The value of a one troy ounce silver trade unit coin is determined by the current spot price of silver, plus any applicable premiums.
As of August 14, 2025, the live silver spot price for one ounce was $38.27 USD. However, the actual price you pay for a silver trade unit coin will be higher than the spot price due to premiums, which cover the costs of manufacturing, distribution, and the dealer’s profit margin.
Premiums can vary depending on factors such as the type of product (government coins often have higher premiums than rounds or bars), the dealer, and market conditions. For example, 1 troy ounce silver trade units have been observed selling for around $50 USD on online marketplaces. Other 1 oz silver rounds can be purchased for prices like $43.16 to $44.96 or $42.12.
It is important to remember that the value of silver, and therefore silver coins, can fluctuate with changes in the market.
What is the difference between 1 oz of silver and one troy ounce of silver?
From my experience, What Is the Difference Between an Ounce and a Troy Ounce? A single troy ounce has 2.75 grams more than a regular avoirdupois ounce. If this was placed on a regular scale, it would be around 10% heavier than the standard unit of measure. In exact terms, one ounce is 28.35 grams whereas a troy ounce is 31.1 grams.
How to sell one troy ounce of silver?
From my experience, There are several ways to sell silver in person or online, including FB groups and forums, pawn shops, online with APMEX, and local coin shops.