What is the BEST Silver Bullion to Buy?
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- čas přidán 7. 09. 2024
- As silver drops in price I've been getting more and more questions about what the best type of silver bullion someone should buy. If you're buying silver for the first time or are new to bullion this video will discuss the different types of coins or bars that one would find in any coin shop or online dealer site.
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- Junk Silver
- Private Minted Coins or Bars
- Government Issued Coins
- Fractional Silver
- Silver Bars
All of these are great options but the question you need to ask yourself is "What is the reason you are looking to buy silver?"
Business Inquiries - MunkeySpaz @ gmail.com
I just like getting it all out and play with it, stacking up coin and bar silver like a 19th century miser and going silver, stacks and stacks of shiny beautiful silver and it's mine, mine I say mine.
he traded it for his silver
Nas J only a Dick would make a comment like that , he is probably young and enjoying his collection
I thought I was the only one. Ever pour it all out and watch Leprechaun? Maybe just me, huh?
lol funny comment
i buy because i think its cool to have a big ol bag of silver coins!
hahha ha I can't say I don;t agree
Some good tips. Lots of different reasons to buy for many people. I'm thankful there are so many choices out there. More now than ever!
For us newbies, that may not know exactly which group or style we fall in, it would be good to see a video on a break down that defines each group. That way we know more. Thank you sir.
Jim Brown....Excellent post.
Non nonsense and straight to the point! Thanks MunkeySpaz!!
I wish I saw this video in September when I jumped in with two feet! I basically follow your buying advice by mixing it up. Diversification within my stack! Thanks for sharing!
There's good information here for new stackers such as myself. I am steering away from graded coins until I learn more about them. Happy New Year and Happy Stacking all you stackers out there, old and new!!!
- In a SHTF situation you would be better to have small dimes so you can pay for small things without having to break down a bar or coin. Also you can have multiple caches to hide it so you wont be left with nothing if stolen.
- If you're preserving your wealth, buy large bars at best price possible ( i mean kilos if you're able ).
- If you're investing go with the large 10oz bars or minted coins near spot price. So you can sell em easy when you want.
- If you just like piling lots and lots of shiny things and can't stop counting em, go for 1oz bars/coins/rounds at best price possible so you get quantity over beauty or weight.
- If you are a collector you want to buy mint so you are going to have plus value on the quality of your coins at collector ou coin shops. Also your minted coin already has a system to find its preservation state and a price attached to it. Rounds and bars don't really sell in collector point of view.
- If you just like the beauty of silver, go on and ruin yourself on anything you want. 2oz 5oz 10oz coins are for you, they are beautiful but expensive.
ONE THING TO REMEMBER : When you try to sell it back, most buyers will have more trust in minted coins than bars/rounds and you're going to get more $$$ for the same ammount of silver. Also minted coin may be worth alot based on its rarity, demand, preservation... but it's a pain in the azz to evaluate em and sell em one by one and sadly you got to become honnest and good at it if you don't want to get ripped off or called a thief yourself.
THATS IT HAVE FUN !
If you can afford a kilo or more, then why not gold?
@@A_Box gold is closer to its high while silver is closer to its low......silver just makes sense right now along with platinum. Buy low sell high!
When you say "minted coins" do you mean coins that have the name of the mint stamped on it like Scottsdale Silver or do you mean the ones that come from the government like American Eagle or Canadian Maple leaf? I am looking for easy buying/selling and an easy calculated buy/sell dollar amount. I don't care to learn about the rarity or special edition coins etc.
@@wurstofall
If it is for easy buy/sell stick with eagles, maples or any other govt mintage.
@@mr.octopus6972 Thanks for the info!
Very informative video for the newbies, but you did overlook the numismatic silver, which in my opinion is a hedge against further drops & for me, is an enjoyable way of saving my hard earned cash.
It was interesting when the silver prices jumped to $50/oz. People who paid a huge premium to get graded coins were selling them for the same price as any other silver.
Nice collection. Just started collecting silver coins. Thanks for sharing 🤑🤑🤑👍👍👍
Love the video! Good info for beginner stackers! I buy 50-70 ounces a week and I diversify and buy different things. I do have my favorites though...lol
I wanna buy silver coz its so shinny
Nice man love it. Like the little scottsdale bars too haa
No beer? Don't tell me you're drying out. Sweet video man, keep up the great work!
YOU ARE ONE OF THE VERY FEW THAT MAKE SENSE
I have started to invest in a small amount of Silver, as Gold is too much $$$ for a person like me. This video is spot on. Thanks for posting. I am looking forward to more vids from you.
what silver did you get
Enjoyed your video. I'm like you. I like looking for the unique rounds, especially ones from the West featuring prospectors, mines, etc. I'm always amazed at what cool ones I find, and how cheap they are. There is a pawn shop in town that sells the silver for spot plus $3,50, no matter what they are.
