Just check the current spot price of silver before you buy. - http://bullion.nwtmint.com/spot-price-ch...
Is your budget $10,000, or $10? it makes a difference, still, some general advice can be given.
Silver is priced based on 'spot price'.
Right now spot price is $20 per ounce.
Reasonably, any silver you can buy will be above spot price.
In the beginning, pay as little premium, or mark-up, as possible.
For a beginner there are two items I would suggest.
One is "junk silver". In the U.S. coins before 1965 were 90% silver. I can buy half dollars for $8 each at my local precious metal dealer. A great price, Silver dollars are $22, a pretty good price.
Based on the spot price of silver the halves have $7.50 in them, anything under $9 is a good deal.
For $10 you can get started buying silver for an investment, or insurance - against total collapse of the fiat currency system.
The second fairly good deal is American Silver Eagles (ASE). They are modern, and 99.99% silver, and sell for $25 at my local dealer, a little cheaper if you buy a tube of 20 mail order. The ASE is legal currency, face value of $1, but no one would use it for a $1 purchase, since it is worth $20+.
Other countries have their equivalent of the ASE, like the Canadian Maple leaf.
Start with junk silver or 99.999% silver dollars, watch the premium, and start to learn more.
My first ASE were $33 each, now I buy them for $23.50. Silver is on sale, a great time to buy.
I buy a little every payday, will keep doing so until spot price reaches $25, then may slow down.
Gold is the fair haired child, but silver shows more potential for increase in value.
If you want to make a commitment to buy silver say, every month, then a good way to start is with some silver bullion coins like the American silver eagle or Canadian Silver Maple Leaf. They are both well recognized, and a good investment.
Buy in small amounts my rule of thumb don't buy large amounts unless it's cheap If it's under 22$ an ounce stock up on it. And never sell all of it if you can help it play the market and pay atention to the patterns
