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<p>[QUOTE="Rono, post: 1126691, member: 6492"]Howdy,</p><p> </p><p>Go to your local book store and buy a copy of Coin World or Numismatic News (weekly newspapers) and check the ads. Go to <a href="http://www.apmex.com" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.apmex.com" rel="nofollow">www.apmex.com</a> and check the various sections of silver and prices.</p><p> </p><p>Silver bullion comes in coins and ingots. There are older coins that were made out of silver but many governments around the world mint silver coins these days and sell them to the public. Most are 1 ounce in size. The U.S. has our Eagles, Canada their Maple Leafs, China their Pandas, Mexico their Libertads, etc. There are also ingots that come in round or rectangular shapes starting with 1 oz, and having 10 oz., 50 oz., 100 oz., up to a kilo. </p><p> </p><p>Each form of silver will cost you the spot price of silver (market price of bullion) PLUS a premium over the spot price. This premium will vary for many reasons but you generally want to minimize it. Shop around and buy in bulk to get any volume discounts. Try to buy silver with smaller premiums but remember that plain vanilla is cheaper than top shelf but top shelf is generally better. For example, a Silver Eagle has a higher premium (12%) than a Maple Leaf (8%) at my local coin dealer as I write. However, some will say that a Silver Eagle would be easier to sell than a Canadian Maple Leaf and therefore has a higher demand. Same goes for silver ingots. You can get some plain vanilla art bar from BillyBob's Mint of BF Nowhere for less than a stamped ingot from Englehard. However, who is going to buy the former AND will they pay you as much as they will for the latter? </p><p> </p><p>just some thoughts,</p><p> </p><p>peace,</p><p> </p><p>rono[/QUOTE]</p><p><br /></p>
[QUOTE="Rono, post: 1126691, member: 6492"]Howdy, Go to your local book store and buy a copy of Coin World or Numismatic News (weekly newspapers) and check the ads. Go to [URL="http://www.apmex.com"]www.apmex.com[/URL] and check the various sections of silver and prices. Silver bullion comes in coins and ingots. There are older coins that were made out of silver but many governments around the world mint silver coins these days and sell them to the public. Most are 1 ounce in size. The U.S. has our Eagles, Canada their Maple Leafs, China their Pandas, Mexico their Libertads, etc. There are also ingots that come in round or rectangular shapes starting with 1 oz, and having 10 oz., 50 oz., 100 oz., up to a kilo. Each form of silver will cost you the spot price of silver (market price of bullion) PLUS a premium over the spot price. This premium will vary for many reasons but you generally want to minimize it. Shop around and buy in bulk to get any volume discounts. Try to buy silver with smaller premiums but remember that plain vanilla is cheaper than top shelf but top shelf is generally better. For example, a Silver Eagle has a higher premium (12%) than a Maple Leaf (8%) at my local coin dealer as I write. However, some will say that a Silver Eagle would be easier to sell than a Canadian Maple Leaf and therefore has a higher demand. Same goes for silver ingots. You can get some plain vanilla art bar from BillyBob's Mint of BF Nowhere for less than a stamped ingot from Englehard. However, who is going to buy the former AND will they pay you as much as they will for the latter? just some thoughts, peace, rono[/QUOTE]
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