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13 MIN READ TIME

BIG MONEY IN SILVER COINS A HEAD?

BY STEVE VOYNICK
Pouring doré into bars at a Nevada gold mine; doré is a gold-silver mix, the proportions of which refl ect the metal values in the ore.
NEWTON MINING

An observer of the precious-metal markets once commented that silver has its bright, white luster so that it can fi nd its way in the shadow of gold—alluding, of course, to the fact that gold is a tough act for any metal to follow.

While silver lacks the nobility of gold, it nevertheless has always had a well-defi ned place in the hierarchy of monetary and coinage metals. Initially, silver fi lled the critical niche between gold coins, once affordable only to governments and the wealthy, and copper and bronze coins, which had limited acceptance.

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