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Currency

Top 3 Reasons To Buy Physical Silver

Author: Lawrence Chard - Chairman and CEO

Published: 25 Jun 2018

Last Updated: 3 Aug 2021

Synopsis

You have reached our blog. Stocks ran out of the UK's Cheapest Silver Coin but we still have a number of low price silver bullion coins available!

3 Reasons To Buy Silver

Our Top Three Reasons Why You Should Own Silver:

  1. As an investment 
  2. As a hedge against inflation 
  3. To protect savings

Rich in history and established as a medium for trade, silver has been used as money for thousands of years. It is a metal that has stood the test of time.

Why Buy Physical Silver?  

Silver is cheap!

Quite simply, investment silver is an affordable precious metal that is much cheaper than gold. Currently, an ounce of silver can be bought at 1/77th the price of gold. You can buy small amounts of silver bullion and build up a portfolio at a pace that suits your budget. 

When Should I Buy Silver? 

There's no magical solution. Like currencies and stocks and shares, the live silver price can fluctuate. The price of silver could go lower but many analysts and silver bugs believe that in the long-term, silver is likely to go up.

You may have read about bull and bear markets. Well, in a bear market silver can fall more than gold, however, in a bull market, there is an opportunity for silver to escalate faster and higher than gold.

Most of us have seen prices going up whilst feeling a decrease in the value of our money. Historically, precious metals have been the investors' safe haven as silver and gold have an intrinsic metal value. Investing in precious metals has been used as a hedge against inflation for decades.  

How Can I Protect My Savings? 

Savings help us to save up for a big purchase, pay for those unexpected costs or provide monetary protection for the future. However, not all savings give you the returns that you are hoping for. Low interest rates and management fees can diminish your final pay-out. 

Investing in silver and gold is no longer only for the wealthy, it is now available to everyone. Precious metals have held their value even in times of recession or economic turbulence. Owning physical silver gives investors control of their own investment, letting you buy and sell when the price is right for you. Bullion can be transferred or gifted to family members or friends without the need for verification or fees.

Silver is a great choice for investors who are prepared for a long-term investment.

If you invested £10,000 in silver in 2008, by 2018 the value of the silver would be £17,328 – a return of £7,328.

Based on the live silver prices:

2008 Silver @£7.21 per troy ounce 

2018 Silver @£12.39 per troy ounce 

Should I Buy Silver Coins or Bars? 

Physical silver can be traded almost anywhere in the world. In the event of an emergency, silver coins and bars could be used as money! No, we’re not talking about an apocalypse or a zombie invasion, but in the event of an economic crisis, you could use investment silver as money to pay for goods and services. 

The most popular traded silver bullion is either one ounce silver coins or one kilo silver bars. Premiums tend to be lower on these weights. Quantity breaks provide the investor with a chance to buy investment silver at a lower price; the more items you buy, the less you will pay per coin or bar. 

Which Are The Best Silver Deals? 

Check out the prices of our UK's Cheapest Silver Coin as well as our Best Value 1 oz Silver Coin

We often have pre-owned silver coins and bars in stock which are sold using the special scheme. This is a great way to buy cheaper silver as you will only pay VAT on the dealer's margin.

You can compare the prices here:

 

2021 Britannia 1 oz Silver Bullion Coin - New

Stock Status - Out Of Stock

0.5 oz Silver Lunar Coin Best Value Australia - Minty

Stock Status - Out Of Stock

1 oz Silver Coin Best Value - Secondary Market

secondarymarketourchoicesilvercoin500-B-1forweb

Stock Status - Out Of Stock

Quantity Premium % Total
1
30
£30.13

Price Per Item:
£30.13

Est UK Delivery
£3.50
5
29.5
£150.10

Price Per Item:
£30.02

Est UK Delivery
£6.00
10
28
£296.70

Price Per Item:
£29.67

Est UK Delivery
£6.00
25
26
£730.25

Price Per Item:
£29.21

Est UK Delivery
£6.00
50
24
£1,437.00

Price Per Item:
£28.74

Est UK Delivery
£11.00
100
23
£2,851.00

Price Per Item:
£28.51

Est UK Delivery
£27.60
250
22
£7,070.00

Price Per Item:
£28.28

Est UK Delivery
£30.60
500+
20
£13,910.00

Price Per Item:
£27.82

Est UK Delivery
£50.20

New Perth Mint Silver Lunar 1 oz Coins - Our Choice

Stock Status - Out Of Stock

Quantity Premium Total
1
£4.80
£33.58

Price Per Item:
£27.98 (Exc. VAT)
£33.58 (Inc. VAT)

