Precious Metals 101: Buy Silver at Spot Price Deals

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Some online dealers offer spot price deals to new customers as an incentive to purchase. By combining all the available spot price offers, investors can build a small precious metals portfolio that contains around 2 kilograms of silver plus 1 oz and 11 grams of gold.

Silver at Spot Price Deals

Silver at spot price deals are available to new customers. Each dealer has typical restrictions that allow only one offer per household. These offers are low-risk paths to invest in silver. Some offers include free shipping, and some don’t. It’s essential to check the fine print on each dealer’s website for the exact terms and conditions since they can change anytime. Many online dealers today have a minimum order amount to qualify for free shipping. Some offers meet the threshold and qualify, but some do not.

JM Bullion: 10 oz Silver Starter Pack

Having been around for many years, it has become a rite of passage for new investors to buy the JM Bullion Starter Pack. The kit includes ten 1 oz Silver Rounds at spot price. The styles of rounds often change, but they will be new silver rounds from a trusted American mint. Silver at spot price deals are available to new customers.

What’s in the JM Bullion Starter Pack?

  • It ships in a plastic tube inside a custom velvet pouch
  • Each tube contains ten 1 oz .999 silver rounds
  • All orders include tracking and insurance
  • 10 oz at spot offer limited to one per household.

Silver Gold Bull: Custom 10 oz Silver Bar at Spot Price

Silver Gold Bull is famous for the custom-minted 10 oz silver bar at a spot price. While based in Canada, all their orders ship from vaults in the Las Vegas area. With recent silver prices, these 10 oz bars qualify for free shipping.

Silver Gold Bull 10 oz Silver Bar Spot Price Deal Minted by Sunshine Minting
Silver Gold Bull – 10 oz Silver Bar at Spot Price

GoldClub Direct: 10 oz Silver Bar at Spot Price

GoldClub Direct offers new customers a random mint 10 oz Silver Bar at a spot price. These are typically generic silver bars or secondary market silver bars. Buying a 10 oz silver bar at a spot price also qualifies for free shipping.

GoldClub Direct Random Mint 10 oz Silver Bar at Spot Price
GoldClub Direct – Random Mint 10 oz Silver Bar at Spot Price

Monument Metals: Monument Starter Pack

Monument Metals offers the Monument Starter Pack, which is hard for new investors to resist. This pack includes five 1 oz Buffalo Silver Rounds at spot price.

Monument Metals is a family-owned business in Maryland that began selling to the general public in 2014. The firm’s owners are veterans of the numismatic and bullion business, with nearly three decades of combined industry experience.

Monument Metals - 5 oz Silver at Spot Price Deal
Monument Metals – 5 oz Silver at Spot Price Deal

What’s in the Monument Starter Pack?

The Monument Starter Pack includes:

  • Five 1 oz Silver Rounds.
  • Free shipping with orders over $199.

SD Bullion: 5 oz Silver at Spot Price

Founded in Michigan in 2012, SD Bullion has built a reputation for consistent pricing. The offer is a 5 oz silver bar at spot price, which is available from SD Bullion. At current silver prices, this does not qualify for free shipping. However, free shipping is available with a minimum purchase of $199.

SD Bullion – 5 oz Silver at Spot Price Deal

What’s included?

The SD Bullion deal includes:

  • Five ounces of .999 silver at spot price.
  • Can be a mix of rounds or a 5 oz bar.
  • Free shipping on orders over $199.

Bullion.com: 2x 10 oz Bars (20 oz Silver at Spot)

Bullion.com has an offer for two 10 oz silver bars at spot price, which also qualifies for free shipping. This offer is currently out of stock.

Bullion Exchanges: Multiple at Spot Price Deals

Bullion Exchanges currently has multiple silver at spot price offers. These include:

These offers from Bullion Exchanges are sometimes out of stock. If that happens, check back several days later to see if the offer you’re looking for is available.

Gold at Spot Price Deals

Some dealers also offer gold at the spot price offers in addition to the silver offers. These deals carry the same restrictions as the other offers but are an opportunity for those interested in buying gold to start a small precious metals portfolio while saving on dealer premiums.

