Question on Kilo bars

CNote

I notice there's a pretty high premium on PAMP kilo bars (silver) compared to an APMEX bar. Down the line, think one would be harder to move? And, think the premium on the PAMP could be retained?

MsMorrisine

premium retained

OPA

<< <i>I notice there's a pretty high premium on PAMP kilo bars (silver) compared to an APMEX bar. Down the line, think one would be harder to move? And, think the premium on the PAMP could be retained? >>



If this is any consolation: All PAMP bars carry a high premium and have so for over 30 years. However, that is no guarantee that they will do so in the future.

FYI......PAMP - Produits Artistiques Métaux Précieux, more commonly known as PAMP, is a leading gold, silver and platinum group metals refinery based in Castel St Pietro, Switzerland. Originally established in 1977, PAMP SA was acquired by MKS in 1981.

Interesting brief history of PAMP

PAMP history

PerryHall

Both have 32.15 Troy ounces of pure silver. Some are willing to pay a premium for the PAMP name and others aren't willing to pay a premium. Your choice.

rawteam1

for those big ones no...
for the smaller ones, to much risk for 1 oz silver that most will eventually find out they r common...

calleocho

During this recent downturn in prices most of PAMP's silver products have sold out at APMEX...there is real demand for their bars.

Yukoncornelius1

What about a 500 gram PAMP silver bar? I was offered one for $5 over spot last week but turned it down because I felt the premium was to high.

rawteam1

<< <i>During this recent downturn in prices most of PAMP's silver products have sold out at APMEX...there is real demand for their bars. >>



its highly likely they do not keep many in stock, hence the "sell out"...

just look at the pamp gold... 1% or so premie buyin... spot or less sellin, so will the silver pamp go...
just remember the cardboard isnt worth more than the silver...

LukeMarshall

It is my experience that the PAMP kilo bars (Poured) have the lowest Premium of all the Pamp Silver Products...

It will not be hard to shift just like the next kilo, but might actually be preferred over the apmex kilo.

collectall

i have a credit suisse 100 oz bar i paid too much for but id be willing to sell if the price was right... i also got acredit suisse kilo bar i paid too much for, and half kilo pamp suisse and a 500 gram pamp with the assy cards, i bought them when silver was 35- an oz for 5 an oz over.. so i got a lot into them , but if sumone was a collector and wanted to take sumthin ff my hands id be willing to entertain an offer..

rawteam1

was there a legitimate compelling reason to pay so much for them?...