Should you decide to add silver to your investment portfolio, there are a number of options for you to consider. Here is a summary of silver investment choices:
- Bullion: Silver in the form of bars that are at least 99.9 % pure.
- Official Coins: Silver coins issued by a government mint.
- Medallions (Rounds): A round piece of silver resembling a coin but not considered legal tender. Medallions may be issued by governments or private mints.
- Certificates or Storage Accounts: Silver is kept in storage but the investor can take possession within a few days if desired.
- Futures and/or or Forward Contracts: An agreement made on an exchange to take or make delivery of silver at a set date in the future.
- Options: The right, but not the obligation, to buy or sell a silver or a financial security linked to silver on a specified date in the future.
- Exchange Traded Fund: A basket of equities linked to silver, i.e. the physical metal, producers, refiners, etc. ETFs are traded on exchanges throughout the trading day.
- Mutual Funds: An open-ended fund that holds a basket of silver-related equities that are priced once daily.
The source of your silver investment is important as well. See below for a comprehensive inventory of silver products available at the following trusted retail outlets.
Sources of Investor Products (Silver) | |||||||||
Retail Outlets | Bullion | Official Coins | Medallions (Rounds) |
Certificates or Storage Accounts |
Futures and/or Forwards Contracts |
Options | Exchange Traded Fund* |
Mutual Funds | |
A-Mark Precious Metals, Inc. www.amark.com/ |
✓ | ✓ | ✓ | ✓ | |||||
American Precious Metals Exchange 800-375-9006 www.apmex.com/ |
✓ | ✓ | ✓ | ||||||
The Bank of Nova Scotia 212-912-8500 www.scotiabank.com |
✓ | ✓ | ✓ | ✓ | ✓ | ✓ | |||
BlackRock 800-iShares (800-474-2737) www.ishares.com |
✓ | ||||||||
CMI Gold & Silver Inc. 800-528-1380 www.cmi-gold-silver.com |
✓ | ||||||||
Commerzbank, NY 212-336-1000 www.commerzbank.com |
✓ | ✓ | ✓ | ||||||
Dillon Gage 800-375-4653 www.dillongage.com |
✓ | ✓ | ✓ | ✓ | |||||
Fidelitrade 800-223-1080 www.fidelitrade.com |
✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ||
Gainesville Coins 813-482-9300 www.gainesvillecoins.com |
✓ | ✓ | ✓ | ||||||
Johnson Matthey 610-971-3064 www.matthey.com |
✓ | ||||||||
Kitco 877-775-4826 www.kitco.com |
✓ | ✓ | |||||||
Midwest Bullion Exchange, Inc. 888-928-3390 www.privatebullion.com |
✓ | ✓ | ✓ | ||||||
Mitsui & Co. (USA) 212-878-4127 www.mitsui.com |
✓ | ✓ | |||||||
Monex Deposit Company 800-949-4653 www.monex.com |
✓ | ✓ | ✓ | ✓ | |||||
MTB Bank 800-535-7481 www.mtbcoins.com |
✓ | ✓ | ✓ | ✓ | |||||
Royal Canadian Mint 613-993-3500 www.rcmint.ca |
✓ | ✓ | ✓ | ||||||
SilverSaver 800-701-3546 www.silversaver.com |
✓ | ✓ | ✓ | ✓ | ✓ | ||||
United States Mint 800-USA-GOLD www.usmint.gov |
✓ | ✓ |
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