These deals are good for beginning investors who want to get physical precious metals. By combining all of these offers, you will have a diverse precious metals portfolio that includes a combination of investment-grade silver bars, silver rounds, and silver coins, along with a variety of 24k gold bars.

SD Bulion: 10 gram Gold Bar at Spot Price

The Doc at SD Bullion has an offer for a 10-gram Gold Bar at Spot Price. Argor-Heraeus mints the bar and incorporates their Kinebar hologram innovation, which is almost impossible to counterfeit.

JM Bullion: 1 oz Gold Starter Pack

The JM Bullion Gold Starter Pack allows investors to buy a 1 oz gold bar at a spot price.

APMEX: 1 gram Gold Bar at Spot Price

New customers can purchase a 1-gram gold bar at the spot price in the APMEX app. To do so, install the app on your phone, create a new account, and add the bar to your cart.

Understanding Promotional Terms

Many of these deals come with specific terms and conditions you should be aware of. While each dealer’s specific terms and conditions with vary, in general, these offers are limited to a certain number of items per household and are typically restricted to new customers only. With many online dealers, free shipping is available with a minimum purchase amount.

These offers provide a lower entry barrier for new investors to make it easier to start investing in gold and silver. By taking advantage of these offers you can get more silver for your dollar by avoiding markups commonly found with retail prices. Depending on the dealer and markup on comparable products, this can amount to a 5% to 10% discount on your first purchase.

Making Wise Investment Choices

Starting your investment journey in precious metals doesn’t have to be daunting or expensive. You can make savvy investment choices without overspending by taking advantage of these silver at spot price deals. Whether you are interested in coins, rounds, or bars, these offers provide a gateway into gold and silver investing.

Costco Selling $100 to $200 million of gold per month, Wells Fargo

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Costco Gold Bullion on Display in a Warehouse Location

In a letter to investors, an analyst from Wells Fargo estimates that Costco may be selling up to $200 million in gold each month.

Based on recent spot price averages, that would mean the brick & mortar retailer may be shipping up to 85,000 troy ounces of gold each month, the equivalent to around 2,400 kilos of gold.

Earlier in the year, Costco stated that gold sales contributed around $100 million in revenue in the final quarter of last year when they first began the offerings.

Since then, Costco has been making regular offerings of gold coins from both the US Mint and Royal Canadian Mint, such as the 1 oz Gold Buffalo and 1 oz Gold Maple Leaf coins.

The offerings have also included various denominations of gold bars from PAMP Suisse and RAND Refinery. In addition to the 1 oz Lady Fortuna gold bars, there have been sales of the PAMP Multigram+25 gold bars as well as larger sizes such as 50 gram and 100 gram gold bars.

The premiums that Costco charges seem to be roughly 2-3% over spot, which is a great deal for current year coins. From online bullion dealers, the premiums for current year gold coins are typically around 4.5% at the low end, while secondary market coins will usually be in the 2-3% range.

Costco offers their Executive members a 2% reward, which allows these members to buy gold coins below spot price. When shopping online for these deals, the best practice is to use a credit card that offers additional rewards in the form of cash back. The industry average credit card rewards adds an additional 2%, which some offer more.

The spot gold prices have been hitting record all time highs in recent weeks, overall gold is up around 13% YTD. Industry analysts suggest that the mass buying by the central banks of BRICS countries, along with persistently high inflation in the US, and record high government debt are major contributing causes to the surge.

Silver Gold Bull 10 oz Bar at Spot Price Deal Returns

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One of the most popular silver at spot price deals is the 10 oz Silver Bar at Spot Price from Silver Gold Bull. This particular silver bar is minted by Sunshine Minting and contains a custom design that features the Silver Gold Bull charging bull logo. Click here to visit the Silver Gold Bull product page to learn more about this offer.

  • Minted with 10 troy ounces of .999 fine silver.
  • Obverse: Silver Gold Bull logo with a charging bull and the words “999 Fine Silver 10 Ounces”
  • Reverse: Silver Gold Bull logo and the words “Build your wealth in ounces” with the bull logo ghosted in the background

The silver at spot price deals that are offered by various online bullion dealers are a way for new customers to explore the ownership of precious metals with very low risk.

For many investors, 10 oz silver bars are the most popular choice as a store of value due to their compact size, low price point, wide availability and stackability. These bars are one of the most liquid silver investments and easy to sell when the time comes to liquidate your portfolio.

