Where to find the cheapest silver eagles for sale online

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best place to buy American Silver Eagles online

How can I find which online bullion dealer has the cheapest Silver Eagles for sale?

This is one of the most frequently asked questions of beginning precious metals investors.

With so many different online bullion dealers to choose from it’s hard to find a simple answer.

Dealer Premiums on Silver Eagles

Question: Why does each dealer have different prices for what appear to be the same silver eagles or other bullion items?

Answer: Because they can. It is usually referred to as the dealer premium.

Most silver buyers don’t shop around much. If they do shop around they will stick to their favorite one or two dealers such as APMEX or JM Bullion. They do this because it’s what they’ve always done.

The popular dealers like APMEX and JM Bullion are often the most expensive.  The cost of doing business for them is higher than many of the smaller dealers. They are larger companies and have more employees and higher costs. They also spend large amounts of money on online advertising and other expenses.

The higher cost will be passed along to the end buyer in the form of higher dealer premiums.

Finding the Cheapest Silver Eagles Online

FindBullionPrices.com tracks the prices for American Silver Eagle coins from dozens of online bullion dealers. In fact, we track the prices of over 400 other silver and gold bullion products too.

American Silver Eagles can come in a variety of different conditions. There are:

  • Current Year 2019 Brilliant Uncirculated Silver Eagles.
  • Secondary Market Silver Eagles
  • Previous Year 2018 BU Silver Eagles
  • Backdated Silver Eagles
  • Circulated, tarnished or Cull condition Silver Eagles

We can help you find the cheapest American Silver Eagles no matter which variety you want to buy.

Silver Eagles Cost Less When You Buy in Larger Quantities

You can buy American Silver Eagle coins individually, or you can buy them in larger quantities. In larger quantities, it’s pretty common to buy Silver Eagles in tubes of 20 coins, or in Monster Boxes of 500 coins.

You will always pay a lower price for Silver Eagles when you buy in larger quantities. Most online bullion dealer offer price breaks starting when you buy a full tube of 20 coins.

Authorized Distributors buy Silver Eagles from the US Mint in very large quantities. Those large quantities are packaged into Monster Boxes. Each Silver Eagle Monster Box contains 25 tubes or rolls of coins.

Buying a roll of 20 American Silver Eagle coins will almost always cost less than when you buy individual coins. Most precious metals investors follow the principal of dollar-cost averaging. Keeping the dealer premiums as low as possible is important.

eBay Bucks 10% in App, 6% Web Bonus Offer – Expires August 14, 2019 at Midnight

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eBay Bucks Bonus Offer

Today, eBay announced a new Bucks promotion on all qualified purchases. The bonus gives a reward of 10% of purchases in the mobile app and 6% for purchases made through the web. This is instead of the usual 1%.

Items listed for sale in the bullion categories are not eligible for earning eBay Bucks.

However, there are plenty of Gold, Silver and Junk bullion items available in other categories that do qualify to earn Bucks. Some of these items are near or below melt prices when factoring in the eBay Bucks bonus.

This bonus promotion runs until midnight Pacific time on August 14, 2019.

You can learn more about the eBay Bucks program including how to sign up and receive the bonus offers from eBay’s FAQs.

If using a credit card that gives 2% cash back then the net price of each deal is even less.

See our list of eBay Bucks eligible bullion items for more details

About Mexican Dos Peso Gold Coins

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Dos Pesos Gold Coins production began at La Casa De Moneda in Mexico City beginning in 1919. In 1919, roughly 1,670,000 coins were minted. Production continued briefly through 1920 before it was halted.

Production of the Dos Pesos was restarted in 1944 and continued through 1948.

From 1951-1972 the mint began production again. During this time 4,590,493 coins were restruck, most dated 1945.

In 1996 additional restrikes were produced with a matte finish. An additional 260,000 restrike coins dated 1945 were struck minted 2000-2009.

Dos Pesos coins that were produced at La Casa De Moneda carry the “Mo” mint mark, with the lowercase o being centered above the uppercase M.

On most Gold Dos Pesos coins the mint mark is most commonly located on the reverse, at the bottom below the bow in the wreath.

