Buying Silver Bars Reddit

Investing in silver is gaining popularity and buying silver coins is not the only option for those looking to make an investment in silver.

Buying silver bars reddit.

There are now several ways to give awards. Silver bars can be minted from private silver mints such as the highly recognized republic metals corporation to government mints like the royal canadian mint rcm of canada. However buy it now style listings on auction sites from reputable retailers are allowed at the discretion of moderators. In terms of gold coin vs.

Since you presented your budget in my mind your best way to get it is in the following form. 1 100gram gold bar. You can buy silver bars online which are typically 999 or 9999 fine. After a little research i realized i really don t know the risk of coming across a counterfeit and even if i did i don t know how to spot it.

Silver bars come in many different shapes and sizes and can be pressed or poured. R pmsforsale is the best place to regularly see silver at spot. There was a post a month or two ago explaning the best way to buy gold. Buying silver bullion is typically most affordable when you buy silver bullion bars the most popular silver bars for sale are 1 oz 10 oz and 100 oz sizes.

Buying a singular 400 oz bar can be more affordable for a bulk purchase than buying 400 individual 1 troy oz bars because of the premium per ounce of. However there is also value in buying larger silver bars such as 25 oz 50 oz 100 oz and even 400 oz bars. One of my first transactions was for some bars of silver and gold from apmex. Rest get some 5 gram gold bars going.

Sorry if i come across as uninformed i just got into buying metals recently. A classic gold award requires 500 coins and gives the recipient a week of reddit premium membership and 100 coins. Links to auction style listings such as an ebay auction are prohibited. The price of a bar of silver also depends on the silver spot price at the time of purchase.

I haven t even received them yet. Gold bar sizes both private and government mints make various sized gold bars and gold coins respectively. I am pretty positive that pmsforsale is the place to look that most often has silver at spot. Silver bar prices vary depending on the size of the bar purchased.

Big online dealers have their promotions jmb and bold pm but thats a one and done. A silver award requires 100 coins which simply marks a post or comment with a silver award icon. Generally speaking the premium for silver goes down as the size of the bar goes up. 5 1 oz coins whatever is cheapest in the geolocation you are living or 20 gram gold bars.

Keeping silver within the community is encouraged. Also you can find gold for a small premium over spot there.