3 votes

How to buy silver at spot price?

I saw a comment on here some time ago saying that anyone who knows what they are doing should be able to buy silver at the spot price. Well, I have no idea how to do this, and I'd like to know how to. Anybody have any idea?

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If you can find folks selling and eliminate the dealer

than your in luck.

I like this place.


They're honest, cheap, and buy back without premium.

Craigslist will have people selling for spot often.

I buy at spot from a small coin shop.

I even got a 10 ounce Engelhard bar at spot price!

Just look for a small mom and pop coin shop.

Also you don't have to buy bullion alone, buy junk silver (Silver dimes, quarters etc.)

Check out the Laissez-Faire Journal at LFJournal.com

"The State is a gang of thieves writ large." - Murray Rothbard


I buy from a small shop, off of the beaten path. The first $2,000 I bought from him, he gave me $.10 below spot on all of my 1/2 dollars. He also sells me Silver Eagles with a $2.00 premium, when everyone else is at $3 or more over spot.

He also guarantees that he will buy back anything at spot. Find one small shop and deal with them exclusively. Building that relationship will be to your benefit. It is also a good idea to go in with as much as you can. The more you buy, the better it is for you. Maybe not a discount, but at least they will be more likely to remember you.

Remember, you can ALWAYS try to negotiate.

Other than

starting your own refinery I have no clue. Coin shops do not even get spot-price deals unless they run into clueless customers. If you find out, let me know.lol Other than that, one can get more for their money buying constitutional silver pre 1965 qtrs & dimes, they have the lowest spot price.

“When a well-packaged web of lies has been sold gradually to the masses over generations, the truth will seem utterly preposterous and its speaker a raving lunatic.” – Dresden James