Of course, many choose to store their Silver in their own vaults or lockboxes at home, as well. For a small fee, you can store it with a trusted third party such as Citadel (a service offered by APMEX).
There are many factors and options for this. APMEX has been on that shortlist since 2014 and is in such good company as Deutsche Bank, Scotia Bank and Fidelitrade, to name a few.įinally, prepare for how you will securely protect and store your Silver. For example, The United States Mint does not sell directly to the public but offers a list of Authorized Purchasers. Next, do your research and identify a reputable seller. If you’re buying Silver bullion, choose between Silver coins, bars and rounds (they look like coins but carry no face value and are not backed by a sovereign government as currency). Second, determine the form in which you’d like to buy.
There are several types of Silver, ranging from scrap to bullion products. It's definitely a fun game and has enough replay value for the price. First, decide what kind of Silver you’re interested in buying. You'll get your money's worth off-sale, but you aren't missing out on anything if you wait for a sale It's still early access.
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