Gold Stackers is proud to announce the release of the Silver Buffalo XAG silver round for 2013. These are one troy ounce silver rounds made from .999 silver.
Designed by Elise Martinson, an acclaimed Melbourne designer with several Perth Mint legal tender bullion issues to her credit, the Silver Buffalo features original artwork inspired by the 1913 Buffalo nickel designed by James Earle Fraser.
Non-encapsulated in tubes, these US-made rounds are sourced from one of the largest private minting facilities in the US. These rounds are struck with a premium mirror finish at bullion pricing.
The reverse features the currency denomination 1.00 XAG, with XAG being the currency code for silver under the ISO 4217 international standard. XAG is not the official currency of any nation, however the precious metals gold (XAU), silver (XAG), platinum (XPT) and palladium (XPD) all feature on this internationally accepted list of currencies.
In conjunction with the XAG currency code, the legend Instrinsic Tender has been selected for the reverse.
This enforces the concept of the fungibility of silver facilitating its use as an acceptable tender for barter situations. These rounds are not coins, and are not legal tender.