silver $150 by year end?, page-24

Flinders

Silver coin from the post office have a huge mark up. They tend to be 1 oz coins or less and sell for normally over $60 a coin. (some gerneralisation here). as silver is low 30s its almost a 100% mark up.


If you want silver to invest in go for 10 oz or 1 kg bars made by any decent mint ( Perthmint, australiamint, pamp bars to name but a few).

If you want coins go for bullion coins as the mark up on these tends to be about 10 percent or less if you get a decent dealer. (a few for example :austrian philamonics, american eagles, canadian maples or mexican libertards)


The least mark up is 5-10 kg silver bars. However the catch with these is if silver goes high who will have the cash to buy one quickley? liquidity is better with smaller bars but comes with a bugger mark up.


If you are buying somethng called numimatics then be careful as some of these prices are based on rarity and collectability rather than silver content.

sorry for the spelling as i do not have time to spell check today my son needs feeding.