These are 1oz Silver Trade Units (aka: Silver Rounds) from the U.S. Assay Office. Each Silver trade unit contains 1oz of .999 pure Silver. Standard U.S. Assay Silver Rounds are a good quality round, with high demand, that have traded consistently for years. Assay Rounds are popular among investors. They are valued for their Silver content and are a wonderfully affordable way to add physical Silver to your portfolio at a very low premium.