16 votes

Best form of Silver to buy

I have never owned any Gold or silver items before, I am thinking of buying some silver

What is the best ways to purchase them?

Bullions?
Bars?
Coins?

If one of those, what kind of(eg, what kind of coins, from where etc)

And if neither of those, in what other form?

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.

Buy Maples and some eagles and bars

i like bars get more for your money...remember always stay focus..silver is silver.

when money is scarce those premium collectors coin will drop in price(tough economy).

i ride the market and once in a while i treat myself with higher premium coin for my collection.

Keep stacking them.

I'll guarantee that the

I'll guarantee that the premium on a silver eagle one day will be more than the cost of the eagle today.

“Let it not be said that no one cared, that no one objected once it’s realized that our liberties and wealth are in jeopardy.”
― Ron Paul

Not when all of the

Not when all of the collectors are dead or not caring. Silver is silver. When it gets to the point you need to barter with your silver then no one will gives 2 shits what the silver was stamped into or when.

90% of the people will not

90% of the people will not know how to tell counterfeits. No way they will be buying anything they don't easily recognize.

Silver is silver....unless you're not sure if it is.

Gold Eagle premiums today are higher than what the ounce coin cost years ago. Same will happen to the silver eagles.

“Let it not be said that no one cared, that no one objected once it’s realized that our liberties and wealth are in jeopardy.”
― Ron Paul

and you can fake a silver

and you can fake a silver eagle as easily as you can fake anything else... so what does it really matter? What matters is the metal value.

who is faking a $30 eagle?

who is faking a $30 eagle? Who is faking pre 1965 US coins? The technology necessary to pull it off wouldn't even be worth the tiny profit margins. Gold or large silver bars is another story entirely.

Feel free to keep thinking it's easier to fake the most well known coins in the world vs. rectangular blocks of metal.

Are we really even having this conversation? I thought most people knew the basics.

“Let it not be said that no one cared, that no one objected once it’s realized that our liberties and wealth are in jeopardy.”
― Ron Paul

Chinese Companies

Are faking all kinds of stuff...

Gold Bars & Coins
http://haulson.en.made-in-china.com/product-group/boMEtsGVbA...

Silver Bars & Coins
http://haulson.en.made-in-china.com/product/MoDEztYlITHP/Chi...

Nice lookin' Morgan Dollars!
http://www.aliexpress.com/store/311642

Shows up on ebay as "layered" (layered with a thin film of silver plating over copper)

by the way, those fakes look

by the way, those fakes look like garbage.

“Let it not be said that no one cared, that no one objected once it’s realized that our liberties and wealth are in jeopardy.”
― Ron Paul

Don't ever buy on ebay...Buy

Don't ever buy on ebay...Buy from Apmex or another highly trusted dealer.

Bix Weir summed it up best...

"people are waking up that NOT all forms of silver will be dealt with in the same manner in the future. US Silver Eagles and pre-1965 silver coins are the coinage of the United States and when the inevitable crash of fiat paper and electronic Federal Reserve Notes finally happens these silver and gold coins will be all we have left to be used as our official money. Other forms of silver will NOT be accepted as money and may even be taxed so heavily that all the hoped for investment gains may be swallowed by Uncle Sam"...

"Now is NOT the time to save a couple bucks on the SE premium for two simple reasons:

1) Although you buy them at a premium you can sell them at a premium as well.

2) American Silver Eagles are US Mint coins denominated as $1 according to law and when the derivative bubble destroys all other forms of Federal Reserve created money the value of a REAL $1 coin will be astronomical!"

Learn more about Bix Weir and his Road to Roota theory at www.roadtoroota.com

Interesting stuff.

“Let it not be said that no one cared, that no one objected once it’s realized that our liberties and wealth are in jeopardy.”
― Ron Paul

If you can't tell real silver

If you can't tell real silver from fake then I guess you won't get it. It's easy to tell just by sight let alone the other ways.

LOL...yeah right. Didn't

LOL...yeah right. Didn't know I was talkin to a know it all big mouth.

I've seen 1000 oz silver bar fakes that 99% of the people would have no idea...not even u, Mr. know it all.

“Let it not be said that no one cared, that no one objected once it’s realized that our liberties and wealth are in jeopardy.”
― Ron Paul

silver eagles and pre 1965

silver eagles and pre 1965 90% US coins by the bag.

Here...I've made it easy for you....

http://www.apmex.com/Product/27/90_Silver_Coins___100_Face_V...

http://www.providentmetals.com/2013-1-oz-american-silver-eag...

I'm hesitant in pre-ordering 2013 Eagles in case the SHTF any day now. I still don't know why they quit making the 2012's early. Apmex still has some...

http://www.apmex.com/Product/65202/2012_1_oz_Silver_American...

You can compare prices at www.comparesilverprices.com

Apmex and Provident (Provident usually a bit cheaper) are 2 of my favorites. Don't screw around with bars.

“Let it not be said that no one cared, that no one objected once it’s realized that our liberties and wealth are in jeopardy.”
― Ron Paul

Silver Eagles

I've been a collector/investor for 30+ years. I always recomend to people first bullion purchase to make is Silver Eagle.
1. Reconized world wide.
2. Weight and purity gauranteed by U.S. Mint.
3. Produced with American mined silver.
4. one troy ounce each.
5. very easy to resell.
Yes there is a premium when purchasing them, but I believe the pro's out-weigh the con's.

egapele's picture

There's lots to learn about that here on the DP

but the consensus seems to be "junk" silver, i.e., pre-1964 dimes.

