Silver Bars vs. Silver Coins: Making the Right Purchase Choice with Expert Advice

by | Sep 13, 2023 | Fidelity IRA | 32 comments

Silver Bars vs. Silver Coins: Making the Right Purchase Choice with Expert Advice




Should you buy silver bars (or silver rounds)? In this video I discuss whether or to buy silver bars or to stick with government minted silver coins or silver bullion. Tim, my local coin shop silver dealer, also weighs in on the scarcity of large silver bars like Engelhard and Johnson Matthey. I also briefly remind you of what “Stacking the Yankee Way is all about! I finally I explain why I purchased this kilo bar of silver and what I’ve learned about the draw of silver bars. I love stacking the American silver eagle, the Canadian silver maple leaf, the silver Britannia, and constitutional silver (“junk silver”). What have I decided when it comes to buying silver bars or coins? Watch and find out!

I stack silver and gold to hedge against our debt-fueled, fiat currency-based economy that I am convinced is nearing the end of the road! Consider stacking silver and gold yourself to help you build and preserve wealth. And thank you for watching Yankee Stacking!

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Tim Marschner
The Coin and Stamp Shop
300 Granite Street
Manchester, NH 03102
(603) 624-4400

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DISCLAIMER: I am a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for me to earn fees by linking to Amazon.com and affiliated sites. Some of the above links are affiliate links where I may earn a small commission at no additional cost to you. I am not a professional financial adviser, nor do I offer financial advice. This video is for entertainment only. Please consult your investment and tax experts for financial advice.
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Topics Discussed: silver, silver bar, silver rounds, buy silver, silver coins, bullion, silver bullion, silver dealer, Engelhard, Johnson Matthey, stacking, kilo bar, poured silver, bar of silver, silver bars, silver eagle, silver maple leaf, Britannia, constitutional silver, junk silver, gold, debt, currency, economy, stacking silver, wealth, precious metals, stack silver, stack gold, silver stacking, invest, investing, investing in silver, how to invest, how to invest in silver

#KiloBar #SilverBar #StackingTheYankeeWay…(read more)


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Should You Buy Silver Bars or Coins? (My silver dealer weighs in too!)

Investing in silver can be a great way to diversify your portfolio and protect your wealth. It is a highly sought-after precious metal that has historically proven to be a safe haven during times of economic uncertainty. When it comes to buying silver, there are two popular options available: silver bars and silver coins. In this article, we will explore the advantages and disadvantages of each option from the perspective of a silver dealer who has years of experience in the industry.

Silver bars are often favored by serious investors due to their larger sizes and lower premiums compared to coins. These bars typically come in sizes ranging from one ounce to 100 ounces, making them a convenient choice for those looking to buy silver in bulk. One of the significant advantages of silver bars is that they are easy to store and stack neatly. They take up relatively little space compared to the equivalent weight of silver coins. Additionally, bars usually carry a lower premium over the spot price of silver due to their simplicity in design and production.

Silver coins, on the other hand, hold great appeal amongst collectors, as they often feature intricate designs and have historical or cultural significance. Coins are available in various sizes, from as small as 1/25th ounce to as large as 1 kilogram. One notable advantage of buying silver coins is their liquidity. In times of crisis, silver coins are more recognizable to the general public, making them easier to trade or sell. They also have a higher demand in the numismatic market, which can potentially increase their value beyond the actual silver content.

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To gain further insights into this debate, we reached out to John, a reputable silver dealer with years of experience in the industry. According to John, both silver bars and coins can be attractive investments, but the choice ultimately depends on the investor’s goals and preferences. He explains that if your primary objective is to accumulate silver at the lowest cost per ounce, bars are the way to go. However, if the potential for higher premiums and historical significance of coins appeals to you, then coins might be the better option.

When it comes to the potential resale value, John advises caution. While silver coins and bars both have intrinsic value due to their silver content, they may be subject to fluctuations in demand and market conditions. It is crucial to conduct thorough research and follow market trends before making any investment decisions.

Regardless of whether you choose to invest in bars or coins, John emphasizes the importance of purchasing from a reputable dealer. Ensure that the dealer is trustworthy and offers authentic products with proper documentation. Counterfeiting is a concern in the silver market, and dealing with a reputable dealer mitigates the risk of fraudulent purchases.

In conclusion, the decision to buy silver bars or coins ultimately depends on your investment goals and personal preferences. Silver bars offer convenience, lower premiums, and ease of storage, making them ideal for those focused solely on the metal’s value. On the other hand, silver coins appeal to collectors and individuals seeking historical significance, higher potential premiums, and better liquidity. Whichever route you choose, take the time to research market conditions and deal with a reputable dealer to ensure a smooth and reliable investment in silver.

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32 Comments

  1. mobek

    How do you keep your rounds shiny

  2. matthewJ142

    American bullion silver coins are worth more in my opinion since the gold American coins are not 999 24k. I find it strange. Of course gold is more but not as much as it should be

  3. Jonathan Flores

    Yep I sold my rounds 20 cents under spot. I was like "whatever" and just sold 5 of them. When it comes to bars I usually going for weight. I want a kilo bar just to have. I have some of the 5 oz bars.

