An Essential Guide to Buying and Selling Silver Bullion

If you have never purchased precious metals before, you may not know where to start when you see the wide variety of gold and silver bullion coins and bars for sale . For first-time investors, silver bullion is a great way to enter the market. Silver is less expensive than gold, so you can obtain more bars or coins for each dollar you invest. This allows you to sell smaller portions of your overall holdings when prices are high. For more tips on buying and selling silver bullion, read on.

How to Buy Silver
Of course, you should make sure that you are purchasing your coins and bar from a reputable bullion dealer. Besides the standard coins and bars that can be bought and sold purely for their metal content, consider purchasing certified rare silver coins. Often, coins with historical or numismatic value, especially those made from silver, are worth much more than freshly minted silver bullion .

How to Store Silver
Because the weight to value ratio of silver is much higher than that of gold or platinum, the same dollar value of silver bullion will be heavier and take up far more space than bullion of these other precious metals. Consider investing in independent storage for your silver bullion in a secure location, so that you don’t have to worry about it being stolen from your home.

How to Sell Silver
Keep a record of the price of silver the day you buy your bullion. Except in dire circumstances, do not sell your silver at a time when the price is not substantially higher than the price you paid for the bullion. Always sell through a reputable dealer to ensure that you are getting the fair market price for your bullion, and the true numismatic value for your rare silver coins.

To buy, sell, or store silver bullion, call California Numismatic Investments at (888) 880-7101. Let us share our extensive knowledge of bullion with you to help you make the wisest investments for your income, budget, and needs.