Coin Highlights:

  • Denomination: 2 Pesos
  • Total Weight: 1.666 grams
  • Actual Gold Weight (AGW): .0482 troy ounces (1.499 grams)
  • Composition: 90% Gold, 10%
  • Diameter: 13 millimeters
  • Thickness: 1.02 millimeters

Dos Pesos Mintage Chart

Year Mintage Comments
1919 Mo 1,670,000
1920 Mo 4,282,000
1944 Mo 10,000
1945 Mo 140,000 1945 original strikes
1945 Mo 4,590,493 1951-1972 restrikes (dated 1945)
1945 Mo 1996 Matte restrikes (dated 1945)
1946 Mo 168,000
1947 Mo 25,000
1948 Mo 45,000

The mintage years for the Dos Pesos Gold coin spanned 90 years. The majority of the coins produced and available in the market are restrikes dated 1945.

Throughout the 90 year production run 10,930,493 Dos Pesos Gold coins were produced.

What to consider before you buy gold

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When you’ve come to realize that making an investment in precious metals may be of interest to you it’s important to have additional knowledge of the industry before you spend money. Here are some important factors to consider before you buy gold or other precious metals.

Price transparency

The spot price of gold is controlled by global commodities markets and changes frequently based on market conditions. When buying gold online the dealer should provide an accurate price for the gold that you’re buying based on the current spot price, plus the dealer premium.

  • Mint and weight: Gold dealers sell bars, coins and other forms of refined gold storage that is produced by a specific company or mint. Some Mints, such as PAMP Suisse, Valcambi, and the Royal Canadian Mint (RCM) are more reputable and widely recognized than others and may come with a higher premium.The weight of gold coin or bar is the largest contributing factor to the cost. In general, the greater the weight, the lower the premium you’ll pay over the spot price to the dealer.
  • Additional fees: In addition to the base cost of the precious metals, online bullion dealers may charge a range of fees.The dealer premium is the base markup over spot price that you pay when you buy gold. Each dealer charges a different premium. This is an important factor to consider and comparing prices of the same product with different dealers can show a large difference in price. FindBullionPrices.com lists multiple dealers selling a particular product, along with the price that they charge and breaks down the price to show the fees.
    Dealers may also include transaction fees based on payment methods. Typically, the lowest price will be for paying with a cash equivalent such as e-check, ACH or check. Buying gold with Credit Cards, PayPal, Bitcoin and other payment methods will incur a fee of around 4%.
    Shipping charges can also be added. Some dealers include the cost of shipping for free with a minimum purchase amount. There are many dealers whose minimum purchase amounts are around $100 for free shipping.
  • Taxes: Some states require sales tax on gold and precious metals purchases. In some states there may be minimum purchase amounts that are exempt from sales tax. Since the Supreme Court ruled in favor of the States in South Dakota v. Wayfair, many online gold dealers have begun to charge customers taxes on bullion purchases. Some online dealers have found loopholes to avoid charging and collecting sales tax in those states.
  • Posted prices: Trusted and reputable online gold and silver dealers will have the price of each item prominently displayed on their website. The posted price, plus any transactional or shipping fees will be conspicuously and noticeably displayed on their website. When calling companies that do not display the price per ounce for gold or silver may try to sell you numismatic coins at a much higher premium. These bait and switch tactics are not used by trusted and reputable online bullion dealers.
  • Management fees: You may choose to have the dealer store your gold after purchase, making them the custodian. Storing precious metals with a dealer will incur some ongoing management fee, similar to the fees charged at any brokerage for investment portfolios. The only way to avoid ongoing storage fees is to take physical possession of your precious metals. If you don’t have an adequate safe at home where you can store your precious metals you may want to consider storing your metals in a safe deposit box at your local bank. Taking possession of your precious metals at a later time can be time consuming. If you don’t hold it, you don’t own it.

Buying and selling

Precious metals are often used as a hedge for storing wealth in times of economic volatility or political uncertainty. The liquidity of gold and silver is important. Precious Metals dealers play an important role in the secondary gold and silver bullion market.

