How to Buy Silver Bullion & Silver Coins
If you’re looking for the best place to buy silver coins or silver bullion you’ve come to the right place. International Precious Metals is one of the best online silver coin dealers available and has been at the forefront of numismatics for nearly 20 years now. We carry a variety of silver coins for sale including the American silver eagle, the Austrian silver philharmonic, the Canadian silver maple leaf and more. Even explore our collection for pure silver coins and bullion. If you’re interested in learning more about our silver coins or our silver pricing, you can contact us at any time. IPM has grown to become one of the largest and most recognized nationwide dealers of U.S. silver coins, and a leader in rare historic U.S. silver. We’re the silver buyer you can finally feel confident in.
Buying Silver Bullion
When you decide to start investing in precious metals, you need to choose between silver and gold. While you can certainly buy gold and silver, silver investing may be the better fit for your needs.
Right now, you can buy silver for less than the cost of gold. The more affordable rate means that you can acquire more silver to build your portfolio for the same amount you could invest in gold.
How to Buy Gold and Silver
There are two ways you can buy gold and silver: through securities or physical bullion. Silver-backed securities are easier to hold and have the ability to appreciate. However, silver bullion bars and coins are purer and a more direct way of owning silver.
Where to Buy Silver
If you decide that you would rather buy coin and bullion, you need to find gold and silver dealers. With today’s technology, it is easier than ever to buy silver bullion from your computer, but you must use caution on the internet. IPM is a trusted dealer and is the best place to buy silver online. Our professionals can help you purchase silver bars and collector’s coins with confidence.
What is Silver Bullion?
Many dealers offer silver bullion for sale because it is a highly-concentrated piece of silver. When you buy silver bullion, you should look for bullion that is 99.9% pure. You can either buy pure silver bars or pure silver coins. You may also want to buy silver rounds.
Why Buy Silver Bars?
Most people investing in silver choose to purchase silver bars. As the most common form of silver investment, there is a wide range of silver bar sizes. You can choose from 1 ounce to 1 kilo of pure silver bars. If you plan to sell silver bars, you should keep in mind that the 100-ounce bar is more popular for investors.
While that might seem like a lot for a first-time investor, the cheapest silver bars aren’t always the best deal. In fact, larger bars often have a smaller price per ounce. If you have questions about how to buy silver bars or where to buy silver bars, IPM can help you find a solid investment.
If you’re looking for a middle ground between coins and gold and silver bars, then you should consider rounds. They look very similar to a coin, but they are distributed by an independent company rather than a silver mint. They also don’t have a face value, so weight and purity determine silver rounds prices. Unlike U.S. Mint silver bars, rounds are much smaller, with the most common size being 1 ounce. Some silver bullion dealers may offer larger sizes.
Despite being similar in size and appearance, silver bullion coins must be minted and distributed by the mint of a country, such as the U.S. Mint. They also differ from rounds because pure silver coins have a face value. However, that doesn’t determine the cost of investing in silver coins.
When you buy gold and silver coins, you typically pay a much higher rate per ounce than you would for rounds or bars. Even with the same purity and content, the prices continue to climb due to scarcity and pressure from coin collector markets.
Since they are rare, you might be asking, “where can I buy silver coins near me?” Fortunately, you don’t have to look far because IPM has some of the best silver coins to buy. Best of all, we make it easy to buy silver coins online! You can also ask us about our bulk silver coins.
Silver Investment Grade Coins
If you’re interested in how to buy silver coins, you’ll need to learn about which pure silver coins are the best. Certain versions are better for investing in coins, and they are known as Investment Grade Coins.
These Proof versions of coins have to be graded by independent third parties to ensure they are in perfect Proof 70 condition. The coins sit in a protective slab with an acid-free label. The label of Investment Grade Coins may also add to the rarity if they are hand-signed.
How are Silver Prices Determined?
When you buy gold and silver bullion and rounds, the total cost is based on the current silver spot price. To buy silver at spot price is to pay a specific rate per troy ounce. Silver bullion dealers use this rate to measure the health of the precious metals market. It is very similar to watching the stock market.
Not all silver is priced this way. Some of the most popular investment-grade coins are Silver American Eagles. The cheapest Silver Eagles are still very expensive due to rarity and stability. Unlike silver bullion price, you don’t pay the spot price. Contact IPM to learn more about the prices of our silver!