Silver rounds are typically minted by private mints. Many of these mints produce certified investment grade silver rounds that are highly coveted by investors and collectors. Silver rounds are unique in design and often commemorate a historical figure or event. Unlike a silver coin, the value of a silver round is closely determined by the silver bullion market price. What this means is the silver round is a more cost effective way to buy silver bullion. Silver rounds are great for commercial storage, the Precious Metals IRA, or your own private safe.