Bullion investors and coin collectors are always looking for places and deals that can get them cheap silver dollars.
True, you do not have any control over the prices of the silver dollar nor have any ways to know about its future price. However, there are still ways and strategies, using which you can get cheap silver dollars.
Here are the tips that can help you buy cheap silver dollar:
Buy Cull Silver Dollars
Cull silver dollars are those silver coins that are damaged in some respect but they are cleaned for collection purposes.
Coin collectors or investors that wish to add some coins of the pre 1965 era, look for the cull silver dollar coins as they are relatively cheaper and available with many dealers.
Buy in Bulk
When you are looking for the best deal on buying the silver dollar, you need to buy in bulk. When you buy bags or rolls of silver dollars, you will definitely get a good deal.
These rolls or bags of silver dollars can be of the same date or of different dates but in a sequential form. The price of the bag or roll of the silver dollars would depend upon the rarity of the coins.
If the coins belong to a certain happening or eventful era, the prices would definitely be higher than those that belong to a peaceful era.
Buy from the yard Sales
Yard sales are probably the best place to get the best deal on silver dollars. You never know when you might strike gold at a yard sale. Most old folks that have a collection of these coins do not know the value of these coins and you might end with a very good deal.
Beware the Too-good-to-be-true-deals
Many a times, you might be lured to buy the cheap silver dollar advertised on the television or the newspaper. True that the offer seems too-good-to-be-true and it must be so. Keep yourself away from such deals as you might end up losing your money for something fake.
Buy Random Date Dollars
As a coin collector or an investor, you always look for a good deal when buying the silver dollar. In this regard, you must buy the silver dollars of random dates as this will get you a good deal.
Buy the silver dollar only from a genuine dealer or else you might lose your investment.