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Rare 1oz Poured Johnson Matthey Silver Bar

cjmezzcjmezz Posts: 467
in Precious Metals
just curious...anyone here win this cool bar?

JM Bar
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Comments

  • morgantypemorgantype Posts: 456
    Not me but it looks very nIce.
    Many buy and sell transactions. Let's talk!
  • PerryHallPerryHall Posts: 46,086 ✭✭✭✭✭
    I love to buy silver bars but the premium over melt is just too high for me.

    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

  • bstat1020bstat1020 Posts: 2,151 ✭✭
    I didn't win that one but I have owned several in the past and sold them over the years. I still own one for my collection, I just sold my last two extras to a fellow board member. I thought I saw it for sale again already on the BST.
    They typically go for anywhere from $100.00 up to $250.00.

    Ebay seller Z90 seems like they have one every month or so for sale.

    Here is my bar.
    image
    image
    Madelyn's Birth Year Registry Set, Sophia's Birth Year Registry Set, My 10 Best Coins
  • piecesofmepiecesofme Posts: 6,669 ✭✭✭
    These are the 2 that Brian was kind enough to sell to me for a very fair price, given what they are.

    Like him, I am keeping the bottom one and the other one is listed on the BST in a package JMC bar Lot.

    image
    To forgive is to free a prisoner, and to discover that prisoner was you.
  • TWQGTWQG Posts: 3,145 ✭✭


    << <i>just curious...anyone here win this cool bar? >>



    No. That's more than I'm willing to pay for silver in any form.
    My eBay store
  • OnlyGoldIsMoneyOnlyGoldIsMoney Posts: 3,358 ✭✭✭✭✭
    I have one JMC of that type. A dealer had a good number of them at the last Baltimore show. I believe it was Honor Coin.

    The realized price on ebay shows the strong interest in the rarer poured bars.
    NO END IN SIGHT LIB $2.50'S CAC ONLY
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  • piecesofmepiecesofme Posts: 6,669 ✭✭✭
    The realized price on ebay shows the strong interest in the rarer poured bars

    Look at the bids too, the winning bidder was willing to go 2 bids higher than what they ended up winning it for.
    To forgive is to free a prisoner, and to discover that prisoner was you.
  • WingsruleWingsrule Posts: 3,009 ✭✭✭✭
    I believe it was Honor Coin

    One of their guys is a member here but I cannot remember his handle at the moment. I don't think he posts all that often.
  • mkman123mkman123 Posts: 6,849 ✭✭✭✭
    Neat but not interested in old pour silver bars like I was in the past. Fun when I was into them, now I'm more into numismatic gold and silver BUT as close to melt as I'm still a bullion person in heart image
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  • JustacommemanJustacommeman Posts: 22,847 ✭✭✭✭✭
    i also bought a couple from Brian. Still have them. MJ

    image
    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
  • gecko109gecko109 Posts: 8,231 ✭
    I could very easily make those bars. Initial investment would be about $600 in professionally made dies for the markings. I already own the kiln and molds. To produce 25 of these would cost me about $1,400 in silver shot and dies. 25 @ $150 each = $3750, or a profit of about $2350 for a couple days work.

    I wonder if there are any laws against counterfeiting obscure, out of production silver bullion bars.......assuming that you are using .999 fine silver. I have zero interest in doing any of the above, although im certain I could easily do it. Im just curious on the legal ramifications.
  • Kd5ddoKd5ddo Posts: 208 ✭
    Way too much above spot for me to pull the trigger, yet it a bar I'd see at a mates house and be a bit envious of...

    That's an interesting point gekko. I assume that if bars keep pullin in the premiums they are, we'd start to see some counterfeit bars come out of china pretty soon...
    Remember that the market can stay irrational longer than you can stay solvent.

    BSTs with: Coll3ctor, gsa1fan, mkman123, ajbauman, tydye, piecesofme, pursuitofliberty

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  • PerryHallPerryHall Posts: 46,086 ✭✭✭✭✭


    << <i>

    << <i>just curious...anyone here win this cool bar? >>



    No. That's more than I'm willing to pay for silver in any form. >>



    I feel the same way. Not very liquid. Good luck trying to sell it to your local coin shop. An esoteric item like this would have to be sold in an auction to get full 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

  • PerryHallPerryHall Posts: 46,086 ✭✭✭✭✭


    << <i>I could very easily make those bars. Initial investment would be about $600 in professionally made dies for the markings. I already own the kiln and molds. To produce 25 of these would cost me about $1,400 in silver shot and dies. 25 @ $150 each = $3750, or a profit of about $2350 for a couple days work.

    I wonder if there are any laws against counterfeiting obscure, out of production silver bullion bars.......assuming that you are using .999 fine silver. I have zero interest in doing any of the above, although im certain I could easily do it. Im just curious on the legal ramifications. >>



    I hope the chinese aren't reading this.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

  • JustacommemanJustacommeman Posts: 22,847 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>just curious...anyone here win this cool bar? >>



    No. That's more than I'm willing to pay for silver in any form. >>



    I feel the same way. Not very liquid. Good luck trying to sell it to your local coin shop. An esoteric item like this would have to be sold in an auction to get full value. >>



    Actually that is not true. They are VERY liquid if you know the sources. True your local coin shop is not one of these sources. One of the more positive side of these collectable bars is they are NOT tied to the price of silverimage

    True, it's always better to stick to the things that you know in all walks of life.

    MJ
    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
  • PerryHallPerryHall Posts: 46,086 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>

    << <i>just curious...anyone here win this cool bar? >>



    No. That's more than I'm willing to pay for silver in any form. >>



    I feel the same way. Not very liquid. Good luck trying to sell it to your local coin shop. An esoteric item like this would have to be sold in an auction to get full value. >>



    Actually that is not true. They are VERY liquid if you know the sources. True your local coin shop is not one of these sources. One of the more positive side of these collectable bars is they are NOT tied to the price of silverimage

    True, it's always better to stick to the things that you know in all walks of life.

    MJ >>



    If these bars are "VERY liquid", why wouldn't your local coin shop pay a significant premium over melt for one of these bars?

    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

  • JustacommemanJustacommeman Posts: 22,847 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>

    << <i>

    << <i>just curious...anyone here win this cool bar? >>



    No. That's more than I'm willing to pay for silver in any form. >>



    I feel the same way. Not very liquid. Good luck trying to sell it to your local coin shop. An esoteric item like this would have to be sold in an auction to get full value. >>



    Actually that is not true. They are VERY liquid if you know the sources. True your local coin shop is not one of these sources. One of the more positive side of these collectable bars is they are NOT tied to the price of silverimage

    True, it's always better to stick to the things that you know in all walks of life.

    MJ >>



    If these bars are "VERY liquid", why wouldn't your local coin shop pay a significant premium over melt for one of these bars? >>



    Would you try and sell your numismatic coins to a precious metals specially source? I wouldn't try to sell anything including coins to 95% of coin shops except for melt type items. MJ
    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
  • bstat1020bstat1020 Posts: 2,151 ✭✭
    They were very liquid for me. Every time I offered one up for sale it was gone that day.
    Madelyn's Birth Year Registry Set, Sophia's Birth Year Registry Set, My 10 Best Coins
  • johnny9434johnny9434 Posts: 28,278 ✭✭✭✭✭
    it wasent me but its a nice bar for sure
  • MeltdownMeltdown Posts: 8,774 ✭✭✭✭✭
    Too steep for my blood.
    I try and be patient and wait to stumble across them at local shops that do not know or care of the scarcity.
    I've had pretty decent luck over the years, although I have not found one of those yet.

    Click on this link to see my ebay listings.

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