There are some things to consider when you are ready to sell or need to sell some of your gold investment.

Gold is typically held physically in bars or rounds ranging from as small as 1 gram to a kilo. When it comes to understanding how to buy gold, here are some things to keep in mind:

  • Quality: The standard quality of gold (and silver) in fineness is .999. Gold and silver.Some gold coins, such as the American 1 oz Gold Eagle or South African 1 oz Gold Krugerrand are comprised of an alloy reducing the fineness of the gold to .900. This adds durability that allows the coin to be handled. However, the coin still contains 1 troy ounce of pure gold.Some other gold coins, such as the Canadian 1 oz Gold Maple Leaf or American 1 oz Gold Buffalo are minted with a fineness of .9999 making them softer and can be prone to scratches depending on how they are handled and stored.
  • Transaction fees: Despite what some may say, it is not standard industry practice to charge customers a fee to sell their gold. When it comes time to sell your precious metals, any reputable dealer will make you an offer that is fairly based on the current spot price. The price will depend on the specific item that you are selling, the fineness and quality of the gold or silver, the mint or manufacturer and possibly several other market factors. Trusted and reputable dealers will typically offer between 90%-98% of the current spot price. There are some exceptions. Sovereign government coins, such as Gold American Eagle or Canadian Gold Maple Leaf coins can usually be sold at spot price or for a slight premium above spot price, depending on the dealer and market conditions.
  • Direct sales: When selling gold, there are several options. A seller can typically sell their gold back to the dealer that they originally purchased from, but the dealer will often offer a lower price than the spot price and/or transaction fees.Online markets like eBay allow gold owners to sell directly to buyers, however, eBay auction fees and subsequent PayPal fees can quickly eat into the costs.

Storing precious metals

Misplacement or theft of your precious metals are real concerns. Gold can easily and quickly be turned into cash at any pawn shop, local coin shop or “We Buy Gold” store. Investing in a proper, TL rated safe that can be secured in some way to the foundation of your home may be necessary. Having an adequate security system is also important in deterring would-be thieves should you chose to store your precious metals at home.

Having a safe-deposit box at your local bank is also an option to consider. However, it’s important to note that the contents of safe-deposit boxes are not insured by the bank and are not covered by the FDIC.

Most home-owners insurance policy will not provide coverage for precious metals or numismatic coins without an additional policy rider.

Reputation

It’s important to find trusted and reputable gold dealers to do business with.  Taking the steps necessary to ensure that you are working with a reputable gold dealer helps reduce the risks of encountering counterfeit bullion. You should have total confidence in the dealer when you are ready to buy gold.

  • Transaction history: One of the simplest to determine if a dealer is trustworthy and reputable is to look at online customer reviews of bullion dealers. There are also many third-party companies that record customer transactions and customer satisfaction.

What are the American Silver Eagle Key Dates?

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Cheapest American Silver Eagle

American Silver Eagle coins serve as a cornerstone of many collections and precious metals investment portfolios. These bullion coins have been produced in large quantities each year by US Mint since 1986. If you are new to collecting, you may wonder what are the Key Dates for American Silver Eagle coins?

For the most part, bullion Silver Eagles are worth a small premium over spot price.

However, some mintages and variations are far less common than others. To collectors,  some of these American Silver Eagle key dates are highly sought after and can command a very high premium.

1986 Silver Eagle

The 1986 Silver Eagle was the first of this series produced by the US Mint. The first year, almost 5.4 million bullion coins were minted and nearly 1.5 million proof Silver Eagles.

Compare that to more recent mintages, such as 2015, when 47 million coins were minted.

Being the first coin in the series and having a relatively limited mintage, the 1986 Silver Eagle is collectable. This coin typically commands a premium over spot price. For collectors of Silver Eagle coins, the 1986 Silver Eagle stands out as a quintessential coin to own.

Uncirculated 1986 Silver Eagles can usually be found for around double current spot price. For specimens that are graded by NGC or PCGS in the MS69 or MS70 grades can sell in the hundreds of dollars.

Proof coins, either having a high grade or that include the original mint issued box and certificate of authenticity (COA) can command even higher premiums.

