Produced by private mints and refineries, silver bullion rounds are commonly available in one-ounce denominations. While the standard purity is .999 fine silver, variations exist. Unlike government-issued coins, rounds lack legal tender status and typically offer lower premiums.

Silver rounds boast a diverse range of designs, often featuring historical figures, commemorative events, or religious themes. Some rounds even replicate classic coin designs. Common design elements include the silver weight, purity, and the issuing mint's identification.