Silver Bullion Information

silver nugget before it is made into silver bullion

The term “bullion” is derived from the old French word bouillon meaning ‘boiling’ or ‘melting.’ When silver nuggets are mined in their raw, natural form, they are mixed with several other elements and impurities, which must be removed. Through the refining process of melting (or boiling) silver into a hot liquid form, smelters are able to remove these impurities until the silver is 99.9% pure. At this point, the more pure form of silver is poured into molds where it cools into a hardened, pure silver state.

What is Silver Bullion?

Essentially, silver bullion is silver in it’s purest form, after it has been refined. It’s a common term that refers to tangible silver assets, such as coins, bars and ingots.


 

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