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Knowing how much silver is per ounce is only half the battle. Understanding the importance of owning precious metals, like silver and gold, as well as the most cost-effective way to buy and hold these metals is vital to being a good silver investor. The folks at Regal Assets are available to assist you with the information you need to be informed on gold and silver prices, buying silver and gold and of course how you can own silver and gold in your retirement accounts…and why you should.
If you’d like to learn more – Follow these quick and easy steps – Fill out your name, email and phone and one of our trade-floor brokers or other customer service professionals will call you and assist you with understanding more… should only take a few minutes and of course there’s no obligation.
Want to Buy Silver, Gold and Other Precious Metals In YOUR IRA??
We’ve been asked if there is any difference in buying gold and silver bullion directly from The Perth Mint or from any of our authorized Perth Mint dealers.
If anyone doesn’t already know, you can purchase bullion coins and bars from the Mint via telephone and now, with the launch of www.perthmintbullion.com, via the internet. Alternatively, you can buy from an official Perth Mint bullion dealer.
Our international dealer network offers clients all over the world the opportunity to deal with a local supplier. You may feel it is important to have a close relationship with your bullion supplier. It may be something as practical as relying on somebody who talks your language, or somebody who is open for business in your time-zone!
Our dealers place large wholesale orders, making them very competitive in the marketplace. You might even be able to save on freight and insurance costs if you’re able to pick up product from a local collection point. All these factors make it attractive for many buyers to deal with a supplier that’s well known and trusted in their region.
As in any industry, of course, there are also customers who like the ability to deal direct with the manufacturer. We aim to make this process as easy and convenient as possible with our established telephone and new ‘live-price’ internet sales services.
So yes, there are differences – but they both offer clear advantages to clients who must decide which is best for them.
While The Perth Mint’s Depository facility does not offer traditional safety deposit boxes, investors can store their coin and bar purchases with the Mint on an ‘allocated’ basis. This means the coin or bar is physically segregated from the Mint’s operational metal and identified as belonging to the investor. The advantage of this option is that the metal is fully insured by the Mint and investors have the comfort of knowing their metal is held in a facility with an extraordinary level of security.
The Perth Mint, home of Australian precious metals since 1899, produces gold and silver coins and silver bullion to suit all types of investment, and is a highly-regarded Australian institution. Please visit the offcial site for the actualized gold bullion price
Here is a little bit of history lesson for you – the 40 silver Kennedy Half dollars happened to be the very last silver coin that were regularly circulated to be manufactured by the U.S. Mint! Neat, huh?
40 percent silver coins are commonly available in bags. These 40 silver bags consist of various Kennedy silver half dollars that has a face valuation of $1000 or $500 and dated between 1965 to 1969.
* First of all, they are simply a cheap and simple way for you to buy silver. * Secondly, they will continue to be considered 100 % legal tender and will never ever be deprived of their face value. * And thirdly, as opposed to common silver bullion coins like the American Silver Eagle, they’ve got a tremendously low-premium!
These types of coins happen to be in tremendous demand from dealers nowadays, since they can often be purchased for as up to 1% below spot.
That is a real sweet bargain, especially with the cost of silver approaching record highs!
Here’s the catch though: the coins aren’t likely to be spotless like the freshly-minted Silver Eagle. Let’s face it, all of these half dollar coins are more than forty years old and tend to show the wear and tear of being in circulation for such a long period of time.
But, who cares whether it has got a few nicks and scratches! It is not what’s on the exterior that matters! Silver is silver, am I right? Irrespective of how old or scratched the coin looks, it’s nevertheless going to contain most of its silver content.
It’s super easy to buy 40 silver coin bags since they’re available from the majority of established, online bullion dealers. Conversely, it is possible to discover good deals via many of the major on-line auction sites.
In summary, in the event you are planning to obtain silver in the maximum cost-effective way as possible, the 40 silver coins are a fantastic choice!
Investing in silver in any forms can give you confidence of having a fiscal defense over the dwindling economy in any parts of the planet. Since time immemorial, silver has been considered as a means to exchange money.
Silver as a patronage has many so called “vehicles”. Investment vehicles of silver are coins and rounds, Exchange-traded products, certificates, accounts, derivatives, CFDs and spread betting, mining companies and bars or bullion. As the logic of investment goes, buy low and sell high. If you are about to sell your silver in any forms, you should sell them as high as possible.
Before you market your silver, be on familiar terms with the discrepancy between a bar and a silver bullion. Bars and bullion are commonly assumes equal or the same. They are also used interchangeably but it is not always the case. Actually, there are a number of differences between these two products.
Silver bullion and silver bar is viewed the same way but silver bullion is a weight and size of silver. Also, it also connotes to the fineness of silver. While silver bar is a definite type of silver bullion.
