Time to Buy Some Silver! Invest While You Still Can

I believe that in our lifetime there will come a time when silver will be so high that the average Joe just won’t be able to invest in large quantities. Who would have known that if you bought pounds of silver in the 90s would’ve made you into a millionaire after 2 decades? If we did or even had the slightest clue we would have all invested in silver and been rich by now. If you think the price of silver won’t go up, you are very wrong. An ounce of silver was worth around $4 back in 1992. A gallon of gas cost $0.95. Life was good back in 92 and most of us had enough of everything and even extra to possibly invest. If I had a chance to go back to 1992 with all the knowledge and wisdom I have now, I would just buy tons of silver and even few thousand gallons of gasoline. These days in 2012, just 20 years after the good old days – Gasoline is around $5 per gallon and silver is trading at $32+.

You see my point? Silver prices will go up soon. When you ask? That part I won’t claim to be a modern day prophet and come up with dates but one thing we can do to prepare is invest as much as we can in Silver. Don’t get all crazy and starve your family to invest. Just buy what you can and if you have very low funds, just cut few things you like (like starbucks) and put that money away and buy silver when you have enough. We will see that day in our lifetime when an ounce of silver is few hundred dollars – let’s just hope we all get ready and are prepared for that day.

If you care about your family and or want to make the right choice and make the right investment, buying and investing in silver is the way to go. When and if you buy silver, be ... Read More...

What You should Know Before Selling Your Scrap Silver

To some people, they might think that they may not be able to sell their own scrap silver that is not brand new and quite old or used up. Some kinds of scrap silver are silverware, old coinage, and damaged jewelry. Even though you might think you will not be able to get a good sale from selling your scrap silver, you can actually find some places or people that may buy your scrap silver for some real cash.

The best way to know that your scrap silver is real silver is to find the “sterling” engraved in the silver. For a beginner, it can be quite difficult to find out what the exact price is for silver at the current time. If you go to a financial website or such related website to find out the price rates for your silver, it can be easier than finding the information on your own. To tell the truth, one of the best places to find the most up-to-date current silver prices is Kitco.

If you are really interested in selling your scrap silver, it is best if you learn more about the history of the market of silver. You should keep in mind on how quick the price of silver can change. Another good thing to know is how much the price of silver drops or raises within a year’s time from the time you check it. The price of silver can sky-rocket overnight, as well as plummet to the ground. Also, it does not matter if you are buying or selling silver, because the measurement will be the unit of troy ounces (oz). You should know how much your scrap silver weighs before selling it out on the silver market

As said before, these are some kinds of scrap silver, including some other scrap silver items:
• Sterling Silverware.
• Coinage that was usually... Read More...

Where You Can Buy Silver Bullion Coins

To say the least, it can be quite easy to buy some silver bullion coins. There are numerous ways and places where you can buy these coins. To tell the truth, you could become confused when it comes to finding an authentic place to buy these coins, but if you conduct a little bit of research, you can easily find the best place where to buy the silver bullion coins you have been looking for. There can be a certain place that has a better silver value for its buyer than another place. In this article, the information on where you can buy these silver bullion coins are available to you.

A person can find a coin shop in just about anywhere in the world. You could possibly find one of these shops in your local town or country. If you want to find out if there are any nearby coin shops, you can eve open up the phonebook and find out without even leaving the house. The best thing to do is to find the nearest coin shop you can find and examine all of the silver bullion coins that they have in stock. If they have a great amount of silver bullion coins in stock, you have more than likely a found a good coin shop to buy these certain coins from. You also have a good chance to be able to examine the coins at a closer look. There are a good amount of coin shops that can be quite pricey, but you can also find a coin shop that is not as pricey as others.

A good place a person can go to find a decent bid for some silver bullion coins can be a coin auction. There are many different kinds of coins that are auctioned off to the highest bidder. At this kind of setting, you may be able to find some silver bullion coins at some good prices.

One of the best ways to get your ... Read More...

The Vienna Philharmonic Silver Coin

Even though the Vienna philharmonic silver coin is the first coin to be introduced as the first kind of currency for most of the entire continent of Europe, it was first introduced as the Vienna philharmonic gold coin. The Vienna philharmonic silver coin was and still is produced in Austria. Austria was actually the first country out of the twelve countries to introduce the euro currency. Since Austria is the first country to produce the euro coin, this Austrian euro is the currency of the European Union (which is also called the Eurozone).

