Any of you buy silver?

You talking about physical silver bars or silver futures or what?

Yes. I have some. If you are just trying to capture the value of the metal, you just need to buy .999 pure bullion rounds or bars. There are a few private mints that make them. Or you can buy bullion American Eagles. Not proof polished (that’s just a waste unless you’re a coin collector).

I’ve bought them in every way. Direct from the mint. Coin store (Louisiana Gold in BTR). Craigslist. And off eBay. And have holdings in SLV ETF.

You’re going to pay a little premium above spot value to acquire hard silver (and lose a little when you execute a sale). But that’s not what you're focused on if you’re looking to add silver as a long term hold position.

It is cheap now too. Good accumulation time right now.

Good luck

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Any of you buy silver?

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I collect silver coins which were minted in New Orleans. I have about 500 of them.

I also have about a dozen Roman silver coins.

Does that count?

I’ve bought silver and gold from apmex.com and I’ve never been disappointed

sure physical bullion is easy to accumulate.. but make sure you *know* how you will you sell/actually collect profits when the time comes...


stacking physical (gold) was my method of saving my whole life up until the housing bubble popped late 2008..
what also happened during that time was the coins i used to buy for $4-$500 were now worth $1800+

the problem.. while i planned to use the savings to invest in real estate..
actually converting the physical stuff wasnt exactly simply or easy.

no one local could buy more than a coin or two..

i did end up selling to APMEX...shipping no more than the max USPS registered mail insurance amount per box

//the lack of real buyers...and challege of even moving... was eye opening

I bought at $42 per oz

stillwaiting foe rebound

I buy one to 3 ounces a week. I buy on ebay. When the price spikes I sell on ebay. Even net of fees it is a better payout than selling to dealers or Apmex.

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Buying physical metals is useless and inefficient. If you want to hold these, then get an ETF so that you have the exposure and it’s liquid.

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I would argue the exact opposite. ETFs are better for shorter term investors. Holding physical silver is the better option for long term investors. And to that... physical silver is pretty friggin liquid. I can generally list on ebay and sell the same day. My net works out to right about spot price, and the money is in my paypal account. I can go to any number of places around town and get a hair below spot and have cash in hand same day. Selling an ETF will take at least one business day before the cash is in my account.