It is important to comprehend the differences so that when people ask, you know how to answer. Silver bullion can be in form of silver coin or silver bar. The bullion coin has a one set of weights while silver bar has a higher set of weights and this factor is indispensable in determining the value of your silver. Estimated value of your silver bullion must be determined beforehand for you to be able to discern if you are selling too low. Also, to easily tell if the people you are dealing with are counterfeit or not.
If you have identified the worth of your silver bullion, now is the time for you to sell it. If you know how and where to merchandise your silvery pieces, you’ll see that selling your items is not as difficult as it appear to be.
Trustworthy Coin DealersThe best way to sell your silver bullion is by transacting with respectable coin dealers. Coin dealers usually extend high prices but they only accept good quality coin silver and mostly they only procure silvery coins. Take note that not all dealers accept bars as these types weigh heavier.
Companies That Invest in Silver or Other Treasured MetalsFind companies that venture on precious metals and contact them. They may offer cheaper price for your silver bullion compared to coin dealers however, they accept even those silvers that are not in good condition or scrap silver. Scraps simply mean silvers that have lower percentage of purity. In addition, these companies also procure silver bars which other coin dealers and investors refuse to buy as they weigh heavier.
Live Auctions Or Online AuctionsGo online and join trustworthy online auction. Online auction is better than live auction for you will be able to catch the attention of more investors and collectors of silver. This will give you high odds of selling your silver bullion at maximum profit. It doesn’t matter what forms of silver you are marketing, online auctions are your finest choice when selling silvery items.
Silver bullion comes in different forms like silvery coins and silver bars. Both can gain you a high profit. Then again, these forms of silver bullion may differ on where you can sell them. Silver coins can be traded with the above mentioned places to market but only a few banks or investors and established coin dealers are willing to procure silver bars.
For beginners, the two best places to buy silver bullion are either from the U.S. Mint, which can be performed online via the Internet, or from a licensed coin dealer. There’s usually at least one dealer shop in mid-size to larger towns. Many dealers also now have websites for online viewing and ordering as well. However, keep in mind the Mint and dealers typically charge a premium for coins sold. So the pricing will usually be at least ten percent higher than the coin is worth per a bullion spot market price. This is how institutional sellers make a profit. Also, shipping costs and sales tax add to the expense as well.
Private sales are another option and the most popular ones occur on Internet auction sites or classified ad sales. Beginner buyers are well warned to proceed with a lot of research and caution as most private sales don’t really come with any safety net once a buyer’s money is sent. However, with silver coins a single coin purchase is not a major loss, relatively speaking, and it can be a good lesson on what to watch out for. Use of any kind of seller rating system is highly advised before sending money, and many auction sites include some kind of buyer protection plan. New buyers should make sure to understand all the rules involved and how they can seek a remedy if there is a problem.
Finally, many pawn shops also carry an assortment of silver bullion coins as former owners sell them to get quick cash. Many times a good number of silver bullion coins can be found in these stores, but premium charged on top of their worth tends to be fairly high, usually more expensive than just going to a regular coin dealer. However, if a buyer expect a major price increase in silver’s value soon, it could be worth the trouble anyways.
In all cases, a buyer should research the silver bullion item for sale. It gets easier with practice and prevents headaches. There are many reliable sources of silver, it is up to the consumer to seek them out.
It’s all about the silver spot prices in todays world
Silver Spot price is the amount printed on the silver commodities with which all the transactions are carried out while buying and selling. At present, this will help you to buy silver items. The current market trends and status affect the spot price but they do not function on their own. Precious items like silver are strongly affected by the future spotprice. If there is an escalation in the spot price of silver, it does not necessarily implicate that there is a high cry out ofsilver. The spot price can be very high as per the expectation of the traders. Most of the time the estimation of the traders indicate the price of silver which is expected to rise in the future.
The importance of silver commodities
For all those who are planning to buy commodities in bulk, it is important for them to keep an eye on the future price of the commodity in addition to the present market value. In such cases brain-work and cogitation work out well. The importance comes into picture as most of the times the suppliers and purchasers avert against the future modifications on prices of silver. Even before silver is purchased, theprice of silver commodities is decided off pre-hand. This is technically referredas commodity contract. A Silver commodity contract is a concurrence between the buyers and suppliers to buy a fixed amount of silver in a certain period with the price decided earlier. The price remains unchanged despite there is a rise or a fall at the same time.
Silver spot for profit maximizing
In this case the suppliers are at an advantage. They are ascertained with customers for their items even though there might be an increase or decrease in the prices of silver items in near future. The supplier is always assertive about the sale anytime. But on the other hand the buyers hope for increase in price of the commodities. The buyers can invest at a lower price and later sell off the commodities with the current higher price. This will lead to profit maximization as well as he will be able to conceal the difference arising from the real and the permissive price.
