Secondary market silver is another term for "pre-owned" silver. Gold, silver and platinum cycle through the industry over and over again as investors buy and sell their precious metals. Our wholesaler receives thousands of ounces of secondary market silver products every month. These products are inspected and if they meet certain quality criteria it is offered back out as secondary market products to bullion dealers at discounted prices. We in turn then offer these products to our customers at very competitive prices. Here are a few things that you need to know when considering secondary market silver:
- The product comes in silver rounds or bars and must be ordered in 20 count tubes/sheets with a minimum of 100 ounces.
- All silver will be authenticated and will have the .999 and weight stamped on each piece.
- We have no control over what design or designs you will get. For example, if you order 500 ounces you may get all the same style or you may get several different styles.
We have been very pleased with our wholesaler and the quality of secondary market products they have been providing thus far and so have our customers that have taken advantage of this program. The savvy investors pay close attention to this category because minimizing their buy sell spreads is what it is all about. If you have any further questions about secondary market silver, please feel free to contact us or stop by our retail location.