Best Ways to Buy Silver on a Small Budget
How first-time buyers can compare 1 oz coins, rounds, and small bars when spending a few hundred dollars.
On a small budget, compare the price per ounce of 1 oz rounds, 1 oz coins, and 10 oz bars. Rounds and bars usually carry lower premiums; government coins are widely recognized.
Rounds, coins, or bars?
Rounds and bars usually cost less above spot. Government coins often cost more but are widely recognized.
Should I buy one 10 oz bar or ten 1 oz pieces?
One bar is usually cheaper per ounce. Ten pieces let you sell part of your silver later.
What else should I budget for?
Include shipping, any sales tax in your state, and storage.