But in reality this situation is far more complicated. The investors don’t buy the contract but he sells it to the third party. The third party requires the contract before the term expires. There are certain factors which are overlooked while determining the cost of silver. Several strikes in the mining areas, reducedproduction of silver also attribute to the silver price. There has been a stiff rise in the demand for silver these days as it is not used only in the fashion industry. Photography industry, electronics companies and health care segments depend on the usage of silver in most of the cases.
The future market with silver spot
The silver spot prices are the medium in which the market expectations from the metal are expressed. It also determines how the future market will accord with the ups and downs in the production of silver. The silver spot prices are greatly affected by the demand and supply of silver items.
The Author is a financial analyst. She takes up the analyzing of the financial moves and the socio economic trends of the stock market of Silver Spot Price. Overall, she has six years of experience in finance, PR and Marketing, and excels as an Audit master.
If your like most investors you have thought about investing in silver, but all the promotional hype has made the process very confusing. The recent price run up of precious metals has made silver investing a hot commodity for many investors. Once you decide to invest in silver the next decision is what is the best way to invest. I feel it makes the most sense to invest in silver companies that discover and produce silver. This investment can be implemented by buying mining stocks that can be purchased through your brokerage account. The reason I find silver stocks attractive is because their highly leverage to the price of silver. Even after the recent spike in the price of silver, the metal is way below its all-time high of $50 an ounce. This means silver companies revenues and profits should continue to increase while expenditures stay relatively flat.
Focus on companies that are already producing silver as many of them are still prospecting and are not producing any silver at all and may never produce silver, which gives them a much higher risk profile. Some of my favorite silver mining stocks are listed below for your analysis. Please go over your stock ideas with your advisor before making any purchases. Also, I own some of these silver mining stocks and could increase or decrease my holdings at anytime.
At the top of my list is Silver Wheaton Corp (NYSE: SLW). The company acquires silver purchase agreements, silver purchase agreement is simply a right to receive a percentage of production from a mine. By investing in a silver purchase agreement, Silver Wheation buys a percentage of the metal produced from a given property in exchange for a front end payment, without assuming any responsibility for the actual mining operation. Thus, the Company does not have to contribute to the operating and capital costs at the mine. Silver Wheaton recently said it might start issuing a small dividend in early 2011.
Some other silver mining stocks to check out are: Pan American Silver Corp (NASDAQ: PAAS), Silver Standard Resources Inc. (NASDAQ: SSRI), Silvercorp Metals Inc (NYSE: SVM), Coeur d’Alene Mines Corp., (NYSE: CDE), Mag Silver Corp. (NYSE: MVG), Hecla Mining Company (NYSE: HL), Endeavour Silver Corp. (AMEX: EXK), Alexco Resources (AMEX: AXU), Goldcorp (NYSE: GG), Gammon Gold (TSX: GAM) and Excellon Resources (TSX: EXN)
I expect silver mining stocks to continue increasing in value, with corrections along the way, over the next 4 to 6 years. Picking the right silver mining stock to invest in will be the hardest part of your silver investment decision. Again, make sure to consult your investment advisor before purchasing any stocks.
Andre Bradley is a contributing writer to the website http://StockAdvice101.com. Looking for stock advice, stock market tips, and stock market strategies? Look no further, visit are site and discover for free the proven secrets to building a fortune using stocks.
The question of how much is silver worth is quite relevant when buying large quantities, but it’s just as important when buying single ounces of silver too. Thanks for this article, Andrew.
As the specter of massive inflation continues to loom on the horizon, buying bulk silver coins as an inflationary hedge has continued to boom in popularity. One of the issues for investors on a shoestring budget is that the smallest junk silver bag contains $100 face value of silver coins, resulting in a price well in excess of $1000 dollars. The other issue is that shipping costs & premium above spot can have you paying a lot more than the spot price of silver.
You can now use some recent changes in policy at eBay to your advantage when buying bulk silver coins. It seems that eBay is encouraging its sellers to offer FREE shipping to discourage them from gouging their customers on shipping costs. This means in many cases that you can now buy coins in any quantity from 1 coin to bulk quantities with no shipping costs. This is great news for small time investors on a shoestring budget trying to get the most bang for their buck.
Buying bulk silver coins is a good way to protect yourself against inflation & these old coins are as beautiful as they are valuable. No new 90% silver coins have been minted since 1964 & many have been melted for bullion value over the years. Demand for these coins continues to increase as the value of the dollar goes down. All this combined means that these coins will increase in value over time & help hedge you against losses in the short term.
There is no shortage of availability for bulk silver coins on eBay & you can now buy in small quantities without the paying for shipping costs as well. Paying an additional 5 or 6 bucks on a roll of silver quarters or halves is like paying 3-5% above spot. I realize that the final prices may go a little higher because people will pay a little more for free shipping, but eventually things should stabilize as people come to expect free shipping as part of doing the deal.
