cheap silver

Why Many Prefer Silver Over Gold When Investing in Precious Metals

More people are buying precious metals as a store of value to hold in lieu of cash.

There are a lot of reasons why silver is superior to gold, beyond the most obvious.

Although silver is up over 100% since the start of the pandemic, most believe there is much more upside potential with silver relative to it’s current value.

Demand for Silver Eagles Spikes, Along with Premiums

The US Mint continues to be slow and unable to meet investor demand.
The failures of the Mint and their planchet suppliers have led directly to significant increases in dealer premiums in recent weeks. This week, the lowest dealer premium for silver eagles is more than 60% over spot price.
Some dealers, such as APMEX and JM Bullion are currently selling silver eagles with premiums at over 88% above spot price.

SD Bullion Updates Shipping Times, Raises Order Minimum to $500

Current backlog for some orders is reportedly extending out 7 or more business days. In addition, they are temporarily limiting new orders to over $500.

Money Metals Exchange has also stated that customers should expect order delays of up to an additional 1 to 2 business days.

Understanding Silver Toning: Causes, Effects, and Cleaning and Value

Toning or tarnish is a layer of corrosion that forms on the surface of silver and can affect the appearance and luster of the shiny metal. Natural versus artificial toning can effect any underlying numismatic value.