Silver Rush: Commemorative Coins Sell Out in Record Time

On the morning of August 3, 2025, Phu Quy Group, a renowned precious metals and jewelry company, officially started taking pre-orders for a limited-edition silver bar commemorating the 80th National Day of Vietnam.

This exclusive silver bar weighs 5 taels (187.5 grams) and is crafted from 999 fine silver. It features an intricate design showcasing the official emblem of the 80th National Day of the Socialist Republic of Vietnam, as per the decision number 2305/QD-BVHTTDL dated July 2, 2027, by the Ministry of Culture, Sports, and Tourism. The emblem is beautifully accentuated on a backdrop inspired by the 10-ray sun from the Hanoi Drum, symbolizing the rich cultural heritage of Vietnam.

The product is priced at the same rate as Phu Quy’s 5-tael silver bullion for storage purposes, excluding craftsmanship and packaging costs. As of the morning of August 3, each bar was priced at approximately 7.3 million VND.

Customers could pre-order through two channels: by visiting their stores in person or via their online platform. All customers were required to place their orders and make payments in advance, with deliveries starting from August 20. A maximum of three bars could be purchased per customer.

Phu Quy witnessed an overwhelming response, with long queues forming at their stores and their online ordering system experiencing a surge in traffic, resulting in delayed responses to customers.

By the end of the day, Phu Quy officially announced that they had sold out of the limited-edition silver bars. In a conversation with their representative, it was confirmed that all 9,999 bars were sold within nearly eight hours of the launch. With Phu Quy’s inventory exhausted, those interested in purchasing the commemorative silver bars would now have to connect with authorized dealers or explore the secondary market.

This enthusiastic response from Vietnamese buyers, resulting in the sale of approximately 1.8 tons of silver within eight hours, underscores the growing popularity of silver investing and collecting in the country.

Phu Quy had previously released another limited-edition silver bar to commemorate the 50th anniversary of the liberation of the South and the reunification of Vietnam, which was also well-received by collectors and investors.

According to veteran silver enthusiasts in Vietnam, the swift sale of the 9,999 silver bars commemorating the National Day indicates a surging interest in silver investing and collecting. It also highlights the growing appeal of limited-edition commemorative silver bars as a means of diversifying investments.

“Vietnam’s silver bar market, though nascent, is experiencing robust growth,” remarked the admin of a silver enthusiasts’ group with over 100,000 members. “In addition to regular bullion, manufacturers are introducing limited-edition bars to commemorate special occasions, successfully stimulating investment demand, as evidenced by the enthusiastic response from local investors.”

The strong price performance of silver bars since the beginning of the year has also contributed to their appeal, especially among young investors who may not have the financial means to enter more capital-intensive markets like gold or real estate.

Over the past 12 months, domestic silver prices have risen by 41%. Despite a recent correction in late July, many remain optimistic about silver’s prospects in the near future.