What Brand Of Silver Should You Buy? - Back to Basics!

It's been too long since we've done a refresher on some of the basic principles of stacking, and Michael goes through a question we get in the store every day. What brand is best? Does it make any difference? Michael delves into this and more! Ask any questions down in the comments below, and if you've got a topic for the back to basics series, feel free to let us know!
Need to buy gold or silver in Melbourne, Australia? Come see Bullion Now for all your gold and silver bar and coin needs, now located right in the heart of the city! Need something a bit more special? Little Coin Shop has you covered with the best collection of collector's items!
And if you need to sell gold, silver or other precious metals... we pay 100% of spot price. To our knowledge, that's the best in the business.
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[@symbungee]

Premium low = high stack.

[@stevenw8044]

In America, myself and others think the Pearth Mint products are premium Au and Ag.

[@rad1930]

Thank you for this tutorial, this is why I buy my silver from you, I went to 3 other shops before I found you & ever since I have never been anywhere else, customer for life.

[@Dezy.1]

I once managed to get a really nice pamp suisse bar with a certificate for buy back price. Really happy with yhat one 👌

[@WorldMoneyWins]

Excellent tutorial Michael! This will help a LOT of new stackers. :-)

[@MrVariable]

Being semi new to stacking, this is much appreciated. Cheers michael

[@romanmichalek4758]

Personally, i do not give a flying duck, my silver bars are sealed, looked at them once, than stored...maybe when im ready to die look at them again..

[@melbournestacker]

Makes me want to buy a kilo bar 😂

[@SirAlford]

Best to stick with Royal Canadian Mint and not have to worry.

[@SilverHonda0767]

28 days and counting….. who is going to the 2023 Key West Fantasy Fest? October 20th to 29th. This year‘s theme is “Uniforms and Unicorns” 200 years of sailing into fantasy. The theme reflects the Florida Keys 2023 bicentennial. It’s to celebrate 200 years of the United States Navy in the Florida Keys.

[@Seven-Seven-77]

Very well explained

[@aussiegirl6738]

I love a nice buyback bar .. I have a beautiful dinged Perth mint reverse swan but not that big … love it also have premium ones, if I’m buying I choose based on reason for purchase. I love me the old character bars 🥰

[@bartlettpairs]

Thanks for this video Michael. This Info is invaluable.

[@sydcolyer1292]

Thanx good information to know

[@polypoly7966]

Well done. Pitched excellently for beginners and the curious.

[@kirkgrant7067]

I recently acquired some one troy ounce find silver bars that are three nines what is the difference between three nines and four nines.

[@stephensecombe2027]

Hi Michael, That was Great info and if I win lotto I'll be down to buy the Melb Bars. cheers. Stephen.

[@99.99]

I just found out that Germania Mint ain't in Germany. It's in Poland.

[@titanuranus]

The "Germania" name comes from the Roman Empire, that referred to anything east of the Rhine River and north of the upper and middle Danube River as "GERMANIA". This would today include Germany, the Czech Republic, Slovakia, Hungary and Poland. Their coins and bars are second to NO ONE and have superior anti-counterfeiting and security features. They are LMBA certified and (at least in the US) not significantly more expensive than their competition. Their products are beyond reproach and when I order Germania bars, I know I am getting a top quality product. And no, I do not work for and am not related to anyone at Germania. I am just a very happy customer.

[@Dezy.1]

As someone who only recently started stacking I appreciate these kind of educational videos.

[@divizionx]

I love my Perth mint bars

[@titanuranus]

The Perth Dragon one dollar rectangular coins are getting a fairly high premium in the US (which I paid.... because they are gorgeous) and the new Perth Swan/Kangaroo bars are some of the best looking bars available. The engravers at that mint have got some mad talent.

[@attilaharangozo1044]

Nice work mate Taz Oz

[@kaynef6637]

Very good

[@tredici72]

I like buying high premium buy backs

[@BullionNow]

Why not the best of both worlds?

[@melbournestacker]

😂

[@tomtharos4440]

Great explanation. In the U.S. during the last few months one thing has become clear. Buyback, local, premium or deluxe, they all have one thing in common. When you sell, you will get spot, if you are lucky.

[@silvermad1]

No doubt the best silver to stack because it is an investment at the end of the day is low premium silver bars I sold a whole bunch of coins just this week at bullion now I’m Halton get spot but gee I bought these coins at way over spot it’s just the way it is with high premium silver, p.s gday oscar did tell Michael he needs to do something about aircon at bullion now it was like a sweat shop there on Tuesday lol

[@silvermad1]

100% Michael it’s always knowledgeable hearing your thougths

[@ianbird7444]

wish you guys were in the UK :)

[@JohnFrazer-jb9oi]

Thanks again for some information new to the game and trying to obtain information. My question l live in Nt Qld do I just ring too see if there are buybacks available and I guess it is a lucky dip? Cheers.

[@half_a_dozen_mars_bars]

Buy Buy Buy!

[@brettpark2161]

Thanks mate top job

[@THEDRAGONBOOSTER8]

Great video ..Cheers..

[@LodgicalThoughts]

Great video Michael!!!

