Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,143,236 members, 7,780,458 topics. Date: Thursday, 28 March 2024 at 02:48 PM

How To Purchase Silver Coins And Bullion - Nairaland / General - Nairaland

Nairaland Forum / Nairaland / General / How To Purchase Silver Coins And Bullion (2204 Views)

Royal Canadian Mint Silver Coins / Speeding Armored Vehicle Escorting CBN Bullion Van Crashes In Calabar. Photos / Silver Coins (2) (3) (4)

(1) (Reply) (Go Down)

How To Purchase Silver Coins And Bullion by crystalwaston: 9:46pm On Mar 05, 2019
A person who is willing to purchase a silver coin or bullion for the first time is not as easy as it looks. There are lots of confusion might pop up in your head before buying the silver coin. In this blog, we are going to discuss how you can purchase silver coins and bullion without any hassle.

Nowadays, financing in silver is one of the most reasonable investment you can take to protect your assets and secure true wealth. So let's look into the facts about how you can buy silver coins & bullions...

Type of Silver You Should Buy

For your information, you should call the dealer and ask the questions you have in your mind. Then choose to buy one. Here are some types of silver you should buy...

1. Silver Bullion Coins

Bullion coins are entirely supported by the host state and will always ensure the purity and weight of the bullion coins they provide. For example, the most known bullion coin on the world, the American Silver Eagle, are produced by the US mint and is accepted globally as a silver bullion standard.

Government-owned mints from another side of the countries like:

• Perth Mint offers the Australian Silver Kangaroo & Kookaburra
• Royal Canadian Mint provides the traditional Canadian Silver Maple Leaf
• Austrian Mint AG provides the Austrian Silver Vienna Philharmonic
• Mexican Mint provides the Mexican Silver Libertad

2. Silver Bars

Another best way to get silver is buying bars. You will get more excited when you buy silver bars for the first time. Also, the cost is more inexpensive than silver coins. The bigger silver bar you buy, you can get more benefit.

An important fact that these silver bars are not supported by the government like silver coins and are produced by private mints. You have to be careful before buying silver bars because there is a higher risk of getting counterfeits distributing in the market. There are a couple of weights are available in the market - 1 oz, 10 oz, 100 oz, and 1000 oz.

3. Numismatics

If you are a collector or a stacker, only then you should buy this silver. Numismatics is the usual word for coin collecting. If you are an investor, remember these silver coins have rocket-sky premiums and you might have to spend more for their age, rarity, or shape than the real and traditional silver coin.

4. Paper Silver

So let's end this blog with paper silver. Paper silver is referred to as a silver that is not visible or real. they often come as by pooled accounts, the future contracts, silver ETFs, and stocks. But beginner investors must be conscious of the risk associated in keeping silver documents.

The most popular form of silver paper is a pooled account. It is popular at investment firms and large banks. Your purchase in silver will be merged with other investors, and like bank deposits, there is normally just enough visible silver coin or bullion in storage to meet proposed withdrawals. Other common ways to buy are silver ETF’s sold on the stock market which monitors the silver rate such as ProShares Ultra Silver AGQ or iShares SLV.

For more details, visit LPM.HK or give us a call – our experts would love to talk to you.

Re: How To Purchase Silver Coins And Bullion by sophiearnold42: 3:28pm On Aug 21, 2020
Yes, I must agree to invest in high-grade silver bars is much more pleasant. They look more pleasant and will be much more expensive.
Re: How To Purchase Silver Coins And Bullion by Octopus3000: 3:30pm On Aug 21, 2020
And no one can suggest a very good service through which you can buy coins or silver bars? I really want to invest in silver, but I really don't know where to buy it.
Re: How To Purchase Silver Coins And Bullion by benjaminnash56: 3:38pm On Aug 21, 2020
Octopus3000:
And no one can suggest a very good service through which you can buy coins or silver bars? I really want to invest in silver, but I really don't know where to buy it.
Thanks for such a helpful and quality article on silver. I learned a lot of useful things for myself from it. Do you sell silver metals or do you just know a lot about them? I personally love jewelry and precious metals very much. As far as I know, the price of silver has now dropped and is likely to rise again in the near future. So in my opinion now is the perfect time to buy silver. I can advise you to buy silver bars because they have a higher value, but they also cost more. Buying coins in my opinion does not make much sense, in my opinion the metal itself is much more valuable. Although if you buy very rare collectible coins, then perhaps they will rise in price even more.
Re: How To Purchase Silver Coins And Bullion by earnit4: 6:15pm On Aug 21, 2020

Re: How To Purchase Silver Coins And Bullion by Willie2321: 8:14pm On Aug 24, 2020
benjaminnash56:

Thanks for such a helpful and quality article on silver. I learned a lot of useful things for myself from it. Do you sell silver metals or do you just know a lot about them? I personally love jewelry and precious metals very much. As far as I know, the price of silver has now dropped and is likely to rise again in the near future. So in my opinion now is the perfect time to buy silver. I can advise you to buy silver bars because they have a higher value, but they also cost more. Buying coins in my opinion does not make much sense, in my opinion the metal itself is much more valuable. Although if you buy very rare collectible coins, then perhaps they will rise in price even more.
Yeah I believe it's perfect time to buy silver. I have already invested a big amount of money into silver!
Re: How To Purchase Silver Coins And Bullion by MapleLand2021: 6:16am On Feb 25, 2021
Please where can I buy silver bars in Nigeria

Am so scared and won't want to buy counterfeit ones

Any measures

Willie2321:

Yeah I believe it's perfect time to buy silver. I have already invested a big amount of money into silver!
Re: How To Purchase Silver Coins And Bullion by halifab: 5:58pm On Oct 06, 2021
I have silver for sale. Contact me 08092579720

(1) (Reply)

Where Can I Get This? [Pics] / Graphic Photos: Guy Murdered His Girlfriend And Took The Heart (wicked World) / 10 Phrases That Will Confuse You If You Are Not A Nigerian

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 23
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.