The best prices on gold and silver bullion
Whether you’re a first time buyer or a long-term collector, Compare Gold and Silver Prices gives you the tools you need to find the best price of silver and gold bullion using live data from bullion dealers around the world.
Before you buy silver online or buy gold online, use the price comparison tables to compare prices of popular bullion dealers like BGASC, GovMint, Bullion Exchanges and many more. The price comparison data is organized in four categories:
Price Comparison Tables
The main, unique feature of this site is the price comparison tables. The tables gather live price data from major bullion dealers, together with star review ratings, so you can easily find the best price from the most reputable dealers. There is one price-comparison table for each major precious-metal category: Gold Coins, Gold Bars, Silver Coins and Silver Bars. Each table contains the price of gold and silver for the most popular bullion products. When you find the product you’re looking for, click the price in the table to navigate directly to the dealer’s product page. Be sure to come back and leave a review after you receive your precious metals.
Compare Silver Prices
Silver is a popular form of bullion that you can buy as coins, rounds and bars. Silver is more popular than gold because it has a lower cost of entry. If investing in silver interests you, I made two tables you can use to find the best silver prices:
Although I collect coins and bars, if you want to get the most silver for your money, I recommend silver bars. Silver bars are almost always cheaper than coins of the same weight. For example, at the time I’m writing this, a 1oz Silver American Eagle costs $17.80, whereas a 1 oz silver bar costs $17.14. That’s not a huge difference, but you save big when you buy larger volumes. Compare, for example, a 500 oz Silver American Eagle Monster Box for $9,120 versus 500 ounces in bar format for $8,040.
Coins vs Rounds
The difference between coins and rounds is simple. Coins are legal tender, and they are produced by government mints, such as the US Mint and the Royal Canadian mint. Rounds are round, like coins, but they are manufactured by private mints, and they are not legal tender. Coins have a face value, such as $1 on the American Eagle and $5 on the Canadian Maple Leaf. Obviously, the face value has no connection to reality. Rounds do not have a face value.
Coins and rounds are usually produced in 1-ounce sizes, though you can also buy them in other weights, such as fractional or one-ounce multiples. Government mints around the world produce the coins and back their purity and weight. The year in which the coin was minted is stamped on the coin, as well as the coin’s purity. The purity ranges from .999 to .9999.
Most coins maintain the same designs for decades, except for Silver Chinese Pandas, which I believe get a new design annually on one side, the panda side. Rounds come in all kinds of designs, everything from cartoon characters to holiday themes. I’ve even seen silver rounds with pictures of Bigfoot on them.
Compare Gold Prices
Gold is also a popular form of bullion that you can buy as coins, rounds and bars. Gold is slightly less popular than silver simply because gold costs more. The smallest unit of gold you can buy is 1 gram, which although affordable, costs more than the smallest unit of silver. In recent years, however, manufacturers have produced new fractional products that make gold more accessible and easy to use as money. Karatbar, for example, makes 1 gram bars encased in credit-card sized cases. I really like Karatbars because they conceptually portray gold as money, and idea which is no longer taught in school. Valcambi has a similar product called the “CombiBar.” Valcambi’s CombiBars are gold bullion bars that are stamped out in small pieces that you can break off, similar to a chocolate candy bar. In this way, you can make change when transacting in gold.
If investing in gold interests you, I made two tables you can use to find the best prices:
Similar to silver, if you want to get the most gold for your money, I recommend gold bars, rather coins. Bars and rounds are almost always cheaper than coins of the same weight. In fact, I don’t even own any gold coins because of this fact. I would like to add them to my stack in the future, but currently, it’s not in the budget.
Again, like silver, the difference between coins and rounds is that coins are legal tender, and rounds are not. Coins can also have numismatic value which further increases the price of the coin. Honestly, numismatics are not my expertise, and I steer away from numismatic coins, which to me, are more for collectors. I’m into precious metals as a hedge against inflation, bank failures and adverse changes in monetary policy.
Trustworthy Gold and Silver Dealers
When buying gold, or other precious metals such as silver or platinum, one of the most crucial steps is finding a dealer you can trust. If it’s your first purchase, this can be a daunting task. I remember the first time I bought silver coins online, wondering if the site I was buying from was legitimate. For all I knew, the site could’ve been fake, and I couldn’t afford to throw my money away. Luckily I found a trustworthy dealer on the first try. After my first successful purchase, I took it upon myself to create this site, comparegoldandsilverprices.com, so we could all benefit from each other’s experience and identify the precious metal dealers that are reputable, as well as the ones that aren’t.
Online Bullion Dealer Reviews
Another feature of Compare Gold and Silver Prices is the bullion dealer reviews, which are integrated throughout the site, in the price-comparison tabled
Sometimes you have to take reviews with a grain of salt. It’s well known that some businesses post fake reviews. They create fake, glowing reviews of themselves while writing negative comments about the competition. All reviews on this site go through a rigorous process to maintain the highest standards. First, a complex algorithm processes each review automatically to weed out obvious fakes. Then I personally review each comment to confirm its authenticity. Of course sometimes there is no way to know for sure, but I do the best I can. I like to think of the reviews as a barometer. They’re not always 100% accurate, but if the majority of the reviews for a particular silver dealer lean one way or another, it’s usually a good indication.