Since about the year 2000, there has been an increase in silver prices and virtually all currencies as well as in the number of individuals buying silver bullion bars and silver coins. Both during and following the Financial Crisis of 2008, the trend of online silver dealers both selling silver coins and buying silver coins back from the investing public has increased substantially.
Silver Bullion Coin buyers often believe Silver Coins offer:
A possibly undervalued asset class.
Defense against price inflation.
Insurance against financial system and bank failure.
Safety from fiat currency devaluations.
Private assets in an increasingly cashless and digitally trackable world.
Unhackable tangible stores of value that can be passed on to heirs.
A historically proven store of value, easy to exchange.
Finding trusted local or online silver bullion dealers who promptly deliver quality silver bullion coins and bars at fair and reasonable prices can be difficult.
We have been working in the silver bullion industry for over 40 years and seen many local and online silver dealers come and go.
When buying silver bullion online from silver dealers, the most important factor to consider is the experience and track record of the silver dealer you are considering buying silver from.
Which Silver Coins should you buy?
Silver coins, by industry definition, are struck and guaranteed by a sovereign government silver mint.
Often, buying silver coins at the lowest price per ounce possible is a goal of silver bullion coin buyers. We offer price discounts for large volume purchases.
If you believe the best silver coins to own are the most popular silver coins in terms of overall sales volumes, than perhaps buying the American Silver Eagle coin or the Canadian Silver Maple Leaf coin is your best option.
Every silver coin we sell in our silver coin dealer inventory is government guaranteed and highly recognized around the world.
Silver Bullion Coins
Modern silver bullion coins are typically made of .999 fine silver bullion. The range in silver coin sizes typically varies from 1 troy ounce to 1 kilogram silver coin weights.
By industry definition, silver coins are struck by government mints and usually have a legal tender face value from the nation or union from which they derive. In contrast silver bars are both struck by private mints and government mints. Silver rounds are by definition only struck by private silver mints.
Often investors are willing to pay a slightly higher price for silver coins given their ease of recognition, liquid two-way markets, and government guarantee or backing.
Silver Coin Prices
Virtually all .999 silver coin prices are influenced by the fluctuating spot silver price.
Typically, silver dealers set their silver ask price for a silver coin (what they are selling the silver coin at) just a few percentage points above the live spot price of silver.
Generally silver dealers set their silver bid price for a silver coin (what a dealer is buying the coin at) at, just below, or just above the fluctuating silver spot price.
Why buy Silver Coins?
After the year 2000, there has been a steady increase in silver prices in virtually all currencies as well as in the amount of individuals buying silver coins worldwide.
Since the financial crisis of 2008, the trend of online silver dealers selling silver coins and bullion bars to the investing public has increased dramatically.
It has become quite common for investors to buy silver coin online in order to better diversify against risks to their wealth and investment portfolios.
Where to buy Silver Coins?
When buying silver coins online from silver coin dealers, the most important factors to consider are the experience and track record of the silver coin dealer from whom you are considering buying silver coins.
Finding trusted local or online silver coin dealers who promptly deliver quality silver coins and silver bars at fair and reasonable prices can be difficult. Kitco has been working in the silver bullion industry for over 40 years and seen many local and online silver coin dealers come and go.
Why buy Silver Coins from Kitco?
Here at Kitco, you will find popular low silver coins prices that are recognized and trusted by nearly all silver coin dealers and investors around the world.
Since 1977, Kitco has been selling and buying silver coins, bullion, scrap, and other physical precious metals. We are the world’s #1 silver news website and a trusted online gold and silver coin dealer.
Want more information on how to buy and sell gold? How to buy and sell silver? Where to find a live silver coin price?
Please reach out to our first class Customer Service Representatives by email <email@example.com> or by calling them at 1 877 775-4826 (US and Canada) or at 1 514 313-9999 (Worldwide).