How to Buy Silver Bars

With the world in a unique economic situation, many are turning back to gold and silver.

Let’s look at some ways to buy silver bars online.

  • EXCHANGE
  • GoldSilver.com
    • Wide range of bullion, gold coins and collectibles
    • Transparent pricing
    • Ethical business philosophy
  • SD Bullion
    • Free shipping with a low order minimum
    • Good variety of semi-numismatic gold coins and collectibles

GoldSilver

buy silver bars

GoldSilver is an excellent choice for silver purchasing, storage, and sales. While shopping for your next silver purchase, you can actively track the value of silver to make sure you’re making a timely purchase.

The U.S. shipping, handling, and insurance is free of charge through GoldSilver on orders of $499 and over!

U.S. orders through GoldSilver that are under $499 will receive a flat-rate shipping fee of $25. This charge includes insurance and handling fees.

There aren’t any minimums with GoldSilver—only a standard flat-rate shipping fee for every U.S. order, regardless of weight or dollar value.

Shipping to storage facilities in the U.S. is free for orders over $499 at GoldSilver.

International vault storage options are available through GoldSilver at the following locations:

If you’re looking to receive an international shipment from GoldSilver, expect your charges to differ based on your package’s weight and destination.

Here is a link from GoldSilver’s website that will allow potential international buyers to gain more detailed information on their shipping process.

The point of buying gold online is convenience and accessibility. GoldSilver has its mobile app that allows users to stay connected with the company and consistently track your investment’s value.

Through using GoldSilver, you can expect the following:

Visit GoldSilver.com

SDBullion.com

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SDBullion.com is a good option for people who are new to gold investing.

It offers a good variety of products, fair prices, and some of the lowest order minimums in the industry. With SDBullion, you can make a purchase as low as $100 without getting dinged with shipping costs or extra fees.

They do not offer secure storage at this time, so this is only an option for people who want to store gold bullion themselves.

Visit SDBullion

Buying Silver Bars Online

In today’s diverse bullion market, silver bullion offers an economical way of owning silver in quantities that suit your personal budget. In the price comparison table above, you can find silver in a variety of weights from 1 oz to 100 oz. If you browse further to one of the bullion dealers’ sites, like GoldSilver or Money Metals, you can find silver bars ranging from 1 gram to a whopping 400 oz. Investors find silver bullion bars very popular and often prefer them over silver bullion coins for several reasons. Some common factors that push many towards investing in silver bars include:

Tips for a Good Dealer

These are some things you can look for when searching for a place to buy silver.

Where to Buy Silver Online

Learn all about how to buy silver online before you actually do it. This article provides advice about the different formats that you can buy silver, from my own experience as a silver enthusiast.

Silver Bullion Bars

Silver bullion bars are a cheaper way of buying silver and usually have lower premiums than silver coins and silver rounds. The first silver purchase I ever made was a 1kilo bar.

Where to Buy Silver Online

Deciding where to buy physical silver coins and silver bars is an important decision. After deciding what you want to buy, go to my Silver Coin Prices table or Silver Bullion Prices table, find the item you want to buy, and click the arrow at the top of the column to sort by price. Then, check the gold dealer ratings–indicated by the stars under each dealer’s name–to determine which dealer has the best combination of low prices and a good reputation. You should consider other criteria such as:

Junk Silver

Junk silver coins, or early US legal tender coins (nickles, dimes and quarters), actually contain silver. In fact, depending on the year and coin, some coins are up to 90% silver. The word, junk, refers to their collectible value, not the silver value. You can buy them by the bag, and they usually consist of early dimes, quarters and half dollars. You can also buy junk silver coins by the roll. 90% silver bags are listed on the Silver Coin Prices table.

Scrap Silver

Scrap silver is another way of accumulating silver. Here you can often get silver at cost price. You do need to know a bit about silver and what price you should pay for scrap. Old broken jewelery is a good source. Sometimes old silver coins can turn up as scrap silver. In this case always check if the coin has any collector value because if it does, it can be a lot higher than the silver content. It pays to do some research into the area if you intend collecting or accumulating scrap silver.

Silver Storage

Another way of investing in silver that reduces premiums and saves on shipping costs is by using a system where the silver is purchased on your behalf and stored in a bank vault for you. A drawback of this, however, is that you don’t physically posses the silver yourself, and dishonest warehouses could sell the same silver to multiple people. For this reason, I do not recommend storage; however if you’ve determined silver storage is the best solution for you, here are some reputable places that offer silver storage:

These services let you buy silver in virtually any quantity, from just a gram or two up to as many ounces or grams as you want. This is ideal for an investor because you can implement a regular savings plan that doesn’t break the bank. The silver is stored in a remote bank vault and is audited by an independent third party on a regular basis to ensure that the silver or gold in the vaults exactly matches the record of silver in the clients’ accounts. Most of these brokers also let you collect physical silver, if you choose to do so

Silver Exchange Traded Funds (Silver ETFs)

Silver ETFs are a popular way to buy silver, which I morally oppose. ETFs trade fictional paper silver (similar to paper gold), and without the ETF market, it would be pretty hard to manipulate silver prices as they do today.