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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: 3,377 ✭✭✭✭✭
    "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: 2,573 ✭✭✭
    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: 37,105 ✭✭✭✭✭
    Whatever you buy, always consider demand for it when it comes time to sell. Higher premiums are usually because of higher demand.

    Repetition of ignorance is ignorance raised to the power two.

  • WingsruleWingsrule Posts: 3,020 ✭✭✭✭
    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: 3,020 ✭✭✭✭
    That is a great find. If it's spot + a few bucks, buy it and run out the door.
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