100 Oz or Kilo Silver Bars...which do you prefer and why?

Zubie

I took some money out of an investment and wanted to buy some of the larger silver bars in the near future. What brand and would you recommend the kilo or 100 oz and why? I'm thinking the pressed 100 JM bars over the poured. These are bars that would be put away for long term investments. Thanks

1jester

kilo bars are better, in my opinion, because they are smaller, easier to handle and probably much more liquid, especially when prices rise. I think you would also do well to consider one ounce American Eagles in lieu of the kilo bars, in fact.

JeremyDie1

I like both. If I had to choose one over the other, I would buy the kilo Acadamy bars that stack.

Forgot to add: I like 100 oz Engelhard and the J & M machine pressed too.

PerryHall

Either are fine with me but I can calculate the value of the 100 Tr Oz without a calculator.

I prefer the 10 Tr Oz because it's a handy size.

Justacommeman

I'm a huge fan of the 100 oz Engelhard bars. I like the heft and the look............MJ

PerryHall

<< <i>I'm a huge fan of the 100 oz Engelhard bars. I like the heft and the look............MJ >>



What about the Johnson-Mathey bars? Same heft and the bars are just as attractive.

gsa1fan

Best bang for the $. If your putting them away for the big run up in silver price we all hope for!

keepdachange

I like the old poured kilo bars if you can get them at a reasonable price relative to spot. But you can't go wrong either way in my opinion!

PreTurb

I prefer the 100 oz, less confusing to a potential buyer.

Justacommeman

<< <i>

<< <i>I'm a huge fan of the 100 oz Engelhard bars. I like the heft and the look............MJ >>



What about the Johnson-Mathey bars? Same heft and the bars are just as attractive. >>


I'm a Engelhard and a Dapper Dan man what can I say! FYI- J-M bars are fine too in a pinch

MJ

Zubie

This is the type JM 100 oz bar I was thinking. I've noticed a lot of these are toned, does that affect the price that much one way or the other? Do you guys store them in the cardboard?
Thanks, Tim


Also, what is typical mark up for a bar like this? $1 over spot? $2???
Where, other than ebay, can I find some of these bars?

gecko109

Any particular reason you are hellbent on a large bar? Smaller bars can be had for about the same premiums as 100oz or kilo bars on occassion. Its far easier to sell 10 small bars than 1 large bar.....dont believe me? How many people, even on this forum, could afford a 10 oz gold bar right now? How many could afford a 1oz gold bar right now? I have come to the conclusion that the "sweet spot" for silver is around 5-10 oz bars, and for gold its 1/4 oz. These are amounts that most people can afford without making any major sacrifices to other financial needs. If silver gets a huge run-up in pricing, as alot of people expect, why would you want anything to do with a 100oz bar that only a dealer could afford to buy from you in a pinch?

PerryHall

<< <i>This is the type JM 100 oz bar I was thinking. I've noticed a lot of these are toned, does that affect the price that much one way or the other? Do you guys store them in the cardboard?
Thanks, Tim


Also, what is typical mark up for a bar like this? $1 over spot? $2???
Where, other than ebay, can I find some of these bars? >>



I bought 3 of these on the BST forum here. Keep them with the box. If you're worried about tarnish, put them in a polyethelene sandwich bag before you put them in the cardboard box. Each box has the same serial number as the bar and helps protect the bar. It never hurts to keep the original packaging.

PerryHall

<< <i>Any particular reason you are hellbent on a large bar? Smaller bars can be had for about the same premiums as 100oz or kilo bars on occassion. Its far easier to sell 10 small bars than 1 large bar.....dont believe me? How many people, even on this forum, could afford a 10 oz gold bar right now? How many could afford a 1oz gold bar right now? I have come to the conclusion that the "sweet spot" for silver is around 5-10 oz bars, and for gold its 1/4 oz. These are amounts that most people can afford without making any major sacrifices to other financial needs. If silver gets a huge run-up in pricing, as alot of people expect, why would you want anything to do with a 100oz bar that only a dealer could afford to buy from you in a pinch? >>



Great points and I totally agree. From a practical viewpoint, the 10 oz is the optimal size for most people.

Justacommeman

<< <i>Any particular reason you are hellbent on a large bar? Smaller bars can be had for about the same premiums as 100oz or kilo bars on occassion. Its far easier to sell 10 small bars than 1 large bar.....dont believe me? How many people, even on this forum, could afford a 10 oz gold bar right now? How many could afford a 1oz gold bar right now? I have come to the conclusion that the "sweet spot" for silver is around 5-10 oz bars, and for gold its 1/4 oz. These are amounts that most people can afford without making any major sacrifices to other financial needs. If silver gets a huge run-up in pricing, as alot of people expect, why would you want anything to do with a 100oz bar that only a dealer could afford to buy from you in a pinch? >>


Assuming he is buying 100 oz's in bar form--------In a pinch wouldn't you want to sell to a dealer rather then someone random? -------- If he's buying ten 10 oz bars or one 100 oz bar and needs to sell them all at once, what's the difference? I don't think he's going to want to sell 10 oz bars to four or five different parties. That would stink. JMHO. Again, what's wrong with dealers in a pinch? MJ

gecko109

<< <i>

<< <i>Any particular reason you are hellbent on a large bar? Smaller bars can be had for about the same premiums as 100oz or kilo bars on occassion. Its far easier to sell 10 small bars than 1 large bar.....dont believe me? How many people, even on this forum, could afford a 10 oz gold bar right now? How many could afford a 1oz gold bar right now? I have come to the conclusion that the "sweet spot" for silver is around 5-10 oz bars, and for gold its 1/4 oz. These are amounts that most people can afford without making any major sacrifices to other financial needs. If silver gets a huge run-up in pricing, as alot of people expect, why would you want anything to do with a 100oz bar that only a dealer could afford to buy from you in a pinch? >>


Assuming he is buying 100 oz's in bar form--------In a pinch wouldn't you want to sell to a dealer rather then someone random? -------- If he's buying ten 10 oz bars or one 100 oz bar and needs to sell them all at once, what's the difference? I don't think he's going to want to sell 10 oz bars to four or five different parties. That would stink. JMHO. Again, what's wrong with dealers in a pinch? MJ >>





Nothing is really wrong with selling to a dealer, however, I have noticed that in life, the more options you have the better off you are. Why cut your selling options in half when for the same cost now, he can have twice the selling options in the future? Large precious metal bars never made sense to me personally. Unless you have 10,000+ oz of physical silver, whats wrong with having 10 - 10oz bars rather than 1- 100oz bar? I would only buy the 100oz bar if the premiums were significantly cheaper...and right now, they simply are not.

PerryHall

I think the form or weight is less important than the price. I prefer 10 oz bars but I would buy a kilo or 50 oz bar in a heartbeat if the price was right. It is important that the bar was produced by a company that is reputable and fairly well known.

PreTurb

Having earlier said I prefer the 100 ouncer... I STRONGLY prefer Kennedy 1964's over bars...