Buy Silver Top Picks
Silver coins and bars are popular investments and collectors’ items. Silver coins have been used as real currency for thousands of years. The value of gold often meant that most working people throughout history never would have touched a gold coin. Silver came into use as a more common coin. To this day, silver is still an effective way to store value long term and by far the most popular precious metal. Check out the most popular silver coins and silver bar investments made by Silver Gold Bull customers right here.
Investing in Silver
Silver investments are a safe haven for anyone concerned about the long-term value of their money. Silver reliably preserves its value against inflation. Investors should be warned that the silver price can be volatile on a day-to-day basis. That gives active investors an opportunity to earn money on short-term investments, while long-term investors can use other strategies to overcome silver’s ups and downs. If you’re interested in making silver part of your investment portfolio, with our Investor’s Kit.
Silver Price in Canada
Before you starting investing in silver, learn about the price of silver and why it makes sense to buy silver online. The price of silver coins and silver bars is based on the spot price of silver, the price silver bullion trades at that moment in time. There’s a premium on all silver coins, silver bars, and silver rounds on top of the silver spot price. Premiums cover the cost of minting and selling silver bullion.
Silver coins are made by national mints. Coins like the Canadian Silver Maple Leaf or American Silver Eagle are silver bullion coins and are priced closest to the spot price with smaller premiums. Private sources and national mints will often release collectible silver coins with unique artwork based on national heritage, historical events, or pop culture phenomena like Superman and Looney Tunes cartoons. These make great gifts for coin collectors. You can always find deals on silver coins from Silver Gold Bull, too. Save on the cost of silver coins by keeping an eye on our deals.
Silver bars have lower premiums because they cost less per ounce to mint. Most are privately minted, though some nationally-minted silver bars are available from the Royal Canadian Mint and Australia’s Perth Mint in limited quantities. You can buy silver bars in various sizes, including 1 oz silver bars, 5 oz silver bars, 10 oz silver bars, 100 oz silver bars, and KG silver bars.
Buy Silver Online
Another way to keep premiums down when you buy silver is to buy silver online. Besides the new deals we constantly offer at Silver Gold Bull, we also have lower premiums over the silver price because our costs are lower. You can also qualify for free shipping on orders over $500 or above.
Silver Bullion Storage
Investors will quickly find that they may not have the space to store silver in their home. Because you can buy more ounces of silver than other precious metals for the same amount of money, space in your safe quickly becomes a concern. There’s also the risk of home burglary if you keep your silver coins and silver bars at home, even in a safe. The securest way to store silver coins and bars is in allocated and segregated storage for silver bullion that’s insured and audited. That means your silver coins and silver bars are stored separately from our other clients’. At Silver Gold Bull, we take investing in silver seriously.