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.
In a press release last week the Royal Mint reported record demand in international sales for the final quarter of 2021. Many stackers have been choosing to buy one-ounce Britannia coins since they are regularly one of the lowest priced sovereignly minted coins available. Demand for silver Britannias increased 14% over the same quarter in … Read moreRoyal Mint Reports Record Demand from American Investors
Silver bullion was used in the minting of all dimes, quarters, half-dollars, and dollar coins before 1965. The silver in these coins is 90% pure silver.
American Silver Eagle Coins, the Silver Standard The American Silver Eagle (ASE) coin has become the most recognized government-issued bullion coin in the world. Introduced by the US Mint in 1986, it has stood the test of time. Millions of Silver Eagle coins are minted each year, and investors and silver stackers are always on … Read moreCheapest American Silver Eagle coins
Secondary market precious metals are like the used car market for silver and gold bullion. Newly minted bars, coins are rounds are sold by online bullion dealers, local coins stores and pawn shops shortly after they have been manufactured.
Buying silver at spot price from these dealers is an opportunity to get a decent amount of silver bullion for the lowest price possible.