Why is there so much of a premium for Englehard products?

BigE

I mean 999 fine silver one ounce is the same no matter what bar you buy. Is it a fad, something like how Coke bottles and memorabilia bring more than Pepsi or Royal Crown soda?

Do you think someday it could change, say blacklights and lava lamps come back in style and everyone wants Sunshine Mining bars or such---------BigE

gsa1fan

Engelhard just a trusted name. Still WAY better priced than ASE's.

That's the market ~ supply & demand drive prices.

1jester

In the greater cosmic scheme of things, the premium is so small that it might as well not exist. Count yourself lucky it's so low. Here's my post in another thread nearby:

I'm constantly amazed at people in the States who cry over paying 50 cents over spot. That premium is so insignificant it is like it didn't exist. In Europe, the real, true market price of silver is at least $25/oz. People who can buy at only $23/oz should consider themselves extremely lucky. I laugh and cry when I see people post their complaints of paying a few cents over spot, and decrying a couple dollars over spot as too high. You don't know how lucky you've got it. And that might not last much longer, but be that as it may.

BigE

I know what you mean, I got 48 ozs of the englehard silver, I got the seller down from 1.50 over to 1.25. He reluctantly agreed then I figured out I only saved 12.50 . Kind of made me feel like a cad--------------BigE

AboutAg

<< <i>I mean 999 fine silver one ounce is the same no matter what bar you buy. Is it a fad, something like how Coke bottles and memorabilia bring more than Pepsi or Royal Crown soda?

Do you think someday it could change, say blacklights and lava lamps come back in style and everyone wants Sunshine Mining bars or such---------BigE >>



Part, too, is the limited mintages. I calculate that about 4.5 million 1-ounce Engelhard silver bars were made, versus 212 million silver eagles so far. That's about 1 1-ounce Engelhard silver bar for every 50 silver eagles. I'd also venture to guess that many more Engelhard bars were melted than silver eagles.

BigE

AboutAg, is that your website?------BigE

PerryHall

I consider Johnson-Matthey to be on par with Englehard.

AboutAg

<< <i>AboutAg, is that your website? >>



I'm a big part of it, yes.

Ciccio

<< <i>I consider Johnson-Matthey to be on par with Englehard. >>



I agree and I do prefer JM. Maybe because I am european.

It is the same with AGE, Krugs, Maple or Sovereign.
Americans of course prefers their own coins because they know them better and have more market.
In my little experience, in Europe we have more confidence with Krugerrands or Sovereigns.

I personally buy what I like!

mkman123

many like to collect engelhard and JM so there are big premiums for some of the older stuff.

I like both/

mrearlygold

Trust

SilverBaron

Why is there so much of a premium for Englehard products?


6 reasons ...

1] Engelhard has been out of the bar biz for 23 years.

2] "Great Silver Melt" of 1979-80 that destroyed an unknown quantity of items.

3] The wide, and neat, variety of items that makes the search all the more interesting.

4] No grey sheet.

5] lots of intrinsic value for the money.

6] I am willing to pay "STUPID" prices for some of it!!

OPA

<< <i>Why is there so much of a premium for Englehard products?


6 reasons ...

1] Engelhard has been out of the bar biz for 23 years.

2] "Great Silver Melt" of 1979-80 that destroyed an unknown quantity of items.

3] The wide, and neat, variety of items that makes the search all the more interesting.

4] No grey sheet.

5] lots of intrinsic value for the money.

6] I am willing to pay "STUPID" prices for some of it!! >>



Talking about "stupid" prices .... when was the last time you saw a 1 oz PAMP or Credit Suisse silver bar for under $40? Compared to them, Engelhard bars are a steal at today's prices

lunytune2

I paid $18 for my 1 oz Engelhard bars bought in the past 2 days ... did I do good ?

OPA

<< <i>In the greater cosmic scheme of things, the premium is so small that it might as well not exist. Count yourself lucky it's so low. Here's my post in another thread nearby:

I'm constantly amazed at people in the States who cry over paying 50 cents over spot. That premium is so insignificant it is like it didn't exist. In Europe, the real, true market price of silver is at least $25/oz. People who can buy at only $23/oz should consider themselves extremely lucky. I laugh and cry when I see people post their complaints of paying a few cents over spot, and decrying a couple dollars over spot as too high. You don't know how lucky you've got it. And that might not last much longer, but be that as it may.

>>



Mike, you "hit the nail on the head." Most Silver Art Bars, are "dirt cheap" in the States, compared to what you are paying. On the other hand, most common bars sold in the US are not very artistically, the ones that are, are selling for a steep premium.

KUCH

Local B&M today - 10 oz Engelhard $184.