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How to buy silver

So you have decided that you should own some silver for the first time and you are not sure about the process. Rest assured that we have made it very easy to buy silver and with our new platform you can do so in as little as 3 minutes.

With 14,000 clients and $1 billion in transactions, you can rest assured that we know a thing or two about assisting our clients in the buying and selling of silver for delivery and storage.

Perth Mint Certificates are the lowest cost method of silver ownership in the world. You also enjoy a full government guarantee which no other investment provider can offer.

How to open an account with GoldCore

Click the Open Account Green Box in the top right corner of the home page or below.

You can open several different types of accounts in a number of different currencies. All accounts allow you to buy, store, sell, or take delivery of silver coins or Perth Mint Certificates.

You can have as many accounts as you like in as many currencies as you like.

Types of accounts are as follows:

  • Personal account - Used by private individuals to manage all their precious metal investment needs.
  • Joint account - Used by two or more private individuals. You can opt for a single or dual signature account.
  • Corporate / Trust account - This account allows companies, trust, charities etc to open up an account. Entities will need to provide special documentation and appoint a representative.
  • Pension - This account is used to process your precious metal-approved pension investments. It is important to note that pension assets can never be delivered to the individual while the assets reside in a pension account.

Scan your ID and send to us via email or post

All precious metal brokers or dealers are obliged by law to identify their clients. Yes, we know this is cumbersome for some clients, but it is the law and any dealer who does not ask you to provide identity documents should not be trusted to sell you valuable investments.

You do it once and it is done once and all and we have made it as easy as possible. For each account owner or operator, you need to provide a copy of their passport or driver’s license, this proves their identity. You also need to provide proof of residency, such as a utility bill, bank statement or an official government communication such as a tax document. The document must be less than 6 months old.

Sending in your documents could not be easier.

To prove your identity send in a high quality colour copy of your passport. Make sure all the document edges are clearly showing and the image is clear.

To prove your place of residence, please send in a copy of your bank statement. Make sure it is dated within the last 3 months.

We will accept scans and photographs of these documents.

Fund your account in any currency, by bank wire or credit card

We process thousands of transactions every month safely and securely and make it very easy to pay for your gold coins and bars.

In order for you to buy gold or silver we require your account to be funded.

You have two main options:

  1. Bank Transfer: The cheapest option is to transfer money from your bank to our bank where we hold all client funds separately from our own. Client funds are held in segregated client fund bank accounts - this is important.
  2. Credit Card/ Debit Card: The second option, and this is suitable if you are in a rush, is to pay with your credit card. You can buy up to $/£/€ 50,000 (USD, GBP & EUR) worth of precious metals online right now. You will need your special Verified by Visa password or Mastercard SecureCode password.

Credit card and debit card bank charges are 1.9% and 0.45% respectively.

Should I buy gold or buy silver or both?

If this is your first time…. rest assured that you are in the safest hands possible and we have heard every question before and helping you is what we are here for. We are expert in what works and what does not work for U.S. and international investors. You can learn more about buying precious metals for the first in our guide

You can choose between gold, silver, or platinum. You can invest in one, or two or all three. Most investors choose gold as it tends to have the best long term credentials when it comes to storing value and hedging against systemic risk.

Buyers of silver are frequently motivated not just by safety but also by return. Although silver tends to have larger daily price movements than gold, investors are happy to allocate to it. Many investors who expect a strong rally in precious metal markets tend to have a significant allocation to silver because they believe it is very much undervalued relative to gold.

You will need to decide which format to own your bullion in - coins or bars. For large, long term investments we recommend gold bars (one kilo) held in GoldCore Secure Storage. You can store in a variety of formats in safe jurisdictions and you can also take delivery. Feel free to call our office to discuss your options. You review the price of a kilo of gold here.

Decide to to buy allocated gold and silver or unallocated gold and silver

The Perth Mint Certificates are best suited to investors seeking to have their bullion investment managed. You may choose between Allocated Certificates where you bullion is formatted in actual bars and coins and stored on your behalf or Unallocated Certificates where your bullion is stored physically but in general stock which is then used by the mint as part of its working capital or working stock. No ounces of metal are ever leased, lent, hypothecated or ever placed at risk. Every ounce of Certificate gold is fully backed by a physical ounce of metal. The benefit of unallocated metal certs is the free storage and management of the metal. In this way Perth Mint Certificates are the lowest cost investment product in the metals market anywhere in the world and suitable for long term investors who are comfortable entrusting their precious metal investments to a government entity.

If you are still not sure which option is for you, you can read up on what your options are and how you should view them. We have many excellent guides which are very helpful in this regard, see Guides to Owning Gold and Silver Coins and Bars

If still unsure, you can use your FREE strategy call

Call us if you are still unsure and we will explain your options

If this is your first time, you can have a strategy call with a GoldCore client representative. There are no hard sells and no pushy sales people. We ask you a few questions, give you your options and tell you what to do to make the strategy happen the way you want. It takes on average 10 to 15 minutes and may help you avoid opting for the wrong option.

Right now

If you wish to have a chat with us, then give our office a call on one of the following numbers. Ireland +353 1 6325010, UK +44203 0869200, US +1 888 381 8130.

Or book a call back

If you are too busy to call now or it is out of hours then click here:

and set up an appointment to speak with us and we will call you at a time convenient to you.

How to choose which silver product to invest in

Buying silver as an investment is a long-term proposition. We recommend a permanent holding of silver in your portfolio, especially as the world’s financial systems is increasingly based on digitised records of wealth that can become compromised or erased. When buying silver, you should remember that there are buying costs, holding costs and selling costs associated with ownership.

Do you want silver as money?

Some investors buy silver because they want a form of money or currency that is indisputable and always available to them, should they need it. In that case having a few bullion coins or bars delivered to you makes sense. Make sure you have a safe place for storage and have home insurance in place and don't show them off to your friends.

Storing larger sums of silver?

When investing larger sums, it is important that you find a secure non-bank storage facility preferably in a financial stable jurisdiction that has a proven record of honouring ownership rights. Switzerland remains favored in this regard but Singapore and Hong Kong are increasingly trusted and popular. GoldCore specialise in secure storage, where every coin and bar you buy is stored in your own segregated account and not mixed up or commingled with anyone else’s metal. Read up on our Secure Storage programme and learn how we offer the securest storage or vaulting service in the industry.

We recommend investors buying larger sums of silver for long term storage consider 1,000 Silver bars, as these are available at the lowest premiums over spot and are suitable for long term storage. In order to avoid any VAT charges we advise investors to store these bars in bonded storage in Zurich. Should the bars be moved from bond they may become liable to VAT upon import into a jurisdiction.

Choosing your path to Silver ownership

Here is a table to help you to choose what bullion product is best for you. Please review and if you are ready to go, please feel free to open your account and start trading now. You can wire any amount of funds or buy up to $/£/€ 50,000 with your credit or debit card immediately.