Buying Silver Coins for Portable
Asset Protection

Individual silver coins are a great way to start accumulating hard assets. You can buy as few as one coin at a time.

At current prices, you can spend as little as $25 or less per coin each month (plus shipping and handling fees).

So it's very easy to get started on your asset accumulation plan with silver bullion coins.

Why Are Silver Coins So Popular?

What makes these coins so useful and popular? Besides the low cost to get started, these coins are portable. Most weigh just one troy ounce so they're very easy to carry around, even in your pocket.

That means that you can take a few with yoiu whenever you travel. They're a lightweight way to carry a known value of money—the spot price of silver. Each coin will never be worth less than that day's spot price.

These coins are produced by national mints, so they have a face value. You can enter many countries with these coins at face value instead of the silver's value. That means you can enter with $1,000 of silver but just $40 or so of coins (at today's prices).

Individual coins can be purchased in many countries without the sales tax. So you save money there.

As with anything else, however, you pay extra for portability and convenience. The premium on individual silver coins is considerably higher than the premium for the same amount of silver in wafers or ingots.

And the shipping and handling cost per coin adds to the cost as well. Often the cost of shipping 5 or 10 coins is the same as for shipping one coin, which allows you to split the cost between the coins.

Some precious metals vendors have minimum order amounts. Some are as low as $50 per order in the US; to Canada, it's likely going to be $250 or more. So you may have to buy at least 2-3 coins in the US, and more than 10 if you live in Canada.

If that's the case, you may want to consider buying your silver coins in bulk to enjoy some price reductions.

Coins Available for Individual Purchase

Several countries produce silver coins for investment. These include the United States, Canada, China, Australia, Austria and Great Britain.

Silver Coins—The Right Investment for You?

The number of countries minting these coins indicates just how popular silver bullion investments are. Portability and low entry price make silver coins the ideal investment for anyone just starting out or for anyone with a small amount of money to invest every month.

Are they right for you? If you'd rather buy graded silver, and gold, coins as a collector instead of as an investor, click here to see the low prices for MS70 coins.



Back to Investing in Silver
From Buying Silver Coins

Go to Silver Investor Gold Investor home