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Pre-owned silver coins
Pre-owned silver coins are authentic silver coins that have previously been in circulation. These coins are cheaper to purchase than the newly minted silver coins, while having exactly the same intrinsic value as the new coins. The difference is in the cost of production, which you do pay for newly minted coins and not for silver coins that have already been in circulation. At The Silver Mountain, you can shop well for both new and pre-owned silver coins.
Why buy pre-owned silver coins?
You can buy newly minted silver coins or buy pre-owned silver coins. The main difference is found in the cost. With pre-owned coins, there are no new production costs involved, making these silver coins more economical to purchase. In addition, there are several good reasons to choose pre-owned silver coins.In most cases, these silver coins are available immediately, so there is no waiting period. Pre-owned coins are a more sustainable and environmentally friendly option because the need for new coins is reduced and fewer new coins need to be produced. Another good reason is that the intrinsic value of pre-owned coins equals that of newly minted silver coins, while you pay less for them.
What to look for when buying pre-owned coins?
When you want to invest in pre-owned silver coins, it is a good idea to compare the price per gram of the pre-owned coin and the same new coin. By making this comparison, you will know if you have a good deal. Always check the condition of the coin.
There are pre-owned coins that look like new, but there are also pre-owned silver coins with signs of use. The condition of the coin is irrelevant to the intrinsic value. It remains the same in all cases. Note the presence of a certificate of authenticity in collectible coins, confirming weight and purity, and also verify that the certificate and coin actually belong together.
To have the guarantee of authenticity and excellent quality of pre-owned bullion, it is always advisable to buy it from a reputable provider, such as The Silver Mountain.
Quality and authenticity of pre-owned coins
So how do we verify the quality and authenticity of pre-owned silver coins? To do this, we at The Silver Mountain use equipment that measures the purity and weight of the coins.
In addition, the magnetic characteristics in the coin are also measured by this sophisticated equipment. Our GVS Bullion Tester ensures a thorough and accurate testing process. All pre-owned silver coins we receive are also visually inspected by our experts and compared to authentic coins for all characteristics and properties. This allows us to always offer you the assurance that our pre-owned silver coins are genuine and high quality.
Our range of investment and collector coins
The Silver Mountain offers a range of silver collector coins and silver investment coins. Our pre-owned collectible coins have a higher value. This is mainly due to the fact that these coins have unique designs, have historical value or are rare.
For investors and collectors interested in rare coins and special editions, our pre-owned collectible coins are definitely recommended. Investors who especially want to benefit from the silver value are more likely to choose pre-owned silver investment coins. These coins have a lower spread between the purchase and sale price. Investment coins are financially more advantageous to purchase than the collector coins.
Investing in pre-owned silver coins
Silver coins always retain their intrinsic value, where it is irrelevant whether they are newly minted coins or pre-owned coins. The intrinsic value is exactly the same, while pre-owned silver coins are more advantageous to purchase. This means that pre-owned silver coins are a cost-effective option for investing in silver.
They are reliable when it comes to preserving wealth and can also be easily traded again if desired. Are you buying your new or pre-owned silver coins from The Silver Mountain? Then you can always sell the silver coins back to us at a fair price.
Frequently asked questions about pre-owned silver coins
Are pre-owned silver coins worth as much as new coins?
Pre-owned silver coins are cheaper to purchase because the production costs of the coins no longer play a role in the purchase of pre-owned silver coins. Despite the fact that pre-owned silver coins are more advantageous to purchase, they have a value that is exactly the same as newly minted silver coins of the same type. This is because the purity and weight are exactly the same, so the intrinsic value is as well.
Where do pre-owned silver coins come from?
Pre-owned coins are purchased from private individuals by our sister company, Inkoop Edelmetaal. In the vast majority of cases, you buy pre-owned silver coins from The Silver Mountain that were previously purchased from us and that people sold back to us at a later time. As a buyer with us, you can also take advantage of the repurchase guarantee whenever you want.
Is it wise to invest in pre-owned silver coins?
If you want to diversify your portfolio with silver at an attractive price, pre-owned silver coins are definitely a good choice. Because no production costs are charged again, you can buy the pre-owned coins cheaper than the new coins, while the value is exactly the same.
