My 5 oz silver bar "mini hoard"

gecko109 · April 27, 2009 2:21AM

Just got my latest shipment in from APMEX. Heres what the current "hoard" looks like:

Do you guys prefer the NWT or the Silvertowne bars in this size?

This is 465 ounces of pure silver (93 bars total)

A neat little "wall" of silver bricks (all Silvertowne bars)

So which design do you guys prefer?

Cladiator · April 27, 2009 2:25AM

Cool hoard man. I too like the 5oz size very much although the only ones I have are Johnson Matthey. I'm not too big a fan of either the NWT or ST design but if I had to pick one of them I'd pick the NWT. The cartoon on the ST bars turns me off for some reason.

gecko109 · April 27, 2009 2:28AM

<< Cool hoard man. I too like the 5oz size very much although the only ones I have are Johnson Matthey. I'm not too big a fan of either the NWT or ST design but if I had to pick one of them I'd pick the NWT. The cartoon on the ST bars turns me off for some reason. >>

JM and Engelhard struck fivers are the bomb, no doubt! But im not much into paying spot + $2.50-$3.00 on 5 oz bars. I aquired all the bars you see here at spot + $1.25, and spot + .99. Its a more economical way to stockpile the stuff.

1jester · April 27, 2009 2:29AM

That's rather intimidating!

Cladiator · April 27, 2009 2:34AM

<< 

<< Cool hoard man. I too like the 5oz size very much although the only ones I have are Johnson Matthey. I'm not too big a fan of either the NWT or ST design but if I had to pick one of them I'd pick the NWT. The cartoon on the ST bars turns me off for some reason. >>

JM and Engelhard struck fivers are the bomb, no doubt! But im not much into paying spot + $2.50-$3.00 on 5 oz bars. I aquired all the bars you see here at spot + $1.25, and spot + .99. Its a more economical way to stockpile the stuff. >>

Can't argue with that.

Weiss · April 27, 2009 3:43AM

Niiiiiiiice!

I like the design on the NWT bars better, but the pseudo-premium name of the silver towne better.

Interesting how so many collectors seem drawn to the 5 ounce weight.

SilverBaron · April 27, 2009 3:45AM

Great spread of 5'ers!! .......

I noticed by Apmex's pixs ..... and now confirmed by your pixs....

SilverTowne has stopped stamping ser.#s on their 5 oz. bars and they are not in plastic!

Guess I would have to go with the NWTMs.

[butttttt I like them all!!]

FistFullOfDollars · April 27, 2009 4:27AM

Nice hoard.... there are aspects of each I like and dislike,
if I have to chose I would say NWT. Also, I do not like the
plastic wrappers on my bars, I enjoy the cold steel on my skin.

gecko109 · April 27, 2009 4:59AM

<< Nice hoard.... there are aspects of each I like and dislike,
if I have to chose I would say NWT. Also, I do not like the
plastic wrappers on my bars, I enjoy the cold steel on my skin. >>

I like my bars in the buff as well. However, I cant seem to force myself to unwrap those NWT bars for fear of slight resale losses.

Edited to add:

"SilverTowne has stopped stamping ser.#s on their 5 oz. bars and they are not in plastic!"

Is the reason for this the unprecedented demand, and therefore less time to stamp SN's?

JeremyDie1 · April 27, 2009 5:40AM

Nice hoard! Phil was this shipment from the Apmex 0.99 cent silver sale? BTW I like the Silvertowne 5 ozers.

cars · April 27, 2009 5:43AM

Nice, I'm a big fan of 5 oz bars also, I have a type set collection going on lol. Out of the 2 I'll go with Silvertowne just b/c I like the name over NWT. They are both nice however.

gecko109 · April 27, 2009 5:52AM

<< Nice hoard! Phil was this shipment from the Apmex 0.99 cent silver sale? BTW I like the Silvertowne 5 ozers.

>>

I got 40 of them delivered today from the 99 cent sale.

Did you get in while the gettin was good Jeremy?

JeremyDie1 · April 27, 2009 6:18AM

I bought some on the 17th from the sale with a cc. Found it kind of interesting that your Silvertownes 5 oz are delivered and mine have not even shipped.

PerryHall · April 27, 2009 6:21AM

<< "SilverTowne has stopped stamping ser.#s on their 5 oz. bars and they are not in plastic!" >>

I have a 10 oz Silver Towne bar without the serial number.

gecko109 · April 27, 2009 6:26AM

<< I bought some on the 17th from the sale with a cc. Found it kind of interesting that your Silvertownes 5 oz are delivered and mine have not even shipped.

>>

Ordered on the 17th....shipped on the 22nd....delvd today. What did you buy, 5,000 ounces or something???

JeremyDie1 · April 27, 2009 7:00AM

<< Ordered on the 17th....shipped on the 22nd....delvd today. What did you buy, 5,000 ounces or something???

>>

I just got a email from apmex saying shipped today. It was just a small order of 10 bars. Must of been real low on Apmex priority list of shipments from that sale.

