what would currently pay for a 100 oz. Engelhard silver bar?

piecesofme

...and if you bought more than 1 would you expect a discount?
Just curious and debating whether to unleash some here. Thanks

Ciccio

I would say you can sell those bar at spot. (considered that spot is pretty high now)
I am not a fan of big size bars neither I own any, so take this just as an opinion based on what I saw around lately.

KISHU1

I pay $.75 per ounce under spot delivered on 100 ounce Engelhard bars. You may get spot on this board

Good luck

Frank

TWQG

It's a pretty easy sale at spot delivered here.
My local B&M shop pays me $0.20-$0.10 per ounce behind spot and there's no shipping.
$0.75 back of spot delivered is a rip-off.

jdimmick

The regional guy I ship all my generic 100 oz silver too pays spot -.50, but I never ship engelhard 100's as I have always easily got spot for them with no problem..Dont accept less than spot or at worst spot minus .10 or so at current levels.

guitarwes

<< <i>$0.75 back of spot delivered is a rip-off. >>



Not a huge profit to be made on these with a spread of a dollar or so.

You think .75 back of spot is a rip-off, my local dealer pays spot minus 10%.

metalmeister

Local dealer pays -.75c below spot

TWQG

<< <i>You think .75 back of spot is a rip-off, my local dealer pays spot minus 10% >>



I think $230 at today's price is a huge spread. Maybe you should find another dealer.
Like I said, mine pays $0.20 - $0.10 an ounce under spot. That's about a $40 spread.