What is Secondary Market Silver and Gold?
A secondary market is one in which the products being sold are from a party other than the original source. This does not connote anything about the quality of the items.
Precious Metals from the secondary market are worth just as much, by weight, as Precious Metals from the primary market. The prices you will find here are directly tied to the Gold spot price and the primary market.
What do you get when you buy Secondary Market Metals?
When you buy Secondary Market Gold, you will receive Gold. An ounce of Gold is an ounce of Gold, regardless of whether it is newly minted or not. If you are buying from a reputable seller like APMEX, these products will have been tested to ensure the fineness and weight of the Metal are accurate.
One of the caveats of buying Secondary Market Precious Metals is that often, several brands’ products will be grouped into one product. For instance, a secondary market 1 oz Gold bar may have Gold bars issued by several mints, and the product brand you receive is probably at the seller’s discretion.
Why Buy Secondary Market Gold and Silver?
There are many reasons an investor would want to consider Secondary Market Precious Metals.
Buying Secondary Market Silver and Gold is a great way to begin a Precious Metals collection since the premiums will be lower. Paying a lower premium provides flexible liquidity. You can resell with less risk of losing your money, so secondary market products are a good way to safeguard your assets against inflation.
One benefit of this approach is finding scarce bullion and coins, which may carry an even lower price due to tarnishing, handling wear, and scratches. No matter how many scratches a Gold coin has, its Fine Gold content is unaffected.
Another benefit to buying secondary market Precious Metals is the broad range of options it offers buyers- You will not be limited to what is popularly stocked and minted this year. You may be able to find older and discontinued products and save money on those in comparison to products available from the primary supplier.