1994 Silver Eagle

The 1994 Silver Eagle mintage was the lowest to date since the introduction of the series. Only around 4.2 million bullion coins were produced, and only around 372,000 proof coins issued.

The coins from this mintage year tend to command premiums similar to those of 1986 due to their rarity. The quality of many of the coins produced during this year have been known to contain milk spots and other imperfections.

1996 Silver Eagle

Production problems arose during the 1996 minting of Silver Eagles. This has been the lowest production year in the entire American Silver Eagle series. Only around 3.6 million bullion coins were produced during the entire year.

Milk spots and other imperfections were common. According to the NGC Census, there are only 334 1996 Silver Eagle coins graded as MS70. Those coins sell for thousands of dollars each at auction.

1995 W Proof Silver Eagle

The 1995 W Proof Silver Eagle was only included as part of a special release and has the lowest mintage to date of all Silver Eagles. The set was issued as a 10 year anniversary collection that was comprised of the four Proof Gold Eagle denominations along with Silver Eagle Proof.

Each of the coins in this special set featured the W mint mark. In total, the mint had planned to produced only 45,000 sets. However, sales were unexpectedly low and only 30,125 units sold.

The 1995 W Silver Eagle Proof is arguably the rarest coin of the series and is the one most sought after by serious collectors. Only 373 are exist with the PCGS grade of MS70. In 2013, one of these coins set an auction record of nearly $87,000, one of the highest prices ever paid for a modern coin.

eBay Bucks 8% Bonus Offer – Expires July 31 at Midnight

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ebay bucks silver bars

eBay Bucks 8% Bonus Offer

On Monday eBay announced their first Bucks promotion of the quarter on all qualified purchases. The bonus gives a reward of 8% instead of the usual 1%.

If you still have unspent eBay Bucks from last quarter time is running out to spend them. Now is the best time to double-dip.

As usual items listed for sale in the bullion categories are not eligible for earning eBay Bucks.

However, there are plenty of Gold, Silver and Junk bullion items available in other categories that do qualify to earn Bucks. Some of these items are near or below melt prices when factoring in the eBay Bucks bonus.

This bonus promotion runs until midnight Pacific time tonight (7/31).

You can learn more about the eBay Bucks program including how to sign up and receive the bonus offers from eBay’s FAQs.

If using a credit card that gives 2% cash back then the net price of each deal is even less.

Some highlights of the deals available include:

eBay Bucks Eligible Gold Bullion

eBay Bucks Eligible Silver Bullion

eBay Bucks Eligible 90% Silver Coinage “Junk” Silver Bullion

Hundreds more eBay Bucks eligible gold, silver and junk bullion items can be found on our website.

Visit the eBay Homepage and click on the banner to activate the promotion first. If you don’t receive the targeted promotion be sure that you’ve signed up for eBay Bucks and have opted-in to receive the promotions.

More details on eBay Bucks can be found here. Check out this eBay thread if you are signed up but aren’t receiving eBay Bucks Promotions

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Be sure to also check out the latest Silver at Spot Prices deals on our website, which includes recent offers from BGASC and Golden Eagle Coins.

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ebay bucks bonus bullet Compare Top Bullion Prices Chart
ebay bucks bonus bullet eBay Bucks Eligible Bullion

 

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Junk Silver – Washington Quarters

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Bag full of Junk Silver Quarters

The Washington Quarter has been in circulation since it’s introduction in 1932. From 1932 until 1964 all of the Washington Quarters minted contained an alloy of 90% silver. Circulated coins from this era typically have little to no collector or numismatic value. Often, people refer to them as “Junk Silver”.

Buying Junk Silver is a popular way for precious metals investors to acquire silver for a very low premium over spot price or melt value. It is also in high demand with “preppers”. Many preppers and survivalist believe that junk silver will become a primary means of bartering if civilization as we know it collapses. However unlikely that is to occur, it’s entirely possible.

The most common Junk Silver items that investors and preppers flock towards are Washington Quarters and Roosevelt Dimes. These two types of coinage account for the vast majority of Junk Silver that is available in the secondary bullion market today.

