SILVER COINS AS AN INVESTMENT TOOL

The relevance of this article is explained by the onset of the global financial crisis caused by the COVID-19 epidemic, when professional investors and ordinary citizens again faced the question of preserving the available capital. It is part of a large research project on various investment tools. The object of research is modern investment instruments, the subject of research is investment silver coins. The authors conduct a SWOT analysis of investing in silver coins. The relative cheapness and high availability of silver in comparison to gold are recognized as strengths. Silver is more available as an investment tool for the middle class. The authors also draw attention to the fact that the market for silver coins is much more diverse than gold and there is a wider selection of coins for the investor to invest in. Among the weaknesses, the authors name a large spread in buying and selling, problems arising with the storage and transportation of silver coins, the dependence of this metal on the macroeconomic situation. The authors point to such risks of investing in silver coins as the likelihood of acquiring a counterfeit in the precious metals market even from trusted dealers, a drop in the value of the metal during periods of increased volatility, the risk in the choice of coins, because it is much more difficult to choose silver coins for investment than gold ones. The authors pay great attention to the opportunities offered by investing in silver coins: a reduction in the price ratio between the main precious metals, a gradual economic recovery after the COVID-19 pandemic, the emergence of drivers for the growth of the price of silver in the short term. The main scientific value of the article is that it discusses various coins suitable for investment, determines the most favorable periods for opening positions, and suggests investment strategies.

precious metals, silver, gold, investments, investment coins, investment portfolio, investment strategy, COVID-19, oz, solar technology, 5G, dealers.

Orishev A. B., Britik E. V. Silver coins as an investment tool. Business. Education. Law, 2021, no. 2, pp. 26—29. DOI: 10.25683/VOLBI.2021.55.203.