Which dealers are charging sales tax on bullion?

As a result of the Supreme Court ruling last year in South Dakota v. Wayfair Inc., some online bullion dealers have begun charging sales tax on purchases. Many buyers had previously switched to buying bullion online in states that charge sales tax to keep the cost of investing in silver and gold bullion down. Over the … Read moreWhich dealers are charging sales tax on bullion?

What is a Silver Monster Box?

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The U.S. Mint ships American Silver Eagles in bulk to its network of authorized purchasers using standardized packaging known as a monster box. Understanding what a monster box is — and how the packaging works — is useful for investors who buy silver in quantity. After striking, the Mint packages Silver Eagles into plastic tubes … Read moreWhat is a Silver Monster Box?

Where is the best place to Buy Silver online?

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Many first-time investors getting their feet wet in precious metals are curious about the best place to buy silver online. There isn’t a simple answer to where to buy silver bullion online because there are many trusted and reputable bullion dealers, and the prices and premiums change frequently. The dealer’s premium is the amount you … Read moreWhere is the best place to Buy Silver online?

Mexican Gold Pesos – Low Premium Gold Coins

Mexican Gold Pesos were first minted in the early 20th century, during which global currencies were backed by gold reserves. La Casa de Moneda de México, established in 1535, is the oldest mint in North America and is renowned globally for its tradition of high-quality precious metal coins. Gold Pesos were minted in an alloy … Read moreMexican Gold Pesos – Low Premium Gold Coins

Sales of American Eagle gold and silver coins drop to 11 year low

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According to sales data released by the U.S. Mint this week, sales of both American Silver Eagle (ASE) and American Gold Eagle (AGE) coins were down in 2018. According to sales data, the U.S. Mint sold 245,500 ounces of Gold Eagle bullion coins during 2018. This was down from 302,500 ounces in 2017 and 985,000 in 2016. Silver … Read moreSales of American Eagle gold and silver coins drop to 11 year low

US Mint Authorized Wholesale Purchasers

2018 American 1 oz Silver Eagle

Unlike other world mints, the United States Mint does not sell its bullion coins directly to the public. Instead, the coins are distributed through a network of official distributors called Authorized Purchasers. The Authorized Purchasers then create a two-way market by buying and selling to precious metal wholesalers, retail dealers, and private investors. In the … Read moreUS Mint Authorized Wholesale Purchasers

10 oz Silver Bars: A Buyer’s Guide to the Sweet Spot of Silver Stacking

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10 oz silver bars sit at the steepest part of the premium curve. The single biggest cost-per-ounce gain in physical silver buying happens between 1 oz and 10 oz — typically a 4–5 percentage-point drop in premium over spot. After that, each step up (kilo, 100 oz) saves less. For most investors with a few … Read more10 oz Silver Bars: A Buyer’s Guide to the Sweet Spot of Silver Stacking

Bullion Dealers Begin Charging Sales Tax for Online Orders

When you click on links to various merchants on this site and make a purchase, this can result in this site earning a small commission. More information about our affiliate programs can be found here. As a result of the Supreme Court decision in June 2018 many online bullion retailers have begun to collect sales … Read moreBullion Dealers Begin Charging Sales Tax for Online Orders

3 Best Scales for Silver & Gold Bullion

A precision digital scale is an essential tool for any precious metals investor or coin collector. Verifying the weight of a coin or bar against its published specifications is one of the simplest and most effective ways to confirm authenticity, and it only takes a few seconds. Reference weights and dimensions for virtually every bullion … Read more3 Best Scales for Silver & Gold Bullion