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B R Mackay 10.72 oz bar

fishteethfishteeth Posts: 2,245 ✭✭✭✭✭
in Precious Metals

I have a jewelry store near my office which saves anything coin or bullion related that they buy over the counter. Its amazing what people are bringing in to sell as
scrap right now. He is a little store and purchased over 7000 in scrap gold jewelry this week alone. On a side note one of the larger jewelry stores in town
has purchased over 50,000 this week.

this bar came in today along with some 1/10gold eagles. I did some research and it appears to be a legit company. The lady who sold it
had it made from silver she saved from wroking as an xray tech in the 70's. I plan on sending it off as scrap tomorrow but thought I would check
out if it had any value above that before I sel to the local dealer. Bar is pretty banged up

image
image

Comments

  • mkman123mkman123 Posts: 6,849 ✭✭✭✭
    I've owned one of these, when silver was in the low 14s, it would sell for 1-2 over spot. However with silver so high, you might just get spot. This isn't that rare.
    Successful Buying and Selling transactions with:

    Many members on this forum that now it cannot fit in my signature. Please ask for entire list.
  • CaptHenwayCaptHenway Posts: 32,119 ✭✭✭✭✭
    We've had the brand in the store. No problems with them, they are just not popular.
    TD
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • PerryHallPerryHall Posts: 46,115 ✭✭✭✭✭
    I don't think I've ever seen a more ugly/crude bar. Looks like it was made in someone's basement.

    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

  • OPAOPA Posts: 17,119 ✭✭✭✭✭


    << <i>I don't think I've ever seen a more ugly/crude bar. Looks like it was made in someone's basement. >>



    image

    I wouldn't pay melt for that thing...( an experiment gone wrong?)
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • RGJohnRGJohn Posts: 402


    << <i>
    I wouldn't pay melt for that thing...q]

    I would. It's got 'character'.
    Many, many perfect transactions with other members. Ask please.
  • PerryHallPerryHall Posts: 46,115 ✭✭✭✭✭


    << <i>

    << <i>
    I wouldn't pay melt for that thing...q]

    I would. It's got 'character'. >>



    It's got too much "character"!image

    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

  • CaptHenwayCaptHenway Posts: 32,119 ✭✭✭✭✭
    When we buy them, we leave them out on sale (cheap) until our next silver burn, and then they die.
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • fishteethfishteeth Posts: 2,245 ✭✭✭✭✭
    sold it the local dealer for 25.50 an ounce and it went straight to his melt bucket, which is where this one belonged, it was ugly.

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