Shrewd collectors & investors will be able to use this new policy to their advantage!
Buying bulk silver coins has never been easier than now! All the coin listings on the Old United States Coins Blog are sorted so that only items with FREE shipping show up. You can save hours of time sorting through listings on eBay by taking advantage of my pre-sorted blog! You can find single coin auctions & auctions for rolls of coins. This blog will make it easy for collectors & investors on a shoestring budget to begin & increase their collections.
If you know how much silver is worth per ounce, then you’ll really enjoy this post from Dennis – Thanks!
Should You Sell Silver?
Silver is one of the most interesting commodities in today’s financial world. As a popular kind of investment, it’s often grouped with other heavy metals like gold and copper. Investors typically think of gold as the primary heavy metal, where silver ranks second, and other metals like copper, palladium and rhodium follow.
When it comes to investing in silver, both the purchase and the sale of this commodity should be considered carefully. There are a number of factors that will influence how your silver is valued and when you should sell.
Tax Considerations: Sell Silver According to Filing
When you think about selling silver, whether it’s raw bullion or crafted items, you should consider how the proceeds will fit into your annual tax filing situation. Tax burdens on yield are some of the most common issues for those who are looking to offload silver holdings. Take a look at your cost basis and all of your additional transactions during the year to see if a silver sale can be done at a low tax rate and with less tax liability.
Evaluating Physical Silver and Other Opportunities
Another reason to sell bullion or crafted silver involves a more sophisticated strategy of investment. Along with keeping silver bars and other silver items in physical deposit spaces, investors can also rely on many different kinds of speculative silver funds. Exchange traded funds or ETFs, or mutual funds including silver holdings, can be examples of opportunities for investing in silver without holding the physical metal – if you’re looking to move from a physical holding scenario to a fund based investment, it may make sense to sell some of your physical silver.
Raw and Numismatics Silver Values
For raw silver such as silver bars or bullion, it makes sense to track the actual per ounce price in order to know when to sell silver. Crafted items are little bit different. For jewelry that is made out of silver, silver coins, or anything else that is not a raw amount of silver, those who would like to sell should think carefully about the numismatic value, or in other words, the value of the crafted item over and above the physical amount of silver that is in it – in many cases, purchase and sale of coins, collectibles and other silver items are complicated by numismatic value. For example, if you pay a certain premium amount for crafted silver, selling it back at raw silver value will result in quite a bit of loss. That said, sellers should look at how much it originally cost them to acquire silver coins and collectibles.
Think about these issues, and you’ll have a firmer basis from which to consider the sale of silver and silver items.
How Much Is Silver Worth Per Ounce – Buy Bullion Today!
The value of precious metal bullion has always been tied to supply and demand: the bigger the demand for the precious metal, the higher the price will rise. Precious metal is a relatively small market that has the potential to fluctuate a great deal, so over the years, the price of gold and silver has seen sharp peaks and troughs in value.Because of the demand from industry, particularly from the emerging markets of the far east, the value of precious metals, and in particular silver, has seen steady rises in the last few years. As such, many experts believe that investing in precious metals like silver is an excellent investment opportunity, even for the novice investor.
However, due to the fluctuations in price of all precious metals, it is usually a good idea to spread your risk over several different metals. Instead of only buying gold bullion, diversify into silver, platinum and palladium to ensure you minimize your risk potential should the precious metals bullion market experience any unexpected downturns.
Investing in precious metal bullion is not always considered to be a good long term investment. If your money is tied up in gold and silver coins or bars, you will see no return until you sell them, plus you will also have the issue of safe storage to worry about. But many people enjoy the novelty of owning bullion in the form of coins, so it comes down to personal preference.
As well as storage issues, coins are sometimes considered a risky investment for different reasons. There are many sharp traders out there who are more than happy to sell sub-standard coins for an inflated price, so unless you are confident you can identify a quality product, it is usually better to avoid investing in collectible coins.
Gold, silver, and other precious metal bullion is considered a safe investment. You might not see spectacular returns if you treat bullion as a long term investment, and in some cases you might actually find you see a lower return than that offered by a high interest savings account, but since precious metals are always going to have a value, you are never in any danger of losing your investment completely.
Investing your money in shares and futures is always going to be riskier than investing in bullion. Mining companies can experience problems that affect the price of their shares, financial markets can crash, and the futures market is notoriously risky to those who are inexperienced at predicting which way the price of precious metals will go.
Most experts recommend allocating no more than 10% of your investment portfolio to precious metals such as gold, silver, and palladium. Ideally, your investment portfolio should be as diverse as possible, since putting all your eggs one basket is a recipe for disaster.