Probably the wrong time so not seeing it as a true investmemt.

Where is the best spot to buy and get closest to spot.

I don't plan to spend much just thinking every year buying Silver- the gold for shots and giggles

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Posted by tigermed

Member since Nov 2007

426 posts

Posted on 5/31/20 at 1:57 pm to thelawnwranglers

I would try your local coin shop but that will be hit or miss. I am not buying anything right now because of the premiums being charged by the large online dealers. A $10 premium on an American Silver Eagle is crazy.

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Posted by thelawnwranglers

Member since Sep 2007

38783 posts

Posted on 5/31/20 at 8:58 pm to tigermed

Do the coins general retain over spot value

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Posted by wasteland

City of peace

Member since Apr 2011

5600 posts

Posted on 5/31/20 at 10:35 pm to thelawnwranglers

Check sites online for promotions. Many have deals for first time buyers at spot for 1-10 oz

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Posted by montana

Bozeman, MT

Member since Dec 2008

1411 posts

Posted on 5/31/20 at 11:23 pm to wasteland

If you have a jeweler you trust, buy from them. They usually don’t mark if up as much as a coin shop.

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Posted by Auburn1968

NYC

Member since Mar 2019

19479 posts

Posted on 6/1/20 at 1:22 pm to montana

Bought some gold mining stock in mid March. It's doing pretty well since people tend to flock to precious metals when there is a lot of instability in the markets and on the streets. Government printing tons of money helps it too. Mining was down due to coronavirus too and mining tends to lag behind the rise in prices for precious metals.

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