DorkGirl · April 27, 2009 8:24AM

I like the cartoon

Cladiator · April 27, 2009 9:24AM

They still have deals if you look. I just picked up 30+ ounces today from Apmex at .99 cents over spot.

fc · April 27, 2009 9:28AM

that be a lot of silver! must be quite heavy.

gecko109 · April 27, 2009 9:59AM

<< They still have deals if you look. I just picked up 30+ ounces today from Apmex at .99 cents over spot.

>>

What did you buy, shot???

Cladiator · April 27, 2009 10:10AM

Apmex 1 kilo bar. Got it for $444.30 which equals $13.81 per ounce and that was about a buck over spot when I pulled the trigger earlier today. They are currently at $13.75 per ounce with the spot right now at $12.77. It's cheaper than any other bar they have up for sale...even the 100oz and 1000+oz bars.

gecko109 · April 27, 2009 10:13AM

Ok, I saw those. I really wish they had a photo of them. Any idea if they are poured or struck? What design they are using?

Cladiator · April 27, 2009 10:23AM

The description says they are stackers so I'm sure the look identical to the 100oz and 10oz stackers. I'll post a pic when it arrives.

Makarovii · April 27, 2009 1:54PM

Maybe this should be a thread in itself. How do you guys store your bars? Do you care if they tarnish?

bluelobster · April 28, 2009 12:54AM

That is a nice little hoard you got there. I really woulkd like to buy a 100oz J&M bar just for the primordial desire of owning a hunk of shiny metal,.... which, conspiracy theories and theorists aside,is the main thing that drives most gold bugs,IMHO. Although, since you just bought all that silver Geko, at a MINIMUM, you just created a short term top in the silver market

Cladiator · April 28, 2009 1:33AM

Here ya go Gecko. Apmex just uploaded the image of their 1 Kilo stacker bars. Looks like it's stamped on both sides, I like it very much. I really dig how they list the weight in ounces and as a kilo

gecko109 · April 28, 2009 3:14AM

Brand new Sunshine 10 ozers at 99 cents over. Secondary market name brand 10 ozers at 99 cents over. What to do, what to do???

fc · April 28, 2009 3:35AM

wait until the price goes down to about 10-11 at the very least.
keep powder dry.

Cladiator · April 28, 2009 3:36AM

<< What to do, what to do??? >>

Buy the Kilo's

gecko109 · April 28, 2009 3:52AM

<< 

<< What to do, what to do??? >>

Buy the Kilo's

>>

The kilos are way cool, but theres just something about the lack of divisibility on those. I need to make my intentions clear first of all. Im stockpiling silver and gold right now in anticipation of a total fiat monetary collapse, or at the very least, MAJOR reform of our current system. All this bailout money being thrown about has a cost, and I believe that "cost" to be rampant inflation followed by global meltdown of how other countries perceive our debt (which will further diminish the dollar's value). At some point, "paper" that can be made at will, will no longer be an accepted form of payment for goods and services, unless that "paper" is backed by something more tangible than just "full faith in our government" (which im running quite short on at the moment). So if my intentions are to have hard, tangible assets with which to conduct business in a SHTF scenario, then I think it would be appropriate to have smaller sized pieces for trade. Kilo size and up will be the stuff large "banks" will have in the future, much like the former $100,000 bills. In fact, I tend to think that the 10 oz is almost too large. Couple my thoughts/intentions with my overwhelming desire for uniformity (think Monk) and maybe I had better stick to stocking up on the 5's for now.

Cladiator · April 28, 2009 4:30AM

Your reasoning is one of the several reasons I am in silver. For this reason I have a good quantity of 1oz rounds and 1oz bars. I think the 1oz'ers will be better for every day bartering than the 5oz'ers. I do have a small supply of 5'ers and 10'ers though for those larger transactions. The Kilo is more for long term hold than for SHTF currency.

cars · April 28, 2009 6:25AM

I also like the reason listed for small sized bars although I doubt and hope it never happens. For some reason that APMEX bar doesn't really call out to me but its just bullion I guess and for that small premium, Can't beat it.

Here are my 5 oz bars, No where near as many as Phil has however. I recently sold some off to purchase some larger bars that carry less of a premium.
These are all JM:

Misc-

rjsvt · April 28, 2009 7:07AM

Love the "wall" of silver bricks. Reminds me of when I was a kid and built forts out of everything. Nice start to a small fort there!

I liked the SilverTowne better until I saw the same miner and donkey on both sides. The NWT looks more professional.

bob

JeremyDie1 · April 28, 2009 7:55AM

<< 

<< What to do, what to do??? >>

Buy the Kilo's

>>

I like those alot clad! As of right now apmex has plenty in stock. I'll wait and see what silver does tomorrow and may pick up a couple to start stacking. Some cool bars there cars!

My 5 oz silver bar &quot;mini hoard&quot;

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My 5 oz silver bar "mini hoard"