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What is the Best Type of Silver for Investing or Stacking?

 

If you are a stacker or investor, or want to become one. You need to know which type of Silver is best for you. You can get Silver in different forms, and also different purities. It is important to know which one you are getting so that you can secure yourself with the best possible ROI. At the end of the day, the goal is to maximize your upside, and minimize your downside. This short read will cover all the basics for what you will need to know when investing and stacking silver.

The worst type of Silver for Investing or Stacking

To begin, the worst type of Silver you can use for investment purposes include sterling silver and silver grain. We’ll start off with sterling silver. This is typically the Silver that you see in jewellery. This is .925 pure, so it is not as pure as a fine silver bar or coin. If you were to sell it, you would not get the full spot price of silver for it. This is only good if you are looking to wear silver jewellery. On the other hand if you look at Silver grain, that is yet another bad silver investment. This is because there is nowhere on those metals that indicate that it is real silver. Typically Jewellers buy silver grain when they make silver jewellery as it is easy to smelt.

The best type of Silver for Investing or Stacking

For starters, the best way to go when buying Silver for investing and stacking is to buy bullion. This can be in the form of bars or coins. Sizes can vary from 1 troy ounce to even 100 ounces. These are the best to buy as they state the weight and purity of the metal. Some coins can be used as legal tender if they are made by government mints. Silver coins and silver bars are best for investors and stackers as these can be sold later for spot or even higher with a premium.

Where to buy Silver

If you are looking to buy Silver online, then check out AuBullion.ca! We offer some of the lowest premiums in the industry and offer some highly competitive shipping. Order your Silver bullion today and receive your order within a week. If you are located in Toronto or Vancouver, you can walk-in to one of our stores and pick-up directly.