My first silver buy

[Wheeler78]

Ok guys be honest here's my first silver buy I don't feel like I did to bad bout 13-14$ over melt here's what I got:4 40% war nickels
5 silver dimes
5 silver quarters
1 40% silver Eisenhower dollar


Total I paid was 65. Bad deal, ok deal, great deal? All comments welcome thanks guys

 

[irishfan]

Ok guys be honest here's my first silver buy I don't feel like I did to bad bout 13-14$ over melt here's what I got:4 40% war nickels
5 silver dimes
5 silver quarters
1 40% silver Eisenhower dollar


Total I paid was 65. Bad deal, ok deal, great deal? All comments welcome thanks guys

If it is by today's melt value then I would say you overpaid a bit. However, I don't think you did horrible. Unfortunately, people are pricing silver for what it WAS and not what it is right now. A lot of that is because people bought a bunch at $30+ an ounce and it got do $26 and they were trying to not lose their butts. Now, I buy it as a secondary source of savings and primarily to give my son when he grows up. I have absolutely no intention of ever selling the silver I have bought while we are under our current economic system. Good luck!!

 

[sgreen3]

I agree with irishfan, from what I have been told by a few investor buddies of mine silver is a life long investment. Not something your likely to just turn around an make a quick buck on. All my silver is in bullion that I just leave in the safe an I never even hardly look at it. Although it looks like you overpaid a little, Just take it and stick it away. It will go back up in value just may take a while.

 

[Wheeler78]

Thanks guys I figured a overpaid a bit it's just hard to find I'm not to sure bout buying over the net I'm to worried about fakes.

 

[Trigger Time]

For some reason silver sells high on eBay. I've decided to sell of some of my silver stock in order to invest in some other things I see as becoming even more valuable in the near future. But silver is a good investment. Got most of mine when it was around $11 an ounce.

 

[jedi]

Thanks guys I figured a overpaid a bit it's just hard to find I'm not to sure bout buying over the net I'm to worried about fakes.

Silver, Silver Bar, Silver Bars, Silver Bullion, Gold and More - APMEX.com
is a reputable online company that you can buy from.

 

[BfBlair]

JMbullion.com is another reliable online source. Prices sometimes better than the large providers from a small company. They are also a sponsor of The Survival Podcast.

 

[stlaser]

coinflation.com for pricing......

 

[Brandon]

Don't fall for the "commands a high premium" on things like 10 oz bars. You will most likely pay higher then spot per oz at a typical shop, but some of the prices people want for a simple 10 oz bar is just crazy.

 

[mdale]

Just bought some silver on the nice dip today from ProvidentMetals.com- good prices.

 

[Wheeler78]

Got some from silvertowne today seems like their prices are way better than eBay by far. $5 face value 90% for under $100

 

[Spudgunr]

Got some from silvertowne today seems like their prices are way better than eBay by far. $5 face value 90% for under $100

Thank you! I've been watching, and I HAVE been paying the ebay premium a bit (I will NOT go over 22 times face though). It seems with silver dropping, the premiums have gone UP on ebay! I've gotten some 1 ounce bullion, still looking for another $5 or so in dimes for not too much money, I will check that place out.

 

[Wheeler78]

Thank you! I've been watching, and I HAVE been paying the ebay premium a bit (I will NOT go over 22 times face though). It seems with silver dropping, the premiums have gone UP on ebay! I've gotten some 1 ounce bullion, still looking for another $5 or so in dimes for not too much money, I will check that place out.

Its a mix of all coins not just dimes check some youtube videos to see what u get when I get my order ill post what I got