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Monarch Precious Metals is now selling 50 gram silver buttons..

kiyotekiyote Posts: 5,573 ✭✭✭✭✭
They look great! The premium is reasonable, too.

50 gram bars
"I'll split the atom! I am the fifth dimension! I am the eighth wonder of the world!" -Gef the talking mongoose.

Comments

  • OPAOPA Posts: 17,121 ✭✭✭✭✭
    Not so sure about the "reasonable" premium....$3 to $4 above spot. After all, it's only bullion and I can get ASE's for a similar price.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • Steve27Steve27 Posts: 13,274 ✭✭✭
    Odd size, crude look, and expensive; no thanks:

    image
    "It's far easier to fight for principles, than to live up to them." Adlai Stevenson
  • I like them image
  • mrpaseomrpaseo Posts: 4,753 ✭✭✭
    I wouldn't mind owning one. I appreciate that they are trying to give the customer what they want but the premiums are a little high for my liking.

    Thanks for sharing,
    Ray
  • kiyotekiyote Posts: 5,573 ✭✭✭✭✭
    I wasn't pitching them so much as for investment but as a neat collectable or a gift, paperweight, what have you. Monarch's line is varied enough now it could be fun to try and get one of each bar size they make. Premiums on the larger bars are more in line with the market.
    "I'll split the atom! I am the fifth dimension! I am the eighth wonder of the world!" -Gef the talking mongoose.
  • JohnnyCacheJohnnyCache Posts: 1,762 ✭✭✭✭✭


    << <i>I wasn't pitching them so much as for investment but as a neat collectable.....collect one of each.... >>



    I bought two just for the reason mentioned, I already had two each of the other bars, with the exception of the kilo and 50oz bars.
    Initially, before I had them in hand, I thought the look was nice, but in hand something looked a little off from how it looked online.
    I think it could be that they blacken the seal for the pictures on the web site, providing a more contrasted look between the pressed Monarch seal and the bar itself, and that could be throwing it off for me.
    Monarch's pricing tends to be a little on the higher side so I try, as best anyone can, to time my purchases around a discount offer and if possible a dip on the spot price.
    The savings is small but it helps trim a little off of the premium.
    All in all, I enjoy the two ounce size the most.


    JC

    image


    image







  • kiyotekiyote Posts: 5,573 ✭✭✭✭✭
    Nice, Johnny! Thanks for sharing. I'll probably end up ordering one myself.
    "I'll split the atom! I am the fifth dimension! I am the eighth wonder of the world!" -Gef the talking mongoose.
  • mrpaseomrpaseo Posts: 4,753 ✭✭✭


    << <i>

    << <i>I wasn't pitching them so much as for investment but as a neat collectable.....collect one of each.... >>



    I bought two just for the reason mentioned, I already had two each of the other bars, with the exception of the kilo and 50oz bars.
    Initially, before I had them in hand, I thought the look was nice, but in hand something looked a little off from how it looked online.
    I think it could be that they blacken the seal for the pictures on the web site, providing a more contrasted look between the pressed Monarch seal and the bar itself, and that could be throwing it off for me.
    Monarch's pricing tends to be a little on the higher side so I try, as best anyone can, to time my purchases around a discount offer and if possible a dip on the spot price.
    The savings is small but it helps trim a little off of the premium.
    All in all, I enjoy the two ounce size the most.


    JC

    image >>



    Let's see the Rolex image

    Seriously though, I'm not sure what I expected when I saw the black writting, I do not like any bullion "Colored". Thanks for the photo/size comparison.

    On a side note... When I first saw the listing I thought 50 grams was a troy ounce... Looking it up I found that 50 grams equals 1.60753733 troy ounces. With spot at $21.99 that makes the melt value about $35.34 right? Hmmmm... Premium still a little high but if they are "Hand poured" they do deserve a premium.

    I like them as a collectable as you mention rather than for the stack. image Thanks for sharing.

    Ray
  • mrpaseomrpaseo Posts: 4,753 ✭✭✭
    Let us know when they have a sale so I can pick one up image
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