Buying Silver Coins: All You Need to Know

March 04, 2013 at 16:07 PM EST

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Investors have been buying silver coins at a lightning-fast pace this year. The U.S. Mint even sold out of 2013-dated American Silver Eagles in early January.

January Silver Eagle sales hit a record 7,498,000. After suspending sales Jan. 17, the U.S. Mint has allowed investors to resume buying silver coins, but with limits on how many coins dealers can order.

The good news: You can still cash in on buying silver coins. But before you buy, you need to know the best deals out there - and the ones to avoid.

That's why Money Morning Executive Editor William Patalon III explained everything you need to know about buying silver coins in this accompanying video.

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