Buying Silver Bars Reddit

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.

Buying silver bars reddit.

One of my first transactions was for some bars of silver and gold from apmex. Generally speaking the premium for silver goes down as the size of the bar goes up. Keeping silver within the community is encouraged. 5 1 oz coins whatever is cheapest in the geolocation you are living or 20 gram gold bars.

A silver award requires 100 coins which simply marks a post or comment with a silver award icon. 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. I haven t even received them yet. However there is also value in buying larger silver bars such as 25 oz 50 oz 100 oz and even 400 oz bars.

1 100gram gold bar. Sorry if i come across as uninformed i just got into buying metals recently. There was a post a month or two ago explaning the best way to buy gold. Also you can find gold for a small premium over spot there.

Silver bars are a smart way to invest in silver for both the experienced investor who wants large quantities as well as for the first time investor. The price of a bar of silver also depends on the silver spot price at the time of purchase. R pmsforsale is the best place to regularly see silver at spot. Silver bar prices vary depending on the size of the bar purchased.

You can buy silver bars online which are typically 999 or 9999 fine. Big online dealers have their promotions jmb and bold pm but thats a one and done. 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. Investing in silver is gaining popularity and buying silver coins is not the only option for those looking to make an investment in silver.

Since you presented your budget in my mind your best way to get it is in the following form. In terms of gold coin vs. Links to auction style listings such as an ebay auction are prohibited. There are now several ways to give awards.

I am pretty positive that pmsforsale is the place to look that most often has silver at spot. 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. Gold bar sizes both private and government mints make various sized gold bars and gold coins respectively. A classic gold award requires 500 coins and gives the recipient a week of reddit premium membership and 100 coins.

Silver bars come in many different shapes and sizes and can be pressed or poured. Rest get some 5 gram gold bars going.