Where to buy coins?

Where you buy your coins will determine a lot of your success in finding discounted silver.

The first place you should look is in your pocket change and change jars. You don't want to spend a dime worth ~$2.20 for just 10 cents!


In my experience the worst to best places to get the cheapest silver are:

 Antique Malls/Flea Markets -usually overpriced and I've seen lots of fake coins sold as the "real deal" especially Chinese/Japanese coins and US trade dollars. Although, if you know your foreign coins and willing to take a gamble you might get a deal now and then.

Numismatic Coin Shops - while their prices are good for collectible coins and they are a great way to get high grade collectible coins, they simply aren't meant for the investor who wants to get as much silver for the least possible price

Jewelry Shops - Some are great and their prices are close to spot, some simply sell silver dollars and other silver coins as curiosities and charge much more

Bullion Coin Shops - their prices are usually close to spot and they have a wide selection but the chance of finding something underpriced is slim 

Garage Sales - they don't always have silver or coins, but when they do, they can be extremely cheap. Always ask if they have any coins because they might not be set out with the other items.

Estate Sales/Auctions - These are great ways to score foreign silver if you know what to look for but heavily advertised auctions bring crowds of people and prices might well exceed what you'd even pay for the same coin at a coin shop but you might score the cheapest silver of your life there it just depends on the luck of the draw.