Any premium on this 100 oz bar?

USMarine6USMarine6 Posts: 1,527 ✭✭✭✭

Came across this 100 oz bar at one of my local shops and wasent sure if it had any kind of premium.

Comments

  • cmanbbcmanbb Posts: 927 ✭✭✭✭

    Most 100oz bars regardless of rarity don't fetch much over spot. The seller can ask, but rarely get it.

  • VanHalenVanHalen Posts: 3,099 ✭✭✭✭

    Large JM bars are a good way to own physical silver. Premiums on 100oz bars (even JM bars) are low. APMEX currently offers this type of bar at $1.29 over. That is full retail so don't expect to get more than melt if selling.
    apmex.com/100-oz-silver-bar-johnson-matthey

  • Jinx86Jinx86 Posts: 3,032 ✭✭✭✭✭

    I think those went out of production 2-3 years ago, so not a vintage item. Asahi now owns what was JM, so new product that comes from that mint has Asahi logo to it. Same quality product different name.

  • Timbuk3Timbuk3 Posts: 9,442 ✭✭✭✭✭

    Very nice, I like it !!! :)

    Timbuk3
  • blitzdudeblitzdude Posts: 1,392 ✭✭✭✭✭

    Most of the big dogs run specials so if your patient you will see specials .29-.49 cents per oz over spot.

    Expect to be offered 95-98% of melt when you go to sell, once you find a dealer not trying to rob you blind anyway.

    Semper Fi!

  • Jinx86Jinx86 Posts: 3,032 ✭✭✭✭✭

    My bid right now is spot -10 cents. Just need to find an honest retailer near you so you don't have to ship.

  • Downtown1974Downtown1974 Posts: 4,159 ✭✭✭✭✭

    Even though there is no premium on that specific bar, those poured JMs are my favorite 100 oz. bar.

  • USMarine6USMarine6 Posts: 1,527 ✭✭✭✭

    Thanks for the info gents

  • rickoricko Posts: 63,672 ✭✭✭✭✭

    I have never purchased a 100 oz. bar.... just consider that it would be difficult to sell at best, and if liquidity was urgent, likely a loss would occur. Cheers, RickO

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