Buy Silver Bullion - Silver Bullion Coins
Buy Silver Bullion - Silver Bullion Coins
Buy Silver Bullion - Silver Bullion Coins
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Home Page > Finance > Investing > Buy Silver Bullion - Silver Bullion Coins
Buy Silver Bullion - Silver Bullion Coins
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Posted: Jul 18, 2010
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What is the best way to put a few gold an silver coins aside in my IRA, and be kept safely offshore?
If you’re looking to buy silver bullion then you’ve probably realised that there are several advantages to buying coins in this type of precious metal.
Not only is silver bullion a much cheaper option than buying your bullion coins in gold, but silver is also a much rarer metal so it holds that scarcity value as well!
There is also much history behind the silver coin – They are recorded the oldest mass produced coinage in history and have been used since the times of the Ancient Greeks.
There are many factors that actually determine the value when you’re looking to buy silver bullion coins. Things such as rarity, their current demand, what condition they are in and also how many are currently in circulation can all affect the asking price of all silver bullion coins.
Buying silver bullion is also a great investment because it stays quite stable in times of inflation – Silver is always a pretty reliable investment to make which adds to the attraction of buying silver bullion coins or bars.
Any other reasons to buy silver bullions?
Yes, just a few! Here are but a few reasons to go for silver
- There is often a very low difference between the buying and selling price of silver
- Silver is a scarce metal as we mentioned above so it will always hold value
- Silver is also easy to break down and manipulate to whatever the buyer wants to do with it, therefore it is pretty easy to sell.
A list of the most common silver bullion to buy include the Canadian Maple Leaf (which is the purest coin at 99.99% silver), the Mexican Libertad, Chinese Panda, American Eagle and the Australian Kangaroo.
Ok, so now that we know why we should buy silver bullion..What about where we should go about purchasing these scarce coins?
Well as always you have the option of checking out dealers of precious metals and even some banks may deal in silver bullion coins. However, if you want to save time or if you’ve already exhausted these options, your best bet is to investigate online.
You’ve got a huge choice of places that deal in bullion coins online but the place I’d most recommend you buy silver bullion is a site called bullion411.com which contains tons of useful information on buying silver coins and allows you to bid on a wide range of gold & silver bullion coins in an auction format. This virtually guarantees you’ll find the coin you’re looking for at a fantastic price!
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Check out bullion411.com for the latest and greatest silver bullion coins & bars to buy at cheap auction prices.
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When purchasing of silver bullion bars, it can be done through silver dealers. However, they usually trade in small quantities only. If you wish to buy bulk silver bars, the best way is to purchase from online dealers. You can also find online dealers that offer bars at low premium.