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Old 12-06-2016, 08:23 PM   #1
roc21
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Default Want to start buying silver...

To stash away for future, and more likely to just pass to kids. Is the link/item below a good way to go? I plan on buyng just a few at a time. thanks

1 oz Silver Bar - APMEX | 1 oz Silver Bars | APMEX Silver Bar
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Old 12-06-2016, 08:32 PM   #2
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Definitely not the guru here on Silver, but for the price of the Apmex bar (approx $18) seems like you can go for a Silver Eagle for just a pinch more. Much more collected and valued when it comes to resell. But... Apmex is a trusted brand and I bet the silver bar you are looking at is a solid middle of the road purchase.
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Old 12-06-2016, 09:10 PM   #3
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Quote:
Originally Posted by roc21 View Post
To stash away for future, and more likely to just pass to kids. Is the link/item below a good way to go? I plan on buyng just a few at a time. thanks

1 oz Silver Bar - APMEX | 1 oz Silver Bars | APMEX Silver Bar
I try to buy stuff that is popular and easy to resell if possible/
Like I have said before if you by things that have a premium that premium will be passed on to who you sell to.
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Old 12-06-2016, 09:35 PM   #4
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There are a lot of factors to consider. As noted, the gov't issued 1oz coins, etc., will net you a premium when selling. When the price of silver is staying in a tight range, the generics, like Apmex, etc., will barely get you spot, maybe a bit more or less, depending on whom you are dealing with. Should we be lucky enough to see metals make some big upward moves again, the premiums on gov't issued coins will be the first to move higher as supply tightens and people who haven't paid any attention to metals will be far more willing to buy "official" silver coins vs. generic type stuff. Gov't coins are also somewhat protected to the downside as well. While generic stuff would follow a spot price of silver down to wherever (say $12/oz.), you'd see silver Eagles and other gov't coins maintain value and only slowly move toward a lower selling price. Both scenarios have played out in the past, and there are vids on YouTube from people who were active in the markets during big drops over a decade ago, as well as the huge moves upward.
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Old 12-06-2016, 09:43 PM   #5
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So these(link) would be a better buy in the same price range?
Buy 2017 1 oz Silver American Eagle BU | American Silver Eagles | APMEX
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Old 12-06-2016, 10:07 PM   #6
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if i was to offer any advice i would say this:
Buy what YOU like
buy .999 NOT .925
buy 1 ounce for now not 2/5/10/20/50/100 oz
LEARN about how it works and why you want to do it

shoot me a message if you have specific questions


Mike
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Old 12-08-2016, 06:51 PM   #7
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Originally Posted by roc21 View Post
So these(link) would be a better buy in the same price range?
Buy 2017 1 oz Silver American Eagle BU | American Silver Eagles | APMEX
Yeah that is what I would buy if you are stashing them away, but if you are going to do a full tube of 20 you can actually get a better deal from them on ebay

SPECIAL PRICE! 2016 1 oz Silver American Eagle Coins BU (Lot, Roll, Tube of 20) | eBay
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Old 12-09-2016, 07:56 PM   #8
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Originally Posted by Spider-Fan View Post
Yeah that is what I would buy if you are stashing them away, but if you are going to do a full tube of 20 you can actually get a better deal from them on ebay

SPECIAL PRICE! 2016 1 oz Silver American Eagle Coins BU (Lot, Roll, Tube of 20) | eBay
Um. This is a great deal. Thank you for the heads up. I even earned 2% into my brokerage account by paying with my CC.
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Old 01-08-2018, 11:34 PM   #9
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Default Apmex

Don't they charge like $9.00 for shipping?
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Old 01-09-2018, 11:44 AM   #10
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Originally Posted by goyankees08 View Post
Don't they charge like $9.00 for shipping?
I typically don't bother with Apmex unless it's an eBay deal w/shipping included. Check out JM Bullion and Provident Metals as they offer free shipping on $100 orders+.
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