Silver Gold Bull is a well-regarded player in the precious metals market, known for its wide range of products, competitive pricing, and reliable service. They catering to both investors and collectors, each looking for quality and value in precious metals products.

Silver Gold Bull is known for offering competitive pricing on their products and provide market-driven prices for bullion that are aligned with the current spot prices of gold and silver.

Their website includes transparent pricing, price charts and market analysis, which can be beneficial for customers in making informed purchasing decisions.

This 10 oz silver bar at spot price offer is one of several available similar offers from reputable dealers. Currently, the available silver at spot price offers include:

Check out our silver at spot price deals page for more offers from other dealers.

New Investor Starter Portfolios, Silver Spot Prices Deals and other deals

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cheap silver bars

Various online bullion dealers provide options for pre-determined portfolios, silver at spot price deals and other offers designed to entice investors with a simple and affordable path to precious metals ownership.

These offers are a popular way for investors that are new to metals to experience buying, owning and perhaps selling precious metals, to gain a better understanding of the precious metals and bullion market.

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. It’s essential to understand these premiums and shop around to ensure you’re getting a good deal.

There are a variety of reasons that investors should consider precious metals as an investment. Some investors 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

A variety of leading online precious metals dealers offer ongoing and flash sales offering investors the opportunity to buy silver at spot price.

These offers are 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 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 from online bullion dealers changes frequently based on market activity. Be sure to check out our spot price deals page for the latest offers.

Investor Starter Portfolios

Money Metals Exchange

Money Metals Exchange, a leading precious metals dealer, offers a variety of pre-made portfolios that are perfect for investors that are new to owning precious metals.

The most popular, is their 9-piece silver starter kit. This simple portfolio contains two silver bullion coins from leading government mints, in addition to a variety of privately minted silver rounds in both 1 troy ounce and fractional sizes.

This basic portfolio contains 4 troy ounces of pure silver and is an ongoing special offer that new investors take advantage of.

Additionally, Money Metals offers a variety of larger pre-made portfolios that include both gold and silver. The Gold & Silver Starter Portfolio includes 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 that are looking to quickly build a significant portfolio, Money Metals offers an larger option that offers a very rapid way to acquire 120 oz of silver that is 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 kits and portfolios include some of the most popular and widely traded bullion products, which means they are liquid and you will be able to instantly sell and command the fairest price when you are ready.

The portfolios include a variety of both full 1 troy ounce size as well as smaller-sized gold and silver bullion that are 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 that contains both gold and silver at a variety of budgets and price points.

By purchasing a fixed dollar amount of precious metals every month, subscribers effectively use a dollar-cost averaging strategy. 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 the customer. This is in contrast to many other investment platforms where investors might use an app to buy a stake in precious metals, such as buy vaulted silver or gold or ETFs, but don’t physically possess them.

The company also provides educational resources and information about precious metals and investing on their website to assist newcomers in the field and subscribers can adjust their budget or cancel their subscription at any time.

Banking Crisis Excites Investor Demand for Silver and Gold

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Gold is money. Period. The fiat paper currency that we use for daily transactions is little more than an IOU from the government. Except with inflation, the value of fiat keep getting lower and lower.

The start of the latest banking crisis began with the failure of SVB that was quickly followed by Signature Bank. Regulators attempting to prevent bank runs put up ‘backstop’ to ensure depositors that their funds will be safe and accessible.

The current Orwellian doublespeak flaunted by the mainstream press is driven by regulators trying to convince customers that this time is different. It’s essentially a bank bailout.

The big global banks like JP Morgan and Bank of America have seen an influx in deposits as smaller regional banks continue to request emergency funds from the Fed.

Hot on the heals of this banking crisis, the Federal Reserve has announced that it will rolling out its FedNow instant payment service in July which many see as a precursor to CBDC rollout.

As the stock market continues to tumble, the latest news about Credit Suisse and from the Bank of Japan may be sending the Western world into a recession as some analyst are predicting that Russia, China and Iran are on the cusp of launching of a BRICS gold-backed currency that will unseat the dollar’s hegemony.

Over the past few weeks investor uncertainty has returned to the stock markets as retail investors pile into precious metals in volume unseen since the start of the pandemic.

