UT OH!!!! Someone didnt read carefully!
gecko109
Posts: 8,231 ✭
0
gecko109
Posts: 8,231 ✭
gecko109
Posts: 8,231 ✭
Comments
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
both high bidders show a bidding history towards pipes and jewelry.
<< <i>Someone is about to make a BIG mistake on this one! They normally sell for around 20 bucks.
WOW! >>
At $20 I think it's overpriced. Yikes
it up so far.
Click on this link to see my ebay listings.
<< <i>Those normaly carry a premium though don't they? Not $100 premium of course... but I thought I've seen them sell for around 40 or 50 before. >>
$40-$50 is very extreme.....they are usually right in the $20 range.
For about a third of an ounce what a great buy!!!
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<< <i>Those normaly carry a premium though don't they? Not $100 premium of course... but I thought I've seen them sell for around 40 or 50 before. >>
$40-$50 is very extreme.....they are usually right in the $20 range. >>
What's an ounce of silver, $11.50? What does that make 10gms worth?
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<< <i>Those normaly carry a premium though don't they? Not $100 premium of course... but I thought I've seen them sell for around 40 or 50 before. >>
$40-$50 is very extreme.....they are usually right in the $20 range. >>
What's an ounce of silver, $11.50? What does that make 10gms worth? >>
By that logic, a 1916-D mercury dime should be worth around a buck or so then? The value lies in the collectability of the piece, and not the intrinsic worth.
-Paul
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By that logic, a 1916-D mercury dime should be worth around a buck or so then? The value lies in the collectability of the piece, and not the intrinsic worth. >>
Check your logic. The bar isn't a 1916 D Mercury Dime. What makes a bar of silver a collectable? There in lies the rub.
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By that logic, a 1916-D mercury dime should be worth around a buck or so then? The value lies in the collectability of the piece, and not the intrinsic worth. >>
Check your logic. The bar isn't a 1916 D Mercury Dime. What makes a bar of silver a collectable? There in lies the rub. >>
For the precise same reason that a 1916-D merc is collectable, people want them. You and I dont collect beanie babies, but just cuz we see them as a sack of pellets didnt stop them from selling for crazy prices. I dont give a crap about Spiderman #1, but enough people do to warrant a HIGH premium for it. Same thing goes for that merc dime, and yes, even a Credit Suisse 10 gram silver bar. You need to realize that different people chase after different objects for different reasons. That Credit Suisse bar is well over 20 years old, and the fact that they routinely sell at a $20 level is enough proof that demand exceeds supply.....considerably!
EDITED TO ADD: Im in no way, shape, or form defending the hammer price. The simple fact is that multiple people obviously thought it was a 10 oz bar, and thats why the high price.
i would think that one could then add the "collector's item" to glossary of descriptive terms
"limited edition", MADE IN USA,
gecko, make some "bigger" stuff....
<< <i>some bars are collector's items (old Mint bars ie) this is not of any collector value , correct?
>>
That's my point. This particular bar isn't a collector's item.
<< <i>That Credit Suisse bar is well over 20 years old, and the fact that they routinely sell at a $20 level is enough proof that demand exceeds supply.....considerably!
EDITED TO ADD: Im in no way, shape, or form defending the hammer price. The simple fact is that multiple people obviously thought it was a 10 oz bar, and thats why the high price. >>
Phil,
I understand the notion of collecting interesting silver bars, but that's friggin' as generic as they come. If I buy gold bullion futures and take delivery, the bars don't become more valuable just because they are "bars" of bullion. So the notion of a silver bar--this one anyways--of being a collectable is questionable.
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<< <i>That Credit Suisse bar is well over 20 years old, and the fact that they routinely sell at a $20 level is enough proof that demand exceeds supply.....considerably!
EDITED TO ADD: Im in no way, shape, or form defending the hammer price. The simple fact is that multiple people obviously thought it was a 10 oz bar, and thats why the high price. >>
Phil,
I understand the notion of collecting interesting silver bars, but that's friggin' as generic as they come. If I buy gold bullion futures and take delivery, the bars don't become more valuable just because they are "bars" of bullion. So the notion of a silver bar--this one anyways--of being a collectable is questionable. >>
Well it seems we certainly have to disagree. If that bar is as "generic" as you claim, I'd like to put forth a challange. Your mission is to aquire just 5 of them within the next 30 days at any price. During the course of this mission, you will very quickly realize just how "un-generic" these bars really are! Once you gather the 5 bars, I will then offer to pay you 4x melt for all five bars. Should end up being a tidy profit for your troubles, huh?
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Well it seems we certainly have to disagree. If that bar is as "generic" as you claim, I'd like to put forth a challange. Your mission is to aquire just 5 of them within the next 30 days at any price. During the course of this mission, you will very quickly realize just how "un-generic" these bars really are! Once you gather the 5 bars, I will then offer to pay you 4x melt for all five bars. Should end up being a tidy profit for your troubles, huh?
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Check this out Phil. I guess I'm not enthralled by silver bars. So I'll pass on the endeavor to collect them and resell 'em to you.
Edited to add, I received my $10 Gold Jackson and Van Buren first spouse coins today. Have you seen them? Great seated Liberty and a terrific Capped Bust Liberty on the Jackson. I'll try to post photos as soon as I get my camera working properly.
Where are these rubes when I'm selling?
10 gram credit suisse
<< <i>Not to shabby on this auction end price either.
10 gram credit suisse >>
Crazy price, but at least this time, it was "legit". Percy....sell me all you have for "just" 4x melt!!!
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<< <i>Not to shabby on this auction end price either.
10 gram credit suisse >>
Crazy price, but at least this time, it was "legit". Percy....sell me all you have for "just" 4x melt!!!
That sale equates to about $200 an ounce. I still don't see the attraction.
<< <i>Wonder what I could get for my set of 5,10,20,100 gram credit suisse bars. If I could get $200/oz I would certainly sell. >>
If the sale of that 10g bar is any indication, you should be able to get roughly $200 per ounce.
<< <i>apmex has some 5 gr for 15 bucks.. >>
don't forget the 10 dollars shipping! ouch.
I bought two 5 gram Engelhards for under $7 for both!
My YouTube Channel
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<< <i>apmex has some 5 gr for 15 bucks.. >>
don't forget the 10 dollars shipping! ouch. >>
I went ahead and grabbed that when I placed my order although I already have a pile of them.
My YouTube Channel