The design on the Vienna Philharmonic Silver Coin is quite radiant. The many different musical instruments can be found on the reverse side of the coin. Also, on the reverse side of the coin along with instrument that represents the Vienna Philharmonic Orchestra, the text of wiener philharmoniker (“Vienna Philharmonic” in the Austrian language) is shown. On the obverse side of the coin, there are many things and images that are shown. The image that is shown is a great organ in the golden hall in Vienna’s Musikverein. The Musikverien is the Vienna philharmonic orchestra’s concert hall. Also, on the observe side of this coin, the weight, year of issue, alloy purity, and the face value in euro are inscribed.

The Vienna philharmonic silver coin has been minted ever since February 1st, 2008. The coin’s design is exactly identical to the Vienna philharmonic gold coin, but only one thing is not id... Read More...

The Silver Maple Leaf Coin

Even though The Silver Maple Leaf Coin is not a coin designed, manufactured or distributed by the United States of America, there is a great amount of collectors in the United States that would not mind getting their hands on this Canadian silver coin. This silver coin is actually one of the most collected Canadian silver coins in the country of Canada. This collector’s item is professionally a silver bullion coin issued by Canada. These coins are highly produced. Since the Canadian government had the design made and had manufacturing process ready in 1988, the silver Maple Leaf coin has been produced by the Royal Canadians Mint. The Silver Maple Leaf Coin actually preceded the old Maple Leaf Coin.

The Silver Maple Leaf Coin is a very nicely designed coin. The original coins observe side displayed the inscribed effigy of the beloved Queen Elizabeth II. Even through this was the original Silver Maple Leaf Coin, it has had many inscriptions on the coin. The inscription on the obverse side of the coin is “Elizabeth II”, the date it was made, and the legal tender face value of “5 Dollars”. The Maple Leaf is featured on the reverse side of the coin. Also the maple leaf is the national emblem of the country of Canada. The other inscriptions that are shown on the coin are “9999 Fine Silver”, “1oz”, “Canada”, and “9999 Argent Pur”.

Even trough it seems like the Silver Maple Leaf Coin is not that heavy, it does weigh one whole troy ounce (1oz) of silver, and the purity of its silver is 99.99 percent. There have also been special issued Silver Maple Leaf Coins released onto circulation. The proof version of the silver maple leaf coin was rel... Read More...

The American Eagle Silver Coin

The American Eagle Silver Bullion Coin is actually the official silver bullion coin in the United States, even though this silver bullion coin is spectacular, and it has a wonderful and heroic-looking design; the American Eagle Bullion Coin was originally minted in the year of 1986 by the United States Mint. This year was a very good year for the United States Mint. By researching and checking out the reviews from many surveys that were filled out by many United States Citizens, they really liked how the designer and manufacturer of the American Eagle Bullion Coin created one of the most influential and intellectual silver coins in the history of the United States Mint.

It is very historic and informational how the American Eagle Silver Bullion Coin came to be. In 1986, there were many people in the states of California, Nevada, Texas, and Wisconsin who lectured the federal government to create a coin that shows the complete dominance, strength, power, and patriotism of the United States of America. With the being said, the American Eagle Silver Coin was designed, and the government authorized the coin by the Liberty Coin Act. There are actually three different versions of the American Silver Eagle Coin. The three versions are the Proof Silver Eagle Coin, the Bullion Silver Eagle Coin, and the Uncirculated Silver Eagle Coin.

The American Eagle Silver Coin is made out of 99.9 percent of pure silver and weighs approximately one troy ounce (1oz). Also, in the United States, the face value of this silver coin is one dollar. The United States Mint in San Francisco, California was the mint that manufactured the first American Eagle Silver Coin. The first of these ... Read More...

How to Invest in Silver

Just like other precious metals, silver may be used as an investment. Silver has been used as a store of value or a form of money for more than thousand years. Even though silver has been used as a form of money, it has lost its role as a legal tender in the United States. In the year 2009, the main demand resulted from jewelry, exchange-traded products, bullion coins, and mostly industrial applications.

The silver market is much smaller than the gold market. The London silver bullion market turns over just about 18 times less money than gold. The physical demanded is estimated at $15.2 billion a year. This makes it possible for an investor or large trader to positively or negatively influence the price of silver. A prime example of an investor is Warren Buffett. Warren Buffett purchased 130 million Troy ounces of silver at about $4.50 an Troy ounce. Buffett then announced to the share holders that his company no longer held any silver on May 6, 2006. This kind of set a negative influence on the value of silver.

