Anonymous ID: cea64e Aug. 1, 2019, 4:54 a.m. No.7291395   🗄️.is 🔗kun   >>1438 >>1593

>>7291305

I have used APMEX, myself. Other than a few choice items - I would usually go for the secondary market. Though if you are hyper-paranoid about fake silver bars/rounds, then their primary market is rather competitive.

 

Avoid ebay, amazon, etc. No one selling real silver or gold is going to sell very far below spot, and a lot of the people doing business on those platforms are likely to have purchased what they are selling in a similar manner. China and others have been caught in some rather convincing frauds related to precious metals retail, so people out there trying to hock metal on ebay and the like may not be trying to run a shady business - but they may not know the integrity of their stock.

 

Generally, buying such things from gun shows or fairs is the same as ebay - or symbolic.

Anonymous ID: cea64e Aug. 1, 2019, 5:29 a.m. No.7291663   🗄️.is 🔗kun   >>1755

>>7291438

Secondary markets are sourced from "wherever." If I am an exchange and I take in a bar that an investor has sold me, it is considered "secondary." Secondary bars/rounds should be inspected prior to resale using various means (mass is analyzed, and ultrasound has become popular because it can identify cavities or irregularities inside the metal - such as if only the outside was silver and lower value metals that could emulate the mass of silver were on the inside). Then they are marked for resale.

 

Primary markets are those that come straight from a mint - usually private mints. Primary is usually more expensive than secondary - but it depends on the product. Secondary is usually sold generically - IE - you just buy 10oz bars (or whatever mass denomination you prefer) and you get bars that are that mass and come from a mint - but not usually a specific mint or bar (such as commemorative bars or the like).

 

I would avoid things like "silver eagles" - in the U.S. - those do come from a certain mint, but they are often priced way over spot because production is limited and demand/notariety are high. Some people are have a hard on for silver eagles or similar "official" coinage - I am not as keen. Beware if you run into offers for them near spot price. Check with news in and around the silver investors related to that particular coin if it looks like a good deal compared to other offerings on the market.

 

If nothing else - using sites like apmex and some of the other larger distributors to check where their prices are at is a good idea.

 

Mike Maloney on the Jew Toob is actually a fairly good guy to listen to. Sure - he's running a business and he doesn't hide it - but he's one of the few who has been as vocal about the monetary system as many of us have been:

 

https://youtu.be/DyV0OfU3-FU