- Contains 1 oz of .999 fine Silver.
- Individual rounds come in protective plastic flips. Multiples of 20 come in plastic tubes and boxes contain multiples of 500.
- The design of these rounds is based on the original coin issued by the U.S. Mint. These rounds carry no actual face value.
- Obverse: Depicts a Native American with the motto ”LIBERTY” on top right.
- Reverse: “Black Diamond,” an American bison (buffalo) atop a mound of dirt. Fraser sketched this design in the New York Central Park Zoo.
Silver Trade Unit Means It is Produced By A Private Mint Company
The definition of a silver trade unit is a term used to identify a silver piece produced by a private mint company, as opposed to being minted by a government entity.
There are innumerous private mints out there today.
Some common ones are Africa Mint, Alaska Mint, Custom Medals and Coins, Evergreen Mint, Nevada Coin Minting, Northern Mint and many others.
Not all coins made by private mints are of supreme quality.
Before you invest in silver coins or bullion through a private mint, make sure they are known for producing high quality, well-defined silver pieces that are at least .999, or 99.9%, fine silver.