Silver For Sale: How To Invest In Silver Without Paying For It

With silver price poised to rise to 20.00 per troy ounce by fall. It is high time that you start to collect some. While you know you can go buy silver now and there are may sites online that offer silver for sale. That is not the true key to making a killing in the silver market. The key here is to get as much free silver as possible before the spike in silver prices occur so you can cash out at the peak in silver prices.

The way to get free silver is simple. go down the the bank and pick it up. There is all sorts of free silver just sitting in the bank and you can pick it up for nothing. No, not by robbing the bank! How you can get free silver will come later first a little background.

Silver U.S coins actually contained silver at one time before 1965 the united states put silver in the coins. Specifically quarters, dimes, half dollars and dollar coins before 1964 are composed of 90 percent silver. This means that they are almost all silver. This is silver that is pretty much free. For example A Half dollar made in the year 1964 or before contains .3617 troy ounces of pure silver this means that a half dollar made before 1964 at today's silver price which is a little under $14.00 a troy once is actually worth about 5.00 or so. This means that if you can get the half dollar in question for fifty cents instantly you have made $4.50 not a bad return if you ask me.

Now How do you get the Half Dollar in question for only fifty cents? Here is the way I do it. Straight off it is very useful to go to a bank that you've got an account with or know the teller, they are far happier that way. First go into a bank and ask if they have any half half dollars, they will generally say either no, or they're going to say we have got a couple dollars in loose halves ( halves in there coin tray ) or they would also say they have got a bunch in the vault. Tell them you want buy them all. Then of course buy them all. Next, take the half dollars home.

When you get them home take the coins out of the coin rolls. Don't rip the rolls you will want to save them. while you could look at all the dates of the coins there is a much faster way to get the job done. I just look at the edge if have looked at the edge of a modern half dollar coins you will notice that there is a line that looks like copper on one side of the edge. on a half dollar coin made before 1964 that line of copper is not there. It will either be just silver no copper. These are the ones that you want. Now put those in a separate pile those are "keepers" Now roll up the rest of the coins and take them back to the bank and get your money back. You now have your free silver. do this over and over again until you have a lot of free silver.

Now what do you do to get your money out of the silver. You could melt it down and skim of the impure metal but that is too time consuming and may actually be illegal in some states.there are easier ways. The first thing you can do is to send it off to a smelter. These Smelters usually will pay you either in cash based on the trading price of the silver or you may opt to take you payment in silver bars. The much easier way to do this is to put your silver for sale on one of the online auction sites. These offer the opportunity for you to male more then the trading price of the silver. So there you have it the way none will tell you how to make money from free silver and how to make a lot of money while risking none of your own money in the process.