Buy and Sell Silver Coins

I’m often asked how to buy and sell silver coins. It’s not a precise science and not all silver is created equal. More often than not, most people in the investment and speculator market need to learn how to buy and sell silver coins from an expert. Precious metals dealers like United Gold Direct, do just that.

What do I mean by not all silver is created equal? Few people understand the subtle differences between; numismatic silver, semi-numismatic, bullion silver, proof silver, raw silver, etc. As a potential investor, it’s very important to understand these differences as the choices you make will have varying effects on the silver portfolio you build. The precious metal portfolio managers at United Gold Direct understand these subtle differences and provide you guidance in building the right portfolio to meet your needs and objectives.

When it comes to; how to buy and sell silver coins, one must rely on an expert. For example, numismatic coins are often referred to as “pre-1933” referencing their inability to be subject to the confiscation act of 1933. These coins are the most sought after for collectors for both their intrinsic and silver value. As almost antiques, they simply can only be found in very limited quantities. The laws of “supply and demand” dictate the pricing and investment value of these types of coins. However, to be truly numismatic, these coins are generally ‘graded’ by one of the two nationally recognized grading agencies. Once graded, these coins are ‘scabbed’ or encased in hard plastic cases, hermetically sealed, to prevent tampering or a loss of value. These slabbed coins almost always bring higher values as their authencity and quality is not questioned.

The term “semi-numismatic” generally refers to older coins that are not graded and slabbed by one of the two grading agencies, but carry a value of at least 15% over face value, again driven by the laws of supply and demand. To understand these subtle differences is the beginning of understanding as to how to buy and sell silver coins.

Bullion coins come in a variety of types, minted from various countries around the world Bullion generally refers to the silver value as defined by weight, however some of these coins may actually be legal tender where other coins are simply a precious metal version of a medallion. Before you can learn how to buy and sell silver coins, you must understand exactly what you are considering or viewing. Are you holding in your hand, currency or are you holding its weight in metal? The differences need to be clear. Rely on an expert, like those at United Gold Direct to help you through this process. Never settle for less. As with all investments, purchasing gold may have some perceived risk. Go the experts who can mitigate that risk for you. Go to United Gold Direct.