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Another scarce old poured bar on ebay

OnlyGoldIsMoneyOnlyGoldIsMoney Posts: 3,358 ✭✭✭✭✭
in Precious Metals
Maybe I should not say "scarce" since 4 oz Engelhard poured bars are suddenly coming out of the woodwork. Here's the latest.

Engelhard 4 oz on ebay

It looks like $2,000 has become the new minimum expectation.

Unlike the other bars this one is a bit later. For those who collect by type, the Engelhard logo on this one is in the center of the bar and not the top.

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

Comments

  • JustacommemanJustacommeman Posts: 22,847 ✭✭✭✭✭
    $2000 is the new $1000.

    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......
  • CaptHenwayCaptHenway Posts: 32,115 ✭✭✭✭✭


    << <i>Maybe I should not say "scarce" since 4 oz Engelhard poured bars are suddenly coming out of the woodwork. Here's the latest.

    Engelhard 4 oz on ebay

    It looks like $2,000 has become the new minimum expectation.

    Unlike the other bars this one is a bit later. For those who collect by type, the Engelhard logo on this one is in the center of the bar and not the top. >>



    Anybody keeping track to see if all the new ones have the same serial number???

    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • piecesofmepiecesofme Posts: 6,669 ✭✭✭
    Maybe I should not say "scarce" since 4 oz Engelhard poured bars are suddenly coming out of the woodwork.

    Or is it opportunity if in fact the previous auctions were legit. I know if I had one, i'd be breaking my fingers typing so fast trying to get it listed asap.
    To forgive is to free a prisoner, and to discover that prisoner was you.
  • rawteam1rawteam1 Posts: 2,472 ✭✭✭
    the one that hammered the lowest price is the one that bidding started at $1000,
    the other 2 started at .99, starting at $2000 i think is a big mistake, a scared seller for sure...
    keceph `anah
  • dolomitedolomite Posts: 92 ✭
    I agree raw... competition between bidders has been the driving factor here. Loses much excitement when you have a $2k start...
    “Be so good they can't ignore you.” — Jerry Dunn
  • Timbuk3Timbuk3 Posts: 11,658 ✭✭✭✭✭
    Not interested.
    Could use the $2000.00 else where !!!
    Timbuk3
  • piecesofmepiecesofme Posts: 6,669 ✭✭✭
    Could use the $2000.00 else where !!!

    You wouldn't win anyway, apparently it's going to take mid $3k's to take one down now image
    To forgive is to free a prisoner, and to discover that prisoner was you.
  • rawteam1rawteam1 Posts: 2,472 ✭✭✭


    << <i>Could use the $2000.00 else where !!!

    You wouldn't win anyway, apparently it's going to take mid $3k's to take one down now image >>



    highly unlikely, this might get 1 bidder if any, the 4 digit was the rarer bar and got the big pop, this one wont...

    edit: my official prediction, no buyer...lol...serial to high...
    keceph `anah
  • CaptHenwayCaptHenway Posts: 32,115 ✭✭✭✭✭
    At this kind of money, the possibility exists that somebody could start counterfeiting these. May I suggest that somebody create a repository of pictures of genuine ones to compare new pieces to?

    TD
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • mkman123mkman123 Posts: 6,849 ✭✭✭✭
    the chinese could easily use real silver and make a bunch of these fake ones. No thanks to pricey old pours for me
    Successful Buying and Selling transactions with:

    Many members on this forum that now it cannot fit in my signature. Please ask for entire list.
  • LukeMarshallLukeMarshall Posts: 1,982 ✭✭✭✭✭
    At this kind of money, the possibility exists that somebody could start counterfeiting these. May I suggest that somebody create a repository of pictures of genuine ones to compare new pieces to?

    That is a great idea Capt.

    I guess one would have to pay close detail to dimention, surface textures and stamp size and document it accordingly

    It's all about what the people want...

  • PerryHallPerryHall Posts: 46,111 ✭✭✭✭✭
    Interesting thread. I think I'll stick with the more common sizes that can be bought for close to 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

  • tneigtneig Posts: 1,505 ✭✭✭
    Have these things been gradually selling for more and more over time, or has this only been a sudden bust-out sort of thing?

