New to Buying Silver

[rafter01]

Hi All,

I am looking for some advice or direction in purchasing silver. I have purchased a few Silver Britannia Coins (1oz 2024) from the 'bullionbypost' website but I am guessing that this is not the best way to buy Britannia coins?

It terms of the date on the coin, how is it measured for value when it comes to the date? Do I carry on buying Silver coins irrelevant of the year of production?

Are there better and cheaper sites out there to buy Britannia coins?

Thanks

[Darr3nG]

2 hours ago, rafter01 said:

Are there better and cheaper sites out there to buy Britannia coins?

Have you looked at the prices, here on the forum?

[James32]

Buy a membership and buy from the forum 

[Coverte]

You should save about £3/oz buying in the trade section here, which whilst a shadow of what it once was, will still cover its cost.

Try that IMO.

[Petra]

Get a paid membership on here and you will see the deals that regularly turn up on here immediately …. very few if any places are cheaper.🤔😮

[BLOOMMAN101]

£6 a month silver membership  and buy on here some great deals, Its worth the £6 just for the Peasant suppers thread alone 

 

Edited July 7 by BLOOMMAN101

[SovereignBull]

If you have discord I would also recommend stackers social 

 

https://discord.gg/stackerssocial

[rafter01]

awesome, ill sign up for the membership.

Is it good to just stick to Britannia Silver Coins? Hoping to purchase a few a month, know its not much but slowly getting into it.

[AaaGee]

2 hours ago, SovereignBull said:

If you have discord I would also recommend stackers social 

 

https://discord.gg/stackerssocial

What is that?

[BLOOMMAN101]

7 minutes ago, rafter01 said:

awesome, ill sign up for the membership.

Is it good to just stick to Britannia Silver Coins? Hoping to purchase a few a month, know its not much but slowly getting into it.

keep reading and looking mate lots of things will tempt you on here other than Britannias

[SovereignBull]

17 minutes ago, AaaGee said:

What is that?

A discord channel set up by mostly YouTube stackers. BYB 365 TSC and so on are all on there. Will be a few members here on the channel.

[treetop1280]

11 hours ago, rafter01 said:

Hi All,

I am looking for some advice or direction in purchasing silver. I have purchased a few Silver Britannia Coins (1oz 2024) from the 'bullionbypost' website but I am guessing that this is not the best way to buy Britannia coins?

It terms of the date on the coin, how is it measured for value when it comes to the date? Do I carry on buying Silver coins irrelevant of the year of production?

Are there better and cheaper sites out there to buy Britannia coins?

Thanks

As the forum’s resident metals expert of the forum ( and I’m sure everyone will agree)???, do what I do , but silver coins with pretty pictures on , buystuff you like , keep away from Austrian maple leafs , or Canadian  liberty’s and don’t touch Belgian libartards  and South American krugerrand???👍👍👍

[rafter01]

So when someone becomes a member, how do you pay a seller if you were to buy an item?

How do you trust the seller to send out the item and the correct one?

[Petra]

99.99999% of all deals go ok, no problems on here. You pay either using bank details, PayPal etc. 

this is more trustworthy than eBay, facebook etc.

you don’t need to be a paid member, however, if you are not, then you won’t immediately see the new sales posts and by the time you have the good deals have usually gone.

👍👍

[MBTPSilver]

If you do decide to go for dealers like BBP then go for their second hand silver Britannias. Worth the same when selling, but will be cheaper to buy.

[BLOOMMAN101]

3 hours ago, rafter01 said:

So when someone becomes a member, how do you pay a seller if you were to buy an item?

How do you trust the seller to send out the item and the correct one?

Not 100% guaranteed but if you hover your cursor over a member avatar you see their trading feedback ie number of deals they have done and other members responses to them. some with 100s maybe 1000s of deals to their credit

[Chrispy33]

I have bought with BBP without problem. Not the cheapest source, but reliable, quick and good quality. That said, buying single units is expensive as they need to cover "free shipping" etc, I guess. I found 10x becomes affordable. Enjoy the shiny stuff, wherever you get it form.

[rafter01]

Is this a good purchase?

https://www.sharpspixley.com/buy-bullion/buy-silver/silver-coins/1oz-silver-coins/1oz-britannia-silver-coin-pre-owned

[SovereignBull]

If buying just one then yes as it’s free delivery but better deals to be had on the forum if buying a few 

[James32]

2 minutes ago, rafter01 said:

Is this a good purchase?

https://www.sharpspixley.com/buy-bullion/buy-silver/silver-coins/1oz-silver-coins/1oz-britannia-silver-coin-pre-owned

If free post then not the worst deal in the world ( for a dealer) 

You will get 1oz brits on here for £27 but you then have to pay postage, so if sharps is free postage then it's a good deal.