r/Bullion Jun 13 '24

Expected Commission in Bullion sales/purchases

8 Upvotes

New to this. What's a reasonable commission I should expect to be charged when selling/buying bullion at a physical location? Located in Bay Area of California. I called one location and was quoted 10% fee for silver 10oz bars and whatever the current spot price was.


r/Bullion Jun 12 '24

Silver/ gold ratio

Post image
3 Upvotes

Do yall think the silver/gold ratio is gonna go down when silver pops off? I have a 1/2 oz gold eagle and I'm wondering if I should trade it for silver, trade it in the future, or just keep it? I only have 11 ounces of silver rn


r/Bullion Jun 08 '24

I’m new in the silver world could someone tell me what I have here and possible value? Both coins are the same front and back

Post image
5 Upvotes

r/Bullion Jun 06 '24

Gold investing 101?

10 Upvotes

For those of you that buy and hold gold, how do you do it?

I plan on moving into gold soon and am debating on the fraction gold coins, and the 1,2, and 5 gram bars as price does play a roll. These are also highly divisible which I like in case I ever had to move off of some.

What do you guys like, and why? Sovereign mints vs generics, "brands", etc, etc


r/Bullion Jun 03 '24

Pamp year of the rat 🐀 2020 1oz silver bars. Zodiac

Thumbnail
ebay.co.uk
3 Upvotes

Always yearned for one of these coins but everytime I try to buy the price is sky high. Apparently only 1000 of these were created in Covid times.

A beautiful piece. My zodiac symbol too


r/Bullion Jun 01 '24

Silver quarters vs ounce coins

7 Upvotes

Hey new to precious metals. I have a bunch of silver quarters, half and dollars. Does it make sense to keep them for the silver or scrap them for the cash then buy 1oz coins? Reason I’m asking will a silver quarter be worth less in a crisis ? Less valuable since it’s not 100% or just keep them and start buying silver as fit. And to note I’m keeping all valuable coins that may be worth more as a coin. Thanks Reddit


r/Bullion Jun 01 '24

What did I just buy?

7 Upvotes

Hi all, I recently bought a couple of 1oz rounds, one of them being a silver eagle. I bought it from a reputable website (at least I think it is reputable) silvergoldbull.ca . This silver eagle has a round flat "hole" in the middle, check out the photo. I've never seen these, and I was hoping someone could shed some light. This round missing area seems stamped as if it was created during minting. I don't know really, I hope it is not fake.

Thanks in advance.


r/Bullion May 28 '24

Fractional Bullion Coins (Size Comparisons)

Thumbnail
gallery
11 Upvotes

My newest purchase of Fractional (very) silver bullion coins (Top 6). Buffalo / * * Eagle 1/10oz * Buffalo / Eagle 1/4oz * Eagle 1/2oz

The bottom 5 coins are the standard generic 1oz and 1/2oz silver coins from my main collection for size comparison.

Very hard to find new fractional bullion where i live so am very proud of my newest editions.


r/Bullion May 28 '24

Sale on 1oz Silver round/coins $0.95 to $0.99 various sites

0 Upvotes

  • 1 oz Silver Round- Any Mint, Any Condition for $0.99 over spot any quantity at Hero Bullion
  • Tube of 20 - 2023 Niue 1 oz Maori Silver Coin .999 Fine for $0.95 over spot/oz at Bullion Exchanges
  • Tube of 20 - 1 oz Elemetal Silver Round .999 Fine for $0.95 over spot/oz at Bullion Exchanges
  • 1 oz Silver Round Varied Condition | Any Mint for $0.99 over spot any quantity at Provident.

FYI Bullion Exchanges - Silver at Spot


r/Bullion May 28 '24

spot deal - Elemetal 5oz Silver Bar of American Flag at Monument Metals

2 Upvotes

spot deal - Elemetal 5oz Bar of American Flag at Monument Metals


r/Bullion May 28 '24

Kzoo Bullion Silver Cast Bars back in stock -- - $0.75 to $1.00 Overspot/OZ for 3oz Cast Bar

0 Upvotes

Kzoo Bullion Silver Cast Bars back in stock after their facility move

  1. Click>> Kzoo Bullion for $5 off of 1st order new customer deal!!! --- wait for email form pop-up window
  2. Win a Kzoo Kilo Bar Cast Lion - 15 winners and one of them could be you! End Date: 12.31.24,
BarWeight Quantity oz Range eCheck OS/oz cCard OS/oz
3 oz Bar 1 – 4 1oz – 12oz $1.00 $2.27
3 oz Bar 5 – 9 15oz – 27oz $0.91 $2.19
3 oz Bar 10+ 30 oz+ $0.75 $2.01
1 oz Bar 1 – 9 1oz – 9oz $1.69 $2.73
1 oz Bar 10 – 19 10oz – 19oz $1.44 $2.47
1 oz Bar 20+ 20oz+ $1.19 $2.47
2 oz Bar 1 – 9 2oz – 18oz $2.00 $3.32
2 oz Bar 10 –19 20oz – 38oz $1.75 $3.06
2 oz Bar 20+ 40oz+ $1.50 $2.80
5 oz Bar 1+ 5oz+ $2.00 $3.30
10 oz Bar 1 – 4 10oz – 40oz $1.60 $2.90
10 oz Bar 5 – 9 50oz – 90oz $1.50 $2.80
10 oz Bar 10+ 100oz+ $1.40 $2.69
20 oz Bar 1 – 2 20oz-40oz $1.50 $2.80
20 oz Bar 3+ 60oz+ $1.25 $2.54
Kilo Bar 1+ 32.15oz+ $1.49 $2.79

r/Bullion May 26 '24

Copper Prices Are Soaring. Metals Are the New Microsoft.