Estimates of precious metals sales based on inventory data from APMEX shows record sales of both gold and silver.

Gold sales at APMEX topped 27,000 troy ounces in the past seven days. While sales of silver bullion exceeding over 1 million troy ounces in the same seven day period.

FindBullionPrices.com tracks prices from dozens on online bullion dealers, including APMEX. APMEX is one of the largest and most popular bullion dealers in the country.

As precious metals prices remain relatively low many other online dealers are reporting delays in shipping as order volume continues to rise.

Retail investors looking for deals to add to their stack can often find the best prices when buying random year or secondary market coins.

The secondary market is where previous year gold bullion coins are traded between investors and dealers. These coins may have been stored since the year they were minted or may have traded hands dozens of times. Regardless, these gold coins maintain their intrinsic value and will continue to be a store of wealth for future generations.

Stacking physical gold and silver bullion a one way to help protect the financial security of your family in ways far beyond that of trading crypto or ETFs.

First time precious metals buyers are invited to checkout the current Spot Deals page for offers from online dealers to buy silver for spot price. Gold buyers also have the opportunity to buy 1 oz gold bar at spot price.

1 oz Gold Bar at Spot Price

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Interest in precious metals continues to spread far and wide as the turmoil in the economy begins to take hold. New investors often have a lot of uncertainty when first learning about precious metals and dealer premiums can raise questions for some.

Many new investors discovered precious metals through spot price deals that were once promoted by numerous dealers prior to the start of the pandemic. Those offers allowed precious metals buyers the chance to buy silver with no dealer markup.

Mining shutdowns, supply chain issue and strong investor demand for silver put an temporary end to those offers until recently.

SD Bullion was the first online bullion dealer to return with a silver at spot price deal earlier this year. New investors can buy one 5 oz silver bar at spot price.

JM Bullion has recently returned with a special offer for those interested in gold.

The Gold Starter Kit from JM Bullion is now available and offers new investors the opportunity to buy a 1 oz gold bar at spot price.

Gold is long considered one of the best investment options when looking for a long term store of value to be a hedge against inflation.

Owning physical gold and silver are one of the few asset options that has no counter-party risk.

Astroid Mining Company Prepares to Launch Demo Refinery this Spring

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While SpaceX is currently the leading company in commoditizing space travel, a new startup is preparing to launch a prototype demonstration outer space refinery.

Space mining startup AstroForge raised $13 million in seed funding last year. The company is poised to launch their first of two launches aboard a Falcon 9 rocket.

Their goal is to test their orbital refinery and scout an asteroid for mineable resources.

The demonstration unit will be filled with an “astroid-like” material that will be incinerated into gases to separate the metals.

AstroForge also intends to explore asteroids for platinum-group metals. In addition to platinum itself, the metals in the group include palladium, rhodium, iridium, ruthenium and osmium. All of these metals have many industrial uses.

Backers of the industry are enthusiastic that extra-terrestrial and asteroid mining will grow to become a trillion industry.

Gold Prices continue a bull run for the sixth consecutive week.

Gold continues week-over-week gains. The market is keeping a close eye on this week’s Fed meeting and anticipating remarks from Chairman Powell at the end.

Inflation, interest rates, the looming debt crisis and the NATO activation of tanks and other artillery support in Ukraine weighing on traders.

Other key economic data points are likely to impact markets.

Though recent data shows that inflation bay be easing, analysts from the Wall Street Journal and others share concerns from Fed regulators that tightening of the labor market in recent years may cause prices to spike.

Uprisings in Peru Impacting Copper and Silver Output

Peru is one of largest producers of copper and silver. Ongoing protests, uprisings and riots against the current government has led to the shut down of at least one mine.

Industry analysts at mining.com report the shutdown may impact up to 30% of the countries copper (Cu) production. Silver is typically found along with copper in large deposits and is mined as a byproduct.

The largest importers of Peruvian silver are Brazil and the United States. The disruptions in Peru are likely to impact copper and silver futures as global inventories have reached record low levels.

Mining Company Issues Apology for Lost Radioactive Capsule

Mining giant Rio Tinto is on the hook for accidentally losing a capsule containing radioactive element caesium 137.

