Various online bullion dealers provide options for pre-made starter portfolios, silver at spot price deals, and other offers to entice new investors to take a simple and affordable path to owning precious metals.
These offers provide investors new to metals to experience buying, owning, and selling precious metals to understand the precious metals and bullion market better.
The price of precious metals can fluctuate based on global economic conditions, demand, and other factors. Beyond the spot price, physical metals often come with premiums, which are additional costs over the metal’s intrinsic value. Understanding dealer premiums and shopping around is essential to ensure you’re getting a good deal.
There are many reasons that investors consider precious metals as an investment. Some are laser-focused on long-term wealth preservation, using silver as a hedge against inflation or developing an interest in numismatics and collecting as a hobby. Pragmatic investors do not expect short-term gains from precious metals. Your reasons for buying silver can influence what types of pieces (bullion, coins, or numismatic pieces) you should buy.
Silver at Spot Price Deals
Various leading online precious metals dealers offer ongoing and flash sales, allowing investors to buy silver at a spot price.
These offers typically allow investors to buy a silver bar or a set of silver rounds with no dealer premium over the current spot price. They are also a way for dealers to acquire new customers, and for investors, they are an opportunity to pay the lowest possible price for silver.
There are many other low-premium silver deals that are close to spot. Some are reduced premiums, often to promote a particular premium mint product. The promotions often lower the cost of high-premium items by at least a few percentage points, which can help maintain a reasonably low dollar-cost average. These offers continue to appear from time to time.
The availability of silver at spot price deals changes frequently based on market activity. Check out our spot price deals page for the latest offers.
Precious Metals Portfolio Starter Kits
Money Metals Exchange Starter Portfolios
Money Metals Exchange offers a variety of pre-made precious metals portfolios perfect for investors new to precious metals ownership.
The most popular is their 9-piece silver starter kit. This simple portfolio contains two silver bullion coins from leading government mints and a variety of privately minted silver rounds in one-troy ounce and fractional sizes.
This essential portfolio contains four troy ounces of pure silver and is an ongoing special offer for new investors.
Additionally, Money Metals offers a variety of more extensive pre-made portfolios that include both gold and silver. The Gold & Silver Starter Portfolio contains 8.575 troy ounces of silver and 1/10 oz gold, with (5) 1 oz Walking Liberty Silver Rounds, $5 Face Value Pre-1965 Dimes, and (1) American Eagle 1/10 oz gold coin.
For new investors looking to build a significant portfolio quickly, Money Metals offers a larger option that offers a very rapid way to acquire 120 oz of silver, a mix of government-backed, private mint, and fractional silver rounds, along with 1.1 troy ounces of gold.
The Gold/Silver Investment Portfolio from Money Metals includes 50 oz private mint 1 oz silver rounds, (50) American Eagle 1 oz Silver Coins, (200) 1/10 oz fractional silver rounds, along with (1) American Eagle 1 oz gold coin, and (1) American Eagle 1/10 oz gold coin.
These starter portfolios include some of the most popular and widely traded bullion products, which means they are liquid. When you are ready, you will be able to instantly sell and command the fairest price.
The portfolios include full one-troy ounce and minor gold and silver bullion suitable for barter and trade in a currency crisis.
Investor Crate and Other Automatic Buying Services
InvestorCrate is a service that offers a subscription-based model for purchasing precious metals. Investors select a monthly budget, and the company then ships a curated selection of gold, silver, or a mix of precious metals to the subscriber’s doorstep every month.
The company offers different “crates” or packages based on the type of metal. Customers can choose from options that include gold-only crates, silver-only crates, or mixed crates creating starter portfolios of both gold and silver at a variety of budgets and price points.
Subscribers effectively use a dollar-cost averaging strategy by purchasing a fixed dollar amount of precious metals every month. This can be beneficial because it reduces the impact of volatility in metal prices over time.
One distinguishing feature that sets InvestorCrate apart from many online precious metals buying services is that they deliver physical metals to customers. This is in contrast to other investment platforms, where investors might use an app to buy a stake in precious metals, such as vaulted silver, gold, or ETFs, but don’t physically possess them.
The company also provides educational resources and information about precious metals and investing on its website to assist newcomers in the field. Subscribers can adjust their budget or cancel their subscriptions at any time.