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Anyone looking for cheap bulk bullion silver?

CladiatorCladiator Posts: 18,058 ✭✭✭✭✭
This seems to be a good deal if your looking for 100 ounces of silver bullion. Breaks down to $12.95 per ounce before shipping or $13.15 per ounce with the shipping factored in. I stumbled across this auction and am not in the market. Thought I'd pass it along.

100 ounces of Canadian Silver Maple Leaf Bullion





ps. I am in no way conected to the seller or anyone related to the auction.

Comments

  • CladiatorCladiator Posts: 18,058 ✭✭✭✭✭
    Still available? Whats up? I thought all you guys were bullish on silver? Hm.
  • RedTigerRedTiger Posts: 5,608


    << <i>This seems to be a good deal if your looking for 100 ounces of silver bullion. Breaks down to $12.95 per ounce before shipping or $13.15 per ounce with the shipping factored in. I stumbled across this auction and am not in the market. Thought I'd pass it along.

    100 ounces of Canadian Silver Maple Leaf Bullion

    ps. I am in no way conected to the seller or anyone related to the auction. >>

    image


    Doesn't seem like such a great deal. Tulving has American 2006 Eagles for $12.70 delivered, though the minimum is 500 ounces (~$6400) and payment must be a bank wire.
  • ScarsdaleCoinScarsdaleCoin Posts: 5,234 ✭✭✭✭✭
    bulk silver a good deal would be around melt....best bet is to get it local at a coin show without adding a shipping charge...
    Jon Lerner - Scarsdale Coin - www.CoinHelp.com
  • CladiatorCladiator Posts: 18,058 ✭✭✭✭✭
    Oh well lol

    Shows you what I know about bullion. There's a reason I don't mess with it.
  • This time next week we might be saying this is...err was...a good deal.



    Jerry
  • Cam40Cam40 Posts: 8,146
    image
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  • CladiatorCladiator Posts: 18,058 ✭✭✭✭✭
    Somebody thought it was a good deal. While apparently it wasn't a great deal, I really don't think it was a "bad" deal either. An average deal I guess you could say.
  • - -

    Ask me no questions, I'll tell you no lies.
  • Rob9874Rob9874 Posts: 318 ✭✭✭✭
    So there's no chance for buying at $11? My brother and I have been having fun buying junk silver at antique stores that haven't kept up with silver's recent rise. We bought silver dimes for 50¢ and halves for $3.25. Searching for more on Saturday. Small time stuff, but it's fun.
  • DeadhorseDeadhorse Posts: 3,720
    Neither Maple Leafs nor Silver American Eagles are a good buy from a bullion standpoint.

    I generally buy 100 ounce bars at 15 to 20 cents over spot locally and sometimes I get deals from from my main dealer at spot or even a fraction under if he's overstocked. We have a long relationship and he knows he can always call me and get rid of any unexpected excess in a flash.

    Now I'll buy the Maples or the SAEs at 20 cents over spot all day long and sometimes that opportunity comes along. In fact the only MS Silver Eagles or Maple Leafs that I own I have purchased at just such prices.
    "Lenin is certainly right. There is no subtler or more severe means of overturning the existing basis of society(destroy capitalism) than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and it does it in a manner which not one man in a million is able to diagnose."
    John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff

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