Set
Category:
World Coins
Set Name:
THE GLOBAL SILVER COIN COLLECTION
Set Description:
CRITERIA FOR INCLUSION IN THE GLOBAL SILVER COIN COLLECTION
For a coin to be included in this set it must meet 5 criteria: (1.) have a composition of at least 40% silver, (2.) be NGC graded, (3.) have good eye appeal or significant history, (4.) slabbed in an "EdgeView" holder and (5.) it must be a country's legal tender or exonumia minted by a country's official or authorized mint.
Currently this custom registry set contains 233 silver coins from 57 different countries around the globe that were minted with .400 to .9999 silver and range in date from 1621 to 2015. All coins are NGC graded and are slabbed exclusively in "EdgeView" holders with a grading range of VG 10 to MS/PF 70. Most of the coins included in this set are rare and have very low NGC populations. Many are the finest NGC graded examples and a few are the only known NGC graded examples. Each coin has an obverse and reverse photo and is described in full detail including NGC population in the "owners comment" section, so please view the collections gallery or slide show (tabs for both are located at the top of this set listing).
HISTORY OF SILVER
Silver has been used for thousands of years for coins, ornaments, utensils, trade and as the basis for many monetary systems. Its value as a precious metal was long considered second only to gold. The word "silver" appears in Anglo-Saxon in various spellings, such as seolfor and siolfor. A similar form is seen throughout the Germanic languages. The chemical symbol Ag is from the Latin word for "silver", argentum, from the Indo-European root *arg-, meaning "white" or "shining". Silver has been known since ancient times and it is mentioned in the Book of Genesis. In the Gospels, Jesus' disciple Judas Iscariot is infamous for having taken a bribe of 30 coins of silver from religious leaders in Jerusalem to turn Jesus of Nazareth over to soldiers of the High Priest Caiaphas. Slag heaps found in Asia Minor and on the islands of the Aegean Sea indicate silver was being separated from lead as early as the 4th millennium BC using surface mining. The stability of the Roman currency relied to a high degree on the supply of silver bullion, which Roman miners produced on a scale unparalleled before the discovery of the New World. Reaching a peak production of 200 tons per year, an estimated silver stock of 10,000 tons circulated in the Roman economy in the middle of the second century AD, five to ten times larger than the combined amount of silver available to medieval Europe and the Caliphate around 800 AD. Financial officials of the Roman Empire worried about the loss of silver to pay for highly demanded silk from Sinica (China). The Chinese Empire during most of its history primarily used silver as a means of exchange. In the 19th century, the threat to the balance of payments of the United Kingdom from Chinese merchants demanding payment in silver in exchange for tea, silk, and porcelain led to the Opium War because Britain had to find a way to address the imbalance in payments, and they decided to do so by selling opium produced in their colony of British India to China.
Silver has been used for coinage instead of other materials for 6 main reasons:
-it is long lasting and durable
-it has a shiny white luster
-it has a high value to weight ratio
-it has a certain weight that is fungible
-it has a stable and an intrinsic value
-it is an ever rare precious metal
SILVER IN MODERN COINAGE
In modern times with the reduced or even non-existent link between the value of the currency and the value of precious metals, silver gradually has ceased to be used in the manufacture of ordinary circulating coins (most countries across the globe stopped issuing silver coins for circulation in the 1960s or 70s). For this reason, silver coins are now mainly either special commemorative coins minted for sale to coin collectors or bullion coins primarily sold to investors that, although are legal tender, are not expected to circulate. As with all collectible coins, many factors determine the value of a silver coin, such as its rarity, demand, condition or grade and the number originally minted. Other than collector's, silver coins and silver bullion coins are popular among people who desire a "hedge" against currency inflation.
The current global silver bullion coins are (ordered by their year of introduction):
-1982 Mexican Silver Libertad*
-1983 Chinese Silver Panda*
-1986 American Silver Eagle*
-1988 Canadian Silver Maple Leaf*
-1990 Australian Silver Kookaburra*
-1993 Australian Silver Kangaroo*
-1997 British Silver Britannia*
-1999 Australian Silver Lunar Series*
-1999 Zambia Silver Elephant
-2004 New Zealand Kiwi
-2004 Somalian Silver Elephant*
-2007 Australian Silver Koala*
-2008 Andorran Silver Dinar
-2008 Austrian Silver Vienna Philharmonic*
-2008 Rwandan Silver African Ounce*
-2009 Cook Islands Silver Bounty
-2009 Kazakhstan Silver Snow Leopard
-2009 Russian Silver George the Victorious
-2010 Fijian Silver Taku*
-2010 Malawi Springbock
-2012 Armenian Silver Noah's Ark*
-2012 Tokelauan Silver Lunar Series*
-2013 Suriname Silver Map
-2014 Benin Silver Elephant
-2014 Burkina Faso Silver Poseidon
-2014 Niue Silver Turtle
(*indicates inclusion in this collection)
COUNTRIES WITH COINAGE IN THIS COLLECTION
My passion for world coins started when I was a child in the 1970's & 80's. My father was in the US Navy and he'd be deployed for six months at a time all over the world, upon returning he'd always have a pile of coinage from all of his destinations. The diverse, foreign and exotic designs always amazed and intrigued me as they continue to do so today. It is just as exciting for me to update my set with a silver coin from a new country as it was for me to receive coinage from my father when he'd return from his travels!
My decision to focus solely on silver wold coins is due to one simple fact: silver coins have not only numismatic value but an intrinsic value as well.
The coins in this collection are listed alphabetically by country, year and denomination. The silver markers on the global map below represent each country that is included.
Set Goals:
To compile the finest and most comprehensive representation of global NGC graded silver coins from as many countries across the globe as possible. Ultimately I would like the collection to contain an example of all silver bullion coins and to have a silver coin from every country that has minted one.
Owner:
DCZAN SILVER COINS
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