- 30 May 2022
- Bonds
- Precious Metals
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Whether you're a fan of Greek mythology or just like the way the Europa and the Bull silver coin looks, you may be wondering if it is the right addition to your investment portfolio. With so many other silver coins to choose from, we understand how difficult it can be to decide what to invest in.
Today, we're going to share more about this silver coin to help answer your questions so you can decide if you'd like to spend your hard-earned money to add it to your investment portfolio or even an IRA.
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Europa and the Bull Silver Coin at a Glance
About the Europa and the Bull Silver Coin
In Greek mythology, Zeus, the ruler of the gods, set his sights on Phoenician Princess Europa. To trick Europa, who as viewed as the most beautiful lady on Earth, Zeus turned himself into a white bull and took Europa to Crete, away from her home in Phoenicia
This famous Greek myth sets the stage for this .999 silver coin from Malta.
Europa and the Bull Silver Coin Design
Let's take a look at the obverse and reverse designs of this unique silver coin.
Obverse
The obverse, or front, of the coin features the crest of the Central Bank of Malta. The 1.50 Euro Cent face value of the coin is also printed on the obverse of the coin.
Reverse
The reverse of the coin features Zeus, disguised as the bull, being ridden by Europa. Despite the strength and power of the bull, Europa appears to remain in complete control of the large beast. A circular border with a wave pattern surrounds the reverse image of the coin.
Europa and the Bull Silver Coin Value
The value of a silver coin, such as this Europa and the Bull coin, will be related to the spot price of silver. However, with its unique design and other factors, such as supply and demand, the actual value of this coin may be higher than its silver content.
This coin has a face value of 1.50 Euros, though it is safe to say that 1 ounce of .999 fine silver is worth considerably more than this. Consult the daily spot price of silver and reach out to a precious metals provider for the most current value.
Adding Europa and the Bull Silver Coins to a Precious Metals IRA
The Europa and the Bull Silver coin is made from 99.9% pure silver. According to the IRS, silver must be at least 99.9% pure to be held in a precious metals IRA, so this coin satisfies that requirement.
A Precious Metals IRA, or Silver IRA, can be a great investment opportunity. With this type of IRA, you're not limited to holding only stocks and bonds in your IRA, but rather you can diversify your investments by adding physical precious metals, like gold and silver, to your account.
If you think you'd like to add the Europa and the Bull Silver coin to an IRA, reach out to your precious metals provider to discuss the necessary steps.
Are Europa and the Bull Silver Coins a Good Investment?
So, is the Europa and the Bull Silver coin a good investment? There certainly are a lot of reasons to consider investing in silver. As a popular precious metal, its value may continue to increase. Additionally, silver is being used in a variety of new technologies, helping to secure its importance in the future.
Deciding what to add to your investment portfolio is a decision that you must make for yourself. Consider your investment goals along with your current situation to decide what is right. You may also want to consider the unique design of this coin and any additional 'value' that adds for you if you are a fan of Greek mythology.
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