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At this point...

piecesofmepiecesofme Posts: 6,669 ✭✭✭
in Precious Metals
what would you pay for NON- Johnson Matthey or Engelhard 10 oz. bars? I'm talking stuff like Silvertowne (or any other generic brand) that is hallmarked "10 troy ounces & .999 fine silver", just not a JM or Engelhard.

I've got a few dozen and dont know what to ask at this point with spot being so all over the map. I think it's almost entirely being driven by speculation based on what dealers were asking at a major local show yesterday, but maybe it's just me? It seems to all depned on who you talk to and what reasoning you want to subscribe to.

So where are you at at this point for 1 10 oz. bar... for 10 10 oz. bars...for 20 10 oz. bars...for 50 10 oz. bars? Thanks for the help.
To forgive is to free a prisoner, and to discover that prisoner was you.

Comments

  • PerryHallPerryHall Posts: 46,115 ✭✭✭✭✭
    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

  • OPAOPA Posts: 17,119 ✭✭✭✭✭
    I have no idea what the dealer's are quoting, but on eBay they are selling for approx $2.50 - $3.00 & up per oz above spot. If you have any Scottsdale stacker bars..$4.00+
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • PerryHallPerryHall Posts: 46,115 ✭✭✭✭✭
    OPA---He was asking what you would pay. After the eBay and Paypal fees, he would be lucky to get melt value.

    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

  • indiananationalsindiananationals Posts: 1,094
    SILVERTOWNE IS PAYING $23.63 right now ... i would pay no more than melt if it is common stuff ad say a buck for premium such as the ones u said
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  • OPAOPA Posts: 17,119 ✭✭✭✭✭


    << <i>OPA---He was asking what you would pay. After the eBay and Paypal fees, he would be lucky to get melt value. >>



    I'm not buying any PM's at this time ... need for the dust to settle ... But if I did, I would pay slightly more than what APMEX buy price is for similar bars. (usually a little bid below spot)
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • DrBusterDrBuster Posts: 5,378 ✭✭✭✭✭
    Spot+$0.49/oz delivered
    Spot at a B&M
  • piecesofmepiecesofme Posts: 6,669 ✭✭✭
    Thanks for the help folks. Think i'll try to strike a deal with some local B&M's. After fees on eBay, or having to pay for shipping selling here, the margin isnt there...or at least what i'd like to get. Thanks again.
    To forgive is to free a prisoner, and to discover that prisoner was you.
  • MrBearMrBear Posts: 379 ✭✭✭
    Where are you located? On the off-chance that I'm nearby, I might be willing to meet you somewhere and buy some at spot...(fyi, I'm in Northern NJ)
    Occasionally successful coin collector.
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