I Tried to Buy $70 Silver... Here's What I REALLY Paid! video by Silver Seeker.
Summary:
You went to multiple coin shops after silver dropped to $70 and found out what it actually costs to buy in the real world, including premiums and price differences across dealers.
Here's a video that coin collectors, or stackers, should view.
Here's the video's description:
In this video my bullion dealer Silver Dave of Local Silver Mint shocks me with his claim that more and more local coin shops do NOT want to buy back stackers' gold and silver. Why did TWO coin shops close to Silver Dave refuse silver sellers when they tried to sell their bullion? What will happen when the spot price of silver rises dramatically? What happens when dealers close their doors and won't buy back silver and gold? Watch as Silver Dave and one of his more vocal customers shares their thoughts on what's coming with stacking silver and gold and the best exit strategy to have with one's bullion. Are YOU concerned about selling your silver back to a bullion dealer? Join Silver Dave and I as we dive DEEP on his shocking warning and what to do about it! Never before has stacking precious metals been as important to do as it is today. Protect yourself from out-of-control governments, evil central banks, and the failing US dollar's grip as the world's reserve currency. Make sure you build a stack of silver rounds, silver bars, silver coins, and gold coins as essential barter and wealth preservation!
Be sure to read viewers' comments!
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| Above, a 2023 American Silver Eagle. Photo by Armand Vaquer. |
Back in November 2022 and in June, I posted a list of coin dealers I regularly purchase from. All of them are reputable. I am re-posting the list.
Since silver COMEX spot price is down about $21.76/toz (at this writing), now is the time to buy more silver. Prices vary, so shop around.
So, here is the list of dealers:
Universal Coin & Bullion (they advertise in NRA's American Rifleman magazine)
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| Above, a 2023 American Silver Eagle. Photo by Armand Vaquer. |
Back in November I posted a list of coin dealers I regularly purchase from. All of them are reputable. I am re-posting the list.
Since silver is down to the spot price of $22.495/toz (at this writing), now is the time to buy more silver. I just did from one of the following dealers. Prices vary, so shop around.
So, here is the list of dealers:
Universal Coin & Bullion (they advertise in NRA's American Rifleman magazine)
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| Above, the 2023 King Charles III Silver Britannja, |
A little while ago, I noticed that the spot price for silver is down about $.65 (give or take). It is a good time to buy some.
I checked with one dealer and due to the drop of the spot price, their prices were lowered accordingly. I had bought a silver King Charles III Brittania about a week ago (pre-order) and it was a couple of dollars more than today's price. So, I pre-ordered another at today's price.
Once one orders, the price is locked in for about 10 minutes (they have an online timer), so even if the spot price rises, it's locked in once the purchase is completed.
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| Above, an 1890 Morgan Silver Dollar. Photo by Armand Vaquer. |
I have always been a coin collector, but since Bidenflation is eating away the value of paper currency, precious metals are the way to go. Gold is too expensive for me, so that is why I am concentrating on silver.
I shop around looking for deals. Some coin dealers are more reasonable than others. It is best to shop and compare prices.
The dealers I have been using include:
Universal Coin & Bullion (they advertise in NRA's American Rifleman magazine)
