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Best Places To Purchase Silver Coins?
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Trixie Friganza User ID: 757721 11/4/2009 7:41 PM
 Report abusive post | Best Places To Purchase Silver Coins?
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I would like to buy silver coins. Any suggestions on the best places to do this? Some places charge so much in shipping that it is not worth while.
Any suggestions? Should I find local sellers? I know there is always Ebay....but I'm not sure if that is the best way to go?
Any suggestions appreciated. Big girls need BIG guns. |
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Anonymous Coward User ID: 781169 11/4/2009 7:43 PM | | Re: Best Places To Purchase Silver Coins? | Quote | I had really good luck with my local coinshop! It was kinda an old boy's club, but while I was talking to the owner, I was listening to the guys, and I felt like I had walked into glp! I looked up the price on apmex first, and he was very reasonable. |
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Dreamer User ID: 763552 11/4/2009 7:45 PM
 | | Re: Best Places To Purchase Silver Coins? | Quote | apmex.com
pay with personal check. |
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Anonymous Coward User ID: 810476 11/4/2009 7:47 PM | | Re: Best Places To Purchase Silver Coins? | Quote | Ebay is good for a lot of things, but "deals" on silver there are tough to find.
Numistatic (collector) or 'junk' bags?
I think 'junk' is the way to go, and with rising prices, it sure isn't 'junk' at all. |
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Trixie Friganza User ID: 757721 11/4/2009 7:56 PM
 | | Re: Best Places To Purchase Silver Coins? | Quote |
I had really good luck with my local coinshop! It was kinda an old boy's club, but while I was talking to the owner, I was listening to the guys, and I felt like I had walked into glp! I looked up the price on apmex first, and he was very reasonable. Quoting: Anonymous Coward 781169
Sounds like a plan. I've also wondered about local pawn shops.
Thanks so much. Big girls need BIG guns. |
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Trixie Friganza User ID: 757721 11/4/2009 7:56 PM
 | | Re: Best Places To Purchase Silver Coins? | Quote |
Last Edited by Anastasia Slaymaker on 11/4/2009 at 7:56 PM Big girls need BIG guns. |
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Trixie Friganza User ID: 757721 11/4/2009 7:57 PM
 | | Re: Best Places To Purchase Silver Coins? | Quote |
Ebay is good for a lot of things, but "deals" on silver there are tough to find.
Numistatic (collector) or 'junk' bags?
I think 'junk' is the way to go, and with rising prices, it sure isn't 'junk' at all. Quoting: Anonymous Coward 810476
What's a junk bag? Do you mean just junk silver. Like sterling items? Big girls need BIG guns. |
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Anonymous Coward User ID: 773473 11/4/2009 7:58 PM | | Re: Best Places To Purchase Silver Coins? | Quote | try the 7-11 at fifth and vine |
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Trixie Friganza User ID: 757721 11/4/2009 7:58 PM
 | | Re: Best Places To Purchase Silver Coins? | Quote |
apmex.com
pay with personal check. Quoting: Dreamer
Thanks.  Big girls need BIG guns. |
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Anonymous Coward User ID: 763552 11/4/2009 7:59 PM | | Re: Best Places To Purchase Silver Coins? | Quote |
Ebay is good for a lot of things, but "deals" on silver there are tough to find.
Numistatic (collector) or 'junk' bags?
I think 'junk' is the way to go, and with rising prices, it sure isn't 'junk' at all.
What's a junk bag? Do you mean just junk silver. Like sterling items? Quoting: Trixie Friganza
90% silver coins, as in quarters, dimes, and half dollars minted on or before 1964. |
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Trixie Friganza User ID: 757721 11/4/2009 8:04 PM
 | | Re: Best Places To Purchase Silver Coins? | Quote |
Ebay is good for a lot of things, but "deals" on silver there are tough to find.
Numistatic (collector) or 'junk' bags?
I think 'junk' is the way to go, and with rising prices, it sure isn't 'junk' at all.
