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Precious Metals - Junk Silver, Bullion, etc


Mr. Martinez

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Yea how do u go about acquiring bullion?

Can buy in two ways;

- Your local jewellers. They'll tend to be the priciest and may not be accredited. It'll also likely be in smaller nugs, which as a price per weight will be expensive. You also need to be aware that you'll more than likely be paying a premium when it comes to selling as it may not be stamped. Usually likely as they may have melted to create the bar (although not always)

- Legit bullion trader. These guys will have it varying from 500g nugs through to 5 kg bars. The bigger the bar, the easier it is to produce and the cheaper price per weight it will be. It will also vary between purities and whether its stamped or not. If its got a legit certification stamp you'll have no problem selling.

Beware most buyers will not give you a premium buying price if it ain't legit stamped and they need to get it checked.

If it's a short term investment and you'll be using one trader they'll usually give you the best prices.

FYI just checked today and the $ per ounce price is about $20. Its dipped a bit since its peak in 2011 when it was about $50 but over the past 10 years its long term trend is still rising. Great time to buy.

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