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Questions on premiums for "bullion".

thecoinlookthecoinlook Posts: 356 ✭
in Precious Metals
I wasn't aware of bars (such as that 2 oz Engelhard bar just posted) getting big premiums.
What bars, rounds do get big premiums? I am able to look through about 1000 ounces of 1-10 oz pieces a week, but rarely pull anything out.
I just saw some Johnson Matthey 100 gram bars on eBay, for a decent chunk more than melt (one more than double, and many for ~50% more), so I picked one of those up for basically spot.
Is it mainly the old "loaf" style? Or not necessarily. Is there any sort of book/guide when it comes to collecting these?

Any information would be great!

Thanks!

Comments

  • nibannynibanny Posts: 2,761 ✭
    Johnson Matthey half ounce and half kilo demand big premiums.
    The member formerly known as Ciccio / Posts: 1453 / Joined: Apr 2009
  • Timbuk3Timbuk3 Posts: 11,658 ✭✭✭✭✭
    Many of the older "poured" bars do command
    premiums. You may be best off looking for
    1-10 oz. Engelhard or J&M bars, poured
    or stamped. I've purchased other bars
    before only because they were "cheap" !!!
    Timbuk3
  • OnlyGoldIsMoneyOnlyGoldIsMoney Posts: 3,405 ✭✭✭✭✭
    "Silver refiners of the world and their identifying ingot marks" is a good reference book. It is out of print. I have never seen a copy but I understand it is useful in assessing age and rarity.

    I can speak a bit about Engelhard. Generally speaking, the poured odd-sized bars carry the greatest premiums. In order of increasing rarity you have 3 oz, 7 oz, 4 oz and 2 oz. Some stamped bars like the earliest version of the 1 ounce bar and any 1/2 ounce bar carry substantial premiums.

    The About.Ag website is a great place to learn more about Engelhard and JM bar types. You will find excellent descriptions and photographs.
    NO END IN SIGHT LIB $2.50'S CAC ONLY
    https://www.pcgs.com/setregistry/gold/liberty-head-2-1-gold-major-sets/liberty-head-2-1-gold-basic-set-circulation-strikes-1840-1907-cac/alltimeset/268163
  • qwest4qwest4 Posts: 13
  • qwest4qwest4 Posts: 13
    OnlyGoldIsMoney

    Can you please post a link for the
    The About.Ag website

    Thanks in advance.
  • StaircoinsStaircoins Posts: 2,577 ✭✭✭
    http://about.ag/ website
  • thecoinlookthecoinlook Posts: 356 ✭
    Thanks for the info so far!
    Do any Silvertowne bars command a premium? I recently saw 4 or 5 poured 10oz bars, which can be had around spot.
  • derrybderryb Posts: 37,298 ✭✭✭✭✭
    Whatever you buy, always consider demand for it when it comes time to sell. Higher premiums are usually because of higher demand.

    Gold has a world price entirely unaffected by accounting games between the Treasury and the Fed. - Jim Rickards

  • WingsruleWingsrule Posts: 3,027 ✭✭✭✭
    Do any Silvertowne bars command a premium? I recently saw 4 or 5 poured 10oz bars, which can be had around spot.

    Typically little premium.
  • morgantypemorgantype Posts: 456
    This one for sure...

    image

    Have a nice day!
    Many buy and sell transactions. Let's talk!
  • thecoinlookthecoinlook Posts: 356 ✭
    That's neat! Now what is something like that 1/2 kilo worth?
  • thecoinlookthecoinlook Posts: 356 ✭
    Looking right now at a 10 oz silver Credit Suisse with certificate. That any better?
  • nibannynibanny Posts: 2,761 ✭


    << <i>Looking right now at a 10 oz silver Credit Suisse with certificate. That any better? >>



    I have never seen a 10 oz CS. All the Credit Suisse bars demand a premium, in particular the 5g and 10g.
    If you can get it close to spot it will be a good buy, imo.
    The member formerly known as Ciccio / Posts: 1453 / Joined: Apr 2009
  • WingsruleWingsrule Posts: 3,027 ✭✭✭✭
    That is a great find. If it's spot + a few bucks, buy it and run out the door.
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