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My coworker texted me some photos of him holding his new kilo silver coin…

airplanenutairplanenut Posts: 21,845 ✭✭✭✭✭

It was in his hand so I could get an idea of just how big it is. I didn’t want his ego to get the best of him, so I quickly put together a reply…

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Comments

  • PerryHallPerryHall Posts: 45,170 ✭✭✭✭✭

    Those aren't coins. Those are silver bullion bars.

    Worry is the interest you pay on a debt you may not owe.

  • johnny9434johnny9434 Posts: 27,286 ✭✭✭✭✭

    Whatever he wants to call it, I like

  • airplanenutairplanenut Posts: 21,845 ✭✭✭✭✭

    @PerryHall said:
    Those aren't coins. Those are silver bullion bars.

    He was showing me a handful of silver. I showed him an armful.

    JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research
  • TwoSides2aCoinTwoSides2aCoin Posts: 43,743 ✭✭✭✭✭

    A 35 ounce coin ? He must have some good suspenders to hold his pants up.

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    That is an arm full of silver for sure. I have a one pound silver ASE.... had it for a long time now. That is the only big silver I have. The rest are coin or item (skull, bullet etc) or rounds. Cheers, RickO

  • LukeMarshallLukeMarshall Posts: 1,881 ✭✭✭✭✭

    Reminds me of this picture of a 5 kilo bar…

    It's all about what the people want...

  • airplanenutairplanenut Posts: 21,845 ✭✭✭✭✭

    @LukeMarshall said:
    Reminds me of this picture of a 5 kilo bar…

    I'm still kicking myself for not buying a 100oz bar when I thought the premium was a bit too much and the bar I wanted was $1700. That was a bad decision.

    JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research
  • LukeMarshallLukeMarshall Posts: 1,881 ✭✭✭✭✭

    @airplanenut

    When spot dipped to $12 a couple years back, I had my eye on a couple old “grease bars” that were issued for redeemed Silver certificates. Each was about 100oz and a buck or two over spot. I hesitated and they were gone that same day.

    At the same time, One dealer had a pretty 100oz poured Academy but he wouldn’t take less than $2000 which is like 80% premium… I passed on that one as well.

    I seem to prefer to pay at least $30 per Oz for my silver… :|

    It's all about what the people want...

  • airplanenutairplanenut Posts: 21,845 ✭✭✭✭✭

    @LukeMarshall said:
    @airplanenut

    When spot dipped to $12 a couple years back, I had my eye on a couple old “grease bars” that were issued for redeemed Silver certificates. Each was about 100oz and a buck or two over spot. I hesitated and they were gone that same day.

    At the same time, One dealer had a pretty 100oz poured Academy but he wouldn’t take less than $2000 which is like 80% premium… I passed on that one as well.

    I seem to prefer to pay at least $30 per Oz for my silver… :|

    I have 10oz-kilo bars that were bought at good prices, but the overall cost of the 100oz made me hesitate... and then silver spiked. Oh, well.

    JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research
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