Looking to diversify your investment portfolio? Look no further than silver. With its age-old role as a precious metal with impressive industrial applications, many investors consider now to be a perfect time to invest in silver. Keep track of the silver price today with our comprehensive silver price chart, provided to help guide your investment decisions with up-to-date silver price information.
Whether you prefer silver coins, silver bars, or silver rounds we offer a wide range of options to suit your investment needs. Buy silver coins or silver bars online day or night, securing your financial future effortlessly and at your convenience. Invest in silver with confidence, exploring the benefits of a silver IRA for long-term stability. You may find First Gold Group to be the best place to buy silver online, offering a variety of silver products that are often determined to be the cheapest way to buy silver.
The following FAQs are designed to answer basic questions many of our clients have had regarding investing in silver coins and gold bars. Whether you’re a seasoned investor or just starting out, our FAQs are designed to provide clarity, confidence, and insight into the captivating realm of physical silver ownership.
What's the difference between silver coins and bullion bars/rounds?
Silver coins are typically minted by sovereign government entities that guarantee the weight and purity of the silver content within each coin. Artists meticulously design these coins, often incorporating intricate motifs and historical significance. Additionally, silver coins commonly carry a face value, further underlining their authenticity and intrinsic worth. Conversely, silver bullion typically comprises bars or rounds of pure silver, predominantly produced by private mints or refineries, and are valued primarily based on their weight and purity.
How to buy silver coins, bars and rounds online securely?
From our perspective, it comes down to a matter of trust. As such, here are some basic guidelines to follow to help ensure a secure online acquisition.
Choose a Trusted Dealer: Start by selecting a reputable dealer like First Gold Group, with over 15 years of experience helping customers buy gold and silver. To ensure reliability, do some basic research beyond customer reviews and self-proclaimed industry accolades as some companies “pay to play” for ratings. Call and email the dealer to gauge their responsiveness and commitment to customer service.
Build Trust with Small Purchases: Begin with smaller acquisitions to establish trust before making larger investments. Avoid rushing into significant purchases right away; instead, take your time to develop a relationship with the dealer.
Understand Pricing and Fees: Transparent pricing is key. Work with a dealer that openly displays product prices to avoid overpaying for your metals. Be cautious of dealers who don’t publish their prices, as this could indicate hidden fees or inflated costs.
Get the Best Price: Once you’ve established trust with your dealer, keep an eye out for better prices elsewhere. If you find a better deal, don’t hesitate to reach out to your trusted dealer and ask them to match it. A reliable dealer will prioritize customer satisfaction and strive to offer competitive prices.
What is the process of buying silver online?
Here are some basic guidelines you can follow to acquire silver online:
What is your reason for purchasing: Wealth building and preservation, lifestyle, economic volatility, security, survival/barter tool, gift, other.
What type of precious metal are you considering? Gold, silver, platinum, combination?
Are you interested in coins or bars or both?
What size coin or bar would you like to buy (big: 1 oz. or larger) or small (less than 1 oz)?
What is your budget?
What purchases frequency are you considering? Many customers purchase once a month to achieve dollar cost averaging. Some prefer to make larger acquisitions at broader intervals.
Find a reputable dealer (see comments on “How to buy silver coins and bars online securely?”).
Shop the products that meet your defined goals. Use the filter options available or simply scroll through the products.
Choose your product(s), add to the cart, proceed to checkout, complete your transaction.
Receive your silver coins and silver bars delivered discreetly to your home!
What are the advantages of buying silver coins, bars, and rounds online?
Acquiring silver coins, bars, and rounds online offers several advantages including:
Convenience: You can purchase silver coins from the comfort of your home, eliminating the need to visit physical stores or dealers.
Wide Selection: Our online store provide access to a diverse range of silver coins from various mints and refineries worldwide, allowing you to choose from a broader selection.
Transparency: Dealers that offer an online store for you to shop from display product pricing, specifications, and available discounts, providing transparency and helping you to make informed purchasing decisions.
Competitive Pricing: Dealers that offer an online store can provide competitive prices due to lower overhead costs compared to brick-and-mortar stores. This can result in cost savings for you.
Accessibility: First Gold Group’s online store is accessible 24/7, allowing you to browse and purchase silver coins at your convenience, regardless of your location or time zone.
Privacy and Security: Online transactions are secured with encryption technology, protecting your personal and financial information. Discreet shipping methods employed by First Gold Group further ensure privacy and security during delivery.
Customer Support: Reputable online dealers such as First Gold Group offer customer support via phone, email, or live chat, assisting with inquiries, resolving issues, and providing assistance throughout the purchasing process.
Are there any taxes or fees associated with buying silver online?
When purchasing silver coins and bars online, you may encounter state and local sales tax obligations, contingent upon several variables. Firstly, taxation may apply either to a portion or the entirety of your order. Secondly, the tax rate can fluctuate, dictated by the shipping address specified for your order. It’s crucial to note that sales tax is based on the shipping address, not necessarily your residential or billing address. If you intend to store or ship your product to a different state, it’s advisable to verify the applicable sales tax rates for that jurisdiction. For specific concern, give us a call at 800-310-6126 and we can help you fully understand the sales tax implications specific to your planned acquisition.