The global mining company operates an Iron Ore mine in Western Australia.

The truck arrived in Perth with the capsule missing. Authorities believe that the capsule fell off the truck during the 870 mile journey through the desert to Perth.

Cesium-137 is a radioactive isotope that is used in medical and industrial equipment.

SD Bullion Launches New 5 oz Silver at Spot Price Deal

Before the pandemic, several online bullion offered regular deals to buy silver at spot price. The silver supply chain has begun to recover.

Online bullion dealer SD Bullion has launched a special promotion to buy a 5 oz silver bar at spot price for new customers.

Buy Silver at Spot Price Returns to SD Bullion

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Pre-pandemic, many online bullion dealers would offer new customers the opportunity to buy 5 oz or 10 oz of silver at spot price.

These incentives are a great for those who are new to investing in precious metals. They offer an opportunity to experiment with a new asset without very little risk.

Why? because silver and gold maintain intrinsic value.

The 5 oz silver at spot price deal is back at SD Bullion. New customers who sign up are offered the chance to purchase a five troy ounce silver bar with no premium and no markup.

SD Bullion provides free shipping on orders over $199. In order to capitalize on the free shipping, it is best to add a few more ounces to you cart to get the best of this deal.

Our list of silver at spot deals updates regularly as these offers become available. Be sure to check out the latest offers from dealers.

Which dealers sell silver at spot price deals?

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silver at spot price deals

The best deal is when you’re able to buy silver at spot price. In the past there were often three or four dealers that regularly offered spot price deals. The offers were primarily a means of attracting new customers.

Silver spot price deals are an incentive for new customers to buy silver from a dealer that they may not have bought from before.

The silver at spot price deals are special offers targeted at attracting new customers. Acquiring a new customer by offering a spot price deal allows a dealer to show new customers that they provide better service and at a better price than their competition.

Silver at Spot Price Deals Are Good for Dealers and Buyers

For people that buy silver, the silver at spot price deals allow them to buy from a new dealer without the risk of high premiums. Silver buyers and investors are always looking for the best deal, especially as dealer premiums from the largest dealers continue to rise.

Smaller dealers that offer a silver at spot price deals use it as a way to earn the trust of a new customer. Showing a new customer the quality of their customer service, allows the dealer the opportunity to contact that customer after the first transaction to show the customer that they offer better pricing than the big guys.

Dealers with Silver Spot Price Deals

A comprehensive list of Silver Spot Price Deals is available on our website. Most of those offers have yet to return. Some of the historical spot price deals that were popular prior to the start of the pandemic.

  • SilverGoldBull – 10 oz Silver Bar at Spot Price, limited to one per household
  • BGASC – 5 oz Silver Bar at Spot Price – One bar at spot price can be added on to each order. This offer is not limited to one per household.
  • SD Bullion – 1 oz Silver Round at Spot Price, limited to one per household
  • Provident Metals – (10) 1 oz Silver Prospector Rounds at Spot Price, limited to one order per household
  • JM Bullion – (10) 1 oz Silver Rounds at Spot Price. The JM Bullion Silver Starter Pack is limited to one per household
  • BOLD Precious Metals – Offers two different spot price deals for new customers. Only one offer can be redeemed at spot price.
  • Monument Metals – (10) 1 oz Silver Rounds at Spot Price, limited to one order per household

Several times per year other dealers will offer flash sales of silver at spot price as a way to move excess inventory. FindBullionPrices.com keeps track of when the dealers offer silver spot price deals.

Buy Silver Rounds at Spot Price

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Silver Rounds at Spot Price

Several dealers offer a special deal to new customers to buy silver rounds at spot price.

These special spot price offers are to entice new customers into making a purchase with little risk to the investor.

The dealers that have these offers limit them to only one per household.

Buying rounds at silver spot price is an excellent way to lower the dollar cost average of your investment in silver. Silver rounds typically have a lower premium over spot price to begin with.

The silver rounds at spot price offers are a great deal. Buying silver rounds at spot price is the best price available.

Dealers that offer silver rounds at spot price include:

  • SD Bullion
  • Monument Metals
  • JM Bullion
  • Provident Metals

Several other dealers have special offers to sell silver bars at spot price.

More information about the silver at spot price offers can be found at FindBullionPrices.com