[@SteelHand071]

The best part of buybacks is the lucky dip component. I'll always take buyback/secondary market silver and gold if it's available. I've picked up some real gems including some high premium items and interesting foreign stuff

[@robertwalker8453]

Thanks for the education. Been stacking for a while, but always can use the education. I try to get a some from the four categories with the focus on the premium category as I see them as being easier to move with the least hassle; however, I do a little of deluxe premium because there are times you can get a little extra from them when you go to secondary market with no "middle man."

[@philiprachtman1217]

So are buy backs in some sort of order when a person comes in or would you give a regular customer a "nicer" buy back bar?

[@markbainbridge5654]

"nice" customers get "nicer" bars .... "nice" idea....

[@tslee8236]

You'll never know. Be nice to the staff. 😂😂😂

[@adamflorio2105]

​@@markbainbridge5654 thats a nice statement😂

[@bro031]

I tend too buy a mixed bag I like new silver and am not so worried with the brand it’s what catches my eye but I also like a buy back as it has character with the dints and scratches and tells a story about who’s had it where or what it’s been stored and some times the toning is beautiful my favourite buy back I have gotten ages ago was an old Perth mint left facing swan bar .

[@Paulathompson73]

If i sell metals am i subject to capital gains tax?

[@robertoh.20]

yes if you tell the gov lol

[@frankabler]

No. Becasue you always lose money buying and selling silver, unless you're a dealer.

[@mcduncanpresents9389]

Still have to get myself a 1kg bar...😂

[@YomaoT12]

Great display buyback all the way I like the surprise

[@MM-eb6ef]

Great explanation, thank you.

[@GR19611]

These videos are fantastic and more would be appreciated in the future. 😊 You must win the award back from ABC.

[@pranksterguy1]

I like Sunshine as it has the SI security feature on the reverse.

[@littlepaws5947]

Relaxing vid and low nice music👍

[@oconnormcgee2549]

Buy backs for me any bands cheaper the better

[@kaceydillin7367]

I like buy backs. I am new to the metals, and just the swings I have seen the past few months, make buying the dip really good. I have noticed 1kg silver bars do offer the lowest premium of 75 cents USD over spot when on sale. So personally I keep an eye on weekly deals from online retailers, and when the dip happens, pull the trigger. When Silver does go to the moon, premium wont matter. An ounce of ugly silver bar will fetch the same as an American Silver Eagle, which is exactly why I stay away from Silver Eagles. I just want cheap cost effective silver to stack for when silver goes to the moon. Kookaburras is where I do splurge. All the above reason and logic goes out the door 😎

[@frankabler]

Sorry, silver will never go to the moon. That's just scammers trying to sell you silver. Better chances with lottery tickets.

[@kaceydillin7367]

@@frankabler It has before, and the pre I’m never mattered. Hence why I stay away from stacking anything with high premium.

[@kaceydillin7367]

@ptaeiy no I live in Texas. I have only been in metals for like 3 months. I think they were paying $10,$12 above spot last year? What I am referring to is when silver went to $50 an ounce. An ASE was the same as any oz of silver, as far as selling.

[@FTW_Wolf]

how much is aus wide postage per kg ?

[@COUNTINGSLURPULA]

One doesnt just sell a vintage, J Mathey kilo bar for spot melt! Ever!

[@frankabler]

Silver is just silver, mate! Premium vintage bars are just a scam.

[@titanuranus]

@@frankabler That's your opinion and you are welcome to it. Johnson Mathey and Englehardt bars are highly collectible and sell at collectible prices. You are free to pay and collect what you like, just as people who seek out and buy antique silver bars are free to pay for what they like.

[@frankabler]

@@titanuranus Dealers will sell them at collectible prices but they will repurchase them from you at no more than spot. That's the problem.

[@titanuranus]

@@frankabler That simply isn't true (at least in the US). If a local dealer tries that move, walk out the door. The big online dealers do pay premium prices for the collectible bars and coins because they know they'll get it back when they sell them.

[@frankabler]

@@titanuranusJM Bullion sells 1 oz Engelhard Silver Bars for 40.65 and purchases them OTC for 25.41. Sure, they pay a little bit more over spot for them ($1.90) but look how much they're reselling them to the public for. If I purchase one for 40.65 I will only get 25.41 on the resale back to them. That's a complete rip-off for the consumer. All other online dealers have similar pricing structures. Like I said, Engelhard and Johnson Matthey bars are just a scam. Now if a consumer is able to retail these bars by themselves and get a price close to 40.65, then that's a different story.

[@jamesdoe3713]

Premiums have/are starting to really fall in the USA. Australian dealers need to follow, most premiums here are still too high on many things.

[@melbournestacker]

The supermarkets blame it on “Inflation”

[@jamesdoe3713]

@@melbournestackeryeah, while they make record profits *facepalm*.

[@tslee8236]

​@@jamesdoe3713Profit inflation.

[@tslee8236]

Buy gold if you want to have a lower premium %.

[@frankabler]

Australian dealers can do whatever they like. If you don't like their premiums, you're free to shop for your silver in the USA and have it shipped to Australia.

[@rainingsocks]

How much price difference would there be between a buy back and a deluxe version of the same bar size?

[@buckfizzard291]

Look up Scottsdale stackers vs buy backs

[@wombat1184]

Buy backs all the way 😁👍

[@jasonashworth9794]

First

[@mcduncanpresents9389]

First 😊

[@Belfast-Child]

My last 3 kg bars have been buybacks from BN and never disappointed.