Saturday, October 27, 2012

Purchasing Silver Bullion for Investing

As a silver coin bullion investor your goal is to purchase coins which are easy to sell when the time comes to do it. This means opting ones which have the following characteristics:

•    Are marked with their silver fineness
•    Are backed by a major government or a reputable mint

The most common ones are the American Silver Eagles and the Silver Maple Leaves, but many countries have their own silver versions that are great for investing. They tend to sell well above spot price both online and in shops and though they are a bit standardized, they are still very attractive to hold on to.

There are a few places to purchase silver coins. Brand new investors would be well advised to go through an established retail coin shop or online coin dealer because they can be more certain that their coins are legitimate and a reputable silver dealer won’t try to cheat you. Shopping online at our wholesalecoinandmore.com, you get the best of both. In business since 1975, we operate both a retail store and an online website which makes it easy to compare prices so you know you are getting a deal and we even offer free shipping!

As for when it’s right to buy silver, well there is no bad time. You can buy silver whenever you want to and there’s little purpose in waiting since price fluctuations are rarely very dramatic. You can also start small and work your way to a larger collection with greater ease if you start right away.

The Major Difference from Gold
Silver is often called gold’s ‘little brother’, but this one major difference between the two: supply. Silver tends to get thrown out, not recycled, so the supply is actually dwindling while the demand is slowly increasing due to technological needs. Gold on the other hand is overwhelmingly recycled so there is a constant supply.  Gold may be more valuable, but silver will start increasing in price over the long haul because of the reduced supply.

Silver coins are great for investors who are just starting out or experienced investors who want something a little more affordable with which to hedge their portfolio. The prices tend to stay at a good level due to demand and they sell well above spot price online and off. Furthermore, even the most standard sorts of silver bullion are still pretty attractive and nice to hold on to while you have them. You may not get rich from your silver collection, but you also won’t have to worry about all of your wealth being ruined by a change in the stock market.

If you are interested in silver coins, take a look around our site and see what we offer.

3 comments:

  1. Thanks for this wonderful post but on the other hand I'm looking for wholesale silver bullion. Thanks!

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  2. Thanks for sharing this review, such kind of information is really helpful for me about Silver Bullion. And i’m glad reading your blog style .

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  3. Nice Blog!! Thanks for sharing this information with us.Canadian maple leaf Silver Coin

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