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re: Physical silver

Posted on 3/17/14 at 9:45 am to
Posted by Clyde Tipton
Planet Earth
Member since Dec 2007
38799 posts
Posted on 3/17/14 at 9:45 am to
quote:

I buy from a local dealer. Rounds are $1 over spot. Usually eagles are about 2.50 over


Same. I have mostly 1 ounce rounds and pre 1964 circulated half dollars. While the 10 oz. bars are cool, they carry more value and would be harder to trade in a SHTF/barter situation.

You can buy a lot on EBAY, you just have to wade through the bullshite of peoplle asking way to much. You can find some nice deals from individuals, but there is no guarantee against knock offs. Companies like APMEX, MCM, and Scotsdale Silver sell on there with gaurantees and free shipping a lot. If you work the asking price backwards and consider what shipping would be, their premiums are not bad.
Posted by Hawkeye95
Member since Dec 2013
20293 posts
Posted on 3/17/14 at 9:51 am to
i bought 50 eagles when the price when down to $15 or so a while ago.

I think I paid about 1.5 over spot, but I also bought them with some gold bars so I got a slightly better deal.

you should have a little bit(<2%) of your net worth in silver and gold but its a store of value not an investment vehicle.
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