If a 1 oz coin is not made by a national mint, then it is typically referred to as a generic silver coin or round. These 1 oz coins are comparable to silver maples, eagles, etc., but they are made by private refineries instead. These 1 oz coins typically have very competitive prices over spot, and yet are valued for their small size and easy tradability.
Buffalo rounds are quickly becoming one of the most popular and well-liked design amongst privately-minted rounds. As a replica of the old war nickel, the buffalo design with an Indian head on one side and a buffalo design on the other side is now produced by a variant of major US refineries. While each refinery has their own slightly unique design, the Buffalo round has quickly gained a name as one of America’s favorite silver rounds.