Fractional weight precious metal bullion, specifically those containing one-half of a troy ounce of fine silver, represent a tangible asset class. These items are often produced by government mints or private refiners and are available in a variety of designs and finishes. A common example is a round or coin explicitly marked with its weight and silver purity (e.g., “.999 fine silver”).
The appeal of these smaller denominations lies in their affordability and accessibility, particularly for individuals beginning to invest in precious metals or those seeking a more liquid asset. Historically, silver has served as a hedge against inflation and economic uncertainty, and possessing smaller, easily divisible quantities can facilitate easier transactions and increased flexibility in investment strategies. Their portability also contributes to their desirability.