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Information on buying physical silver


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Information on buying physical silver

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  #1 (permalink)
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Hello everyone,

I am looking for general information on what to look for when purchasing physical silver, for example.

I would appreciate any feedback, experience, information, etc on what you look for when buying physical silver, why you would or wouldn't, etc.

Thanks!
Gary

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Let's start with your reasons for wanting to buy physical silver... what are they?

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David Morgan is considerate a silver "guru", if you go to Max Keiser blog you will find interviews with him and a lot of talking about silver market by Max Keiser also. There are some very important and helpfull information about silver and also gold market there.

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EDC?
Every Day Carry. What one carries at all times in case the end of the world strikes while one is out and about.
plus looks good next to the AK

source: Survivalism - Wikipedia, the free encyclopedia


@ gary - Just buy something people have heard of like Silver Morgan Dollars, Silver Eagles, and Silver Maple Leafs. Prices are negotiable closer to spot price the more you buy. Get them on the phone to negotiate. It's like buying a car. so enjoy

you can buy in bulk tubes like this
...just an example you need to shop for best price
Buy Silver Online | Buy MintDirect® 2012 Silver Maple Leaf Dragon Privy Coins | APMEX.com


Not sure of your reasons but I would suggest you take physical delivery....I'm not big on the "but I have a piece of paper that says bla bla bla" thing. That's just me.

edit -
here's what I was looking for
https://www.goldmoney.com/silver-prices.html

SILVER BUY RATES

Current Spot Rate
$29.2100/oz
Ounces Rates
$1 - 9,999 $30.3754 3.99%
$10,000 - 99,999 $30.2878 3.69%
$100,000 - 499,999 $29.9373 2.49%
$500,000 - 999,999 $29.8496 2.19%
$1,000,000+ $29.7912 1.99%

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Big Mike View Post
Let's start with your reasons for wanting to buy physical silver... what are they?

Mike

Something new to learn about, diversification, future investment; for a start.

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Gary View Post
Something new to learn about, diversification, future investment; for a start.

I started buying silver rounds (.999 ,,, generic rounds, some have art on them) before the Y2K "scare." I continued to buy a little here and there after "the non-event." I collect coins so it was a good fit. I started putting together a Silver Eagle collection and found this company, been using them ever since. The website ain't much, but the service is excellent.

GOLD SILVER PLATINUM PALLADIUM BULLION COINS BARS FOR SALE

Silver Eagles have a market of their own, and my thought is, if I suddenly fall over dead, the collection could be sold easily at a premium over spot. Many (most) of those generic rounds I initially bought under $8.00 yes, eight. I sold them all in the $40's on Ebay so now, I'm all Eagles. I will say this, gold takes up a hell-of-a-lot less space.

BTW, Don't get any ideas, I also have a pretty nice gun collection.

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