That covers your point. If you can pay with a silver crypto then they likely accept silver coin as well. Problem is there's a lot of fake silver coins and they have to have a quick way of spotting counterfeit coins.
If you can pay with a silver crypto then they likely accept silver coin
That is a fair statement.
Re: PM's, don't buy Chinese Pandas or bullion unless scanned in front of you, don't buy PMs from a pawn shop unless you see the item scanned, only buy PMs from reputable dealer online or IRL and IRL with a scanner. One exception to the above is small demon pre-64 US coins. For now at least & gold excepted, fakes have not appeared in junk silver except Morgans & Peace dollars. There isn't enough money in it, yet. So I would still feel OK about US junk found at a yard sale or auction. And throw numismatic value out the window, base your purchase on spot only.
Conflation fine but their article aggregator is often hilarious. "Silver set to boom!" in one, 3 down from it "Silver likely flat for foreseeable future.", LOL.
Many SLV coins off the radar even at the LCS. Coin too obscure or silver content too low to bother with, most shops only want to flog US Mint .999. Can't blame them, people lined up for it. Around me that's a 40% premium over spot.
Point #3 -
That covers your point. If you can pay with a silver crypto then they likely accept silver coin as well. Problem is there's a lot of fake silver coins and they have to have a quick way of spotting counterfeit coins.
That is a fair statement.
Re: PM's, don't buy Chinese Pandas or bullion unless scanned in front of you, don't buy PMs from a pawn shop unless you see the item scanned, only buy PMs from reputable dealer online or IRL and IRL with a scanner. One exception to the above is small demon pre-64 US coins. For now at least & gold excepted, fakes have not appeared in junk silver except Morgans & Peace dollars. There isn't enough money in it, yet. So I would still feel OK about US junk found at a yard sale or auction. And throw numismatic value out the window, base your purchase on spot only.
Right, I use coinflation.com for spot price. I would like to get one of those precious metals verifier gizmos one day.
Conflation fine but their article aggregator is often hilarious. "Silver set to boom!" in one, 3 down from it "Silver likely flat for foreseeable future.", LOL.
Many SLV coins off the radar even at the LCS. Coin too obscure or silver content too low to bother with, most shops only want to flog US Mint .999. Can't blame them, people lined up for it. Around me that's a 40% premium over spot.