Determining where you should buy your silver from can feel like a daunting task. The truth is that there are a whole lot of more than reputable silver websites that you can choose from. If you really wanted to, you could even shop from a local brick and mortar silver dealer. If you look around, you are going to find that there is absolutely no shortage of different places where you can order any type of silver from.
Did you ever think that buying silver is some great, mysterious thing? Many people get scared of the idea of ever ordering silver because they think it requires getting involved in the stock market. This is a very usual are of confusion given that silver is often times referenced along with stocks and other types of commodities. While it is true that owning most commodities will actually require that you have a broker or somewhere else to trade, it is not at all the case with silver.
Where to Buy Silver Coins
The best place to buy silver coins is at a numismatic dealer. A numismatic silver dealer will place a heavy emphasis on the most collectible items in the market. When you buy from these types of websites, you are going to almost always end up paying a moderate to significant premium on every piece that you buy.
A silver coin is similar to, yet very different from generic forms of silver like bars and rounds. Since coins are produced in limited quantities and have a sizable collector base, they carry a much higher monetary value. If you want to buy the more basic varieties of silver coins, such as a common 2008 Canadian Maple Leaf, you will not need to buy directly from a numismatic dealer.
The one catch to buying from a site that focuses purely on the more collectible items is that you will have a tough time finding bullion. Luckily, however, most bullion dealers also offer a thorough assortment of coins to choose from. If you want high end, very rare coins, a numismatic dealer is where you need to go. For more basic and plentiful coins, bullion dealers are a great resource.
Where to Buy Silver Bullion
Silver bullion websites and dealers are actually less common than coin dealers. With that said, pure investors are just as interested in bars and other basic forms of silver as they are in collectible coins. The top bullion companies in the world are featured on this very site in a number of different locations. APMEX is the most well-respected, well-known, and recognized bullion company in the world. This is the perfect example of a silver dealer who offers many different coins, but also has a never ending supply of actual bullion.
The good thing about shopping for bullion is that you will have a relatively low chance of ever getting cheated. Most of the swindlers in the silver and precious metals industry are found in coins and other rare items. Though you should always be proactive in scoping out any dealer, the premier bullion dealers will never steer you wrong.
Where to Buy Silver Online
When ordering your silver online, you will have the easiest time if you are able to locate an all in one website that meets your needs. There are very few buyers who are so picky that there isn't a site out there that will offer them coins, bullion, and more all in one place. This is the true beauty of shopping for your metals online vs. in a store.
Online you will get stronger discounts, have much more to choose from, and it will be incredibly easy. As was out recommendation above, APMEX is the number one place to shop for silver over the internet. They are located in the United States, have a reputation that is bar-none (no pun intended) and will go out of their way to make sure that you are happy.
For the more avid coin enthusiast and collector, APMEX will still have a very big selection of items in their catalog. Due to the collectible element of these items, though, you will notice that may pieces tend to come and go, particularly graded coins. Sometimes the easiest way to find a certain coin is to simply look for it in Google. The more rare that an item is, the more digging around that it is going to take. Before you turn to searching around though, give APMEX a quick look, because if anyone will have it in stock, it's them.