Home Forums Hunting & Shooting Hunter's Campfire Silver

So for those who invest/purchase metals for the home - how and where are you getting silver?

Bars, coins, local guy, on-line etc?

https://bullionexchanges.com/deals

One of the places I buy from. I typically buy Silver Eagles.

7k Metals is another good source, especially for numismatic limited run coins.

Local.

Colorado Gold
Google them.

When I worked underground there was equipment that used contactors that needed replaced regularly. I saved the silver contacts for several years. I have a couple milk jugs full that I need to melt the silver off the copper bars. Last time I ended up with about 7 pounds of silver sent to a refinery. Closest I’ll get to actually investing in silver I guess.

I buy US coins whenever and wherever I find them at spot price or less, and when silver prices are down. $20 for a silver dollar and $10 for a half dollar is my personal limit. I don’t give a rat’s ass about dates or grades, I’m just buying the verifiable metal.

I’ve bought a couple of rolls of silver dollars here in the classifieds.

I usually buy my bullion from JM Bullion or APMEX

.999 bars from Adyen Coins in NJ

I put an ad on the local forums and have no problem finding stuff local, bought with cash, no paper trail. I prefer to not buy silver coins because everybody thinks that worn slick half dollar has a bunch of collector value on top of spot.

What are you buying if youre NOT buying melt weight smoothed out silver coins

Are you buying lead bars from some other old fool or silver tea pots??

Teal;
Good afternoon to you my friend, I hope you had a good Christmas and this finds you well.

When it comes to purchasing precious metal that you want in your possession there are a whole bunch of rabbit holes to head down and I'll do my level best not to do that.

As has been stated already, for a multitude of reasons, one ounce coins are the best choice as everyone knows what they're dealing with then or very nearly so.

Bars from who knows where are always suspect. Mints making Canadian, South African, Australian or US currency are not. That'd be more or less the order of my preference at this point too, perhaps for reasons we'll not chat on open forum about but there it is.

It's not a terrible idea to get uncirculated, individually packed one ounce coins either for the same reasons as above.

Speaking in broad terms, one ounce of silver would in most instances be converted into acceptable tender to obtain goods or services you're hoping to acquire easier than gold, unless of course you need $2000 worth of whatever it is you're needing that day, right?

There were places up here that very intentionally dealt in bullion and did not feel the need to inform the federal government who was buying it. Our charter banks felt they had to do that, so that eliminated them from the selection process naturally.

Hopefully that made some sense and was useful to you or someone out there.

All the best to you in the New Year.

Dwayne

I buy local. Mostly 1 oz. rounds or bars up to 10 oz.

Lotta money silver.

Selling at spot+ In a bad economy, scary times.
Buying it back way under later.

May I ask why people are purchasing silver? I own some in the form of coins but find liquidating them to be an issue. If this an investment strategy? Buy and hold for a long time for potential appreciation?

A good question IMO. I'm not quite sure either.

I have some that I thought would be good in a financial collapse where a silver dime would get ya a loaf of bread as opposed to it costing $10 paper money..

Then, when I saw prices going way above what I had paid I thought I'd made a good investment & was it a good time to sell.

But, with it being worth that much, it seemed ever more important to keep for the barter value.

Yep! I don't know.

One thing I'm fairly confident in thinking is, I have only recognizable denominations. US coin. Bars and such might be great for storing large quantities, but limits ridding of it to gullible buyers or folks with the proper testing equipment.
Does this thinking have any validity?

Wealth preservation as well as a medium for barter if the need ever arises. Precious metals are poor investments for growth, but they hold wealth reliably.

Maybe the fact our fiat currency turning to 3rd world schiett should help give some a clue?