Silver is considered a precious metal, though it is much more abundant than gold and therefore not as highly valued. However, that doesn't mean it isn't a good investment. The price of silver has increased in monetary terms by 300 percent in the last five years! That's quite a return. Many experts expect the bull market to continue. One way to take part is to buy silver coins.
Check online auction sites. EBay has many auctions listed for silver coins in bulk. Most of these coins consist of old silver dollars and quarters made before the 1950s when U.S. coins were actually made of mostly silver. Example of these coins include the Peace Silver Dollar and the Morgan Silver Dollar. Regardless of their collector's value, these coins are worth approximately $12 in today's silver prices.
Go to local estate sales. Estate sales are like large garage sales and often you can find old coin collections that contain silver dollars and other old coins of high silver content.
Co to flea markets. Flea markets are good places to pick up coin,s because coin dealers often have nowhere else to sell them, especially if they don't use the Internet. Bring along a coin guide like the The Red Book, a coin collector's bible to assess the value of the silver coins you find.
Shop for silver bullion coins online. Silver bullion coins can be bought in bulk. These coins come in various sizes but are sold at near current market prices. Check the additional resources for reputable silver dealers.