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3oz Old Poured Engelhard Silver Bar

cjmezzcjmezz Posts: 467
in Precious Metals
Another bar that isn't seen very often....they didn't spell Engelhard right in the title. A little high priced, but maybe someone on here collects these.

sorry i don't know how to hot link!

http://cgi.ebay.com/3-OZ-ENGLEHARD-OLD-POUR-999-SILVER-BAR-SUPER-RARE-SHARP-/380246708199?cmd=ViewItem&pt=LH_DefaultDomain_0&hash=item5888784fe7
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Comments

  • bstat1020bstat1020 Posts: 2,151 ✭✭
    Link

    That is what they have been going for. You do not see them that often.

    Bstat
    Madelyn's Birth Year Registry Set, Sophia's Birth Year Registry Set, My 10 Best Coins
  • johnny9434johnny9434 Posts: 28,313 ✭✭✭✭✭
    interesting. im not sure about the price yet but its interesting
  • 1970SilverArt1970SilverArt Posts: 482 ✭
    I could be wrong on this but I think that a lot of those old poured Engelhard silver bars were minted in the 1970's and maybe that is why some of them have high premiums on them since they are probably hard to find locally. Again I could be totally wrong on this.
    DISCLAIMER: I am NOT a '70's silver art bar expert but I try my best to play one on the Internet.
  • PerryHallPerryHall Posts: 46,122 ✭✭✭✭✭


    << <i>I could be wrong on this but I think that a lot of those old poured Engelhard silver bars were minted in the 1970's and maybe that is why some of them have high premiums on them since they are probably hard to find locally. Again I could be totally wrong on this. >>



    Agree. Also, Engelhard didn't make very many of the odd sizes such as 3 oz and 7 oz sizes which are quite scarce now. The problem is, if you had to sell them quickly to a local B&M coin dealer, would you get offered more than melt?

    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

  • 1970SilverArt1970SilverArt Posts: 482 ✭


    << <i>

    << <i>I could be wrong on this but I think that a lot of those old poured Engelhard silver bars were minted in the 1970's and maybe that is why some of them have high premiums on them since they are probably hard to find locally. Again I could be totally wrong on this. >>



    Agree. Also, Engelhard didn't make very many of the odd sizes such as 3 oz and 7 oz sizes which are quite scarce now. The problem is, if you had to sell them quickly to a local B&M coin dealer, would you get offered more than melt? >>



    If you had to sell an old poured style Engelhard bar to a local B&M dealer, then the local B&M dealer will give you only the silver value minus a discount. Selling them on ebay is the best way to get a huge premium over spot for those Engelhard bars because collectors are willing to pay a huge premium to get one of those bars.
    DISCLAIMER: I am NOT a '70's silver art bar expert but I try my best to play one on the Internet.
  • ebaytraderebaytrader Posts: 3,312 ✭✭✭


    << <i>

    If you had to sell an old poured style Engelhard bar to a local B&M dealer, then the local B&M dealer will give you only the silver value minus a discount. Selling them on ebay is the best way to get a huge premium over spot for those Engelhard bars because collectors are willing to pay a huge premium to get one of those bars. >>




    This is correct. Odd weight bars are discounted in dealer trading.
  • PerryHallPerryHall Posts: 46,122 ✭✭✭✭✭


    << <i>

    << <i>

    If you had to sell an old poured style Engelhard bar to a local B&M dealer, then the local B&M dealer will give you only the silver value minus a discount. Selling them on ebay is the best way to get a huge premium over spot for those Engelhard bars because collectors are willing to pay a huge premium to get one of those bars. >>




    This is correct. Odd weight bars are discounted in dealer trading. >>




    I was saying that most B&M dealers wouldn't pay a premium. I didn't realize that they discounted them when buying them.





    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

  • SilverBaronSilverBaron Posts: 767 ✭
    Welllll ........... My favorite dealer does buy Engelhard, JM and Degussa bars , of unusual size, at a premium.

    Would the board consider it " Spam " to mention a really great dealer with a really nice B&M shop?




    Keep on Stack'n!!
    Silver Baron
    ********************
    Silver is the mortar that binds the bricks of loyalty.
  • gsa1fangsa1fan Posts: 5,566 ✭✭✭


    << <i>Welllll ........... My favorite dealer does buy Engelhard, JM and Degussa bars , of unusual size, at a premium.

    Would the board consider it " Spam " to mention a really great dealer with a really nice B&M shop?




    Keep on Stack'n!! >>



    I would not considering - AMPEX, Gainsville, & Tulving are mentioned on a daily basis.

    I'm always looking for a new spot to buy fromimage
    Avid collector of GSA's.
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