There are many places to buy silver bullion and they are easy to find but it is not so easy to get a straight answer as to where you will find the best pricing. When is comes to buying silver bullion pricing is king. After all, you are getting the same exact coins and bars no matter where you buy your silver bullion. The only difference is going to be in the price.
This is where to buy silver bullion should you want to waste money. Just walk into your local coin shop and buy. Coin shops are known for paying under market and selling over market. Most coins shops are not going to be moving enough volume to create any sort of volume discounts on silver bullion coins. Many of these stores are owned by just one person who needs to turn a profit to stay afloat. You can think of it as the difference between buying something like bedding or towels or shoes at a mom-and-pop specialty store versus going to Walmart, except in the case of where to buy silver bullion it's the same exact product quality.
Where to buy silver bullion and pay just a little more than you should:
Go to Google and search for "silver bullion". Then buy from one of the people on the first page. It will be fair market pricing for an individual buying retail. It will take considerable time to evaluate each company's pricing. Most will have price-breaks at certain volumes. Most individuals don't buy enough volume at one time to get sizable discounts. There will be a mark-up over the spot-price and there will generally be a commission. There is nearly always some surprise fee that pops up right at the end, just as you are going to check out and after you've spent 2 hours trying to figure out the best pricing. Also, most of these dealers have a flat-rate for shipping and you over-pay for the shipping.
Right now with the trend in precious metals investing, these guys aren't looking to take a bunch of time to answer your questions. Most of them will have all their phone lines on hold with buyers waiting to make payment and you will see that your "novice" questions will irritate them. You may hear something like "Look, I don't have time to answer your questions. When you figure out what you want call us back". It is a seller's market.
Where to buy silver bullion for the best deal:
Find some old lady who happens to have some old coffee cans full of silver coins and she has no clue how much they are worth and you can offer her cash you can get a super deal. Craigslist will also bring up sellers of antique silver such as candle holders or flatware, etc. Mostly though, on Craigslist you will find buyers, not sellers. The good deals are gone right away and you have to be very quick to grab up those sellers who are just looking to get rid of their silver for some extra cash that they are desperate for.
Where to buy silver bullion at stable, low prices:
Silver and gold buyers' clubs are now popping into existence. These are basically groups of people such as yourself who have formed a group for the purpose of buying in larger quantities so that volume discounts can be had from the dealers. Each member puts his money in and all together the group purchases a large quantity. Someone has to administer the purchasing and shipping and such so usually these types of groups will have an annual or monthly fee. Having tried all the methods above this one seems to be the best way to buy silver bullion at a low price without having to spend tons of time searching, and without the headaches of surprise fees and high commissions,etc.
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