ASE vs ATB
freechance
Posts: 380 ✭✭
IF they carry the same premium to spot per ounce which would you buy and why
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Right now, only if I get them for a base price at a pawn shop, etc.
Eagles are 1 ounce and have a $1 face value. ATBs are 5 ounces and have a...twenty-five cent face value
ATBs are a silly mint novelty. My prediction: They'll be wholesaled at melt and melted en mass as they go the way of the SBA.
So that means in 50 years they'll probably be the hot collectible of the year. But I'll be dead by then.
--Severian the Lame
<< <i>Eagles. More widely known, much more widely traded unit.
Eagles are 1 ounce and have a $1 face value. ATBs are 5 ounces and have a...twenty-five cent face value
ATBs are a silly mint novelty. My prediction: They'll be wholesaled at face or melted en mass as they go the way of the SBA.
So that means in 50 years they'll probably be the hot collectible of the year. But I'll be dead by then. >>
I'm waiting for the Mint's colorized version. All they have to do is take a look at the Perth Mint', ahem, coins
ASEs would be preference I guess for divisibility in lieu of 5oz/time, but a small stack of ATBs is impressive despite that stupid face value BS.
ATBs are round bars from a reputable source.
"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
<< <i>They'll be wholesaled at melt and melted en mass as they go the way of the SBA. >>
There's no comparison to the SBA's and don't hold your breath for them to sell at melt.
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
<< <i>ASEs.
ATBs are round bars from a reputable source. >>
No. They are congressionally authorized legal tender US Mint struck coins just like the ASE's. You may not like them but calling them "round bars" makes you sound ignorant.
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
Silver is on sale. stack em both.
ASE if I could only choose one.
Loves me some shiny!
<< <i>
<< <i>ASEs.
ATBs are round bars from a reputable source. >>
No. They are congressionally authorized legal tender US Mint struck coins just like the ASE's. You may not like them but calling them "round bars" makes you sound ignorant. >>
I like anything that's .999 silver. To me they are round bars from a reputable source. I would pay no more than just a tad more than I would for a .999 5 oz. bar, only because of where they originate.
"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
Derry is right though, very small premium for origination...like an ASE.
If I was to stack just one, it would be the ASE.
I collect one ATB from the mint each release, but stack ASE for investment.
BST Transactions (as the seller): Collectall, GRANDAM, epcjimi1, wondercoin, jmski52, wheathoarder, jay1187, jdsueu, grote15, airplanenut, bigole
"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
The single most active 8 weeks ever for this board!
Loves me some shiny!
<< <i>Yea, a lot of us got sucked in on that. I dumped all of mine as the $*** was hitting the fan. >>
I have never regretted on holding on to mine, along with every bullion issued one since. Not interested in the so called "collectors" version, to high a premium above melt just like the burnished ASE's.
I knew it would happen.
<< <i>I like the smaller ASEs, but like derryb - that doesn't mean I don't like the ATBs, because I do. I just don't know quite what to do with them. >>
Play hockey, duh
BST Transactions (as the seller): Collectall, GRANDAM, epcjimi1, wondercoin, jmski52, wheathoarder, jay1187, jdsueu, grote15, airplanenut, bigole
Loves me some shiny!