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The Chip Board Archive 25

Don't overlook US .900 fine silver coins
In Response To: HELP PURCHASING SILVER BARS ()

There are lots of good sources for these. Here's one:

http://www.apmex.com/product/195/90-silver-coins-1-face-value-avg-circ?id=PLA&id=PLA&gclid=CLv104KqudICFUFrfgodmNUHWw

Premium over silver value is around 10-20% these days. Usually you will get dimes or quarters so they can be spent in small increments if it ever comes to that.

Here is a link to a discussion of the various ways to hold silver bullion:

http://www.jmbullion.com/investing-guide/james/buying-bars-rounds-coins/

You should expect to pay higher premiums for coins or medals in smaller amounts (less than a few thousand dollars invested). Sometimes the premium over the bullion value of coins will drop to near zero. Watch for this if you plan on buying. Regarding shipping, if you are sending or receiving silver coins, the only thing the Postal Service will pay off on if your shipment is lost is Registered, insured mail. If you have a local source for the silver of course, insurance and shipping cost is not a problem but be sure you weigh the coins before paying for them. When a dealer buys back a bag of silver coins, you can be sure he will weigh them to be sure they aren't all worn smooth.

Messages In This Thread

HELP PURCHASING SILVER BARS
Re: HELP PURCHASING SILVER BARS
Re: HELP PURCHASING SILVER BARS
Re: HELP PURCHASING SILVER BARS
Re: HELP PURCHASING SILVER BARS
depends on state - 0% tax in many
your purpose?
All good questions Jim
Re: DON'T GET BURNED ON COUNTERFIETS!
Re: DON'T GET BURNED ON COUNTERFIETS!
Same here; never paid a cent over spot.
THANK YOU ALL GREAT INFORMATION
Re: THANK YOU ALL GREAT INFORMATION
JM Bullion....
Re: JM Bullion....
Don't overlook US .900 fine silver coins

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