  4. James

    What about government issued bars? UK and Canadian?

  5. Frosty Deagz

    Can someone tell me what that scene was that he showed where the guy was stacking silver under the floor? I've seen the movie but I can't remember it for the life of me

  6. Eric ritari

    Kilo bar vs 1 oz coins is not an even comparison. I usually get 10oz bars or the government issued coins but I’ve got a variety. 2 years after your video and the crisis seems closer than ever. Keep stacking but make it a part of your portfolio. If cash becomes useless your gold and silver will be worth multiple times more. If the US dollar holds enough of its value to remain relevant then your 401k will vastly outperform your precious metals

  7. Muhlenberg

    I just traded in my bars for Silver Eagles. I might do the same with my bullion grounds. In a hyperinflation situation we might actually be using silver and gold to barter for necessities. Somehow I think that the US silver Eagles would be ideal in such situations.

  8. GamingClash

    Any investor must have a silver bar for sure, not for premium or as an investment but as a personal satisfaction :))) then all in on coins. This is how personally I got my stalking, lots of silver maple coins and i got one 250g silver bar only to actually enjoy it haha

  9. James Chi

    Have you ever heard of a precious metal verifier? Don't you know that coins are faked more than bars? LOL

  10. David Slavin

    What’s your thoughts about government 10 oz bars from UK or Canada?

  11. Marty Dalgliesh

    I love my 100 oz Royal Canadian Mint bar

  12. 6824648

    Eagles take twice the space than bars

  13. bobo james

    Neither, buy property

  14. Chitran Thirupathy

    I’ve got super varied thoughts about this. I totally understand the advantages of having sovereign backed silver, which is easily recognized and holds a little bit of the premium value, but the fact that buying bars have way lower premiums and we get more weight for less money makes it really appealing to me as well. I don’t plan on selling my stack anytime soon either, so I just stack both.

  15. Michel Boudreau

    A bar is non government montée amount of silver… what about the Canadian mint silver bars.

  16. Brian Bennett

    You have a lot to say, and you're doing a great job. It seems to me that you could say twice as much in half the time, though. Have you considered Canadian 10 oz silver bars from their Royal Mint?

  17. z dub

    Never liked coins. Sure it's worth a lot but from across the room it looks like less than a dollar. A stack of bars on the other hand is universally accepted as valuable treasure. You need a coin expert to judge and grade silver coins but grab anyone from any corner of the globe and show them a stack of bars and they instantly recognize it as a lot of money. Sure I know what stuff is worth but I don't want my grandkids making the mistake of thinking a $30 coin is worth $5 face value. Can't make that mistake with bars as there's no face value and there's no grading or condition to maintain.

  18. Joseph Settle

    Spot price???
    "Spot price ", is to silver whats equivalent, to
    Mickey Mouse, is to role model!!

  19. Decathelon Dave

    Can you use the sigma on that bar? I have the original. I don't have bars either but it would be fun to have one or two or??

  20. Bud Scott

    I think you should try the 100 oz bars. You’ll like it! Makes a man feel like a man should.

  21. Jose Rodriguez

    I love all forms of silver but it has to be a sealed and serialized bar if I get it

  22. Peter Erikson

    The 10 oz bars make sence and aren't too. expensive . you can liquidate them. for 290. or so.

  23. fbcpraise

    Thank you!

  24. MC6Jumper

    Yankee I'm sure when they collapse the "old currency" system, you won't be spending mercury dimes under some reset. The cabul behind destroying our financial system to get from here (where we are) to there (where they are taking us) use A.I. There is nothing you've thought of that they haven't planned for.

  25. Donald trumps

    I have 20 kilos of gold and 80 kilos silver.. it’s in my secret room and the theme it’s pirate of the caribbean inside many different treasures chest….

  26. Stuart Keisman

    My question is now it’s difficult to find a silver eagle for less than $40 today. Spot price is $23 for silver, so if you get a little over spot for your silver bullion how is it worth it to pay a 40+% premium on silver when bars you’re only paying between a 15-20% price above spot? It seems like a ridiculous mark up when it seems the only real value is having coins during a SHTF scenario. In any other scenario bars seem to be a better investment. Outside of a SHTF scenario tell me why I’m wrong?

  27. MATTHEW ROBINSON

    There’s no liquidity issue in Aus, 1kgs are common the trade regularly, I don’t see many ounce rounds here more bars

  28. Bill Cook

    I’m thinking in a SHTF scenario that bar would be useful for like clobbering somebody if it became necessary.

  29. Michelle Ricci

    Así if the bar is stamped from a mint does it change

  30. bob often

    XRF the Silver Bar
    X Ray Fluorescence
    Find out the composition

  31. Nate Hess

    an earlier engelhard . second purchase . started stacking thanks to you !

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