From Ben Morris, Editor, DailyWealth Trader:

If you buy U.S.-minted gold coins today, you’ll probably pay close to 4% over “spot” (the current price of the metal).

If you buy U.S.-minted silver coins today, you’ll likely pay at least 14% over spot.

For gold, 4% is normal. For silver, 14% is a lot.

Why are folks willing to pay such a large premium for silver?

The big reason is that U.S.-minted coins are widely recognized. If the time comes when you want to sell your precious metals, it’s useful to have a coin that people know and trust the quality of.

That’s why silver coins from Canada and Austria – also countries with known and trusted mints – sell for an 11%-plus premium. But silver “rounds” – which look like coins, but are minted by private parties, rather than governments – sell for closer to a 4% premium.

The silver…