Re: Buying and selling silver coins
The value of Silver is a tad sporadic. Over the last few years its actually lost value. If you purchased it via eBay/PayPal, then the seller has most probably included the costs of fees into the overall price. Taking all of that into account, it makes sense that its worth a lot less now. To see a return at this point, you need to wait for the value of Silver to spike one day.
I agree with chababa when they say these are ideal for "SHTF insurance"... when there is a catastrophe of the financial system, precious metals are where people start putting their money.
Out of all precious metals, I would recommend Gold be the place to put your money as compared to the others, it seems a lot more stable in terms of value.
Bottom line, buying gold bars etc from eBay/Paypal isn't worth it, unless you plan on holding on to it for a while. Also its a good idea to get them checked as there are a lot of replica being sold.
|