How To Buy Silver

Where can i buy silver bullion in fremont, california?

admin — Sun, 11 Oct 2009 21:35:18 +0000

You can buy from any coin shop in or around Fremont. However, you may want to check on the current sales tax rules, since bullion has incurred a sales tax in California if less than $1000 worth is purchased. If sales tax is a concern, it may be advisable to purchase from an out-of-state company, depending on shipping costs.

How to buy gold and silver?

admin — Sun, 11 Oct 2009 21:35:14 +0000

How to buy actualy gold and silver bar? is it a good investment?

Gold is a good investment if you are looking to buy and hold for the very long term. The issue with gold and silver as an investment is the tax treatment. They are heavily taxed when you sell them for a profit. So if you want them as a hedge against inflation, you are better off buying the actual metal in small quantities (<$10k each transaction) so you don’t create an IRS reportable “event”. The transaction costs are high (~6%) for the gold bullion from a reputable dealer but that is MUCH cheaper than the taxes (30-40%!) on your gain. You can rent a cheap safe deposit box and store them there. You do NOT need to worry about them “tarnishing” if you buy bullion. A reputable coin dealer can sell this to you. Look for dealers registered with the US Mint as authorized resellers of their bullion product. I started buying gold bullion in $800-$1000 quantities monthly a few years ago. I have seen, on average, a 30% appreciation AFTER transaction costs during this time. No one knows if this will continue, but I am not selling.

How do I make my silver plated jewelry(fake silver), silver again?

admin — Fri, 03 Sep 2010 21:52:01 +0000

Most of the jewelry that I buy is fake silver mainly because it’s cheap, but they are all turning bronze. Is there any way that I can make them silver again?

Get silver spray paint or silver nail polish and coat it yourself. Thats genrally how the big manufacturers do it.

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