Where can i buy silver by the ounce?
Obviously, with time silver will increase in price per ounce. Currently it’s around $40 per ounce last time i watched the news (last night), as compared to around $1700 per ounce with Gold. I want to invest a decent amount of money in purchasing silver by the ounce, or maybe even by the pound. Where can i buy some silver?
You can get some good deals at local coin and pawns shops below are some way to purchase silver
1. Morgan Silver Dollars
The Morgan Silver Dollars are by far the most widely collected United States Coin. The dollars which are 90% silver and contain nearly an ounce of the precious metal were struck from1878 to 1904 and then in 1921, were produced in the hundreds of millions far more than ever needed for the time period.
2. American Silver Eagle
The American Silver Eagles have been the official Silver coin of the United States since 1986. The demand for these coins has increased significantly in the last few years. These 1 ounce .9993 Silver coins not only hold silver value but a collector value as well.
3. Junk Silver
Junk silver refers to coins with 90% silver and 10% copper content. Because junk silver coins have value as bullion, legal tender, and at times as collectibles, pre-1965 silver coinage really is an excellent value for anybody wanting to keep some silver stocked away.
4. Silver Art Bars
Silver Art Bars are usually .999 pure silver bars sold in 1 thru 100oz increments the minimum value of the silver art bar is its raw silver value (the current melt price). The Silver Art Bars also carry additional value depending on the rarity of the silver art bar and its popularity within the collecting community.
5. Silver Rounds
Silver round are coin-shaped .999 pure silver bullion made by private mints not backed by any government for the purpose of silver collecting and investment. They are basically the same as the silver art bars as far as having both silver and collection value.
The Bubble Report : Is Investing In Silver a Good Idea ? For the Newbie Investor
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