How To Buy Silver

Let’s face it, most people don’t know the first thing about buying silver. They might think they need a special brokerage account, or get involved in complicated futures contracts. Actually, its very easy to buy silver online. We live in amazing times – you can have as much physical silver as you can afford delivered to your door without even leaving home.

All you need to do is order from a reputable online dealer. The American Precious Metals Exchange is the best online bullion dealer in the business. Besides having the best customer service, they have the best selection and prices for silver bars and coins, as well as gold, platinum and palladium. They will always take care of you, and you order will arrive quickly and securely. They accept checks, money orders, bank wires or credit cards.

Check their vast selection of silver and find your favorite bars or coins. If you don’t know what you should buy, read below for my suggestions.


1 oz Coins – It’s nice to have rolls of 1 oz .999 fine silver coins like the American Silver Eagle and Canadian Maple Leaf coins because they are highly sought-after, easily recognized and traded worldwide. They are minted by governments to exacting standards as determined by federal law.

1 ounce American Silver Eagle coin 1 oz Candian Silver Maple coin 1 oz Mexican Libertad silver coin

1 oz Silver Rounds –  Silver rounds are privately minted, and thus are not technically called ‘coins’. 1 oz rounds have a smaller premium over spot price than the Eagles and Maples. You want to stick with rounds produced by well-known mints, preferably clearly marked as 1 oz .999 fine silver. My favorite silver rounds are made by Engelhard, Sunshine Mint, and Apmex.

Engelhard 1 oz prospector round Sunshine Mint 1 oz silver round Apmex 1 oz silver round

Junk Silver –  American dimes, quarters, and dollar and half dollar coins from 1964 and earlier are often known as junk silver – These coins are 90% silver, from a great American era now sadly long-gone. Half dollars were clad in 40% silver from 1965-1970, but I advise you stick to the 90% pure coins. Morgan silver dollars are particularly prized by silver collectors.

Apmex junk silver bag junk silver rolls Peace and Morgan silver dollars

Silver Bullion Bars –  Many silver stackers prefer silver bars over coins. 10 oz silver bars are a great way to stack silver and bring out the pirate in all of us. Like rounds, silver bars have little premium and you should buy bars clearly marked for purity and weight. If you are a high roller, grab some 100 oz silver bars to fill your safe.

Silver Bars Johnson Matthey 10 oz silver bars Engelhard 10 oz silver old pour bar

More reading

Buying Silver 101 – Intro and primer on silver investing.

What kind of silver should I buy? – Discover the best forms of silver in invest in.

Ten Rules of Silver Investing – MrSilverAG’s updated Ten Rules

Numismatics or Bullion? – A question every silver investor has probably asked himself.

How to avoid fake silver – Learn how to buy physical silver without getting ripped off.

Why should I buy silver? – Discover the myriad of reasons why silver has retained value throughout history.

When should I sell my silver? – Learn the optimal time to sell your stack for other income-producing assets.