Precious metals are considered one of the safest investments during economic downturns. They are also one of the most popular options to have on your portfolio as tangible assets.
Whether you choose to buy silver rounds, coins or bars, these types of assets are designed to protect against ambiguity of the markets, and due to its industrial demand, silver bullion is constantly seen as a great choice.
When people want to learn how much is a silver dollar worth, it helps to begin by finding a particular silver dollar melt value at the moment.
About half of the silver dollar coins which
Unlike the ounces you find in grocery stores, a troy ounce is a unit that is commonly used to weigh physical precious metals like silver and gold.
Although their names might not indicate this, these two units (imperial vs troy ounces) are not the same weight.
Here we discuss demonstrate how many grams are in a troy ounce of silver using common silver bullion products.
Learn about grams versus troy ounce weights or you might make some costly mistakes buying and or selling bullion at incorrect price points.
In the following SD Bullion infographic, we again cover IRS bullion reporting requirements when buying bullion in the USA.
We also discuss current IRS reporting requirements if selling bullion to US-based precious metal dealers as well.
Also discussed are current general Gold Silver Tax ramifications for when you sell bullion at either a profit and or a loss (always consult a tax professional on the matter as we are not tax pros)
Where can you buy silver bullion at the spot price?
Be careful here, many offers for silver at spot price or perhaps even pricing silver under spot price is often a realm of conmen, counterfeits, and bait-and-switch deception.
We'll show you how to buy silver at spot safely here and how to ensure you do not get ripped off.
When it comes to successful physical silver bullion buying, we have some direct suggestions for you here.
Always perform proper due diligence and use best practices to ensure you get, the silver bullion you are buying at a fair price and also delivered in a reasonable amount of time.
We have created various educational resources here to help you buy physical silver safely and successfully. Learn more about successful silver buying techniques here.
