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Note 2 - Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2025
Notes Tables  
Activity in Silver Bullion [Table Text Block]

Year Ended December 31, 2025

 

Ounces

  

Cost

  

Fair
Value

  

Realized
Gain (Loss)

 

Beginning balance

  463,837,932  $11,628,353,352  $13,407,235,411  $ 

Silver bullion contributed

  373,938,415   15,615,761,735   15,615,761,735    

Silver bullion distributed

  (306,799,585)  (8,651,662,301)  (12,277,651,846)  3,625,989,545 

Silver bullion sold to pay expenses

  (2,285,397)  (63,739,857)  (87,321,795)  23,564,605 

Net realized gain

        3,649,554,150    

Litigation proceeds(a)

        17,333    

Net change in unrealized appreciation/depreciation

        17,752,896,409    

Ending balance

  528,691,365  $18,528,712,929  $38,060,491,397  $3,649,554,150 

Year Ended December 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

  268,075,875   7,621,670,899   7,621,670,899    

Silver bullion distributed

  (238,913,180)  (5,558,281,112)  (6,775,130,565)  1,216,849,453 

Silver bullion sold to pay expenses

  (2,216,994)  (51,464,282)  (61,784,640)  10,181,575 

Net realized gain

        1,227,031,028    

Litigation proceeds(a)

        138,783    

Net change in unrealized appreciation/depreciation

        1,001,643,726    

Ending balance

  463,837,932  $11,628,353,352  $13,407,235,411  $1,227,031,028 

Year Ended December 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

  153,556,215   3,580,116,083   3,580,116,083    

Silver bullion distributed

  (180,643,461)  (3,939,416,144)  (4,222,040,407)  282,624,263 

Silver bullion sold to pay expenses

  (2,285,669)  (49,834,316)  (53,707,373)  3,873,057 

Net realized gain

        286,497,320    

Net change in unrealized appreciation/depreciation

        (361,918,369)   

Ending balance

  436,892,231  $9,616,427,847  $10,393,666,180  $286,497,320 
Schedule of Capital Units [Table Text Block]
  

December 31,

 
  

2025

  

2024

  

2023

 
  

Shares

  

Amount

  

Shares

  

Amount

  

Shares

  

Amount

 

Shares issued

  411,600,000  $15,615,761,735   293,550,000  $7,621,670,899   167,250,000  $3,580,116,083 

Shares redeemed

  (337,600,000)  (12,277,651,846)  (261,600,000)  (6,775,130,565)  (196,800,000)  (4,222,040,407)

Net increase (decrease)

  74,000,000  $3,338,109,889   31,950,000  $846,540,334   (29,550,000) $(641,924,324)