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{ 8 comments }
No.No.Yes.OK,No.
If you have internet access, which it seems you do, then buy it here:http://www.apmex.com/Category/503/Silver.aspxI’ve made several purchases over several months w/o problem.
There is a company that will do all of this for you, but for gold, not silver. http://www.goldintomoney.com/precious-metals/bullionvault-is-the-easiest-way-to-buy-sell-and-trade-real-gold
Gold, right now, is about $700-$800 an ounce and rising. If you can afford it…go for it. I don’t know where you could find it though. A jewelry store may be able to help you…or maybe a bank possibly.
you need to sell them, not redeem. so you cant go to a bank.coin dealer is probably best. go to several, get best price.
nice ideai do it too, i invest in gold because it’s a good promising investment better than stocks,bond and time deposit
bad idea to melt coins. Also a bad idea to sell or buy anything from a dealer; they make their money by scamming people who don’t understand the markets into paying to high a price and selling to for too low (they make the difference, of course).the historical ratio of silver:gold is 12:1. It is currently 65:1 so unless gold goes to $200/oz its a very good idea to buy silver. banks dont give $0.50 pieces. At least they don’t have to and I doubt they would if you asked. Besides they are not an investment, no one buys them for their silver.That said you have 2 options: 1) buy stocks. I know you say you don’t want to but if you buy SLV it tracks just the price of silver. Nothing else. So the only risk is if silver goes down in price. I would STRONGLY suggest this route.2) buy physical silver. Either a bar or old coins. This requires a significant investment ($10K+) usually though, which is why I recommend the former, you can do stocks with only $500. Also when you sell your silver coins you will pay art tax on the sales price (30%!!!) so it takes alot just to break even.
Try this sitehttp://www.nwtmintbullion.com/silver.phphope it helps.
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