Silver is a commodity sold on the COMEX and spot is for future delivery at a set date in large lots known at GOOD DELIVERY BARS. The spot price is not set for "rounds" or "bars" (except for the good delivery bar - hundreds of ounces each!). Premium includes the mints profit over all costs). Best bars and rounds to buy are those with low premium and security features (such as Sunshine Mint). Best coins are U.S. 90% silver coins, as far as I am concerned!
Very good video. I would like to add that when purchasing silver you have to also look at your exit strategy. You have to figure out how you are going to sell off your silver when the time comes. So certain things sell well one place but not the other.
Very good point! Very interesting way of thinking. I like it!
This is very helpful in showing the difference in sizes of bars. I would say you can get a good deal on silver buying just the basic none numismatic bars/rounds/junk silver. Anyone new who knows nothing about silver would buy them for your asking price vs. trying to explain why a zombuck is worth more than the spot. Great video. very helpful to new and experienced silver stackers!
Always gotta keep selling in mind when buying. If a person has a bunch of different stuff at sell day, it will likely cause a lot of frustration to the seller. I suggest a new "stacker" stick to 1 or 2 different coins (ie, Eagles, Maples, Phils etc..) when putting together a stack over time. Much easier to sell all of the same coins vs a bunch of different stuff. (This comment is geared toward bullion only) As you know, numismatics is a different animal. Subbed your channel. Thanks
I started stacking in Jan 2015 thanks to videos like yours. I just reached my 100th ounce and made my first video. Thank you for the inspiration.
what are you trying to achieve by stacking what are the benefits
Good stuff. I think its wise to get the most bang for your buck with 10oz generic bars. Second I think its a smart move to go with the eagles, maples, and all world bullion, I feel like there will always be buyers that will pay a hefty premium when it comes time to sell down the road. I started strictly with generics but have been leaning toward bullion that holds a good premium to diversify my portfolio instead of have all generics
I buy 1964 Kennedys...my favorite 90% coin, 1964 and older dimes and quarters, one ounce rounds..usually Silver Shield, and Provident Prospectors ten ounce bars. Bars measured in grams , not for me.
Great job Spaz! I have used this video on several occasions to show friends & family about silver. This is a great video for the green newbie! Keep 'em coming!!!
Excellent video and I agree 100%.
Great video! You have a nice wide variety of silver...Looking forward to the next unboxing!
Great information on Silver Types.
Great video and advise for the new stackers!
Looking at some of those bars next to your rounds I would not touch. Best and safe when it comes to Silver bars are Johnson and Matthey and Engelhard old poured Silver.
Thinking about stacking morgan dollars for a college fund
You need a kilo bar my friend! I have a mix of junk silver, 1 oz rounds, 5 oz, 10 oz and kilo bars.
I buy 10 oz. bars, silver rounds, Maple Leafs, Britianias and American Eagles, when premiums are reasonable. Don't overpay for any minted rounds.
i like to buy silver under Twenty dolalrs and trade it for Gold later when the ratio changes....
Who did this remix of “for what it’s worth.” I love Buffalo Springfield!
Great info! nice stash!
Very informative well made video. Just the right amount of info for someone starting out stacking.
Good solid advice, grounded in reality..need more of that! Good job.
Best IMHO is govt coins minus canadian and popular company bars...ie: apmex, jmbullion, provident, ect... So when it comes to selling, there is no problem proving quality.
i liked your video very much,thanks for the good information.
great advice if only i didn't live in the UK. so for me i have to be real selective what silver i buy. mainly semi numismatics workout the best for me amd if i can get older coins at current prices thats what i lean towards. always some sort a deal out there even with a limited criteria such as mein.
I'm really hating RCM stuff lately with all the milk spotting issues. I don't even think I knew what milk spots were until last year, never had anything with milk spots in the early 2000's. I never understood why ppl buy ms69 or lower for newer coins, especially bullion & proof numi, semi numi, etc but I guess that's a good strategy with a RCM coin that has a 50/50 chance of spotting. It will always retain it's silver value I'd hate to pay the additional $$ for a ms70 only to have it spot up and lose it's collector's value.
Great video for the beginner collector. Thank You Monkey Spaz👍
Munkey good job on the explanations and video love the Eagles and of course the Queen.
I love your videos and your Instagram uploads!!
Comrade Collects Thank you! That really means a lot! :)
The reasons to get into silver should not change what is the best. You want to protect your investment and to maximize your return.