Obviously that's if you're on a tight budget, like most of us.

You should take a good look around the site about it, there's great info.

Silver dimes

Small, spendable, easy to accumulate on a budget.

Buy them little by little as you have the money. Quarters & halves are good too.

allegory - ˈalɪg(ə)ri/ - noun - 1. a story, poem, or picture which can be interpreted to reveal a hidden meaning, typically a moral or political one.

egapele's picture

What's the story on nickels?

I've been reading here lately about people collecting.

Nickels

Nickels are still made of nickel to this day. The value of the nickel they are made out of is about .007 more cents than their 5 cent face value. The cost to produce them is on top of that. Think it costs like a total of 11 cents each to make them, but not sure, it's something like that. Should the price of nickel rise....well...you can get nickel rounds now for 5 cents!

Lol, and notice the keyboards nowadays don't even have a cents sign on them? I think the nickel and penny will stop being minted.

I've also read that there is a law in effect now that you can only take so many nickles with you out of the country.

Keep in mind too that JP morgan just opened up a trade market or ETF for copper. I think prices for all of these metals are highly manipulated through the trade markets set up. Historically, the price of the metals is an indicator of the economic health, not so much anymore...lol Huge trades can be made with their set up. Millions of ounces trade hands but supposedly stay in a vault. Hmmmm....lol typical banker's scam. Trading metal that doesn't exist to manipulate the market.

Don't know

I think only a few years have silver - made during WWII. I don't know much about nickels, sorry.

But pre-1982 pennies are made with real copper. I think they're worth about 2.5 cents each these days.

Someone please correct me if I'm wrong.

allegory - ˈalɪg(ə)ri/ - noun - 1. a story, poem, or picture which can be interpreted to reveal a hidden meaning, typically a moral or political one.

I believe you are correct

I believe you are correct with nickels. One or two years during WWII they made them with silver because they needed nickel for other things I believe. The pennies I don't know.

War Nickels = 35% Silver

35% silver, 56% copper, 9% manganese. They are easy to spot...
Coins from all three mints bore very large mintmarks above the dome of Monticello. 1942-1945

I've found ONE in about 50 rolls and got one in change once.

http://www.coinflation.com has tons of info and "melt" values.

ETFs no way!

ETFs in brokerage? Look what happened to Gerald Celente!
1. can not trust brokerage firms
2. can not trust electronic investments
3. you will be taxed !!!
4. your account can be confiscated.....

I am an investment broker. ☺

Gerald Mangold

You can't be

an investment broker telling the truth about silver? Is that Satan bringing me iced tea?
lol!

Love or fear? Chose again with every breath.

The same ones

The Lone Ranger had.

Buy

ETF's through a brokerage!

-quiet engineer

LMAO. Now that's funny.

LMAO. Now that's funny. Friends like you, this poor guy doesn't need enemies. LOL

“Let it not be said that no one cared, that no one objected once it’s realized that our liberties and wealth are in jeopardy.”
― Ron Paul

Buy anything physical

and avoid ETFs like the plague.
ETFs are the paper silver, you want the kind that goes "clink." Any you want it in YOUR hands.
I like a mix of "junk" and bullion, with a bit of pure wire for making colloidal silver.

Love or fear? Chose again with every breath.

TwelveOhOne's picture

Colloidal silver?

Hi fishy, can you tell me about your experiences with colloidal silver? I have heard that it can turn people blue, permanently! I'm interested, but a little concerned.

Also I heard that copper can help reduce my gray hair, would be interested if you've had any experience with that in your family.

Thanks! :)

I love you. I'm sorry. Please forgive me. Thank you.
http://fija.org - Fully Informed Jury Association
http://jsjinc.net - Jin Shin Jyutsu (energy healing)

First, antibiotics can cause anaphylaxis and kill you.

Now then, still scared of blue?
If you look into it, you will find "Smurf man." He had a horrible skin condition, as in ready to die he was so miserable. He began to use silver all over his body, and to drink massive quantities. He knew he would turn blue, he did turn blue, and you can see his pretty white teeth against that blue skin because he can SMILE again.
I know how to make my own, I do make my own for cleaning and for use on my animals. However, there is a new way to make colloidal silver, "ionic silver" they call it. There is no risk of turning blue with it.
I learned about colloidal silver from an old formulary of my dad's (he was a pharmacist.) My kids had been fighting recurrent strep throat for a year and they were talking tonsillectomy. I wanted a better answer, and found this recipe to make colloidal silver. We cooked up a batch, and that was the last of the strep problem. I take it for sinus problems, snort the stuff. I rub it on cuts and scratches, they heal faster and it seems to have some pain relieving action. On the rare occasion I get really sick, I take a few teaspoons several times a day. I have used it without hesitation for almost 30 years now (I don't care, blue is my color...) and I am still not even a tiny bit blue. The brand I like is Sovereign Silver - I just find it more effective. It is an ionic formulation, and there is no risk of turning blue. BUT, if SHTF I will take my own and take my chances with being blue.
My only experience with copper is we used it and silver in our hot tub instead of chlorine or bromine, and it worked great. I also have noticed that algae does not grow in a copper watering dish we have. It would not surprise me at all to find it had benefit. I have been looking into colloidal gold recently. Interesting.... tempting.... have not decided if I will take that leap or not.

Love or fear? Chose again with every breath.

TwelveOhOne's picture

A belated thanks

I will look into it. Thanks! :)

I love you. I'm sorry. Please forgive me. Thank you.
http://fija.org - Fully Informed Jury Association
http://jsjinc.net - Jin Shin Jyutsu (energy healing)