As we inch closer to 2023, silver prices are expected to be on the rise. If you’re looking for a way to invest in silver, buying coins may be the best option for you. Silver coins for sale offer a lower price per ounce than silver bars, and they can provide a great return on investment if sold at the right time.
Best Silver Coins in 2023—What You Need to Know
Many investors are interested in purchasing silver coins as a way to diversify their portfolio and protect their wealth. While the price of silver can fluctuate wildly, it has a tendency to rise over time, making it an attractive investment for those looking to hold onto their assets for the long term.
Given below are some of the best ways to get silver coins at the best price in 2023.
- Look for government-issued silver coins
These are typically minted by companies like the U.S. Mint or the Royal Canadian Mint. Government-issued silver coins are usually less expensive than privately minted silver coins, and they’re also more likely to hold their value over time.
- Investing in Silver Bullion
Investing in physical silver bullion is one of the best ways to get silver coins at the best price for several reasons. First, it eliminates the need to pay a premium or a mark-up to a middleman. When you buy silver bullion, you are buying direct from the source, which can save you a considerable amount of money in the long run.
Secondly, silver bullion is a tangible asset, which means it is not subject to the same market volatility as paper investments such as stocks and bonds. Therefore, your investment is more secure and less prone to drastic fluctuations in value.
Lastly, silver bullion is a reliable store of value, meaning that it can be exchanged for goods and services over time. This makes it a great tool for hedging against inflation and protecting your wealth.
- Compare prices from different dealers before you buy
It’s important to compare prices so that you can get the best deal on your purchase. When you’re comparing prices, be sure to look at the spot price of silver as well as the dealer’s premium. The dealer’s premium is the fee that the dealer charges for each coin.
- Buy from a reputable dealer
Not all silver dealers are created equal! When you’re looking for a reputable dealer, be sure to check out online reviews and compare pricing from different dealers before making a final decision.
- Buy in bulk when possible
If you’re planning on buying multiple silver coins, consider buying them in bulk. When you buy in bulk, you can usually get a discount on your purchase price. This is a great way to save money if you’re planning on making a large purchase.
- Ask questions!
If you have any questions about buying silver coins, don’t hesitate to ask a reputable dealer for advice. A reputable dealer will be happy to answer any questions you have about buying silver coins.
Now that you know what to look for, let’s take a look at some of the best places to buy silver coins in 2023.
APMEX is one of the largest precious metals dealers in the United States. They offer a wide selection of silver coins from around the world, including American Eagles, Canadian Maple Leafs, and Chinese Pandas. Prices start at around $30 per coin, making APMEX a great option for budget-conscious investors. Shipping and handling costs are reasonable, and orders are typically shipped within 24 hours.
- JM Bullion
JM Bullion is another reputable precious metals dealer with an extensive selection of silver coins. Prices start at $29 per coin, and shipping is free on orders over $99. JM Bullion also offers a price match guarantee, so you can rest assured you’re getting the best deal on your purchase.
- SD Bullion
SD Bullion is a great option for investors looking for low prices on silver coins. Prices start at just $28 per coin, making SD Bullion one of the most affordable dealers around. Shipping is free on orders over $99, and orders typically ship within 24 hours. You can purchase SD Bullion with confidence because they offer a price match guarantee.
Remember these tips when you’re looking for the best way to get silver coins in 2023: look for government-issued coins, compare prices from different dealers, buy from a reputable dealer, and buy in bulk when possible. By following these tips, you’ll be sure to get the best deal on your purchase!