Where To Buy Silver Bullion

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If you are a new investor who is trying to learn where to buy silver bullion, or you are an experienced investor who is researching on where to buy silver bullion at the lowest possible prices, this article will be of help to you.

There are many places to buy silver bullion and they are easy to find but it is not so easy to get a straight answer as to where you will find the best pricing. When is comes to buying silver bullion pricing is king. After all, you are getting the same exact coins and bars no matter where you buy your silver bullion. The only difference is going to be in the price.

Where to buy silver bullion if you want to spend as much as possible:

That’s an easy one. Just walk into your local coin shop and buy. Coin shops are notorious for paying under market and selling over market. Most coins shops are not going to be moving enough volume to create any sort of volume discounts on silver bullion coins. Many of these shops are run by just one guy and he has to make money to stay in business. Think of the difference between buying something like bedding or towels or shoes at a mom-and-pop specialty store versus going to Walmart, except in the case of where to buy silver bullion it’s the same exact product quality. I’d say this is about the worst possible way to buy bullion, and frankly, most coin dealers are going to be selling numismatic coins, which is a whole other story.

Where to buy silver bullion if you are more worried about time than money:

Go to Google and search for “silver bullion”. Then buy from one of the people on the first page. It will be fair market pricing for an individual buying retail. It will take considerable time to evaluate each company’s pricing. Most will have price-breaks at certain volumes. Most individuals don’t buy enough volume at one time to get sizable discounts. There will be a mark-up over the spot-price and there will generally be a commission. There is nearly always some surprise fee that pops up right at the end, just as you are going to check out and after you’ve spent 2 hours trying to figure out the best pricing. Also, most of these dealers have a flat-rate for shipping and you over-pay for the shipping. Every once in a while you can find a really great deal on a collectible coin from some private seller on Ebay or some such site, but when it comes to the main bullion dealers you will need to invest some time doing pricing comparisons. Of course, if you are only going to buy 10oz… just some small quantity… the overall difference isn’t going to be that huge.

Right now with the trend in precious metals buying, these guys aren’t looking to take a bunch of time to answer your questions. Most of them will have all their phone lines on hold with buyers waiting to make payment and you will see that your “novice” questions will irritate them. You may hear something like “Look, I don’t have time to answer your questions. When you figure out what you want call us back”. It is a seller’s market.

Where to buy silver bullion for the best deal (very hard to find):

Find some old lady who happens to have some old pickle-jars full of silver coins and she has no clue how much they are worth and you can offer her cash you can get a super deal. Craigslist will also bring up sellers of antique silver such as candle holders or flatware, etc. Mostly though, on Craigslist you will find buyers, not sellers. The good deals are gone right away and you have to be very quick to grab up those sellers who are just looking to get rid of their silver for some extra cash that they are desperate for.

Where to buy silver bullion at Dealer-Cost, with no commissions or mark-ups of any kind:

Preservation Of Wealth is the THE place to by silver and gold bullion at the lowest possible prices. They sell at true dealer-cost to their members. There are now several gold and silver buyers’ clubs which have cropped up. These are basically groups of people such as yourself who have formed a group for the purpose of buying in larger quantities so that volume discounts can be had from the dealers. Preservation of Wealth has been selling bullion for the last two years and is know as the only true wholesale seller of bullion. Preservation of wealth has a $249 annual membership fee or a $30 per month membership fee. Once a member you can purchase unlimited quantities of silver and gold bullion with no mark-up, no commission, no surprise fees.. and pay the actual shipping cost.