Silver Bullion Collectibles
It can be pricey - to get your Silver bullion Collectibles!
Silver bullion collectibles are the most popular amongst bullion collectibles, mainly due to its low cost, as compared to other forms of bullion. Collectors usual wait for prices to go up, at which point they sell their silver bullion collectibles for a good profit. Available in many forms, silver bullion collectibles is more than just a hobby, with many collectors looking at them as an investment option.
There are three main categories that silver bullion collectibles are available in, silver nuggets, silver coins and silver bars or wafers. Silver nuggets are the rarest form, and are not very popular with collectors today, especially those looking to invest in silver bullion collectibles. The most popular category is silver coins, as well as silver ingots, whose value can be more than the value of pure silver, purely due to their historical relevance. Specific silver coins, which are extremely popular forms of silver bullion collectibles are, the silver Maple Leaf coins, Silver Kookaburra and the American Silver Eagle coins. Silver bars are popular in the 1000 ounce category.
As a collector, the first thing you need to do is read up about all the silver bullion collectibles available in the market. This is particularly important as there are many fakes available in the market as well, and it makes no sense to invest in these. The Internet is a great source for information, as well as for silver bullion collectibles. Many silver dealers are registered online, and they offer silver bullion collectibles in the form of silver coins and bars.
Dealing with silver dealers online can get risky, especially as you need to hold a silver coin, to check for weight and size, to ensure authenticity. Be sure the dealer has exceptional positive feedback and that the postage costs are reasonable. Read all the details of the purchase before you buy anything, as sometimes dealer take advantage of fine print. Also, avoid purchasing damaged pieces, as even simple nicks or scratches can reduce the value of silver bullion collectibles by as much as 40%.
Storage of silver bullion collectibles requires more effort than other forms of collectibles, mainly due to their high value. Investing in a wall safe, especially in the case of a significant collection, is a good idea. If possible, you could also go in for a safety deposit box in a bank, which will guarantee safety. With regard to the maintenance of silver bullion collectibles, remember that air oxidizes metal, which causes the metal to change color. To control moisture, place a packet of silica gel in the storage area. But if you frequently handle your coins, a better storage option is hard-plastic holders, which are air-tight, and allow you to see the coins as well. Clean you collection at least once in a month, and avoid the use of strong dips, as they might damage your silver bullion collectibles.