Whether you want to buy or sell silver bars, Vermillion Enterprises is the place to go!
Vermillion Enterprises: Welcome to the Silver Bar, what can I start you off with?
Check out our Silver Bar Menu on our SHOP page. We are not limited to just “by the ounce”. Often we have Silver Bars available in grams as well.
Sell Silver Bars
Quite possibly you want to sell your SILVER bars. Vermillion Enterprises is interested in them. We will buy your silver bars today! Maybe you want to learn more about Silver Bars and possibly buy some for yourself. You have come to the right place! We want to sell you Silver bars! You see where I am going with this? (Wink. Wink.) So continue reading! We have lots to talk on Silver BARS!
What is better? Buy SILVER COINS or Buy SILVER BARS?
Honestly, there is no clear definitive here. Wish I could say one was verbatim better than the other. But they both have their advantages. Let’s go over some of the advantages and we’ll let you decide.
SILVER COINS
- Excellent Crossover – Coin Collectors to Investors.
- Most Silver Coins carry a premium.
90% SILVER COINS
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- Pre-1965 Silver coins still hold values at or above spot price. Which is still considerably higher than their face value. Whodathunk you could buy or sell a Pre-1965 Roosevelt Dime for over $2 each! Welcome to 2020 with Silver Spot Prices rising!
- Pre-1965 Silver Coins are often stored in bags. Typically with their face value written on them. I.e. $100 Face Value
- Occasionally, in Pre-1965 silver coin bags, you can find a rare one worth more than its spot price. It’s numismatic value far exceeds its weight in Silver.
AMERICAN SILVER EAGLES
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- The go-to 1 oz. Silver coin. Face Value of $1. However, they sell over spot price with a premium. Available as collector and bullion coins.
- 1 oz. U.S. Silver coins are available in tubes of 20 or Monster Boxes of 500. Which helps with stacking properties.
- Most all 1 oz. World Coins are available in tubes of 20. The exception being the Canadian Silver Maple Leafs. They typically come as singles or in tubes of 25.
40% Silver Kennedy Half Dollars
- Most often collected and stored for their potential usage as currency in times of economic crisis. While all coins with a face value can be used this way, the 40% Silver Option is often chosen for that purpose because the price to buy is significantly lower than 90% and pure Silver.
SILVER BARS
- Pure Silver Bars have a lower premium than most Silver Coins.
- Easily stack-able due to:
- Rectangular shape
- Low relief stampings
- Can be used in trade or barter. However holds no currency value.
- If Silver spot prices plummet, Silver coins will at least hold their face value, whereas Silver Bars have no face value.
- Silver Bars are more easily transported or safely stored than Silver Coins.
Silver Bars / Coins as an Investment
- 40% and 90% Silver coins are not permitted in a Traditional or Roth IRA. However, .999 Fine Silver Coins and Silver Bars are.
- Both silver coins and bars perform well in bullish bullion markets.
- It’s all a gamble. Knowing when to buy low and sell high can be tricky. It requires watching the market and being “ahead of the game”