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Guide to Investing in Silver – Chapter 4: Methods of investing in Silver

By:
FX Empire Editorial Board
Updated: Mar 5, 2019, 13:14 UTC

This is chapter number 4 out of 15. Read the rest: Read Guide to Investing in Silver – Chapter 1: IntroductionRead Guide to Investing in Silver – Chapter

Guide to Investing in Silver – Chapter 4: Methods of investing in Silver

There are several ways of investing in Silver. Choices of investment in this metal ranges from silver certificates, silver accounts and silver bullions. Nowadays, silver bullion is the most preferential method of investing in Silver. The silver bullion bars comes in several sizes and starts from one troy ounce up to one thousand troy of 99.99% purity. One thousand troy ounce of silver is equivalent to 68 lbs of silver. You can also get silver bars which are minted by many private silver mints. These can be purchased directly from the mints themselves.

An alternative method of investing in silver is through silver rounds. This can either be through modern silver proof coins or antique or semi-antique silver coins which were once used as legal tender in past. The purest silver coins are modern silver proof coins which are usually 99.99% pure. On the other hand, investors prefer older coinages like those issued before 1965. Those especially in high demand are old silver dollars, half dollars, quarters, and dimes. These are also known as Morgan and Peace Silver Dollars, Walking Liberty Half Dollar, Mercury Dime and are particularly sought after by American investors due to their nostalgic value. Nothing feels better than having that actual silver dollar in your hand.

With silver trading for around $17 per troy ounce, capital outlay in silver investments is minimal. However,   you are sure to pay slightly more than the counter prices when you buy silver from silver dealers. Having said that, the smaller capital outlay makes investment in silver very attractive to the newer investor.

A good way of investing in silver is to look for old silver coins on eBay online auction. One tip about how to hunt for bargaisn is to wait until the auction is close to ending. If you are lucky, you might be able to purchase such highly demanded coins for less than the value of their actual silver content. By investing in small amount of silver here and there will also eventually build your silver investments into a sizeable amount. Regardless of your methods of investments, what is important is that you should try to obtain as much silver as possible while it is still affordable. 

Read Guide to Investing in Silver – Chapter 5: Investing in Silver Bars
Read Guide to Investing in Silver – Chapter 6: Silver Coinage as an Investment
Read Guide to Investing in Silver – Chapter 7: Silver in Exchange Traded Funds (ETFs)
Read Guide to Investing in Silver – Chapter 8: Silver Mining Stocks
Read Guide to Investing in Silver – Chapter 9: Silver Mutual Funds
Read Guide to Investing in Silver – Chapter 10: Silver Futures
Read Guide to Investing in Silver – Chapter 11: Silver Certificates
Read Guide to Investing in Silver – Chapter 12: Comparison between various forms of Investment in Silver
Read Guide to Investing in Silver – Chapter 13: Investment in Silver versus Gold
Read Guide to Investing in Silver – Chapter 14: How to invest in Silver
Read Guide to Investing in Silver – Chapter 15: Conclusion

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