What's a junk bag? Do you mean just junk silver. Like sterling items?
90% silver coins, as in quarters, dimes, and half dollars minted on or before 1964. Quoting: Anonymous Coward 763552
 Big girls need BIG guns. |
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f.b.nyte User ID: 518744 11/4/2009 8:08 PM | | Re: Best Places To Purchase Silver Coins? | Quote | Here's a link that shows the latest up to date values (intrinsic value) of the silver value in each silver coin.
[link to www.coinflation.com] |
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Anonymous Coward User ID: 705796 11/4/2009 8:13 PM | | Re: Best Places To Purchase Silver Coins? | Quote | Try Craiglist and Kijiji in your area. Post o listing looking for silver.
I bought a pile of silver coins for about $15 each in the summer from a guy who needed to sell them no questions asked -- and I didn't. |
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Anonymous Coward User ID: 810464 11/4/2009 8:19 PM | | Re: Best Places To Purchase Silver Coins? | Quote | i would say Ebay hands down beats everything..and if it doesnt, its because your not searching thorough enough..
you should be able to find a 1oz bar for example, and have it shipped to you for cheaper than going to a local shop
besides, nothing beats the variety of Ebay, just my opinion
alot of the stuff on there was added a few weeks ago when metal prices were lower..buy them up before the seller realizes! |
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Trixie Friganza User ID: 757721 11/4/2009 8:23 PM
 | | Re: Best Places To Purchase Silver Coins? | Quote |
i would say Ebay hands down beats everything..and if it doesnt, its because your not searching thorough enough..
you should be able to find a 1oz bar for example, and have it shipped to you for cheaper than going to a local shop
besides, nothing beats the variety of Ebay, just my opinion
alot of the stuff on there was added a few weeks ago when metal prices were lower..buy them up before the seller realizes! Quoting: Anonymous Coward 810464
Great advice. Thanks. Big girls need BIG guns. |
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Trixie Friganza User ID: 757721 11/4/2009 8:23 PM
 | | Re: Best Places To Purchase Silver Coins? | Quote |
Here's a link that shows the latest up to date values (intrinsic value) of the silver value in each silver coin.
[ link to www.coinflation.com] Quoting: f.b.nyte 518744
Thank you. Big girls need BIG guns. |
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Anonymous Coward User ID: 810464 11/4/2009 8:27 PM | | Re: Best Places To Purchase Silver Coins? | Quote | another thing, if your looking for small amounts of silver, search for bank bars..
not only is it a silver investment, but its a historical investment if that bank collapses! |
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Anonymous Coward User ID: 767699 11/4/2009 8:33 PM | | Re: Best Places To Purchase Silver Coins? | Quote |
apmex.com
pay with personal check. Quoting: Dreamer
Yep, used these guys all the time |
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Anonymous Coward User ID: 608601 11/4/2009 8:35 PM | | Re: Best Places To Purchase Silver Coins? | Quote | I heard there's fake silver coins floating around... |
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Anonymous Coward User ID: 757721 (OP) 11/4/2009 8:50 PM | | Re: Best Places To Purchase Silver Coins? | Quote |
apmex.com
pay with personal check.
Yep, used these guys all the time Quoting: Anonymous Coward 767699
Going to their site right now. Thanks |
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Anonymous Coward User ID: 576059 11/4/2009 8:58 PM | | Re: Best Places To Purchase Silver Coins? | Quote | I found a great local coin shop to deal with, after going to (no less than) 3 not good ones.
Do shop around, it may pay off! |
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Dreamer User ID: 763552 11/4/2009 9:02 PM
 | | Re: Best Places To Purchase Silver Coins? | Quote | one more tip.. over the years and dealing with dealers I've noticed that silver eagles are worth the $1.79 per ounce premium over spot they are selling for right now.
When silver drops in price the spot on these rises, so you will take less of a loss if silver drops by buying silver eagles.. dealers will always pay spot or more for them, whereas they'll pay a buck under spot for other silver, and on ebay you'll get more over spot for them.