There are many ways a person can invest in silver. The buying of bullion bars is a traditional way of investing in silver. If you ever travel to Liechtenstein of Switzerland, you can buy or sell bullion bars over the counter at the cities major banks. Bars and coins are physical silver. They should be stored in home safe, placed in unallocated or allocated storage with a dealer or bank, or placed in a safe deposit box at a a bank. The code “XAG” is used when ... Read More...

The Silver Roosevelt Dime (1946 through 1964)

On a daily basis, the Roosevelt Dime is used by most Americans. The Silver Roosevelt Dime is not as well known the U.S. dime of today. The silver Roosevelt Dime was produced from 1946 through 1964. Silver coins were being hoarded instead of keeping them in circulation. The price of silver had risen from $.90 cents an ounce in 1960 to about $1.30 by the year of 1964. There were many people that assumed if this kept happening, the value of the Silver Roosevelt Dimes would rise based directly on the melt value of the silver in the coin.

Even though the U.S. Treasury tried to come up with a plan to prevent this hoarding of silver, the strategy did not work as planned. They tried to prevent the hoarding by increasing the availability of silver coinage during that time. The amount of Silver Roosevelt Dimes produced for the country’s general circulation in 1960 was 270,460,400. This number rose to 2,286,877,180 by 1964. The hoarding of silver coins kept happening. It became so bad that it would cost the country $.11 cents in silver to produce a $.10 coin. This was getting too out of hand. The U.S. Treasury decided to discontinue most of the silver coins being produced, and the Silver Roosevelt Dime was included as one of the silver coins. Today, the Roosevelt Dime is made of 75 percent copper and 25 percent nickel. There still are silver proofs which contain the original silver amount.

Three U.S. Mints were involved with the production of the Silver Roosevelt Di... Read More...

Walking Liberty Silver Half Dollar (1916 through 1947)

To many coin collectors, the Walking Liberty Silver Half Dollar is one of the most beautiful coins produced by an U.S. Mint for circulation in the U.S. The highly popular Silver American Eagle coin’s design is basically the exact same design that appeared on Walking Liberty Silver Half Dollar. This makes the Walking Liberty Silver Half Dollar one of the very few U.S. coins to have its design on the reverse side of the coin appears on a rather modern coin.

The designer of the Walking Liberty Silver Half Dollar was Adolph A.Weinman. Out of all the U.S. Mints, a total of three of them produced this silver coin. The U.S. Mints involved with the production of the Walking Liberty Silver Half Dollar were San Francisco, Denver, and Philadelphia. The silver coin was produced through these U.S. mints from 1916 through 1947 and a total of 485,395,000 of these silver coins were produced.

The features of the Walking Liberty Silver Half Dollar feature the image of the Walking Lady Liberty, and on the reverse side, the image of a majestic eagle. Nearly most of these silver half dollars have a mint mark on the reverse side of the coin near the “Half”. Some of the half dollars that were produced in 1916 and 1917 may half the mint mark on the obverse side of the coin below the motto “In God We Trust”. The mint mark tells you which U.S. Mint the coin was produced at the current time. If there is a “D” the coin was produced in Denver. If... Read More...

The Peace Silver Dollar (1921 through 1935)

The Peace Silver Dollar was first produced in 1921, and it was to be known as a peace commemorative coin that replaced the Morgan Silver Dollar. The Peace Silver Dollar was designed by Anthony De Francisci, and it was actually made to the peace hat silver can represent. A total of three U.S. Mints were the producers of Peace Silver Dollars. The three U.S. Mints were located in San Francisco, California, Denver, Colorado, and Philadelphia, Pennsylvania.

The product of Peace Silver Dollars started in December, 1921. The U.S. Mint in Philadelphia was the only one of the U.S. Mints that produced Peace Silver Dollars with a date of 1921 on the coin. The total of these coins that were minted totaled to 1,006,473 for the month and the year. The total number of Silver Peace Dollars that were minted by all of the three U.S. mints from 1921 through 1935, with the exception that were none minted 1929 through 1933, was 190,577,000. Also, there were altercations with the Peace Silver Dollars in the mid-1960. Additional mintages of 45,000,000 silver coins were authorized by the federal government. With that authorization by the federal government, the U.S. mint in Denver produced 316,076 Peace Silver Dollars with a 1964 date, but before the release of these silver coins into circulation, a final decision was made to throw away those plans. With that being said, the 1964 Peace Silver Dollars were melted and no more silver dollars were minted that year.

The Peace Silver Dollar feature... Read More...