How did your 1000oz Silver or 10+ oz Gold bars get delivered?
Proofmorgan
Posts: 758 ✭✭✭✭✭
I'm contemplating getting one or the other and was curious as to how these are delivered? Registered mail? Armored Truck?
Collector of Original Early Gold with beginnings in Proof Morgan collecting.
1
Comments
Usps priority and 1st class on 10 oz usually. Never ordered a 1000 oz.
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Agreed, never purchase a 1000 oz silver bar through the mail. It's too risky !!!
Shipped a 100 ounce bar one time and it was hard to package. Too big for a small flat rate box, too small for a medium flat rate box. Ended up sending in a medium with a ton of excess packaging.
I’m just thinking if APMEX shipped you a 1000oz silver how it would come?
Also, a 10 or more ounce gold bar seems risky to send any other way than registered.
I’ve heard of armored truck deliveries but don’t know anyone who’s got one and at what level that method is considered.
my last 1000 oz gold bar came loose in an envelope. There was a little tear and some helpful postal employee put a piece of tape on it
I keep thinking of Mark, @Justacommeman and all the PMs he lost. I would be extra extra careful shipping that much weight.
And BTW, any update Mark?
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If I were to own something like that... it would have been purchased direct from dealer and or picked up directly from apmex in okc.
Registered mail or a private transport service like Brinks. Depends on where you purchase from and what their insurance requires. I would personally never want to own a "good delivery bar"...
I would not even contemplate a 1000 oz. silver bar... smaller increments make more sense. One must always consider liquidity... Cheers, RickO
I know this doesn’t answer your question, but I only buy silver at Kilo weight or less. Much easier to sell when the time comes.
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I would guess UPS or Fedex for the 1000oz
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Just chop into ten pieces and problem solved.....or 100 if need be.
bob
The last thing I would want is for anyone to see an armored truck making a delivery to my home. I would hope UPS or FedEx.
MY GOLD TYPE SET https://pcgs.com/setregistry/type-sets/complete-type-sets/gold-type-set-12-piece-circulation-strikes-1839-1933/publishedset/321940
If it fits it ships. Guy tests the limits with lead
https://youtu.be/9034oblVtzc
One of my customers ordered a monster box of gold eagles and I believe they were delivered via courier service.