Wow. Premiums for silver are crazy high in terms of percentage. What is going on? :think2:
Spot price: $23.58
APMEX price: $36.51
Premium: $12.93
Markup: 54.83%
Yes. Stick to government minted bullion coins. Mainely, Eagles and Maple Leafs. (<)<
Don't buy bars or rounds(privately minted). The resale value is not good.
Silver Eagles and Maple Leafs are .9999% pure and weigh 1 troy oz.
Gold Maple Leafs are .9999% pure and weigh 1 troy oz.
Gold Eagles are .9167% pure, weigh 1.091 ounces, and contain 1 troy oz. of gold.