Is anyone aware of any drawbacks when selling silver

cartermurph

In the form of kilo bars and coin. Would like anyones input would the metric weight be a disadvantage. Specifically Perth mint kilo bars. Thanks

SilverEagles92

No disadvantage.

It's 32 troy ounces, isn't it? Even thought the weight says Kilo, everyone thinks in troy ounces.

rgCoinGuy

I can think of one. You no longer own it.

cars

I can think of one, I'll bug you to tell me what you have for sale.

ebaytrader

<< <i>Is anyone aware of any drawbacks when selling silver >>



Yes. Always buy & sell in volume if you want market prices. Buying & selling in small weights will nearly always result in you losing a premium.

gecko109

One serious consideration to make, especially when buying silver is that the larger piece you buy, the more likely its been tampered with (drilled and filled). Its very difficult, and time consuming to drill a 1 or 5 oz bar, but when you start approaching the kilo size on up, it becomes advantageous to partake in such criminal acts. Just keep this in mind.

PerryHall

<< <i>One serious consideration to make, especially when buying silver is that the larger piece you buy, the more likely its been tampered with (drilled and filled). Its very difficult, and time consuming to drill a 1 or 5 oz bar, but when you start approaching the kilo size on up, it becomes advantageous to partake in such criminal acts. Just keep this in mind. >>



I've always wondered how big a problem drilling and filling was on 100 oz and larger silver bars. Seems like a lot of work to steal some silver and I would think that it would be fairly easy to detect.