First People’s Jewelers has been a precious metals exchange since 1974. Bullion coins are struck from precious metal such as gold, platinum, or silver. They are then kept as an investment instead of being used in daily commerce. The value of bullion coins is determined mostly by their precious metals content rather than by rarity and condition. They are measured by weight and typically cast as bars. Well-known examples are the British Sovereign, Canadian Maple Leaf, and the American Golden Eagle. Because they are classified as legal tender they enjoy a favorable tax treatment in many jurisdictions. Silver bullion coins and bars are popular because they have low premiums over their “melt” value. All silver bullion coins and bars fluctuate directly with the price of silver and are immediately liquid and easy to buy or sell. The simple aim of buying bullion is to buy when prices are low and sell when prices are high. However life and the markets are never simple or easy to predict.