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Silver Bullion - Silver
Dealers
Finding reliable or honest silver dealers is of critical importance to the
successful silver investor. He/she knows that there are several entities out there that are more than willing to
sell fake silver, charge excessive fees,
etc. This is the bad news. The good news is that there are steps you
can take to protect yourself against unreliable dealers (or dealers that will not serve your best
interests):
Step 1: Avoid Paper Silver -
Paper silver should be avoided like the plaque itself.
Silver
Bullion is of the opinion that most forms of paper silver present unacceptable risks,
especially if one considers the following: Physical Silver vs. Paper Silver.
Any dealer that offers you paper silver should not go on your list of reliable or honest silver
dealers.
Invest in precious
metals today! Contact us for
details.
Invest in precious
metals today! Contact us for
details.
Step 2: Use your Common Sense -
Common sense is one of the greatest weapons you can deploy in your search for reliable or honest silver dealers. E.g. one of the first signs that you should stay clear from a relevant
dealer is when he/she charges you a price for silver which is at a ridiculous premium to the
spot price of silver. Silver
Bullion is aware of at least one instance where 1kg of silver with a purity of 999.99, which
equates to 32.1507466 troy ounces of silver, is sold for $2850
(at the time this was written). Now that equates to a massive premium of well over 200% above and over the true
value of the silver content, which is ridiculous to say the least whatever your purpose of buying silver is. This type of
dealer will always try to justify the ridiculous high premiums by using rarity or scarcity based on low/limited
mintage as an excuse. Silver
Bullion recommends that silver investors avoid numismatic coins and/or rare silver coins which sells at substantial premiums
above the melt value of the silver content.
Invest in precious
metals today! Contact us for
details.
Invest in precious
metals today! Contact us for
details.
The same applies to ridiculous high postage & packaging
(P&P) or delivery charges. In fact, some dealers will sell you silver at good premiums (or premiums even below the
spot price of silver) since they make their money on
ridiculous high P&P or delivery charges. This is simply wrong and such dealers must be avoided at all cost.
Always make sure that you know exactly what they’re going to charge you in terms of P&P or delivery charges
before you order, bid or buy. We can give more examples, but then it will defy the meaning of common sense,
right?
Trusted Silver Bullion
Dealers
Silver Coin Dealers
Silver Bar Dealers (Silver Bullion Bar
Dealers)
Silver Ingot Dealers (Silver Art Bar
Dealers)
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