How to buy silver at the spot price?
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How to buy silver at the spot price

The main way to buy silver at or below the spot price is to find a good, reputable dealer who sells bags of all “scrap silver” – these are heavily worn silver coins from the early to mid 20th century, which are usually in too bad condition to they were worth reselling in person, but not old enough to be valued, like sometimes even very worn items from the start of the day.

How is the silver spot price determined

Other important indices that can affect the glowing spot price are: Stock Markets.
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inflation or deflation
Interest payments
High oil prices and flatulence

Will silver ever reach $100 an ounce

If inflation continues to wake up and reach the double digits of 20, a price of $100 an ounce of silver could be possible. Consider that we are seeing interest rate inflation averaging around 5% in 2021, the highest since 2008.

How much is a 1oz silver coin worth

1 Oz Silver Coin (BU) – 0.999 Purity (Design of Our Choice)


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How much over spot should I pay silver

If you want to find the cheapest place to get cash online, look no further than Gainesville Coins! Line: bottom Calculate about 5%-8% of the described spot price for bars, ie. about 12%-20% above investment coin fund.

See also  What is the pennyweight of an ounce of gold?

What is the highest spot price for silver

The historically significant price of silver in US dollars was estimated at about $48 per troy ounce in late April and early May 2011. $30 an ounce in 1980 most likely equals $100 for every dollar ounce today. This is usually the true all-time high for making money.

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