Top 5 Best Silver for Preppers
The best silver for preppers are silver coins, silver bars and ingots, junk silver, jewelry, and numismatic coins. Just keep in mind that numismatic coins tend to have a higher value because they are collectible, and not because the silver in the coins is worth more. As a prepper your best option is to buy junk silver, no matter if in the form of coins or even jewelry as these have their worth based on the silver content and not because of their rarity.
As a prepper, you have to buy silver in various forms, gold, coins, jewelry and junk silver. Most of your silver should be in coins, it is relatively cheap and in a SHTF situation you can shop with it much easier. Many preppers only invest in precious metals, the problem is that in the SHTF situation, most people do not have a lot of money or silver coins to give you a change if the price of the product is lower than the price of precious metals.
Coins are very easy to hide and carry, but in SHTF situations carrying a bag of silver coins around is not the smartest thing to do as it makes a lot of noise. Some preparers fall into the trap of buying coins. They are valuable not because they are silver, but because of their rarity. In the SHTF situation, everything from food to fuel is rare, so no one cares how rare a coin is.
On the other hand, there are those willing who only buy unwanted silver, which is actually a good idea. Junk silver is very cheap, but many people think that junk silver is bad because it contains the word junk. The term junk silver mainly refers to coins and jewelry, and in some cases it also means that the coin or gem has no intrinsic value other than the price of real silver. This is the main purpose of investors or potential investors to invest.
These coins are probably the fastest and easiest way for those looking to buy real silver. Silver investment online is great for beginners and those who have been buying silver for a while. Easy to maintain, easy to receive, portable and very easy to sell or trade. The biggest reason silver is good for investors and investors is that they are easy to sell. If you have multiple silver or ingots, it’s difficult to sell in the SHTF case.
Silver Bars and Rods
This is the most concentrated form of real silver investing and when you are ready to trade your coins and want the best results for your money, you will want to buy silver bars and coins. These silver bars come in a variety of sizes including 1oz, 10oz, 1kg, 100oz and 400oz and would be a great investment for the average person. But if you can afford 400 ounces of silver, I would prefer it.
Many people who do not know what scrap metal is, believe that this silver is worth less than the silver found in coins, bars, and bullion. Scrap silver is an informal term for items made of silver, but prices are based solely on the value of silver, not on how unique or handcrafted the actual item is. .. the term junk silver is a bit misleading. Many older quarters, dimes and nickels released before 1964 are actually very valuable given their 90% silver grade. So investing in junk silver is actually a great idea.
This is an interesting way to buy silver, and while many Americans don’t buy it this way, it has significant advantages over other forms of silver. In some parts of the world, jewelery is a form of savings that has existed for centuries. Shipping is very easy, you can fly abroad with $ 50,000 worth of silver jewelery and you don’t have to declare it. The problem with gems is that you can have a hard time selling gems in the SHTF situation. If the jewelery is a luxury designer, its price will last a long time, but most jewelery is worth its own weight of silver. Many jewelers use other precious metals in their gems, so melting them can be a nightmare.
Never buy numismatic coins, there are many shadow companies in the industry trying to get new investors to pay huge amounts of money for so-called unique numismatic coins, which even at a distance have no value as their asking price. It’s also difficult to sell and even if you sell it, you can’t make a profit. New numismatic coins appear every year, mostly made of silver, because they can be sold so quickly. Most of these coins are made for collectors who buy them and hope that the value of these coins will increase in the future. These coins are often sold among collectors, which is a sector in itself and outside this sector the value of the coins is the same as the value of silver.