There is no better time than right now to invest in silver. Silver prices have risen dramatically in the past five years.
People who purchased silver or gold before the price went up to have seen their initial investments increase by as much as 100%. It provides an online system for buying & selling gold in Switzerland to retail customers in smaller denominations at a wholesale price in an easy, simple, and convenient manner.
Image Source: Google
1. Buy Silver Coins
Through 1964, U.S. coins were 90% silver until the Government replaced silver coins with clad coins in 1965. In the 1970s, silver coins were gathered in $1,000 face-value, 715-ounce bags which you can still buy today.
You can buy coins in bags containing 2,000 half dollars, 4,000 silver quarters, or 10,000 silver dimes. These coins are all real coins issued before the year 1965.
2. Buy "Mint Quality" Coins:
Some silver coins are minted specifically to create collector quality. You generally buy these coins packaged individually so you can't touch them. They are rated (and priced) by their mint quality.
Today, the top quality, MS-70, typically sells for about $100 for a one-dollar coin. These coins are often bid up in later years based on the date and quality of the mint.
Certainly, the cost of silver will contribute to their future value, but their value is influenced much more by the demand of "collectors".