Home› Precious Metals

Not mine but pick up a 100oz Silver for $1600...

PeacemanPeaceman Posts: 5,098
in Precious Metals
Use your paypal coupon and you're down to $1500!!!

Again, not my auction, bid at your own risk

Comments

  • CladiatorCladiator Posts: 18,050 ✭✭✭✭✭
    What Paypal coupon?
  • Coll3ctorColl3ctor Posts: 3,339 ✭✭✭
    For a 100 ounce bar it seems overpriced to me image
  • OPAOPA Posts: 17,124 ✭✭✭✭✭
    Sold ... and it only took 1 hour ... the bar was under priced ....
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • Coll3ctorColl3ctor Posts: 3,339 ✭✭✭


    << <i>the bar was under priced .... >>




    Because it's an older stlye bar ? Apmex has them new for $1.29 over spot.
  • CladiatorCladiator Posts: 18,050 ✭✭✭✭✭


    << <i>

    << <i>the bar was under priced .... >>




    Because it's an older stlye bar ? Apmex has them new for $1.29 over spot. >>

    The struck JM100's generally sell for more than the poured JM100's. I believe what Apmex has right now are the poured.
  • gecko109gecko109 Posts: 8,231 ✭
    The bar sold for $16.29/oz delivered. With a current spot of $14.09, thats not a very good deal for whoever got it.
  • PerryHallPerryHall Posts: 46,231 ✭✭✭✭✭


    << <i>The struck JM100's generally sell for more than the poured JM100's. I believe what Apmex has right now are the poured. >>



    Why would there be a difference in price? They both have the same amount of silver, right?

    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

  • gecko109gecko109 Posts: 8,231 ✭


    << <i>

    << <i>The struck JM100's generally sell for more than the poured JM100's. I believe what Apmex has right now are the poured. >>



    Why would there be a difference in price? They both have the same amount of silver, right? >>





    Eh, there IS a certain amount of collectability built in to even the most mundane of bullion items. Its a complex system with no current printed priceguides. Usually it affects the smaller sizes the hardest, but its not immune to playing with the big boys once in awhile as well. In this case, I cannot see the difference between a JM struck 100 or a JM poured 100 as both are about equally available.
  • PeacemanPeaceman Posts: 5,098
    lol... some of you never have tried to buy a 100ozer huh... Do an ebay seach for completed items and look at all of the 100oz Engelhards selling for $1600 - $ 1670. When silver was $ 10.50, 100 ozers were selling for $ 1375.

    The paypal coupon is an 8% coupon they send you via email (if you spend enough on ebay I guess) I just bought a 100ozer today and used my coupon... $ 1532 delivered. I'm VERY happy with that price...
  • OPAOPA Posts: 17,124 ✭✭✭✭✭
    It's only worth as much as some one is willing to pay and not what some one thinks it's worth. ( Con Fusion )image
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • clouisejewelersclouisejewelers Posts: 329 ✭✭


    << <i>The bar sold for $16.29/oz delivered. With a current spot of $14.09, thats not a very good deal for whoever got it. >>



    Hilarious coming from a guy who is selling his own homemade bars for way over spot.
  • gecko109gecko109 Posts: 8,231 ✭


    << <i>

    << <i>The bar sold for $16.29/oz delivered. With a current spot of $14.09, thats not a very good deal for whoever got it. >>



    Hilarious coming from a guy who is selling his own homemade bars for way over spot. >>




    A 100 oz JM silver bar is an investment, NOT a collectible. Therefore, paying more than $2.00 above spot is not a good deal in today's climate. Silver can be had, as INVESTMENT bars, at a much better price. What im selling are COLLECTIBLES. Its important to note the difference, obviously you dont understand that. People will line up around the block to buy AG graded 1916-D Mercs for $400 each even though its simply a $1.00 slug of silver metal. Much in the same fashion, people pay a premium for my custom made bars because they are a collectible, NOT an investment vehicle.
  • carscars Posts: 1,904


    << <i>lol... some of you never have tried to buy a 100ozer huh... Do an ebay seach for completed items and look at all of the 100oz Engelhards selling for $1600 - $ 1670. When silver was $ 10.50, 100 ozers were selling for $ 1375.

    The paypal coupon is an 8% coupon they send you via email (if you spend enough on ebay I guess) I just bought a 100ozer today and used my coupon... $ 1532 delivered. I'm VERY happy with that price... >>



    Well that can't be it b/c I spent over $10K on eBay in the last 30 days and I didn't receive a coupon.
    Its all relative
  • DarinDarin Posts: 7,202 ✭✭✭✭✭
    I got an 8% ebay coupon but I spent it on a baseball card. image

    As for silver, I guess eagles are still my favorite form as I bought 100 silver eagles from APMEX yesterday. I don't like 100 oz. bars because their too bulky at selling time. However, I did great with the ones I sold last year. Bought at $750 several years ago, sold at $1625.

  • OPAOPA Posts: 17,124 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>The bar sold for $16.29/oz delivered. With a current spot of $14.09, thats not a very good deal for whoever got it. >>



    Hilarious coming from a guy who is selling his own homemade bars for way over spot. >>




    A 100 oz JM silver bar is an investment, NOT a collectible. Therefore, paying more than $2.00 above spot is not a good deal in today's climate. Silver can be had, as INVESTMENT bars, at a much better price. What im selling are COLLECTIBLES. Its important to note the difference, obviously you dont understand that. People will line up around the block to buy AG graded 1916-D Mercs for $400 each even though its simply a $1.00 slug of silver metal. Much in the same fashion, people pay a premium for my custom made bars because they are a collectible, NOT an investment vehicle. >>



    Ooops ...
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
Sign In or Register to comment.