Coin bars are special silver bars that have the status of legal tender. As a result, coin bars can be traded just like the silver coins under the margin scheme. Coin bars are a suitable alternative to silver bars and are especially popular within Europe as an alternative to common silver coins such as the Maple Leaf and the Philharmoniker.
The most common coin bars are the Andorra Coin bars that are minted by Umicore and the Cook Islands coin bars. Both coin bars carry legal tender status and are available in different sizes.