Proof gold coins are manufactured using a special process that gives it a shinier look compared to its bullion counterpart. Actual possession of gold bullion, platinum ingots, or silver coins of non-historic value stored in a safe place. A historic value changes the investment and the precious metal becomes a collectable. This may also change the way you have to insure its value.
While silver can be volatile, the precious metal is also seen as a safety net, similar to its sister metal gold — as safe haven assets, they can protect investors in times of uncertainty. With tensions running high, they could be a good choice for those looking to preserve their wealth in these difficult times.
The largest trading markets for silver are the wholesale silver market in London, where silver is traded over-the-counter on spot basis, and the COMEX New York silver market there silver futures are traded on an exchange platform. These two markets dominate price discovery for silver.
Often used by high society on a daily basis, silver coffee and tea sets are always in demand and popular with buyers. Other smaller pieces of fashionable antique silver today include snuff boxes and silver spoons which have always proved to be popular. Silver flatware or what we call cutlery today is still greatly admired and favoured in the antique market as this is a very usable piece and often bought as a gift.
Back in the old days, you had to get in the car and drive to a precious metals dealer to get gold and silver. Today, you can order it online get it shipped to you. However, I don’t recommend using Amazon (AMZN) or eBay (EBAY) to order precious metals. Instead, I prefer reputable professional dealers. The best dealers offer coins and bars with low shipping costs. Also, they offer prices close to the spot” price (the price of the metal when it comes out of the ground).