Cryptocurrency Q&A
Should you buy Silver Eagle coins from the bank?
Should you buy Silver Eagle coins from the bank?
Riccardo
Wed Nov 20 2024
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7
answers
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I'm considering purchasing Silver Eagle coins from the bank, but I'm not sure if it's a wise decision. I want to understand the pros and cons of buying these coins and whether they are a good investment option.
7 answers
Riccardo
Fri Nov 22 2024
Purchasing or selling US Mint Silver Eagle coins with a face value of one dollar at a bank is not advisable.
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CharmedWhisper
Fri Nov 22 2024
Banks typically charge significantly more for these coins compared to bullion dealers.
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Silvia
Fri Nov 22 2024
This price discrepancy is a result of a long-standing practice within the banking industry.
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Chloe_emma_researcher
Thu Nov 21 2024
In the past, it was possible to buy silver at banks below its spot price.
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Martino
Thu Nov 21 2024
However, those days are largely behind us now.
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