Note 2 - Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2024

Notes Tables

Activity in Silver Bullion [Table Text Block]

Three Months Ended March 31, 2024	Ounces			Cost			Fair Value			Realized Gain (Loss)
Beginning balance		436,892,231		$	9,616,427,847		$	10,393,666,180		$	—
Silver bullion contributed		55,670,911			1,314,477,812			1,314,477,812			—
Silver bullion distributed		(61,208,264	)		(1,350,281,409	)		(1,432,431,212	)		82,149,803
Silver bullion sold to pay expenses		(547,987	)		(12,076,106	)		(12,670,512	)		594,406
Net realized gain		—			—			82,744,209			—
Net change in unrealized appreciation/depreciation		—			—			226,214,620			—
Ending balance		430,806,891		$	9,568,548,144		$	10,572,001,097		$	82,744,209

Three Months Ended March 31, 2023	Ounces			Cost			Fair Value			Realized Gain (Loss)
Beginning balance		466,265,146		$	10,025,562,224		$	11,164,718,926		$	—
Silver bullion contributed		57,061,861			1,316,358,763			1,316,358,763			—
Silver bullion distributed		(58,798,412	)		(1,271,418,533	)		(1,320,595,807	)		49,177,274
Silver bullion sold to pay expenses		(586,373	)		(12,667,476	)		(13,443,517	)		776,041
Net realized gain		—			—			49,953,315			—
Net change in unrealized appreciation/depreciation		—			—			(115,731,699	)		—
Ending balance		463,942,222		$	10,057,834,978		$	11,081,259,981		$	49,953,315