgan and Peace Silver Dollar Sets
- Australian Silver Kookaburras
- British Silver Tudor Beasts
How did our editors decide on these coins? Read on to find out why these coins made the list as the best ten silver coins investors can buy this year.
Is Silver a Good Investment in 2024?
2024 is set to be a fantastic year for silver stackers. Lingering geopolitical stressors and a growing inflation problem in the U.S. signal that precious metals like silver might make significant gains this year.
Investors have already seen gold break past its $2,100 barrier, hitting a new all time high on March 4th. Silver saw price spikes in both January and February following worrying inflation numbers released alongside the year’s first jobs report.
It’s impossible to predict with certainty whether silver will turn out to be a good investment at the end of the year. The available evidence and expert advice suggests that silver’s primed for a breakout year, however.
Should Investors Buy Silver Coins or Bars?
Choosing between silver coins and bars is a question that all new silver stackers consider at one point or another. Silver bars are the cheaper method of buying silver. Compared to coins, silver bars are sold at very low premiums over spot price.
However, the best silver coins offer investors an entirely different type of asset. By investing in silver bullion coins, investors can capitalize on their collectability, numismatic value, and natural beauty.
Silver bars may be the cheapest way to invest in silver, but coins are popular for a reason. Popular silver coins merge artistic beauty with pure silver to give investors an experience completely unlike anything else.
Ranking the Top 10 Silver Coins to Buy
To help investors better decide which coins to add to their stacks in 2024, Hero Bullion has prepared a list of the top 10 best silver coins to buy this year.
Many of these choices are the “usual suspects,” coins that are almost always toward the top of any ranked list of the top silver coins to buy. There’s a couple of surprising additions this year, though. Of particular note is the Morgan and Peace Silver Dollar Set, which premiered in 2023 and brings the United States’ most popular silver dollars into the modern era.
We recommend that investors strongly consider the coins on this list. Before we get into Hero Bullion’s favorite silver coins, we should take a moment to talk about how we made our decisions for the list.
How We Ranked the Best Silver Coins For Investing
When investors compare silver coins, they should consider three main things: beauty, recognizability, and numismatic appreciation. Normally, we’d consider precious metal purity when discussing bullion coins. Since the vast majority of silver coins contain either .999 or .9999 fine silver, we didn’t take purity into account for today’s list.
Let’s take a look at how we ranked the top 10 silver coins to buy in 2024:
- Beauty. A coin’s beauty is generally a decent indicator of its potential popularity and liquidity. Beautiful silver coins are easier to resell, which makes them a fantastic choice for investors who want to liquidate their stack without searching around for a buyer.
- Recognizability. Recognizability also gives investors a clue into how popular a given coin is. Buying uncommon, rare coins isn’t a bad idea. But collectors who want to ensure that their coin will be easy to sell down the line should tend toward recognizable, classic silver coins.
- Numismatic Appreciation. When a coin is rare, popular, or especially beautiful, it can increase in value over time – even when the value of silver decreases. We call this numismatic appreciation, and it’s an extremely important element of evaluating a silver coin.
Of course, more than these three factors went into Hero Bullion’s list of the top 10 silver coins to buy. But for new investors who are trying to understand why some silver coins are a better investment than others, these considerations can be a great foundation to build on.
Our Picks: Best Silver Coins to Buy for 2024
The best silver coins for investors to buy for 2024 include:
- American Silver Eagles
- Canadian Silver Maples
- British Silver Britannias
- Austrian Silver Philharmonics
- Australian Silver Kangaroos
- Mexican Silver Libertads
- 2023 Morgan and Peace Silver Dollar Sets
- Australian Silver Kookaburras
- British Silver Tudor Beasts
Each of these coins offers investors everything we love to see in bullion. By investing in some of the most popular coins this year, collectors can build their silver stacks with pieces that merge beauty with pure silver to create an unforgettable collectible.
Below, readers will find a brief description of what we like (and dislike) about each of the year’s best silver coins.
American Silver Eagle Coin
The American Silver Eagle coin is an easy pick for one of the best silver coins to buy. The 2024 edition of the Silver Eagle brings the classic American coin into the modern era. Its obverse and reverse designs remind investors of everything there is to love about American culture and history.
Minted with .999 fine silver bullion since 1986, the coin’s obverse features Walking Liberty. She carries a bundle of branches and is draped in an American flag as she walks toward a rising sun. We love the classic American imagery, and the 2024 American Silver Eagle brings a new level of detail and sleekness to the design.
The reverse of the 2024 Silver Eagle is an action image of the American Bald Eagle, another classic symbol associated with the U.S. The beast carries an olive branch as it flies through the air.
American Silver Eagles are highly recognizable, resulting in a tight buy-sell spread. They’re often sold at inflating premiums, but investors can expect to recoup this cost when they resell their coins.
Canadian Silver Maple Leaf Coin
To the North, the Royal Canadian Mint continues to innovate the silver sector with their latest offering – the 2024 Canadian Silver Maple Leaf Coin.
Each year, the maple leaf on the reverse side of this coin seems to get even more detail. In 2024, the design is set against a textured background, allowing the intricacy of the leaf’s design to pop in a way we seldom see.
2024 also marks the first year that King Charles III will be featured on the storied Canadian silver coin series. He replaces Queen Elizabeth and should become a fixture of the collection moving forward.
The coin is instantly recognizable; no seasoned silver stacker could possibly be unfamiliar with the undeniably classic Canadian Silver Maple.
