Tips on buying silver rounds from a coin dealer?

Question

I want to buy silver rounds to have security in the event of another depression. If there were another depression, which kind of silver rounds should I go after?

Answer 1

what in the h**l are you going to do with those? if you are worried about a depression... .buy canned foods,,, buy jugs and jugs of water... who in the h**l wants silver if you cant eat... h**l buy a box of twinkies,, i hear they will last 20 years....

Answer 2

If you want to buy silver rounds buy ones from a recognized source like Englehard, Johnson & Mathey, etc. If during an economic meltdown you plan to exchange your rounds for goods or services, remember that the person on the other side of the transaction will want some assurance that your silver is genuine.

Another thing to consider is the price you will pay when purchasing your silver rounds. There will be a premium to pay above the silver content, of course. You'll want to keep this as low as possible. Try to get a discount for quantity.

Alternatively you may want to consider buying "junk" silver coins instead... common circulated dimes, quarters, and half dollars dated back from 1964, sold in quantity lots, as bullion. The premium you will pay on this form of silver will likely be lower, you will be able to spend your silver more conveniently and efficiently in smaller increments, not to mention the coins are from a blue ribbon source - the US Mint.

Interesting question!