Est UK Delivery
£3.50
5
£4.60
£166.70

Price Per Item:
£27.78 (Exc. VAT)
£33.34 (Inc. VAT)

Est UK Delivery
£6.00
10
£4.40
£331.00

Price Per Item:
£27.58 (Exc. VAT)
£33.10 (Inc. VAT)

Est UK Delivery
£6.00
25
£4.35
£826.00

Price Per Item:
£27.53 (Exc. VAT)
£33.04 (Inc. VAT)

Est UK Delivery
£6.00
50
£4.30
£1,649.00

Price Per Item:
£27.48 (Exc. VAT)
£32.98 (Inc. VAT)

Est UK Delivery
£12.00
100
£4.25
£3,292.00

Price Per Item:
£27.43 (Exc. VAT)
£32.92 (Inc. VAT)

Est UK Delivery
£28.60
250
£4.10
£8,185.00

Price Per Item:
£27.28 (Exc. VAT)
£32.74 (Inc. VAT)

Est UK Delivery
£31.60
500
£4.00
£16,310.00

Price Per Item:
£27.18 (Exc. VAT)
£32.62 (Inc. VAT)

Est UK Delivery
£51.20
1000+
£3.75
£32,320.00

Price Per Item:
£26.93 (Exc. VAT)
£32.32 (Inc. VAT)

Est UK Delivery
£103.40

Metalor 1kg Cast Silver Bullion Bar CHARDS

metalor1kgsilverbarfront500-B-1forweb

Stock Status - In Stock

Quantity Premium Total
1
£62.00
£968.59

Price Per Item:
£807.16 (Exc. VAT)
£968.59 (Inc. VAT)

Est UK Delivery
£11.00
5
£60.00
£4,830.95

Price Per Item:
£805.16 (Exc. VAT)
£966.19 (Inc. VAT)

Est UK Delivery
£29.60
10
£58.00
£9,637.90

Price Per Item:
£803.16 (Exc. VAT)
£963.79 (Inc. VAT)

Est UK Delivery
£47.20
25
£55.00
£24,004.75

Price Per Item:
£800.16 (Exc. VAT)
£960.19 (Inc. VAT)

Est UK Delivery
£83.80
50
£54.50
£47,979.50

Price Per Item:
£799.66 (Exc. VAT)
£959.59 (Inc. VAT)

Est UK Delivery
£154.60
100
£52.00
£95,659.00

Price Per Item:
£797.16 (Exc. VAT)
£956.59 (Inc. VAT)

Est UK Delivery
£310.20
200+
£50.00
£190,838.00

Price Per Item:
£795.16 (Exc. VAT)
£954.19 (Inc. VAT)

Est UK Delivery
£586.20

1 Kg Silver Bar Our Choice - Pre-Owned

Silver1kgbarUmicore-B-1forweb

Stock Status - In Stock

Quantity Premium % Total
1
26
£938.90

Price Per Item:
£938.90

Est UK Delivery
£11.00
5
25
£4,657.25

Price Per Item:
£931.45

Est UK Delivery
£29.60
10
25
£9,314.50

Price Per Item:
£931.45

Est UK Delivery
£47.20
20
24.5
£18,554.40

Price Per Item:
£927.72

Est UK Delivery
£53.20
50+
24
£46,200.00

Price Per Item:
£924.00

Est UK Delivery
£153.60

How Do I Buy Silver Bullion? 

It is easy. Buy online, call us to place an order or visit our showroom. Unlike investment gold, you are not required to provide identification*.

Your silver coins or bars can be sent to you or collected from our premises. If you prefer to store your bullion in our secure fully insured vaults, this can be arranged for a low fee which is charged monthly based on the live value. We buy silver at competitive market rates, whether you have bought it from us or not.

*We require two forms of identification for orders over £5,000.

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