The Washington Quarter was produced in 90% silver for 32 years. During that time, roughly 3,776,126,601 Washington Quarters were minted. That’s over 3.75 billion Silver Washington Quarters.

Each Silver Washington Quarter weighs 6.25 grams. The alloy is 90% silver and 10% copper. This means that each quarter contains 5.616 grams of silver and .634 grams of copper. There will be some weight reduction due to circulation, and wear and tear over time. In general that amount lost will be pretty small.

Quick Facts about Silver Washington Quarters

  • Each $1 Face Value (4 quarters) contains roughly .715 troy ounces of silver.
  • One $10 Face Value Roll (40 quarters) contains roughly 7.15 troy ounces of silver.
  • One $50 Face Value Bag (200 quarters) contains roughly 35.75 troy ounces of silver.
  • One $100 Face Value Bag (400 quarters) contains roughly 71.5 troy ounces of silver.

Where to Buy Silver Washington Quarters?

Silver Washington Quarters can usually be found at most pawn shops, local coin shops, eBay and other online bullion dealers. The vast majority of Washington Quarters have no numismatic value and you should buy them as close to spot or melt price as possible.

Many online bullion dealers sell Junk Silver Washington Quarters by number of dollars face value. It is common to see product listings on dealer websites showing $10 Face Value of Circulated Pre-1964 Washington Quarters. One typical bank roll of quarters is $10 Face Value, which is 40 quarters.

How to Calculate the Melt Value of Silver Washington Quarters

To calculate the melt value of Washington Quarters, you can take the weight of each quarter, roughly .179 troy ounces. Multiply the weight by .90, which is the amount of pure silver contained in the alloy to get the approximate silver weight. This should be roughly .161 troy ounces. Then, multiply that by the current spot price of 1 troy ounce of silver.

So, if the current spot price for silver is $16.50, each Silver Washington Quarter has a melt value of around $2.66.

Should you sign up for a Bullion Subscription Box?

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Over the past several years the number of companies offering monthly bullion subscription box products has proliferated into virtually every niche.

Is it any wonder that more than a few different monthly subscription services related to silver and gold bullion have been brought to market?

Not really surprising.

Are they worth it for the average precious metals investor?

What are the bullion subscription box services?

Several different bullion subscription services have emerged over the past couple of years. Each bullion subscription service allows for investing in silver, gold and platinum bullion at monthly intervals with a fixed amount of money spent.

The amount of bullion received in each monthly shipment will vary depending on the spot price of each of the precious metals as well as the amount each investor has chosen to spend.

Investor Crate

What is Investor Crate?

Investor Crate is one of the most popular bullion subscription services to have emerged over the past couple of years. InvestorCrate offers a variety of subscription levels that include gold, silver, platinum and constitutional or “junk” silver.

Their monthly subscription boxes start at $50 and go as high as $1,000 a month.

The subscriptions that they offer include:

50/50 Combo

This monthly subscription box contains a mix of Gold and Silver. The exact mix is determined each month based on availability and spot price. Though it’s hard to imagine what mix of gold and silver you might expect if you’re subscribing at the lowest level of $50.

The Big Bar Crate

This monthly subscription box is for those interested in just silver bars. The exact items, size and quantity of the silver bars in this box are going to depend a lot on how much you’re paying each month for the subscription.

For the basic subscription level of $50 the most one could expect at the current silver spot price would be around 3 troy ounces a month. As spot price rises the amount of silver each month will decrease.

InvestorCrate has several other varieties of combo boxes that you can subscribe to each month. They have a subscription crate that includes only items issued by the US Mint, such as American Silver Eagle coins and perhaps other special release bullion items.

Subscription prices range from $50 to $1,000 a month.

Money Metals Exchange

Money Metals Exchange offers a couple of different options for monthly subscription services for both gold and silver bullion. Their Monthly Gold & Silver Savings Plans offer the option to invest as little as $100 a month in silver, in gold, or a combination of silver & gold.

Instead of being sent a random box of bullion every month they allow you to choose your specific investments. The idea being their plan is based on the strategy of dollar-cost averaging. Dollar-Cost Averaging is an investment strategy that focuses on investing the same dollar amount at regular and consistent intervals.

