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Silver coins or Bars/rounds?

Which is a better way to hold silver and which is easier to sell?
There are pros and cons for each. What is your opinion?

Comments


  • I prefer 90% silver US coins that grade VG or better. No real logic there, that's just what I like.

    At the current prices I'd love to find some decent, pre-'64 silver coins at 9X face but it's not going to happen this weekend!

    image
  • storm888storm888 Posts: 11,701 ✭✭✭
    I like:

    ASE Rolls

    10 oz. bars

    1 oz. bars

    100 oz. bars

    90%

    ............

    "Generic Silver-Rounds" are my least favorite. They can be
    difficult to move in some markets.
    Folks Who Bite Get Bitten. Folks Who Don't Bite Get Eaten.
  • The bigger the better IMO, all the 90% is great to have but it takes A LOT of room to hold it.


    But the bars also are harder to get rid of, the 100 oz'er anyway.............10's and less arent very hard.
    Peace and Prosper.............
  • ebaytraderebaytrader Posts: 3,312 ✭✭✭
    90% is the smartest way to own silver.

    1. The fineness is unquestionable.
    2. Buy or sell in very small / medium / or large lots.
    3. Readily available with a strong and broad based market. See if you can find bars.& rounds right now.
    4. Lowest buy / sell spreads among various forms
    5. In the worst of times - IT'S STILL MONEY! YOU CAN SPEND IT.
  • fcfc Posts: 12,793 ✭✭✭


    << <i>I like:

    ASE Rolls

    10 oz. bars

    1 oz. bars

    100 oz. bars

    90%

    ............

    "Generic Silver-Rounds" are my least favorite. They can be
    difficult to move in some markets. >>



    agree. engelhard bars and JM bars are the easiest to sell and most
    trusted. bars all the way. ASEs i have found have too much of a premium :-|
  • konsolekonsole Posts: 795 ✭✭✭
    This is what I bought:

    50% 1 oz. rounds
    50% 10 oz. bars
    1 50 oz. bar

    I considered what would be best when it comes time to sell and figured that 1 oz. rounds are small enough to sell small amounts of silver and I figured the rounds may have a slight premium over the bars. I bought the 10 oz. bars because I think they are the perfect amount of "significant" silver fitting just right in your hand and there good for selling moderate - large amounts of silver. Then I just bought 1 50 oz. bar because its the perfect "hey look what I got" piece to show off to friends while not worrying too much about the possibility of it being filled with a cheaper metal.
  • 57loaded57loaded Posts: 4,967 ✭✭✭
    as far as selling you would want only Engelhard or JM bars and "prospector" rounds, or ASE or 90% silver

    as far as actually using these for trade/barter in conjunction or in place of fiat money, then 90% silver preferably 1964 kennedy and roosie dimes and washington quarters, then ASE then rounds, then 10oz bars for filling up the RV.

  • ChrisRxChrisRx Posts: 5,619 ✭✭✭✭
    What about a 1000oz bar?
    image

  • "What about a 1000oz bar? "

    I don't hear much about the 1000oz bars. Do have a good link to one for sale? That would be one huge chunk of silver!
  • Here's a 100oz. bar on the bay...1 bid 1500.00 with about 5 minutes left.

    link


    edited to add I do not know this person.
  • fcfc Posts: 12,793 ✭✭✭


    << <i>"What about a 1000oz bar? "

    I don't hear much about the 1000oz bars. Do have a good link to one for sale? That would be one huge chunk of silver! >>



    just go to an online silver seller such as ampex. they will get you a
    1000 oz bar.
  • so generic silver rounds arent good for holding physical silver
  • fcfc Posts: 12,793 ✭✭✭


    << <i>so generic silver rounds arent good for holding physical silver >>



    it is not that it is "not good", it is not the most trusted thus it falls
    to the bottom of the ladder when it comes to what people want
    when purchasing.

    i can tell you right now i would rather have 100 oz of engelhard
    silver, a trusted name everywhere, then the "morgan mint" 100-
    1 Oz rounds.

    it is that type of thinking. the engelhard will fetch a 50 cents more
    per ounce premium when selling. just look at ebay for example.
    unknown sells very close to spot. engelhard gets a premium.

    which would you rather have? ;-)
  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    If you can pick up the sovereign silver (ASE, Maple Leafs, Libertads, etc ) for small premiums to melt, they tend to hold their value better in the down turns. But I won't pay the premium that large sellers are asking for them now. If you don't have a lot of silver, the 90% route is not bad since you have fine units of silver that is of unquestioned quality. Where else can you get a Roosy dime "bar" and use it to buy something?

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
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