Silver

[ironman]

Is their any site that everyone trust to buy silver from I have been looking at APMEX and RCM. Also what do most recommend buying bars,rounds etc. American or foreign .

 

[centfladigger]

do you have a local coin shop nearby? I was buying from Gainesville coins and Provident but with the shipping charges and me just buying ASE`s it was cheaper for me to buy from my local guy and I find new bars and coins every week from people cashing them in.
As far as what to buy, buy what you like, what you can afford , some people buy bars for easier stacking, some buy rounds for the designs etc etc.I have just lurked on this forum section for a year and listen to all, there are some good knowledge on here..... good luck with your choices

 

[ironman]

do you have a local coin shop nearby? I was buying from Gainesville coins and Provident but with the shipping charges and me just buying ASE`s it was cheaper for me to buy from my local guy and I find new bars and coins every week from people cashing them in.
As far as what to buy, buy what you like, what you can afford , some people buy bars for easier stacking, some buy rounds for the designs etc etc.I have just lurked on this forum section for a year and listen to all, there are some good knowledge on here..... good luck with your choices

Thanks yes I have a gold and silver buyers shop I went to today and picked up a 1991 silver eagle they have a few bars I plan on going back with out my wife lol but I am trying to learn about different metals I like silver but I am gonna buy a few 1gram bars of gold just cause and my next purchase will be a sheet of 1gram silver bars to give to my kids and my nieces and nephews.

 

[TreasurePirate69]

Personally, I would never buy 1gram silver bars. The price you pay for those is outrageous. You are better off buying silver coins like Mercury dimes if you are looking for small amounts of silver on the cheap. Right now a 1 gram silver bar has about 70 cents worth of silver in it. Yet most places will charge you $2 - $8 per bar. Unless you are paying less than a dollar per bar then you are getting majorly ripped off.

A Mercury dime has 2.25 times more silver than a 1 gram silver bar and costs about $1.80. And, a Mercury dime has a lot of history behind it.

By the way, there are also a lot of fake 1g silver bars out there on eBay and such. It looks like you are looking to buy from a reputable company which is a good idea (especially if you are buying 1g silver bars).

 

[jim4silver]

One gram silver bars I never even heard of that. No offense to anyone but that is the most ridiculous thing I ever heard of. That would only be worth about 70 cents melt. I often thought the one gram gold bars were kind of a joke, but silver now that is totally silly. The gold bars in one gram are so small you can barely see them (I am exaggerating a bit).

TreasurePirate is right. If you want little silver bars/coins get merc dimes.

Just my opinion.

Jim

 

[fistfulladirt]

I've been buying from Provident Metals for awhile. Their premiums on ASE's are about 30-50% less than my local dealer, and shipping this month is under $5, any quantity.

 

[crhstreetwalker]

I bought my monster box from Provident. Fast turnaround and trustworthy. Bought when spot was at $23.95, wish I wouldve waited one more week and I couldve bought at todays prices.

 

[ironman]

Personally, I would never buy 1gram silver bars. The price you pay for those is outrageous. You are better off buying silver coins like Mercury dimes if you are looking for small amounts of silver on the cheap. Right now a 1 gram silver bar has about 70 cents worth of silver in it. Yet most places will charge you $2 - $8 per bar. Unless you are paying less than a dollar per bar then you are getting majorly ripped off.

A Mercury dime has 2.25 times more silver than a 1 gram silver bar and costs about $1.80. And, a Mercury dime has a lot of history behind it.

By the way, there are also a lot of fake 1g silver bars out there on eBay and such. It looks like you are looking to buy from a reputable company which is a good idea (especially if you are buying 1g silver bars).

Thanks for the information I dont plan on buying anything from ebay.I only wanted the little bars cause I think they are pretty cool looking I still plan on buying a few but I will start looking into merc dimes but do I buy the dimes for the silver value or do I look for condition.

 

[TreasurePirate69]

Thanks for the information I dont plan on buying anything from ebay.I only wanted the little bars cause I think they are pretty cool looking I still plan on buying a few but I will start looking into merc dimes but do I buy the dimes for the silver value or do I look for condition.

I was probably way too harsh with my earlier reply. So I apologize for that. Everyone should buy what they like and want to buy. If you like 1g bars then buy 1g bars. As for Merc dimes, it all depends on what you want to do. You can buy them for the silver value or you can buy them for condition (or both). If you buy them for the silver value then they will be priced at close to melt (plus a relatively small premium). They will also be common dates and could be more worn. In all cases you will want to try and find less worn specimens if possible. You can also buy for condition or rarity. But at that point you will be paying a much bigger premium. You would no longer just be buying silver and would have moved into the realm of collectible coins. There is nothing wrong with that. It's just a different type of collecting. The nice thing about mercury dimes is that you can get some decent specimens for relatively low premiums over melt. They are wildly popular and there are tons of them out there. Plus, your average person (especially kids) has never even seen one before.

Personally, I do both types of collecting! I have some nicer specimens and I have some worn ones that were purchased at melt prices. Good luck.

 

[jim4silver]

I was probably way too harsh with my earlier reply. So I apologize for that. Everyone should buy what they like and want to buy. If you like 1g bars then buy 1g bars. As for Merc dimes, it all depends on what you want to do. You can buy them for the silver value or you can buy them for condition (or both). If you buy them for the silver value then they will be priced at close to melt (plus a relatively small premium). They will also be common dates and could be more worn. In all cases you will want to try and find less worn specimens if possible. You can also buy for condition or rarity. But at that point you will be paying a much bigger premium. You would no longer just be buying silver and would have moved into the realm of collectible coins. There is nothing wrong with that. It's just a different type of collecting. The nice thing about mercury dimes is that you can get some decent specimens for relatively low premiums over melt. They are wildly popular and there are tons of them out there. Plus, your average person (especially kids) has never even seen one before.