In the Money Metals Exchange monthly savings plan you chose from a list of popular bullion items. The choices available include sovereign government backed coins such as Silver & Gold Eagles and Maple Leafs, as well as generic bullion bars and rounds in a variety of sizes and weights.

Subscription prices start at $100 a month.

GMRGold

GMRGold offers monthly curated bullion subscription boxes similar to those from InvestorCrate.

They offer three subscription levels, Basic Bullion Box, Advanced Bullion Box, and Elite Bullion Box.

The Basic Bullion Box costs $100 a month, the Advanced Bullion Box is $250 a month and the Elite Bullion Box is $500. They also offer an option for Custom Bullion Box for any larger amount.

Their expert advisors curate what is included at each level every month. Items delivered each month may include Gold and silver bullion, bronze and/or copper precious metals, and will be in the form of coins, bars or rounds.

Are bullion subscriptions worth the money?

Generally speaking, No. Bullion Box subscriptions aren’t a good value for the money. In each case the company needs to make money. With spot price changing on a constant basis it’s difficult for these companies to lock in prices that would compare to many of the larger dealers.

Most often, the items included in the monthly subscription won’t compare to just setting aside money every month and buying the items you want yourself. There are lots of InvestorCrate unboxing videos on YouTube that show what is included in their typical boxes and most seem disappointing for the cost.

 

What are Secondary Market Silver Bars?

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10 oz silver bullion bars

Secondary market silver bars come from a dealer buying them from a third party source other than the original mint. Often, dealers will buy entire collections from individual investors that are looking to divest all or some of their portfolio. The dealer will them offer these items for sale, listing them on their website, sometimes as random generic silver bars.

The amount and purity of the silver in these silver bars is the same as buying from the original source. The difference is that secondary market bars may show some signs of wear, including tarnish, dings, scratches or other marks that show they’ve been handled.

10 oz silver bullion bars

Investments in secondary market precious metals can be advantageous when comparing with primary sourced silver bars. Online bullion dealers will often have the prices on these with a premium that can be substantially lower than those on newly minted silver bars.

Secondary Market Silver Bars are Cheaper

There are several reasons why you should buy random generic silver bars. Below are just a few of those reasons.

  • Dealers buy silver bars from individuals. Often paying below spot price. This allows them to price these products with a lower premium than primary market products.
  • You can sometimes find harder to find Engelhard Silver Bars.
  • Prices after often lower due to wear or signs of being scruffy or tarnished.
  • It is a good way to get begin to buy silver bars because the premiums are often lower.

While these are just a few of the reasons people buy silver bars from the secondary market, investors have a large variety to choose from that are high in quality and offer great value.

Where to buy the cheapest silver rounds for sale online?

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Many first time investors wonder where to buy the cheapest silver rounds online. Or they may ask which dealer has the lowest price on silver rounds.

The first response most experienced silver buyers recommend is to start buying up the Silver At Spot Price deals that are offered by some of the top dealers.

Buy Generic Silver Bullion Rounds

One of the most obvious ways to get the best price possible is to purchase products that carry the lowest premiums over spot price.

Silver Bullion is manufactured and minted in multiple forms including bullion bars, rounds, coins and collectible coins. Each of these products can, however, have some significant differences when it comes to overall premiums.

Silver Bars

Bullion bars that are at least 10 oz in weight will often carry the lowest premiums. This is primarily because much of the refining and manufacturing costs are easy to control. 10 oz Silver Bars are made in large quantities. The designs of most 10 oz silver bars often feature simpler designs when compared to coins or collectable rounds.



10 oz silver bullion barsThere are primarily two very different styles of bullion bars that are readily available from most online bullion dealers; minted bars and cast bars.

While both may offer a significant per-ounce savings compared to coins or rounds, cast bars may offer an even lower premium than minted bars.

Second to 10 oz bullion bars, silver rounds are the next most cost effective way to buy silver.

Silver Rounds

Rounds are not considered legal tender, have no face value and are not guaranteed or backed by a sovereign government. Silver Rounds are valued simply for the intrinsic value in their metal content.