    They may have desire and collector value, but if this is a entirely new range, the buyers may be the last ones owning them.
    COA
  • NumbersUsacomNumbersUsacom Posts: 1,457 ✭


    << <i>Have these things been gradually selling for more and more over time, or has this only been a sudden bust-out sort of thing?

    They may have desire and collector value, but if this is a entirely new range, the buyers may be the last ones owning them. >>



    Oh No, there's always gotta be some one to show up to the party and cry parabolic, parabolic, parabolic !!!! image (maybe this is the 3,000 dow in 1987 on its way to 12,000 in 2000)

    This price increases seems to have been developing over a 5-7 year period (just an estimate)

    NumbersUsa, FairUs, Alipac, CapsWeb, and TeamAmericaPac
  • JustacommemanJustacommeman Posts: 22,847 ✭✭✭✭✭


    << <i>

    << <i>Have these things been gradually selling for more and more over time, or has this only been a sudden bust-out sort of thing?

    They may have desire and collector value, but if this is a entirely new range, the buyers may be the last ones owning them. >>



    Oh No, there's always gotta be some one to show up to the party and cry parabolic, parabolic, parabolic !!!! image (maybe this is the 3,000 dow in 1987 on its way to 12,000 in 2000)

    This price increases seems to have been developing over a 5-7 year period (just an estimate) >>



    It's human nature. Most of the time it's made by those that did not participate in the run up or are not in the game. 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......
  • RGJohnRGJohn Posts: 402


    << <i>........
    Anybody keeping track to see if all the new ones have the same serial number??? >>



    Yeah, there is something about all this that reminds me of the 'Billy Beer' fantasia of an earlier era.
    Many, many perfect transactions with other members. Ask please.
  • OnlyGoldIsMoneyOnlyGoldIsMoney Posts: 3,358 ✭✭✭✭✭


    << <i>Have these things been gradually selling for more and more over time, or has this only been a sudden bust-out sort of thing?

    They may have desire and collector value, but if this is a entirely new range, the buyers may be the last ones owning them. >>



    Few have appeared on ebay in the last 20 months. In 2011 $600-700 was a surprising price. In 2012 we are seeing $2,000 on a regular basis. There is your progression.

    It is safe to say these bars are being acquired by strong hands.
    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
  • JustacommemanJustacommeman Posts: 22,847 ✭✭✭✭✭


    << <i>

    << <i>Have these things been gradually selling for more and more over time, or has this only been a sudden bust-out sort of thing?

    They may have desire and collector value, but if this is a entirely new range, the buyers may be the last ones owning them. >>



    Few have appeared on ebay in the last 20 months. In 2011 $600-700 was a surprising price. In 2012 we are seeing $2,000 on a regular basis. There is your progression.

    It is safe to say these bars are being acquired by strong hands. >>



    Speaking of strong ginormous hands, where is the Baron?

    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......
  • nibannynibanny Posts: 2,761 ✭


    << <i>
    Speaking of strong ginormous hands, where is the Baron?

    MJ >>



    I was wondering that too.

    He wrote about the 4 and 7 ozers two years ago.

    Engelhard Ag Chapter
    The member formerly known as Ciccio / Posts: 1453 / Joined: Apr 2009
  • mrearlygoldmrearlygold Posts: 17,858 ✭✭✭
    With premiums like that shouldn't they be slabbed?image

    Coin's for sale/trade.


    Tom Pilitowski
    US Rare Coin Investments
    800-624-1870

  • OnlyGoldIsMoneyOnlyGoldIsMoney Posts: 3,358 ✭✭✭✭✭


    << <i>

    << <i>
    Speaking of strong ginormous hands, where is the Baron?

    MJ >>



    I was wondering that too.

    He wrote about the 4 and 7 ozers two years ago.

    Engelhard Ag Chapter >>




    SB's summaries are still required reading for bar collectors.

    The chapter posted was from August 2010. Many more bar collectors have appeared since then.
    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
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