Silver coins and bullion are a popular choice of investment for individuals looking to protect their assets against economic uncertainty. Unlike paper investments like stocks and bonds, silver coins are tangible assets that can be physically possessed and held in one’s hands. They’re also a safe haven in times of economic turmoil as they are not susceptible to inflation like paper money. Silver is a proven store of value that has been used as money throughout history.

There are a number of ways to buy silver coins, from local coin dealers and pawn shops to online retailers such as APMEX. The important thing is to find a trusted seller who will give you a fair price for your purchase and provide a competitive rate of return on your investment. Find out https://www.goldcore.ie/our-products/silver-coins

Typically, bullion coins such as the American Silver Eagle have a premium of around ten to fifteen percent over the silver spot price. However, investors can often find junk silver coins that have no numismatic value at a much lower price point of just 1-3 percent above the spot price.

Silver Coins vs. Silver Bars: Making the Right Choice for Your Investment Portfolio

While investing in physical silver is a popular option, some people prefer to invest in so-called “paper silver” such as silver-based ETFs and silver mining shares. These investments are based on a promise to deliver physical silver in the future and have some of the same risks as other financial products that may not perform as expected. Despite the risk, many silver investors choose to purchase physical metal over paper products because it is easier to sell in a time of need and offers some protection against inflation.