Bring a gun?
Don’t be a SUCKER.
Here is a safe alternative. Fine silver casting grain.
Send them a cashiers check or credit card number and they will ship it to you insured. If you don’t use it, they will buy it back.
buy lead and brass instead
Ebay has certain controls Guarantees on Purchases .
You can buy All the Silver you want from Established sellers....you don’t have to deal with Newbees.
Buy low, sell high!
Recommend silver eagles or silver rounds instead.
Recommend silver eagles or silver rounds instead.
I’ve got a 1929 Silver Dollar that I would not sell for a million dollars.
Now a million rounds of 00 Buck,this baby’s yours.Maybe.
Purchase from reputable dealer in state with no sales tax. NH is still good.
Are sales of gold and silver registered?
bump
Consider buying Canadian Maple Leafs@ 3.99 over spot, or Buffalo rounds @ 1.29 over spot at APMex.com.
Forget the castings & other unrecognizable stuff. Also, we are still in a deflationary period. Yes the fed is monitizing, but there is no mechanism to inflate the economy. This will not cause wages and prices to increase (if you think it will try finding a new job). Not yet. There will be a better window to buy both silver and gold (unless there is a war).
If you insist on buying junk silver, try not to buy dimes. Quarters, halves & dollares are much better. The dimes are typically worn and have lost up to about 8% of their weight in wear.
Consider that Roosevelt forced everyone to turn in their gold at $22or $23 an oz. Then he devalued the dollar to 35 an oz. The kleptocrats will work it one way or another to strip our assets when Mr. Mierda meets Mr. Fan. Make sure you can eat and protect your family imho.
You can go to a local coin store to buy a bag once you know the price. You will pay spot + a bit for the amount of silver in the bag (which is determined by formula, bags are often sold by face value. Because they are all made out of the same material (90% silver or 'coin silver') and the original weights were in proportion it doesn't matter much if you get dimes, quarters, halves or dollars, though some dealers charge more for the rare halves. Most dealers sell bags of all one type, which might be best. I think mostly they are all sold by weight, the formulas having long ago been agreed to and coin dealers having better things to do then count out every dime in a $1000 bag of dimes.
I've used the prices from NW Territorial Mint for junk silver in my chart. They would be a good place to buy it from, as I have done business with them with total satisfaction. If you are in Portland and want to walk in Columbia Coin is a very good shop. Most cities have reputable coin dealers who have been around for years, ask around.
And then you'll have a bunch of old worn out silver coins that without close inspection look a lot like the government issued non-silver self-counterfits in circulation.
So, let me be the second person to suggest either American Eagles or generic "rounds". You can buy Eagles at a fair price from either Kitco or Apmex on line stores. I have bought from both with no problems.
You can by generic rounds from Northwest Territorial Mint. These are the best deal: the mark up between the spot price of silver and the price for their coins (er, 'rounds') is only about $1.10 an oz. (APMEX has other brands of generic rounds as well.)
The American Eagle has the same amount of silver but a much higer premium per oz.
(But it is quasi legal tender. Personally seeing as FedGov/FedBank have destroyed the value of the dollar I don't see any reason to get their signature of my 1 oz silver coins. I greatly prefer that they come from some honest hardworking miners and private mints than the clowns with the government "permit".
OK! Time for pictures, links and numbers!
| Spot Prices per Oz. as of post time | |
|---|---|
| Gold | $942.00 |
| Silver | $13.67 |
| Bullion Prices by Dealer | All coins are Silver | ||
|---|---|---|---|
| Vendor | Product | Price Per Oz. | $ over spot |
| APMEX | American Eagle | $ 17.71 | $4.04 |
| Kitco | Canadian Maple Leaf | $17.93 | $4.26 |
| NW Territorial Mint | NWT Round | $15.07 | $1.40* |
| NW Territorial Mint | "1/10th Bag", $100 face value | $15.20** | $1.53 |
* NWT Requires minimum purchase of 50 oz and payment by check.
** 90% US silver is usually sold in $1000 face value bags. I've used the $100 face value bag for my calculations. It weighs 72oz. 72 * .9 = 64.8 oz of pure silver (to aproximate the comparison with all the other cois which are .999 silver, or just shy of 100%) The price for the 1/10th bag is $985 divided by 64.8 oz = $15.20 an oz.
They are all a little harder to do business with than Amazon, but they need to be.
NWT doesn't sell bullion for credit cards, at least not at the discount rates. They do ship via FedEx and insure at their costs. Lead times are long (10 to 12 weeks) but accurately quoted. They usually deliver a few weeks earlier than they say.
APMEX (American Precious Metals Exchange) takes credit cards but charges a bit for it. You also pay your own shipping.
KITCO also only takes checks, but it's not obvious, you use a card to order, then get a login, and mail a check. Sorry I don't remember if they comp shipping. Probably not.
OK, the fun part! Pictures. These are all the same size and color in real life, sorry the photos are all slightly different.
Silver American Eagle
Silver Maple Leaf
Obverse and Reverse of the NWT Silver Round.
They also mint rounds with Pan American Mine logo on them. These are cool! Who wants dead presidents, when you can have live miners. Very Randian!
Bag of 90% silver pre-1964 US coins.
Oh yeah, one more thing to remember: gold and silver (and platinum) are measured in Troy Oz, which is not the same as the oz. you are used to. It is heavier, and there are 12 troy oz's to a troy pound (a measure rarely seen) All PM dealers use Troy Oz's or grams. Keep this in mind.