As a stacker for close to 10 years now, I will say, try and find a local coin shop (LCS) that is reputable. If you are planning to buy every month, it might be worth it to get a good relationship with an LSC. My local guy has much better prices than online dealers, but a much smaller selection. I have made tons of online purchases, so I don't see anything wrong with that, but local is usually a better deal, especially for smaller purchases. Usually, online you have to purchase 20 or 50 or 100 to get the best prices. My local guy gives those prices for 1. Shop around! some local places are horrible, some are great. Stay away from pawn shops, they typically have terrible prices.
Buying local, you can immediately get your silver and see what you are buying. I also like to buy junk (constitutional) silver to round out my purchase.... so if I brought in $100 to spend and 3 rounds came out to $90, then I would spend the left over $10 on some dimes or quarters.
Also, check your state tax laws. I think in my state, if your purchase is under $500 then you have to pay sales tax. So it might be better for you to save up to meet that threshold. No sense in losing $35 on 5 smaller purchases (that is another silver round!). https://www.jmbullion.com/tax/
But back to your questions.... I think 10 oz bars are probably the best bang for your buck. But if a few 1 oz rounds/bars is all you can afford, they are still an excellent way to store your wealth. I am not sure but I think 1 oz rounds are usually cheaper than 1 oz bars, unless you find a sale, so I would probably go with rounds.
As a stacker for close to 10 years now, I will say, try and find a local coin shop (LCS) that is reputable. If you are planning to buy every month, it might be worth it to get a good relationship with an LSC. My local guy has much better prices than online dealers, but a much smaller selection. I have made tons of online purchases, so I don't see anything wrong with that, but local is usually a better deal, especially for smaller purchases. Usually, online you have to purchase 20 or 50 or 100 to get the best prices. My local guy gives those prices for 1. Shop around! some local places are horrible, some are great. Stay away from pawn shops, they typically have terrible prices.
Buying local, you can immediately get your silver and see what you are buying. I also like to buy junk (constitutional) silver to round out my purchase.... so if I brought in $100 to spend and 3 rounds came out to $90, then I would spend the left over $10 on some dimes or quarters.
Also, check your state tax laws. I think in my state, if your purchase is under $500 then you have to pay sales tax. So it might be better for you to save up to meet that threshold. No sense in losing $35 on 5 smaller purchases (that is another silver round!).
But back to your questions.... I think 10 oz bars are probably the best bang for your buck. But if a few 1 oz rounds/bars is all you can afford, they are still an excellent way to store your wealth. I am not sure but I think 1 oz rounds are usually cheaper than 1 oz bars, unless you find a sale, so I would probably go with rounds.
As a stacker for close to 10 years now, I will say, try and find a local coin shop (LCS) that is reputable. If you are planning to buy every month, it might be worth it to get a good relationship with an LSC. My local guy has much better prices than online dealers, but a much smaller selection. I have made tons of online purchases, so I don't see anything wrong with that, but local is usually a better deal, especially for smaller purchases. Usually, online you have to purchase 20 or 50 or 100 to get the best prices. My local guy gives those prices for 1. Shop around! some local places are horrible, some are great. Stay away from pawn shops, they typically have terrible prices.
Buying local, you can immediately get your silver and see what you are buying. I also like to buy junk (constitutional) silver to round out my purchase.... so if I brought in $100 to spend and 3 rounds came out to $90, then I would spend the left over $10 on some dimes or quarters.
Also, check your state tax laws. I think in my state, if your purchase is under $500 then you have to pay sales tax. So it might be better for you to save up to meet that threshold. No sense in losing $35 on 5 smaller purchases (that another silver round!).
But back to your questions.... I think 10 oz bars are probably the best bang for your buck. But if a few 1 oz rounds/bars is all you can afford, they are still an excellent way to store your wealth. I am not sure but I think 1 oz rounds are usually cheaper than 1 oz bars, unless you find a sale, so I would probably go with rounds.