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You have coins and rounds (and bars). Coins are government minted and more collectable so they have a higher premium. Rounds can be looked at as generic and the premiums are usually cheaper. For the most part they are all still either .999 or .9999 so the actual quality of the metal remains the same. American Eagles are like .992 or someshit though. Some coins can eventually become highly collectable and their value will far exceed the spot price. For example, i bought these bad boys in 2020 for somewhere in the $100's: https://www.apmex.com/product/197510/2020-5-oz-silver-atb-national-park-of-american-samoa-as

Ive read a couple stories on 4chan that people can sometimes have a hard time reselling their silver rounds to pawn shops, but they have no problem selling Eagles (US gov minted coins). Gold on the other hand is much easier to sell, they say.

As far as not getting ripped off, I buy from trusted websites like apmex.com, bgasc, or jmbullion

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Thanks, I took a quick look at some silver, would you suggest that if care less about what is actually on the coin, just try to find Government ones as close to spot as possible? So they still would retain more value than rounds if I needed to sell them at any point? Or is this similar to sports cards, and I am just buying commons to save a few bucks now, but they really wont be worth much unless spot moves up a ton and even then it's not the best way to approach it because I am at the mercy of the spot price?

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As far as selling and making wise investment decisions, i suggest you take my advice with a grain of salt. I just buy whatever i think looks cool and is a good deal at the time and just keep it for my collection with no intentions of selling. from what ive seen though, rounds are definitely at the mercy of the spot price where as coins can hold their premium pretty well and in many cases seem to increase over the years. So unless you expect the spot price to dramatically increase by the time you sell maybe its best to avoid rounds. I have no idea why certain years are so much more valuable than others though. for example

this 1997 coin is over $100 https://www.apmex.com/product/11061/1997-canada-1-oz-silver-maple-leaf-bu

and this 1993 is much cheaper: https://www.apmex.com/product/11056/1993-canada-1-oz-silver-maple-leaf-bu

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