Some rounds may have premiums comparable to bullion bars, while others could be slightly higher on a per-ounce basis.

When buying silver bullion rounds, the cheapest silver rounds will often be labeled as generic silver rounds or secondary market silver rounds.

Generic Silver Rounds - Buffalo DesignGeneric Silver rounds will often have simple designs. The most common generic rounds may include designs based on James Earle Fraser’s buffalo nickel, which features a standing buffalo on one side and an Indian head on the other. Generic silver rounds of this style are manufactured by virtually every private mint and are often some of the lowest priced silver rounds sold by dealers.

Secondary market silver rounds can be virtually anything that the dealer’s have in stock. In most cases, secondary market silver rounds have been bought over the counter from investors that are liquidating their precious metals investment. Dealer’s will buy these in bulk, often times at a discount below spot price. As a result, the premiums on secondary market silver rounds will typically be lower than all other silver rounds. Their condition may vary from dealer to dealer, some may be scratched or tarnished. Secondary market silver rounds will often be the cheapest silver rounds that dealers sell.

Silver Bullion Coins

Bullion coins, which are good, legal tender, most often will carry significantly higher premiums compared to bars or rounds. This can be due to the coin’s monetary value, that coin’s often feature very intricate design work, and that they are guaranteed and backed by a sovereign government.

Examples of bullion coins include American Silver Eagles, Canadian Silver Maple Leaf coins, Britannia Silver Coins from the United Kingdom and the Libertad from Mexico.

For those interested in paying the lowest premiums, bullion coins are often avoided. Even though in some cases bullion coins will retain some of their premium over spot price, the premium is typically much lower than the cost to purchase.

Buying bullion bars and rounds offers the lowest per-ounce premiums and is one of the most ideal ways to build a big precious metals portfolio or collection.

Buy Cheap Silver Rounds In Bulk

Another simple method of getting the best price is to buy silver bullion in bulk when possible. Buying silver bullion in larger quantities enables you to pay lower premiums than you would if you were buying just a few ounces at a time.  Larger weight bars, such as 100 oz silver bars, for example, carry lower total per-ounce premiums compared to smaller weight bars.

Coins and rounds can also be purchased in bulk. Most dealers offer some significant per-ounce discounts based on the quantity purchased. Most online bullion dealers provide multiple pricing tiers.Bulk Silver Rounds

For a given product, a dealer may set a certain price point for those buying 1-9 rounds, a slightly lower price for 10-19 rounds, and yet an even lower price for 20 rounds or more. The quantity and pricing tiers vary from dealer to dealer and sometimes from product to product. Buying coins or rounds in mint tubes or monster boxes can offer a significant savings.

Compare Cheapest Silver Rounds Prices from Multiple Dealers

Silver bullion is a commodity. Most online bullion dealers all carry many of the same exact products. However, the price of a given product could be significantly higher from one dealer to the next.

This is why it is important to compare prices of the products you are looking to buy.

FindBullionPrices.com compares prices of over 400 Silver, Gold and Platinum bullion products across dozens of online bullion dealers. Use FindBullionPrices.com to find the best prices on silver rounds so you can buy with the best premiums possible.

Shipping and handling costs can be a factor in getting the lowest overall premiums for your investment. Many online bullion dealers will include free shipping with a minimum purchase. The free shipping requirements vary from dealer to dealer. Their are many dealers that include free shipping with a minimum $99 purchase.

Payment Methods – Check/Wire, Credit Card, PayPal, BitCoin

Another way to save on the dealer premiums is to choose a payment method that will not include additional surcharges.



Online bullion dealers charge roughly a 4% fee for payments via Credit Card or PayPal. This is due to the transaction costs from the merchant provider that are passed through to the dealers. The dealers pass this cost through to the end buyer.

Technically, they get around this by offering a cash discount price for those wishing to pay via Check, e-Check or Wire Transfer.

Many dealers accept BitCoin for payment now. As a result, some dealers offer an addition discount tier when payment with cryptocurrencies.

However, to get the best prices, stick with checks, wire transfers and e-checks.