iShares Silver Trust (SLV)

[Innoscape]

Thank you for the kudos! That is good that someone will pay spot for your bars or ingots. Getting spot minus any fee is very rare. Every place I called wanted a cut / pays under spot to the tune of up to 20%.

Coins are another deal all together because they can be worth some serious moola, even .999 "novelty" coins like Zombucks which I do own are worth more (and cost more) than their weight. But, even when you buy bars, you pay over spot (@ providentmetals etc). If anyone knows where one can buy physical silver at spot w/free shipping, I am all ears and mouse.

As a long term investment, yeah if you buy some bars under 17 and hold them 10 years, even with a 20% "fee" on the sale you're still in the green but, still more difficult and less profitable than clicking that buy/sell button and moving a few pounds in a few seconds.

That said, I love holding, looking at the bars and having them to pass down to my kids is cool. Another concern is they can in fact be stolen more easily than my shares of SLV. (though arguable)

I buy .999 silver shot to make stuff now. It's easy to work with and cheaper. Selling my bars to other craft people or on an auction site is prob the most I could get for them but, I am keeping the couple I have left because I just like them.

GO $SLV !