a new user here! 👋
Im interested in buying kilo silver bars physically and there is one aspect that i could not find any information about (hence i decided to join this forum:) )
my motivation to buy silver bars is to use them as a store of value and for speculative reasons. Im planning to keep them for a long time (+10 years). After the holding period I would like to sell them.
The umnicore bars seem like the way to go (1 kilo). They look nice, well known brand etc. However, i also noticed the so called "coin bars". See for instance: https://www.silberling.de/en/Silver/Silver-Bar-Cook-Islands-1-Kilo.html?actpicid=1
These coin bars are cheaper due to the margin rules. But the following is unclear to me and hopefully you cAn anawer my questions:
1, what are the disasvantages of coin bars when it comes to selling them after a certain holding period? Is it more difficult to sell coin bars compared to regular bars?
2. What about the brand? Is silver cook island a respected brand?
3. What should I keep in mind when it comes to brands and my motivations (store of value/ investment). Which brands should I avoid and which not?
Looking forward to the answers...i think ive found a new hobby