Questions on premiums for "bullion".
thecoinlook
Posts: 356 ✭
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!
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!
0
Comments
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" !!!
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.
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
Can you please post a link for the
The About.Ag website
Thanks in advance.
Do any Silvertowne bars command a premium? I recently saw 4 or 5 poured 10oz bars, which can be had around spot.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Typically little premium.
Have a nice day!
<< <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.