Personally, I do both types of collecting! I have some nicer specimens and I have some worn ones that were purchased at melt prices. Good luck.

I disagree. If someone (presumably a newbie) asks for advice then you should tell it like it is (according to your view).

I wish someone would have told me when I was a new silver bug that it was not a wise move to buy choice bu Morgans (common years). I think mine are worth less now than what I paid a few years ago. Should have been buying bullion then. The Morgans cost almost twice what an ounce of silver was going for if I remember right.

As far as one gram silver bars I say if someone really wants them then go ahead. But they are probably the worst silver "investment" there is, except for maybe war nickels.

Just my opinion.

Jim

 

[ironman]

I was probably way too harsh with my earlier reply. So I apologize for that. Everyone should buy what they like and want to buy. If you like 1g bars then buy 1g bars. As for Merc dimes, it all depends on what you want to do. You can buy them for the silver value or you can buy them for condition (or both). If you buy them for the silver value then they will be priced at close to melt (plus a relatively small premium). They will also be common dates and could be more worn. In all cases you will want to try and find less worn specimens if possible. You can also buy for condition or rarity. But at that point you will be paying a much bigger premium. You would no longer just be buying silver and would have moved into the realm of collectible coins. There is nothing wrong with that. It's just a different type of collecting. The nice thing about mercury dimes is that you can get some decent specimens for relatively low premiums over melt. They are wildly popular and there are tons of them out there. Plus, your average person (especially kids) has never even seen one before.

Personally, I do both types of collecting! I have some nicer specimens and I have some worn ones that were purchased at melt prices. Good luck.

No ur good

 

[fistfulladirt]

I steer clear of dimes. I buy 90% Kennedy halves at melt or a slight premium. Reason? Much less circulation, and very little wear. I come from an era when buyers weighed US silver before buying (1980). I've even recently watched my local buyer weigh granny's dimes when she brought them into to sell. If you can find later date Roosevelt dimes near melt, good buy.

 

[Herb Boyd]

War nickels have a face value...it held up during the Great Depression when silver was practically worthless........

 

[jim4silver]

War nickels have a face value...it held up during the Great Depression when silver was practically worthless........

Great, next time you decide to plunk down some hard earned $$$$ into silver to hopefully protect your family's wealth from whatever the heck may happen, why not put it into war nickels Herb.

For anyone who wants to get the most for their dollar, stick to quality bullion or nice 90% if you can get a good deal which unfortunately is hard to find on 90% right now if you buy retail.

Jim

 

[Marchas45]

Great, next time you decide to plunk down some hard earned $$$$ into silver to hopefully protect your family's wealth from whatever the heck may happen, why not put it into war nickels Herb.

For anyone who wants to get the most for their dollar, stick to quality bullion or nice 90% if you can get a good deal which unfortunately is hard to find on 90% right now if you buy retail.

Jim

I got me a good deal tonight. Lol

 

[jim4silver]

I got me a good deal tonight. Lol

View attachment 870977

Beautiful coins Charlie!

 

[Bobbyw]

I have had good experiences with Silver Towne.

 

[TreasurePirate69]

The recommendation to buy Merc dimes was made as an alternative to buying 1g silver bars as low cost gifts to give to nieces and nephews. Although Rosies will likely have more silver content due to being less worn, they don't have the same "wow" factor when being handed to a child. The Merc design is just something that most kids have never seen. And let's not forget that in just a few short years, many affordable Mercs will turn 100 years old. I too prefer halves to dimes and feel that halves have an even bigger wow factor to both children and adults. But in the context of giving them away as gifts, halves are five times more expensive than dimes are. I have given away Walker halves to neices, nephews, and neighbors. Then again, I don't have many nieces, nephews, and neighbors! Plus, silver halves weren't nearly as expensive back then.

For the record, I wouldn't be buying 90% junk silver right now as an investment either because the premiums usually just aren't reasonable. If you can find them for a low premium then fine. But otherwise I'd follow Jim's advice and buy generic silver rounds if I was looking to just get as much silver as possible. The problem is that handing out silver rounds to nieces and nephews can be an expensive proposition depending on how many nieces and nephews you have. So for myself I'd buy silver rounds or even ASEs and Maple Leafs for investment purposes. For the kids I'd buy Merc dimes if I was looking for the most "wow" for the buck and wanted to keep each gift around a couple of bucks. If you don't mind spending a few bucks more then Walking Liberty halves are a nice gift.
And if you REALLY want to spend some cash for a nice gift, I recommend my all-time favorite US coin: The Capped Bust Half Dollar.

 

[TreasurePirate69]

I got me a good deal tonight. Lol

View attachment 870977

Now THAT's some nice "coin porn"!

 

[FreedomUIC]

Great, next time you decide to plunk down some hard earned $$$$ into silver to hopefully protect your family's wealth from whatever the heck may happen, why not put it into war nickels Herb.

For anyone who wants to get the most for their dollar, stick to quality bullion or nice 90% if you can get a good deal which unfortunately is hard to find on 90% right now if you buy retail.

Jim

Charlie,
Can't tell what size those are. Can you help a blind person determine the oz's of those please. LOL