Do you know any sites? I was just about. To buy a few 10 oz bars from a website called Amex or something like that which has high ratings. I don’t want to get ripped off.
I’ve been buying silver for about the last 15 years or so. I started back when it was around 5 bucks an ounce or so and finally quit when it got over 25. I’ve got a mix of one ounce rounds, “junk” coins, bars, etc. I’ve done business with the same guy at the same store all those years.
So here’s my advice. Don’t buy from the ‘net dealers. The shipping and premiums will kill you. Find a local coin shop. Tell him or her you want the pre ‘64 US coinage. Oh feel free to toss a one ounce or two into your stash, but the stuff that will be the easiest to convert will be the US coinage.
And remember you’re NOT buying this as an investment. You’re buying it to store value. And those are two entirely different things.
Affordable Jewelry & Precious Metals
http://www.ajpm.com
OR Ebay. You can occasionally find deals on Ebay, but I stopped buying junk silver there three years ago when the price started to rise.
AJPM has listed, under silver bullion, bags of $1000 face-value silver coins for sale at $21,060 each as of 7:16pm PST.
That means the face amount of the coins, be it $1 or 10 cents, in the bag is equal to one thousand dollars but will cost you, to buy, $21,060.
Can you get it somewhere cheaper? I originally bought mine on Ebay three years ago but had to sell due to family financial emergencies this year. The value when I sold the silver was nearly $40 per oz. It has dropped since then.
At present I have no gold or silver coins, period.
It's up to you, and you alone,to decide on something you could live (or die) to regret. Don't rely on us dummies for advice on what most of us know nothing about.
Can't remember for sure, but I think that the Silver Eagles are guaranteed to be 1 oz. of silver. Their prices compared favorably with some of the other sites, plus they take Mastercard.
I also collect all the nickels I receive.
That's the one Ann Barnhardt uses according to her website.
That's probably Apmex, and they're about as good as it gets. I've used them several times. Before that tragic boating accident, that is.
If you really want to buy on line, Kitco is a totally reliable agent you can buy gold and silver coins or bars from.
Nothing mysterious about any of this, it's like buying anything else.