Where To Buy Silver
This How To Buy Silver Coins Page Focuses Where To Buy Silver
Depending on your location and comfort level, you can buy silver locally, over the phone or online.
When placing an order to be shipped, most reputable dealers ship via USPS Registered Mail, which is the safest way to ship, so you don’t need to worry about it getting lost or stolen.
How To Buy Silver Locally
I would recommend getting to know a few local dealers, so that you have a relationship with them for when you want to sell locally.
Keep in mind that their profits come from the margins when they buy and sell, so you’ll probably pay more and sell for less, than you would at a high-volume dealer like GoldSilver.
To develop the relationship, I would recommend buying some silver bullion coins from them, so that they remember you when you want to sell.
You can find local people on Craigslist.org who are selling silver, but you need to make sure that you meet in a safe place, like a Starbucks or your bank lobby. Look through all of the coins, to confirm that you’re not getting blanks.
How To Buy Silver Over The Phone
Tulving.com has a basic website, but to place an order you need to call them. They have low premiums, but they have a 500 oz. minimum when purchasing silver bullion coins. I have purchased from them several times and they have delivered my order in a timely manner.
GoldDealer.com in California provides quality customer service and low premiums. I have purchased from them several times and they have delivered my order in a timely manner. And they were great at answering my questions.
How To Buy Silver Online
eBay allows you to purchase silver bullion coins from individuals and dealers, but you need to verify that the coin is real, and the seller is legit, otherwise it can be difficult to get problems resolved.
As the spot price of precious metals continues to rise, more and more people will look to take advantage of people. So even though I’ve purchased on eBay before, I would steer clear, since there are so many other options.
Apmex offers a great selection with fair premiums. They also offer graded numismatic, platinum and all sort of collector coins.
GoldSilver offers to most popular silver bullion coins, not numismatic or collector coins.
We’ll cover more about GoldSilver in the next topic in the ‘How To Buy Silver‘ education series, which is:
