Silver coins/rounds question

[babirl]

Those are pretty cool. If you want something a little cheaper you can buy them in copper.

...

I just bought a mess of these to give away to friends

...l

There are some of those exact Cu coins that have been spreading around the COS region too! Pretty cool and inexpensive way to give something to friends, patriots or a lil' lagniappe Cajun-style... (I ain't no cajun... Just know many!)

Provident also currently has a decent deal on 1-ozt OPM Silver/Ag rounds now if you don't have the powder to drop on a 10 ozt bar, want ten 1 ozt coins for a minimally higher premium or to add a few Ag rounds to justify/help offset shipping if you order some Cu coins: http://www.providentmetals.com/ohio-...-iso-9001.html.

The "big money" folks likely know better deals, but for ordering those Cu coins, adding a few pieces of Ag or even Au fractionals and <$20K, Provident remains a reasonable option. Yep, plenty of other dealers out there, but I haven't found these Cu coins "in bulk" anywhere else and those 1 ozt OPM's are a decent deal...

Note, much like the inflow of "evil" gun stuff into PR-KO, the demand for "physical metals" has been insane so don't expect next-day shipping, or even next-week shipping... I've personally never had an issue w/ Provident, your price is "locked" once you purchase but they're moving a lot of product so hurry up and wait.

B2

[sellersm]

They're in stock now!

http://www.providentmetals.com/dont-...ver-round.html

[Singlestack]

Hey guys, as a newbie precious metals investor, why is the premium % much higher for Silver than Gold? For example, I can buy 1 oz gold Krugerrands for about a 4% premium (2013 American Eagles for about a 5% premium), but the "Don't tread on me" 1 Oz silver rounds from Provident for about an 11.7% premium. Is this just higher demand for silver than for gold?

[rondog]

Hey guys, as a newbie precious metals investor, why is the premium % much higher for Silver than Gold? For example, I can buy 1 oz gold Krugerrands for about a 4% premium (2013 American Eagles for about a 5% premium), but the "Don't tread on me" 1 Oz silver rounds from Provident for about an 11.7% premium. Is this just higher demand for silver than for gold?

This is only my opinion, but you're paying a lot for "collector value" on stuff like that. I believe plain old nothing special rounds and bars will be cheaper, as long as they say ".999 fine silver" on them somewhere. And I've always dealt with small local coin shops, never any "supershops", pawn shops, or online dealers. Low overhead means lower prices, and no shipping costs.

I'd much rather have a 1 oz bar of plain silver for a cheaper price than a 1oz showpiece silver round that cost a lot more. I would also watch the spot price and buy on price dips if possible.

[electronman1729]

I got scammed this week and ended up with ".999 fine german silver"

be careful

[HoneyBadger]

I got scammed this week and ended up with ".999 fine german silver"

be careful

What's the difference? how did you get scammed?

[BigNick73]

What's the difference? how did you get scammed?

There's no silver in it. AKA Nickle Silver. You usually see it on ebay with the german part in fine print.

[electronman1729]

There's no silver in it. AKA Nickle Silver. You usually see it on ebay with the german part in fine print.

yep

Thats how i got scammed. Now i will only buy my silver at the tanner. I bought some at the last tanner and the deal went great.

In my Opinion the best way to buy silver is at the tanner gun show from people that dont have a shop so their overhead is really low and thus spot can be a little lower as well

[rondog]

I don't think I'd buy silver at a gun show, that sounds like a good way to get fucked over too. People melt old silver coins and sell them as bullion bars ya know, but that's only 90% silver. And pawn shop.....NFW. I usually go to Dave's Gold and Silver Exchange on Broadway, he's a good guy. Any coin shop will do, but that big place on Broadway, Rocky Mountain Coins, they don't impress me too much. They're too big and it looks like they have high overhead to maintain.

[roberth]

I prefer to buy silver at Tanner. I can see exactly what I'm getting, if I don't like the price from one vendor I can walk a couple of rows and see another vendor.