Consider the form of gold or silver when buying. For example, silver bars tend to be made of pure silver, therefore their value is slightly higher than the market value of silver. The price for a bar should be a little higher than a coin or jewelry. This makes it even more important to know the current value of gold and silver. It can change by the hour, so pay close attention to live gold and silver spot prices just before buying the metals.
Choose a reputable dealer online or locally. Do not complete a phone transaction for buying or selling gold or silver. When buying coins, don’t just go based on the spot price. The type of coin and its appraised value is also an important consideration.Learn more about Currency & Conversions