What to Consider When You’re Ready to Buy Silver in Lorain

Buy Silver-Lorain-OH

If you are ready to buy silver, you want to research dealers to avoid scams because the precious metals sales industry is not regulated.

We are the oldest precious metals dealer in the U.S. and the best place to buy silver coins and silver bullion bars online.  Our principals are committed to educating new and seasoned customers on ways to buy silver based on their personal and financial objectives.

It is also wise for Lorain, OH, investors to review risk factors before investing, such as inflation, supply, demand, price fluctuations, and any government policy changes that may affect silver prices.

Investors should follow these recommendations before buying silver as an investment:

  • Review price trends and compare pricing
  • Determine which form of silver to buy
  • Learn the dealer’s premium percentage
  • Buy silver at spot or near the spot price
  • Check dealer reviews at the BBB
  • Buy silver bullion as a positive first step

Check our Buyers Guide to learn more about silver investing.

Should Lorain Investors Choose Silver Bullion Coins or Bars?

Silver Bullion-Lorain-OH

There is no perfect answer to the question of whether Lorain investors should choose silver bullion bars or silver coins because the decision depends on the highest objectives of the buyer.

Highly capitalized buyers prefer silver bullion bars for long-term investment and portfolio diversification because of low premiums over the spot price.  Smaller investors choose silver coins for portfolio flexibility, easy liquidity, and a positive way to protect assets from future risk.

These are a few reasons why investors choose silver bullion bars and silver coins as a relatively straightforward investment or to hold in a self-directed individual retirement account:

  • More reliable than stock market investments
  • High worldwide demand with reduced supply
  • Outperforms gold in bull markets
  • No third-party risks
  • Typically the least costly way of buying precious metals

Call or visit us online to diversify your investment portfolio with a healthy mix of silver bars and coins.

Other Types of Silver Investments – Individual and Bags of Silver Coins

Silver Investing-Lorain-OH

We have knowledgeable advisors available to help guide newcomers through the process of silver investing and how to make wise choices.

Whether you are a seasoned or newcomer to silver investing in Lorain, we want to introduce you to other types of silver investments than our popular .999 fine silver coins and bars.  For example, we offer bags of pre-1965 circulated U.S. 90% silver coins, also referred to as junk silver, as another popular form of silver investing.  Some investors buy junk silver coins for survival purposes, while others prefer them as bullion investments.

These are a few other types of silver investments that may become premium buys for silver investing by Lorain buyers:

  • 90% silver 1964-dated Kennedy half dollars
  • 90% silver Washington quarters
  • 90% Roosevelt/Mercury mix dimes
  • 90% silver Franklin half dollars
  • Bags of junk silver in dimes, quarters, and half-dollars

Call CMI Gold and Silver for additional information on physical silver investing options.  800-528-1380