Yeah they cost a buck more per ounce but they are really worth it at $1.79 over spot at apmex.
They look good, and you don't lose that dollar over spot you are paying ever really.
Last Edited by Dreamer on 11/4/2009 at 9:04 PM |
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Truthache  HYSTERY, PSYIENCE, SCIECHOLOGY User ID: 787567 11/4/2009 10:10 PM
 | | Re: Best Places To Purchase Silver Coins? | Quote | check with
[link to www.coinflation.com]
often
Real time coin price melt value and lots of other related news. in warm pursuit... |
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Hannah User ID: 810636 11/4/2009 10:48 PM | | Re: Best Places To Purchase Silver Coins? | Quote |
I would like to buy silver coins. Any suggestions on the best places to do this? Some places charge so much in shipping that it is not worth while.
Any suggestions? Should I find local sellers? I know there is always Ebay....but I'm not sure if that is the best way to go?
Any suggestions appreciated. Quoting: Trixie Friganza
Learn to Scuba Dive! There is lots of silver and gold down there waiting to be found! |
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Anonymous Coward User ID: 773669 11/4/2009 11:02 PM | | Re: Best Places To Purchase Silver Coins? | Quote | OP, first try to get silver .999 or o.925 !!
anything less you will have a hard time to sell in the future !!
Try to buy as close to spot price !!
No numismatic expensive coins , etc !!
IMO |
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Anonymous Coward User ID: 516046 11/4/2009 11:07 PM | | Re: Best Places To Purchase Silver Coins? | Quote | Northwest Territorial Mint.
[link to bullion.nwtmint.com]
Just get the rounds or bars.
Upside:
If you compare many dealers you will find that NWT
is the lowest.
Downside:
you have to wait for a mint run ...some times 6 to 8 weeks.
When they get enough orders they fire up the refinery
and start stamping round.
Min. order 50 rounds |
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Greenhorn User ID: 810525 11/4/2009 11:32 PM
 | | Re: Best Places To Purchase Silver Coins? | Quote |
I heard there's fake silver coins floating around... Quoting: Anonymous Coward 608601
Yes, from China. Buyer beware. wanna feel good
gotta be who I am |
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Anonymous Coward User ID: 768075 11/4/2009 11:39 PM | | Re: Best Places To Purchase Silver Coins? | Quote | dont get anything off ebay if your just starting out. try to save up and buy in bulk that cuts down on shipping cost.. I started going to local coin shows, when your there you will see lots of people selling bullion. I always try to stick with bullion that has a monatary value stamped on it. |
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Anonymous Coward User ID: 754773 11/4/2009 11:51 PM | |
Anonymous Coward User ID: 708147 11/4/2009 11:53 PM | | Re: Best Places To Purchase Silver Coins? | Quote | I got mine from local dealers please buy small pure coins or bars.
Make sure it says .999 fine or pure silver engraved on it.
I would get 1/10 ounce, 1/4 oz., 1/2 oz.
and then get 1oz , 2oz, 5oz. 10oz, 12oz., 16oz, 32oz ect...
I have 1/10 ounce englehard silver coins very cool and could be a time for bartering and used as money!
dont forget pre 1965 silver coins are 90% silver |
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Anonymous Coward User ID: 757721 (OP) 11/4/2009 11:54 PM | | Re: Best Places To Purchase Silver Coins? | Quote |
one more tip.. over the years and dealing with dealers I've noticed that silver eagles are worth the $1.79 per ounce premium over spot they are selling for right now.
When silver drops in price the spot on these rises, so you will take less of a loss if silver drops by buying silver eagles.. dealers will always pay spot or more for them, whereas they'll pay a buck under spot for other silver, and on ebay you'll get more over spot for them.
Yeah they cost a buck more per ounce but they are really worth it at $1.79 over spot at apmex.
They look good, and you don't lose that dollar over spot you are paying ever really. Quoting: Dreamer
Great!!!Kind of stuff I need to know. You guys are awesome. |
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