I didn't see a thread of this up, but for you silver bugs out there, what is the best size to get - 1 oz rounds or 5, 10, and larger oz bars?
Yeah, I have no idea what's going to be the best to go with in a "need it" scenario. Are the .999 mints going to be more useful that the 90% pre-64 (or whatever) silver coins Will rounds be better suiter than bars? Only asking because its obviously cheaper just to get bars.I am likely wrong, but I went with US silver coins……not “junk” grade but close to it.
Yeah, I dont have much of anything now, but im thinking about making a decent purchase this weekend.I chose coins for two reasons.
US history.
The denominations make them easier to “trade” when the time comes. At least I would think so.
i bought up silver dollars, half dollars, quarters and dimes. About 5yrs ago.
Wish I had bought twice as much then!
I think its heavily undervalued as it is. Mainly buying because I don't trust the dollar to be around in the next 30 years. If it is, it;'ll be in piles on street corners while people sell little trinkets made out of the paper.In my opinion its not a buyers market right now.
But I am no expert, though I like your thinking!
I have been waiting for it to go down to buy more.
Just too high right now “for me”.
May just be a part of getting old. Lol
I was stupid years ago. Hasn't gotten much better.I certainly understand. That is why I bought several years ago. Diversification! 👍
if, as us silver bugs have been yodeling about for 15+ years now, silver goes into the 3 digit range (and higher), you wont' care what the "best" way to buy it is. Junk, rounds, eagles/libertads/maples/raands, shot pellets.... anything will be a fantastic buy.Yeah, I have no idea what's going to be the best to go with in a "need it" scenario. Are the .999 mints going to be more useful that the 90% pre-54 (or whatever) silver coins Will rounds be better suiter than bars? Only asking because its obviously cheaper just to get bars.
I agree and disagree. Gold is your GOOD bullion (get out of dodge). It will be solid, and will explode when all this crap about minting dollars finally goes off the rails. Silver, though, is the crazy little sister on crack compared to gold. When gold is screaming up, silver is screaming, scratching the eyes out, pulling chunks of hair and shooting at random cops rocketing upwards.If I was looking at large amounts of wealth to preserve I believe I would go with gold coins rather than large bars of silver
Walmart? For real? Please link me.I do 1 oz silver rounds and junk silver. You can get silver delivered quick from...Walmart. As previously stated silver is way under valued - so even at todays price $22.32 per oz - it's not a bad investment. I buy some periodically and it fluctuates. I'm getting it for a reserve and not really considering it an investment - kind like storing some food and ammo.
Walmart? For real? Please link me.
Learn something every day, it seems.
That is actually a competitive price! Thanks.Robot or human?
www.walmart.com
Better than the last few folks selling silver in BST wanted.That is actually a competitive price! Thanks.
Usually a couple of days - comes by USPS.what kind of delivery wait?
Apmex is one of the most reputable dealers out there, too.Usually a couple of days - comes by USPS.
And that,my friends, is the secret to PM’s. Very few understand this as it’s contrary to what we’ve been trained since early last century.I don't think I would set it as a DOLLAR value, as I believe the dollar is dead... but I am a weirdo that way.
agree 100%. The other thing to consider is that when silver rises, the spread between bullion price and numismatic premium goes out.For hedging and possibly as an investment I like bullion over numismatic since when it comes time to sell the market spot price is about it instead having to deal with “collector” price.
This would be more in line with my thinking.The premium is high because people are paying it.
I as well don't buy eagles. I am a cheapskate. I get it.My problem with silver is the physical premium. The premium on silver eagles from sdbullion in qty of 500 is 40%, it’s higher at apmex. The silver bugs may think that 40% is nothing since it’s just about to explode to triple digits, and they may think they can get the physical premium back in any event, and they may be right on both counts, but 40% is a deep hole to start in.
Shipping kills a good deal at the ~$100 level. I suggest FTF meet ups with members here first and then second would be to save enough to order online at a level that gets free shipping. The local coin shop place in Fuquay sucks. Owner is overpriced and an a**hole. I suggest Kris Kringle’s in Raleigh beside Crabtree mall if you want to go the coin shop route. I can’t vouch for other shops but I’m sure other good ones exist locally.I've been thinking about investing in silver a lot recently. I got my parents on it and they have bought a significant amount. Personally, I put a lot more into survival prep. I think there's prep for total societal collapse, and then prep for monetary collapse. Often go together, but two different things. So now I'd really like to start getting more physical silver now that I believe my survival preps are closer to adequate.
So simple question, am I better off buying from a place like walmart.com or going to a local dealer? I'd be looking to spend maybe 100 bucks a month and just slowly build up a pile till things either collapse, or I'm happy with where I am. (This is what I've been doing for a couple years now for things like food, ammo, and other survival preps.) If the answer is go to a local dealer, where is one in the Fuquay area? There's a pawn shop that advertises gold and silver, right in downtown. But "trusted" is the key word.
I just checked. JM Bullion, which I buy from, is $7.99 shipping under $200, free if you're above.Shipping kills a good deal at the ~$100 level