In this article he talks a bit about one way to buy silver below spot price, but if you read the comments they also bring up some fine points. How to Buy Silver Below Its Spot Price - Investment U How do you buy silver and what kind of rates are you paying for it? I buy mine locally with cash, but I do buy some on ebay as well. I can never buy it locally for as cheap as I can on ebay, but it is nice to have untraceale transactions that may or may not be worth it. The one thing to take into consideration with buying online is shipping prices, as that does add to the over all costs.