What is the BEST Silver Bullion to Buy?
ฝัง
- เผยแพร่เมื่อ 19 พ.ย. 2014
- 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.
Buy Bullion from Modern Coin Mart - festyy.com/q3G9fq
Buy Bullion from Apmex - festyy.com/q3G9vU
Buy Bullion from JM Bullion - festyy.com/q3G9Q3
Buy Silver & Gold Direct from Amazon - amzn.to/1VMsTPm
- 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!
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!!!
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!!!
Non nonsense and straight to the point! Thanks MunkeySpaz!!
Great video! You have a nice wide variety of silver...Looking forward to the next unboxing!
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!
Very informative well made video. Just the right amount of info for someone starting out stacking.
Great video and advise for the new stackers!
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
Good solid advice, grounded in reality..need more of that! Good job.
Nice collection. Just started collecting silver coins. Thanks for sharing 🤑🤑🤑👍👍👍
Nice man love it. Like the little scottsdale bars too haa
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!
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.
No beer? Don't tell me you're drying out. Sweet video man, keep up the great work!
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
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.
i liked your video very much,thanks for the good information.
Well explained. Thanks for making/posting this vid!
Great information on Silver Types.
Great video for the beginner collector. Thank You Monkey Spaz👍
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.
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!
I wanna buy silver coz its so shinny
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
I love your videos and your Instagram uploads!!
Comrade Collects Thank you! That really means a lot! :)
Good video with basic info... well done
Great video, thanks! I subbed your channel!
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
Excellent video and I agree 100%.
Great info for new stackers! I subbed!
Great info! nice stash!
- 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!
Munkey good job on the explanations and video love the Eagles and of course the Queen.
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
Thanks for the information!
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.
Great video! Great information. I gave you a sub.
Great advice man.
great presentation thank you for sharing
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.
Nice Vid Bro!
Keep it up.
TBB
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!
What should I invest in if I'm looking into short term investment
Nice intro nice stack 👌💥
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...
Thinking about stacking morgan dollars for a college fund
Who did this remix of “for what it’s worth.” I love Buffalo Springfield!
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
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.
Great video.
YOU ARE ONE OF THE VERY FEW THAT MAKE SENSE
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?
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
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.
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?
i like to buy silver under Twenty dolalrs and trade it for Gold later when the ratio changes....
Nice stack
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?
„Silver Shield“ rounds are the best!
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.
What mint is the 20 gram silver bar
Isn't the song in the beginning called for what it's worth ??
good info
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?
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.
Beautiful coinse
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.
You need a kilo bar my friend! I have a mix of junk silver, 1 oz rounds, 5 oz, 10 oz and kilo bars.
Nice Intro!!!
Nice video
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!
So even 0.25$ is the great one to save it?
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'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
nice collecting i love it....i just subb
Reason I just want it!
Hi, what is considered as high premium for a generic silver one kilo bar?
+Harvey Tan considering you can get Perth Mint lunar kilo coins for just around $5 over spot and for generics around $1.75 I would say average of 2.25x per ounce.
need to update ...junk silver is not lowest premium anymore.. apmex,silver.com, provident.. premium is sky high..
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.
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.
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!
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!
Very circumspect!
The reasons to get into silver should not change what is the best. You want to protect your investment and to maximize your return.
What good bar to buy if going make my own bar?
Silver casting grains.
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
nice channel
what was the song
do you have a price you would unload your silver at
+D Smith I am saving my silver more like a retirement account. I will sell if I need to in the meantime but the end game is to cash out the day I retire from working.
i got two coins dated 1882 and 1923 for sale?
cool! put em up for sale on ebay!
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
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.
anymore I see some of the highest premiums on "junk silver"
you spoke about junk bins in store. how do you know if its silver or something that looks like ?
Well most coin stores won't be selling 'fake' silver. Typically if you ask them "Do you have a loose silver bin?" they will point you to a small box with random tarnished silver in it. You might get lucky and have a coin guy who doesn't know the value of a particular coin and throw it in there. I once pulled out a 2002 Year Of The Horse silver coin from the 'junk' bin.
thanks
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
if you have 999 silver junk or even sterling. is it still worth money if it is melted and hand pored into a bar?
there's not really .999 in junk silver. It has silver in it but usually like 90% silver.
The 90% Silver within the coin is pure silver. The other 10% of the coin is copper, which is added so that the coin can sustain the abuse of circulation. So basically junk silver is 90% pure silver 10% pure copper.
yes sterling is worth money if you melt it into a bar or not. Sterling is 92.5% Silver.