In order to participate in the GunBroker Member forums, you must be logged in with your GunBroker.com account. Click the sign-in button at the top right of the forums page to get connected.

Where do you buy Silver?

IdahoboundIdahobound Member Posts: 20,587 ✭✭✭

I have a bit that I have purchased over the years. Mostly from pawn shops and coin shops. I would like to add a little more where do you recommend a person to buy it online?

Comments

  • KnifecollectorKnifecollector Member Posts: 3,267 ✭✭✭
  • mmppresmmppres Member Posts: 3,195 ✭✭✭✭
    Seams like crazy people are buying lead now.
  • gruntled2gruntled2 Member Posts: 560 ✭✭✭
    Now that the bottom has dropped out of silver I wanted to buy some. I checked flea-bay & others sources & they are still pricing it at the previous prices. On top of that I have to buy at least $1500 worth to avoid sales tax. This would seem to be a good time to buy, but where?
  • allen griggsallen griggs Member Posts: 35,692 ✭✭✭✭
    I have bought from apmex, and jmbullion.  Both are good.
  • shootuadealshootuadeal Member Posts: 5,301 ✭✭✭✭

    Silvertown, in store, Apmex.


    In that order.


    I see most online dealers are out right now.

  • victorj19victorj19 Member Posts: 3,642 ✭✭✭

    Silvertown, in store, Apmex.


    In that order.


    I see most online dealers are out right now.

    Was at a local coin store the other day.  Owner said he had a lot of buyers come in that had cashed in their IRAs and 401Ks and were buying silver.  Watched one man and wife selecting a number of bullion coins at about $30/@/oz.  He was hoping there might be some future collector value (speculating).

     While the spot price of silver dropped a lot (due to large bank sell offs?), to about $12.50/oz. I heard/read that the premiums over spot sky rocketed to as much 100% or more of the spot price itself.  

    So be careful when buying.  If you're new to this my recommendation would be to buy from a large reputable company, look for good delivery time (a week?), low fees and shipping cost.   If you are just interested in the silver as a metal, I would recommend looking for plain silver ingots.  

    Jim

  • SW0320SW0320 Member Posts: 2,547 ✭✭✭✭
    You will not be able to find any online.  The company I use just emailed and said the Canadian mint is closed down for a week.  That mint is the largest mint for silver.
  • Mr. OMr. O Member Posts: 260 ✭✭
    Even tho spot is down, no-one is selling at anywhere close to spot, if even selling at all.

  • mogley98mogley98 Member Posts: 18,291 ✭✭✭✭
    Yep and the on line guys I've used AMPEX, JM Bullion, Etc. are all charging a real wide spread on top of spot, used to order at less than a dollar over spot, often less than .50 cents over with free delivery now it is way over that if you can find any. I guess the price is only 12 bucks if you are selling not buying! LOL
    Why don't we go to school and work on the weekends and take the week off!
  • serfserf Member Posts: 9,217 ✭✭✭✭
     Black market prices. If you don't have it by now they will fleece you.
                                          serf
  • Don McManusDon McManus Member Posts: 23,695 ✭✭✭✭
    JM Bullion, but their stock is very limited right now.
    Freedom and a submissive populace cannot co-exist.

    Brad Steele
  • truthfultruthful Member Posts: 2,143 ✭✭✭✭
    APMEX is ok but I prefer JMBullion. I used to use PROVIDENT exclusively but they became totally unresponsive to emails so I quit ordering from them.
  • He DogHe Dog Member Posts: 51,593 ✭✭✭✭
    US mint.  Top dollar, but best value.
  • cbxjeffcbxjeff Member Posts: 17,637 ✭✭✭✭
    APMEX customer for about 15 years.  I just buy bars though.  I don't need any pretty coins.
    It's too late for me, save yourself.
  • yoshmysteryoshmyster Member Posts: 22,059 ✭✭✭✭
    If you're buying weight might I suggest sterling silver ware? They're .925 fine or better or junk 90% silver coins. Buy them by the pound. I think I'll wait until $10 and see if the local coin shops are open then take advantage.
Sign In or Register to comment.