Good video with basic info... well done
Thanks for the information!
Well explained. Thanks for making/posting this vid!
Whatever you do, do not use CB mint. Just got done dealing with them and it was a horror story. A month of no communication, it took a BBB complaint (which they threatened to sue me for)to even get a response. Little research shows I am by far not the first one that this has happened to. I've since used Silvertowne and Provident, both were great.
I heard all the new minted coins such as Eagles and Maple Leafs are MS69 or MS70. Also, they will never be rare since they are all top quality and uncirculated. Buy your own frames and frame 3 of them for the price of 1. No reason to grade a coin unless it has been circulated or is older and rare, etc.
I don't buy graded silver. I buy whatever bullion that is closest to spot. It's like my savings account...like now, I'm buying paper and bullion because silver is reasonably low right now. It's just a matter of time until it hits $25 + a troy oz.
I agree. 25 dollars an ounce is right around the corner!
Great advice man.
Isn't the song in the beginning called for what it's worth ??
need to update ...junk silver is not lowest premium anymore.. apmex,silver.com, provident.. premium is sky high..
What should I invest in if I'm looking into short term investment
ugh lol. I wish I would have seen your video before I bought some silver last weekend. I paid too high of a premium for some smaller ingots when I should have gone with a full troy ounce or larger. Great video for newbies. I could always use more advice since I really want to diversify my portfolio with 30% - 40% in silver. I looked up a few videos on common silver mistakes and found that you should have a safe or a bank box to store it in. Be smart & safe with your investment.
„Silver Shield“ rounds are the best!
I love these old videos and talking about how constitutional silver has the lowest premium now it has some of the highest the best bunny even before was just your generic silly stuff like Christmas rounds anniversary rounds if you're looking for just weight by that
Great video, thanks! I subbed your channel!
where did you get that minting metals one oz bar? That is a sweet looking bar.
I like that little 20 gram poured bar too, what mint is that one from?
Great video! Great information. I gave you a sub.
I know this is many months (yrs.) after the video was made, but, if I could add one little piece of advice, it would be to Never, Ever pay for high premium “slabbed” silver coins. As you can see, even the coins, that are prone to milk-spotting, will still milk spot in the slab. Kiss your premium goodbye, because that MS 69 or 70, has now become melt value.
New to collecting, my intension is long term. I've bought 1 kilo bar , various Perth mint,
rolls os pandas and roll of American Eagles.I like the kilo bars , is that to much for long term investment? I'm looking at it as savings really. thanka
Nice intro nice stack 👌💥
Gov't issued coins the best, most valuable, and worth more when sold.
That depends what you are selling it for. Maybe to a collector certain coins are worth more. But silver is silver and worth the spot price or whatever you can get someone to buy it for.
Great info for new stackers! I subbed!
What mint is the 20 gram silver bar
I love the items in your video! thank you for showing them to us. I love accumulating silver and I am getting ready for the day when my paper money is worthless. I rather have real assets I can hold in my hand. So I will accumulate a bit more every month. I have a few silver videos on my chanel.
i've bought and sold silver coins on a few occasions. i have never owned rounds or bars. here it comes... dumb question to the community: do bullion rounds or bars sometimes not at least get spot value? i sold eagles when the silver price was high and had no problem getting spot ofcourse. i am considering rounds or bars, but i don't want to buy an inferior investment vehicle. besides the problem of fakes, what other downsides r there to bullion or bars?
Nice Intro!!!
Easy answer, buy the purest gold platinum & silver you can.
I have a few 100 oz silver bars and the rest is in 90% silver coinage.
The problem with owning such large sized bars is it's much harder to sell in a pinch and also you're limiting your buying audience. At least with smaller sizes you can still sell 100oz at a time if needed. But also you could barter for things easier with smaller.
There's nothing wrong with 100oz sizes at all, just not something I personally can put back.
great presentation thank you for sharing
great information there.. My first silver bar I purchased was $30 over at the time the price for 1oz silver.. my mistake... but it was at a charity store.. any way my question is it reasonable to pay over the spot price for silver when you see a coin/bar/pored bar in a shop? I have come across some coin that I wanted but my gut said DON'T BUY IT...
Nice Vid Bro!
Keep it up.
TBB
So many deals out there. The deals were even better last week but can be even better next week. $377 for a tube of 2014 ASE's on APMEX's EBAY store front last Friday? No way I can say no to that.
halfdollar1 Absolutely! Deals are always worth looking at and picking up when the price is right.
got my tube from apmex today 376.99 the next day they were $448. hell of a deal
weizenale they were $448 around noon or 1pm PST the same day even though they still had a ton left, they turned a daily deal into an 4-5hr deal I guess...hate it when they do that! :(
Wow that is a sick crazy price on ASE's
+halfdollar1 Can you trust APMEX on ebay or any other reputable seller on ebay... why wouldn't they offer those prices on their site and save the fees.