Some investors don’t love the design; it seems rather basic compared to the other complex silver coins on our list. However, there’s a reason the Canadian Silver Maple Leaf is consistently considered one of the best silver coins to buy!
British Silver Britannia Coin
The British Silver Britannia is another shoe-in for inclusion on any list of the best silver coins to buy. The coin’s obverse depicts the current monarch of Great Britain. As of 2024, this is King Charles III, who took the throne after the death of Queen Elizabeth II.
Britannia’s real selling point is its reverse-side artwork. The Royal Mint brings to life Britannia, the feminine personification of the British Empire. She carries a trident and the shield of Great Britain while standing on a rocky cliff.
From state-of-the-art security features to an unprecedented reputation among stackers, it’s clear that the British Silver Britannia remains one of the best silver coins to buy.
Austrian Silver Philharmonic Coin
Although it certainly has a reputation of its own, the Austrian Silver Philharmonic may be unfamiliar to new silver stackers.
The coin pays homage to the musical heritage of Vienna, where the Austrian Mint is located. The obverse of this 99.9% pure coin features the Musikverein on its obverse. The Musikverein is Vienna’s music hall, which has played host to some of the most talented orchestra conductors and composers in history.
Flipping the coin over, investors will find eight orchestra instruments.
The Silver Philharmonic’s reputation, unique designs, and cultural imagery help to make it one of the top silver coins for investors in 2024.
Australian Silver Kangaroo Coin
While the Gold Kangaroo is probably the more popular Australian bullion coin, don’t discount the silver variation’s place as an extremely valuable investment.
This coin is rather new, having been first released in 2015. Still, it takes its cues from the Gold Kangaroo coin that came before it. On the obverse, collectors will find Britain’s current monarch. Remember, new coins in the series will now feature King Charles III instead of Queen Elizabeth II.
The reverse is where the Silver Kangaroo gets its name. On it, investors will note Australia’s most famous creature: the Red Kangaroo.
A starburst design encircles the animal, which jumps through the air. Kangaroos are instantly recognizable, and these coins are generally very easy to resell. After all, who doesn’t love an adorable kangaroo struck against high purity silver?
Mexican Silver Libertad Coin
Returning to North America, we find another contender for the best silver coin to buy in 2024: the Mexican Silver Libertad. For now, the Mexican Mint hasn’t released the new 2024 Mexican Silver Libertad.
However, it was an easy call to include the Libertad in our list of the best silver coins to buy. The coin’s obverse features the Mexican coat of arms surrounded by all of the different national coat of arms that came before it historically.
On the reverse, we find Libertad, the Angel of Independence, immortalized as a statue in front of a Mexican volcano.
The coin’s cultural significance, high silver purity, and exceptional recognizability make it one of the best silver coins money can buy.
2023 Morgan and Peace Silver Dollar Coin Set
The 2023 Morgan and Peace Silver Dollar Set is a new addition to our list. That’s because this coin is a one time release from the United States Mint. This set of two coins brings the classic Morgan and Peace designs into the modern era.
Each coin is minted with 99.9% pure silver, which is significantly finer than the silver used to make the original Morgan and Peace Dollars.
While these coin sets are sold at a considerable premium over spot price, they do also come in an independently certified case, which attests to their authenticity and grade. We do not anticipate that this series will be minted again in the future, which makes the Morgan and Peace Silver Dollar set a potential big winner for investors banking on numismatic value appreciation.
Australian Silver Kookaburra Coin
The Silver Kookaburra is the second Australian coin to make our curated list of the best silver coins to buy in 2024.
Part of what makes the Australian Silver Kookaburra such an excellent silver coin is its rotating designs. Unlike the Kangaroo, Silver Kookaburra Coins actually change designs from year to year. No two editions of the coin are alike, which makes each one a new collectible for investors.
Coins from earlier years tend to appreciate considerably in value, which is great for investors who want to hold onto their coins until their numismatic value outpaces silver’s spot price.
British Silver Tudor Beasts Coins
The final coin on our list of the best silver coins to buy in 2024 isn’t a coin at all – it’s a series. Produced by the ancient British Royal Mint, the British Silver Tudor Beasts Series is an ongoing collection meant to commemorate the royal lineage of one of England’s most powerful families.
The series is still relatively new. This gives new investors a chance to catch up before it officially concludes. In 2024, the Royal Mint released the latest release, the Seymour Unicorn. The coin’s brilliant reverse-side artwork shows a bucking unicorn holding a six-quartered shield.
Interestingly, the obverse of this series shifted halfway through. Because King Charles III is now Britain’s monarch, his portrait will appear on all future releases from the Royal Mint.
Regardless of the monarch on the obverse, the series is sure to be a hit among collectors. It is preceded by the Royal Beasts Series, which became a massive success before its conclusion in 2021. Investors looking for a new series to collect should consider the Silver Tudor Beasts, an instant classic from the historic British Royal Mint.
Final Thoughts: Top 10 Silver Coins to Buy
With 2024 primed to be a great year for silver, investors need to think carefully about which coins they put their money into.
Many of our picks for the best coins to buy in 2024 are frequent flyers – coins that make ranked lists nearly every year. Still, there are a few surprising hits out there if investors know where to look.
Hero Bullion offers competitive pricing on all silver coins, rounds, and bars. Let us be your bullion hero!
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About The Author
Michael Roets
Michael Roets is a writer and journalist for Hero Bullion. His work explores precious metals news, guides, and commentary.