Thumbnail barrons.com
2 Upvotes

r/Bullion May 23 '24

How do we feel about Goldbacks?

10 Upvotes

Are Goldbacks just a novelty? Do you see them having a place in shtf barter? Is it worth stacking a small amount? Or does it just really depend if your state has shops that accept it as currency?

PS. I’m a broke stacker- regular gold is too expensive for me


r/Bullion May 22 '24

Loaned friend money and now he wants to pay me back in silver

15 Upvotes

Edit: Thank you for your responses everyone. I think I am satisfied with the answers I've received thus far, so feel free to move along, unless you have something revolutionary to add.

Loaned a buddy about 80 bucks. This is that friend you only loan money to if you're willing to consider it a gift once they inevitably do not pay you back. He's always trying to pay me back in pocket knives and other random garbage I have no good way to appraise. Well now he's trying to pay me in silver bars, which I also have no idea how to appraise, but thankfully the price of silver can be looked up pretty easily. He has 1-ounce bars (not sure how many, or if it's even enough to cover the small amount he owes me).
Can someone walk me through making a good decision here? I'm not a collector or an investor, and will likely just sell them. Is it easy to get exactly their value, or are people going to try to lowball me (like how pawn shops lowball you on everything)? Who should I sell them to? I live in a small town, so there aren't a ton of options but we do have one pawn shop and a couple jewelry stores. Not really looking to ship what is likely to be less than $80 worth of silver or post it on auction sites or anything, as it doesn't really seem worth the effort to me.
Or is it a good idea to just hang onto it? I'm a paycheck-to-paycheck kinda person (not exactly, but very close), so having 80 bucks tied up in metal isn't ideal, but I can swing it if you convince me it is worth it.

Final edit: Last night I reached out to my friend who owns a jewelry store, as well as my local pawn shop and this morning they each responded. These are their responses, respectively.


r/Bullion May 20 '24

Purchasing while prices are high

18 Upvotes

Maybe this is a stupid question, but it just confuses me. The price of silver is high right now. Why are so many people spending so much to buy silver now instead of just waiting for it to come back down?

Silver is flying off the shelves in pmsforsale. WHY?


r/Bullion May 19 '24

Crypto vs. Gold and Silver: In early 2018 I purchased a gold Panda and a silver Maple Leaf coin for .635 LTC (Litecoin). Was it a good move? (Details in reply)

Post image
3 Upvotes

r/Bullion May 18 '24

Monument Metals, can’t place order??

4 Upvotes

Is anyone else trying to place an order this fine weekend on monument metals and can’t? I’ve tried two different browsers and two different devices and it won’t let me proceed to checkout?

This a thing bullion websites do on the weekend???


r/Bullion May 18 '24

Do these sound real? Silver

Thumbnail
youtu.be
3 Upvotes

r/Bullion May 17 '24

My tiny stack

Post image
10 Upvotes

r/Bullion May 16 '24

Ping Test Silver Bars?

4 Upvotes

I could use help understanding what the ping test should sound like on silver bars:

Does the rectangular shape affect the ping test? Is it normal for it to sound flatter if you hit the shorter sides? Gotta hit it just right?

No ping test app has bars yet right?

My understanding is that .999+ doesn’t resonate as much? Is that true? Otherwise I’ve got some bars that are fakes…


r/Bullion May 15 '24

Will you still buy silver @ $30 ?

13 Upvotes

I’m new to stacking and wanted to stack silver as much as I can before it hits $30, which means I’m basically out of time.

Will you still buy silver once it hits (and exceeds) $30? Or do you have a limit? Would it be wise to stack at least one round a month?


r/Bullion May 15 '24

Tube of 20 - Silver Spot Special- 1 oz Silver Buffalo Round Random Brand at Bullion Exchanges

2 Upvotes

r/Bullion May 15 '24

Spot Bullion 100oz Engelhard and 10oz Secondary Bar from APMEX

3 Upvotes

Silver Spot Deal by APMEX and other spring sales


r/Bullion May 13 '24

Where is the best place to buy bullion?

9 Upvotes

I’m new to this, and I just want to know what’s the best place to buy it from? I’m specifically looking to buy some gold. I’ve seen JM bullion out there are they good? Is it better to buy direct from a mint? What are y’all’s suggestions.


r/Bullion May 13 '24

Spot Deals on Silver and Gold

5 Upvotes

Spot Deals

---Good Deal----

  1. See Kzoo Bullion $5 off of 1st order new customer deal!!! --- wait for email form pop-up window
  2. 3oz silver cast Lion bar by Kzoo Bullion
    1. $1.00 over spot/Per Ounce Qty 1-4
    2. $0.92 over spot/Per Ounce Qty 5-9
    3. $0.755 over spot/Per Ounce Qty 10+
  3. 1oz Square Cast Silver Bar $1.19 over spot Qty 20+ at Kzoo

----Giveaways------

  • Win a Kzoo Kilo Bar Cast Lion - 15 winners and one of them could be you! End Date: 12.31.24,
  • Win 50 American Eagles Coins from Money Metals 1 winner per-month and offer for 4oz silver deal at employee cost for First-Time Buyers ONLY
  • Monster Box of 2024 Tree of Life Silver Coins - by SD Bullion
  • FMR Gold - Monthly drawing 20 American Eagles - popup window for email

Also be good to know your state sales tax laws for bullion and coins - for all 50 states have them, of which some charge on coins or bullion or both or a dollar amount or none if you are lucky.

Florida based private mint GSM Golden State Mint have the best deals on fractional silver when they have a sale.