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<p>[QUOTE=&quot;Rono, post: 837565, member: 6492&quot;]Howdy and welcome,</p><p>&nbsp;</p><p>I concur with everyone.&nbsp; </p><p>&nbsp;</p><p>You can buy silver bullion in either coins or ingots.&nbsp; Ingots (plain vanilla silver bars or rounds) generally have the lowest premium while of the coins are higher and the ASEs the highest.&nbsp;&nbsp; This is because they&#039;re U.S. and also easiest to sell.&nbsp; A very cheap way of buying silver bullion is with 90% U.S. circulated coins from 1964 and earlier.&nbsp; </p><p>&nbsp;</p><p>The premium, or vigorish, is the market up by the dealers over the Spot price.&nbsp; Think of it like the used car market with wholesale and retail with the spread being the markup.&nbsp; This does make it hard for little guys to make a buck unless investing over a longer period of time.</p><p>&nbsp;</p><p>You can buy 90% silver coinage as mentioned, and you can also get discounts for volume purchases.&nbsp; It would be a small per ounce premium if you bought a 500 oz ingot from BillyBob&#039;s Mint and Bait Shop - but it&nbsp; might be harder to sell some time in the future.&nbsp; Howver, if you buy a monster box of 500 2010 silver eagles, it may cost you more, but you can sell it easily and probably even for a small premium over spot.&nbsp; </p><p>&nbsp;</p><p>Top shelf booze costs more and so do American Silver Eagles.&nbsp; You can by rotgut but we might not want to drink with you.&nbsp; Or you can buy it by the truck load and get a discount.</p><p>&nbsp;</p><p>peace,</p><p>&nbsp;</p><p>rono[/QUOTE]</p><p><br /></p>

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