Fantasy purchase: You have $5k to spend on silver

Weiss

You walk into your B&M with $5,000 in cash and you have to buy silver with it. Luckily, he has everything you could ask for. Premiums are relatively low and pretty much the same across the board.

Now you can't have $5,000 worth of really rare stuff. That's cheating. It has to be a legit bullion product, though it can be more obscure, unusual, or even somewhat rare bullion.

So you can't have $5,000 worth of 1893-S Morgan dollars or 1916-D dimes. But you can have $5,000 worth of AU mixed date Morgan dollars, or $5,000 worth of average circulated mercury dimes.

Would you go for as many rolls of silver eagles as you could? Philharmonics or Maples?

Or would you take a big sack of 90%? Or anything else you can think of, so long as it doesn't command a really high premium.

Personally, I'd take as many original Engelhard poured 10 ounce bars as I could. What would you buy, and why?

taxmad

All things being equal? Two tubes of those generic rounds that are scored in quarters and the rest in ASE. This assumes I cannot immediately flip the rare stuff for cash to convert into more silver...

PerryHall

Are 10 oz Engelhard bars really bullion when they are priced well above melt value?

Weiss

@PerryHall said:
Are 10 oz Engelhard bars really bullion when they are priced well above melt value?

I'll buy them from you below melt if you like!
Like @taxmad said above, you have to keep them. Not a fast flip or anything. These are for your stack.

1630Boston

ASE's for me I guess although at today's prices that would be less than 7 tubes...........................could I just keep the 5k?

derryb

all things being equal? On both the buy and the resell end? doesn't matter what you buy, silver is silver.

Choice is important when premiums vary.

MsMorrisine

I'll take 10 oz;ers of name brand.

DrBuster

I like the Aussie stuff.

Half in their 10oz bars, the rest in the 1 oz kangaroo bars. I have both and like them.

mbogoman

Any mining related poured silver bars - Homestake, for example, or any of the more obscure, less well-known mining bars.

jmski52

I'd probably opt for a partial bag of franklin halves or 1964 Kennedy halves.

Downtown1974

I’ll take the big sack of 90%

Kliao

I love the Perth mint’s products and I would take a mixture of kooks and koalas in various sizes.

pragmaticgoat

@jmski52 said:
I'd probably opt for a partial bag of franklin halves or 1964 Kennedy halves.

Same here

JTHawaii

I'd take a mix of 90% Dollars, 90% halves, and 10 oz. bars. This was possible at the beginning of this year, how times have changed.

Baley

Probably a nice draped bust half dime

rte592

I'll take that tarnished atocha bar thrown in the corner of the clearance case.
That falls in the legit bullion category.

Mission16Redux

90%

Justacommeman

Silver Handcuffs. It’s my fantasy

m

LukeMarshall

I’m would buy a JM 5 kilo bar to match my Engelhard. With premium it’s still doable with the 5 grand. Wish me luck!

dontippet

90% and I really don't care which denominations, but I'd probably prefer halves, dimes, then quarters. Dollars would be fine, but the premium is more than I'd prefer.

bestmr

I’d go with a mix of my favorites, Kookaburras and libertads. With the kooks, I’d go with 10oz coins and with the libertads, I’d go with a couple 2oz rolls and either a kilo or some 5oz coins depending what I had left over.

asheland

Bars, preferably poured, 10oz and up...

Jimnight

Kennedy half dollars ... 90%

johnny9434

ASE's silver bar and coin. Some sort of deal on that

MilesWaits

Come on now, we all have at least $5000 stuffed in our underwear drawers.
It’s going to be a greater number to get us out of our skivvies comfort zone.
$10,000, your stash and mine, it would be whatever my dealer has. Or I can wrangle on the BST. No bars, rolls only.
One esoteric item, for good luck.

mapleman

Walkers

OPA

@MsMorrisine said:
I'll take 10 oz;ers of name brand.

Same here...preferably RCM 10 ozers

USASoccer

A shyte ton of sterling scrap; people always are making jewelry.

alexerca

@mapleman said:
Walkers

I am with you, walkers!

Longarm

I'd buy as many rolls of 5 oz coins as possible.

metalmeister

10 oz. bars or 90% halfs.

ricko

I would take the ASE's.... They stack nice and liquidity is not an issue.... Cheers, RickO

Baley

@Baley said:
Probably a nice draped bust half dime

Raw, in a flip, in the little corner pocket in my Levi's.

BLUEJAYWAY

All Merc. dimes. Hoping for a 1919-P doubled die or a 42/41 P or D that may have slipped through the cracks. Would buy off private sellers, more likely they would not have been searched.