I’m a newbie to buying precious metals, in fact never have. I have 5k cash saved that I have been keeping out of the bank for obvious reasons. Now I’m looking to buy silver and gold. There’s so much info out there it’s hard to tell what’s real or not and makes my head spin. I live in Northern Virginia. Any anons out there in my area know the best place to buy these metals? I’ve also seen there is different types of silver and gold, so which is the best to buy? And where can I look to see the current “spot” (still a little unsure about what that means) price? Any help would be greatly appreciated for a young(ish) 30 year old guy who knows nothing about this topic!
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I always look for sterling silver first at every thrift store, occasionally I'll find something.
Be careful of their labeling... thrift store employees are often quite stupid about such things and "sterling silver" can mean anything from silver plate to a dull metallic thing that looks "silvery." Make sure to read the item to see if it is marked / stamped Sterling Silver. Bless their hearts, they mean well, but people that work at such places are often not very bright.
I'm great at mint marks, I've actually removed silver using acid and electricity. It was a fun experiment but I definitely understand why it's not very lucrative now.