Why should i diversify the silver? Would it be better to have a 100 oz bar instead or 100oz or coins, baby bars, 65 dated quarters all mixed in?
It would be better to have the smaller sizes. They are easier to sell when the time comes.
Dude, you are really good at explaining this. Change your name to make yourself more legit... Thx
Thanks! I appreciate the kind words. At this point after 5+ years of this name, changing it now would be suicide. lol Hope to see you around!
Does any bullion dealer sell 100 oz or 1000 oz coined bars or are they all cast? What weight bar is the best for long term ownership; with liquidity not being a concern?
Nice stack
Junk silver (90%)
Silver bullion coins from your country is in my opinion the safest to buy.
maples and eagles are the best. recognised world wide.
I have a question if u have time to help a mini monkey. I have a 1973 the international world trade universal trade unit 1 troy oz coin. The problem is it weighs 32.1 grams, 10.03 in a density test. Is this coin fake I have?
When silver spikes, who even buys in large quantities and what do they have to gain?
Logan Wright This is why you're meant to keep your silver for a while if you're investing in my opinion. You can try to sell as soon as you see the price spike, but as you said, why wouldn't people wait? It's true, people aren't as stupid as we would assume. Essentially, just hold onto your silver for a while and eventually you'll find the price hit a spot where it's gaining you a decent profit but isn't too outrageously priced for the market.
Logan Wright I
Jee... I wish I knew what Spot Price ment. What a douch
+Scott Murray it took you longer to go out of your way to type something negative than it would if you just googled "what is spot price." 😂
The best silver bullion to buy....the lowest priced....week after week after week, etc....
I'm getting gold 1 oz eagles at 3.25% above spot, and the silver is about $2.20 above spot. Is this a good price? I'm getting grams of LBMA gold for $49 too.
+Pat Hamer it all depends on what type of silver and gold you're buying. Is it just BU? Are these premium bars and coins? Perhaps they have a limited mintage? There's so much that comes into play. But if it's just generic bullion, I'd aim for no more than a dollar over spot
I want to put my money into silver. I have a set amount of money that I have safely put away and do not want to spend...but I als do not want it to sit there and not gain any value. I see silver right now is a good price so I want to convert that into silver or maybe even set up an IRA account
IRA account sounds like something managed by a bank? stay away from banks if so. What i mean is get physical silver/gold, not deposits, shares, etc. And keep it safe in your house, not a bank
Silver is really low right now and it's a good time to buy!
So even 0.25$ is the great one to save it?
Reason I just want it!
Suttvival( store of wealth , profit in that order
what is the difference between a walking liberty going for $9.45 and the ones going for a lot more ?
The ones going for a lot more could be graded coins which will bring in more money. Also, look closely it might not be a walking liberty 90%, it could be a solid silver coin.
you mean silver vs 925
Just needs some peoples advice, which bars do you think I should purchase - smaller ones like 100-250g or bigger bars like 1000g? Which one would sell easily in a coin shop/pawn shop?
Bigger bars are usually better for long term investments such as your 1KG bars. If you just want to quickly buy and sell smaller bars such as 100g ones are probably better. Also if your buying bigger bars you'll want to invest in Safes ect for peace of mind if the worst happens.
Vault Dweller thank you!
say sometime in the future we return to a gold/silver system, I assume it is a good idea to half somewhat of your total in smaller coins bars to trade with? rather than having large bars?
***** That's a good assumption. I personally think it's a good Idea to have equal amounts of everything. 90% silver will be great if the gold standard is brought back. In my opinion I don't think we'll see a gold standard again. But I do think it's possible to go back to a barter system or even see more and more businesses start to accept gold/silver as payment. To have quarter ounce bars/coins of silver and gold I think would be a good idea also. :)
MunkeySpaz Thank you Sir
anymore I see some of the highest premiums on "junk silver"
Great video.
thank you for information. What ere the best and most reliable dealers that sell silverbullions on ebay?
Ive started saving in 1 oz coins (Philharmonic, Silver Kangaroo and Eagles) Not much yet but it is increasing...B ut I want to by bullions and see there are alot sellers on ebay, but who are the best dealers and most reliable ones?
DH
Hi, what do you think about colored silver coins? Are they worth to save as investment?
I'm not a fan of the premiums on them but if you can get it at a good price then why not!
Beautiful coinse