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Best place to buy silver bullion?

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  • 6022tivo said:
    I have a 1 Kilo physical Silver coin. Had it about 5 years. 
    If anyone wants to buy it, tell me the best place to sell it and it's value. Scrap would be fine, although only a few hundred made, Alderney £50 with a gold plated edge? Have the details somewhere. 
    Bullionypost are buying 1kg silver at some of the highest prices I have ever seen

    of course they can sell it for a lot more than that


    demandid far greater than supply right now
  • firestone
    firestone Posts: 520 Forumite
    500 Posts Third Anniversary Name Dropper
    Actually seems the other way round with more supply then demand today at about 10% down!
  • Can someone please explain to me how silver price is going down when nobody can buy any real silver anywhere because demand is so much more than supply 

    clear manipulation the criminals are selling ETFs paper paper promises of silver that doesn’t exist 
  • firestone said:
    Actually seems the other way round with more supply then demand today at about 10% down!
    You please tell me where all this supply is, me and a lot of other investors would love to know because most places are completely sold out
  • firestone
    firestone Posts: 520 Forumite
    500 Posts Third Anniversary Name Dropper
    firestone said:
    Actually seems the other way round with more supply then demand today at about 10% down!
    You please tell me where all this supply is, me and a lot of other investors would love to know because most places are completely sold out
    Not an expert and not sure what you mean by short supply (maybe coins from a dealer) but there was an estimate of $48 Billions worth in London vaults alone yesterday - so not exactly a shortage
  • 6022tivo
    6022tivo Posts: 814 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    6022tivo said:
    I have a 1 Kilo physical Silver coin. Had it about 5 years. 
    If anyone wants to buy it, tell me the best place to sell it and it's value. Scrap would be fine, although only a few hundred made, Alderney £50 with a gold plated edge? Have the details somewhere. 
    Bullionypost are buying 1kg silver at some of the highest prices I have ever seen

    of course they can sell it for a lot more than that


    demandid far greater than supply right now

    https://www.ebay.co.uk/itm/392407259673

    It's one of these. 
    Has some marks, so scrap. Some kilos going for nearly £1k today on ebay. May hold out. 
  • DiggerUK
    DiggerUK Posts: 4,992 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    firestone said:
    firestone said:
    Actually seems the other way round with more supply then demand today at about 10% down!
    You please tell me where all this supply is, me and a lot of other investors would love to know because most places are completely sold out
    Not an expert and not sure what you mean by short supply (maybe coins from a dealer) but there was an estimate of $48 Billions worth in London vaults alone yesterday - so not exactly a shortage
    There has never been a shortage of silver, nor will there ever be. 
    It's a hissey fit routine that comes up from precious metal heads on a regular basis. It happened with gold last summer.
    The shortage is with fabrication into coins and bars and then delivering to suppliers, that's all..._
  • firestone said:
    firestone said:
    Actually seems the other way round with more supply then demand today at about 10% down!
    You please tell me where all this supply is, me and a lot of other investors would love to know because most places are completely sold out
    Not an expert and not sure what you mean by short supply (maybe coins from a dealer) but there was an estimate of $48 Billions worth in London vaults alone yesterday - so not exactly a shortage
    The reddit and wallstbets mob claim its all lies, they double count and have over 300 claims every 1 oz of silver in the vaults 
  • DiggerUK said:
    firestone said:
    firestone said:
    Actually seems the other way round with more supply then demand today at about 10% down!
    You please tell me where all this supply is, me and a lot of other investors would love to know because most places are completely sold out
    Not an expert and not sure what you mean by short supply (maybe coins from a dealer) but there was an estimate of $48 Billions worth in London vaults alone yesterday - so not exactly a shortage
    There has never been a shortage of silver, nor will there ever be. 
    It's a hissey fit routine that comes up from precious metal heads on a regular basis. It happened with gold last summer.
    The shortage is with fabrication into coins and bars and then delivering to suppliers, that's all..._


    there here is no shortage of gold but there is in silver.

    upto the 1950s the vaults were half full of gold and half silver

    now the silver has been consumed and the space filled with even more gold
  • Hitch a ride on the silver train just leaving for the moon!
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