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

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?

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.

wish you guys were in the UK :)

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

Great video ..Cheers..

Great video Michael!!!

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

Good summary Micheal.
As you have often stated in previous videos, preferences will change over time.
A newbie is likely to want to stick with a known brand, to lower perceived risk and releave their uncertainty.
Once they have a few bars in their stash they are probably likely to be more open to the "Lucky Dip" at the reduced price, in order to build quantity into their stack.
The slightly lower price of the locally produced bars will be attractive if the plan is to sell back to a dealer (BN), but if intending to take overseas or sell in the private market (Ebay etc) the unknown brand may result in slightly lower price being obtained due to the buyers uncertainty. As you say, this is where the premium / known bars come in.
After collecting a moderate number of bars, it is likely that there will be an attraction to some variety in the stack, including some nice shiney premium bars, which may be more likely to be kept long term rather than disposed of when required, with little feelings of loss/ hesitancy. Theres nothing like some bright & shiney silver on the desktop.
This variety may also extend to large coins, eg 1kg Kookaburra / Koala etc, which may have the potential to become collector items, or become very desirable on the secondary market, moreso than boring old bars.
So its horses for courses, depending on the goals, the stage of collecting / stacking, the displayability / concealment / storage desires, intended length of time to keep, etc.

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

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

Makes me want to buy a kilo bar 😂

Very well explained

Great display buyback all the way I like the surprise

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 🥰

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 .

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

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

Thanks mate top job

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

I love my Perth mint bars

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

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

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

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

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..

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

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.

100% Michael it’s always knowledgeable hearing your thougths

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

how much is aus wide postage per kg ?

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."

Relaxing vid and low nice music👍

Well done. Pitched excellently for beginners and the curious.

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.

Great explanation, thank you.

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.

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

Nice work mate
Taz Oz

Informative and useful for new starters

Excellent delivery of sound info!

I will stick with Scottsdale mint.

Apmex

can any one tell me is silver would go up if a world war started

Countries with the best gold/silver mints.....
1. Australia
2. Canada
3. UK

Royal Canadian mint worlds best.

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U.S. silver and gold eagles are hands down the single best thing to stack. America produces the world’s currency. American eagles are US gov backed and command respect.

Please tell me if a box of 500 2025 Canadian Silver Maple Leafs 1 oz. at $2.50 over spot is a good or great deal? Thank You Much!

He basically explains why its a bad idea to physically hold bars. Because of the spread between buying and selling.