Junk silver is the cheapest way to buy silver. Any coin, round, or item that is not pure silver or nearly pure silver is considered a “junk” piece. These will almost always be available at a price that is actually below silver.Where is the best place to buy silver?
Here are some of the best places to buy silver and gold in LA: Coin Connection in Pasadena is among the best places to buy silver in Los Angeles. The shop specializes in government issue silver coins and bullion, buys and sells gold bullion, and also offers a range of rare and historical coins.How much is silver selling for?
A simple example would be a buyer agreeing to purchase 5,000 troy ounces of silver, at $20/troy ounce, two months from present. If during those two months, the price of silver decreases $2, the seller would profit $10,000, as they could source the silver on the open market for $90,000 and then sell it via the futures contract for $100,000.