Is this Engelhard worth much?
MorganMan94
Posts: 1,330 ✭✭✭✭✭
Hello everyone,
So I collect a bit of bullion here and there, normally generic and as close to spot as I can find it. I recently ran across this Engelhard and have seen some sell for pretty good prices, and this one is reasonable compared to most I have seen. What kind of premium would this carry over spot? Is there anything of value in the repeating serial number? I just want to make sure if I am paying a premium over spot that when I go to sell it I will recover that premium.
I cannot figure out how to upload photos here, here is a link to a photo I uploaded.
https://collectivecoin.com/MMi...8/zWGZOeVb4wqWvFW07vFP
Thanks!
So I collect a bit of bullion here and there, normally generic and as close to spot as I can find it. I recently ran across this Engelhard and have seen some sell for pretty good prices, and this one is reasonable compared to most I have seen. What kind of premium would this carry over spot? Is there anything of value in the repeating serial number? I just want to make sure if I am paying a premium over spot that when I go to sell it I will recover that premium.
I cannot figure out how to upload photos here, here is a link to a photo I uploaded.
https://collectivecoin.com/MMi...8/zWGZOeVb4wqWvFW07vFP
Thanks!
0
Comments
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
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
Of the stamped types the "Big E" examples are uncommon and command a premium.
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
Some Engelhard poured 100 oz ingots command a collector premium on ebay. Its usually just a few dollars per ounce over melt as the price of admission discourages most from collecting 100's by type.
Of the stamped types the "Big E" examples are uncommon and command a premium.
Or people being smart enough to not wrap up what some may consider a large amount of money into just one thing. I'd rather have 100 1 oz'ers, or even 20 5 oz'ers, because if I'm in a cash crunch it's far more easier to sell only the amount needed in cash vs. 1 large thing that the average person doesn't want, or as you say, can't afford.
Some Engelhard poured 100 oz ingots command a collector premium on ebay. Its usually just a few dollars per ounce over melt as the price of admission discourages most from collecting 100's by type.
Of the stamped types the "Big E" examples are uncommon and command a premium.
Or people being smart enough to not wrap up what some may consider a large amount of money into just one thing. I'd rather have 100 1 oz'ers, or even 20 5 oz'ers, because if I'm in a cash crunch it's far more easier to sell only the amount needed in cash vs. 1 large thing that the average person doesn't want, or as you say, can't afford.
$2000 is a large amount of money?
Knowledge is the enemy of fear
Some Engelhard poured 100 oz ingots command a collector premium on ebay. Its usually just a few dollars per ounce over melt as the price of admission discourages most from collecting 100's by type.
Of the stamped types the "Big E" examples are uncommon and command a premium.
Or people being smart enough to not wrap up what some may consider a large amount of money into just one thing. I'd rather have 100 1 oz'ers, or even 20 5 oz'ers, because if I'm in a cash crunch it's far more easier to sell only the amount needed in cash vs. 1 large thing that the average person doesn't want, or as you say, can't afford.
$2000 is a large amount of money?
Not to me but to many it is a lot of money. When I was much younger making mortgage payments and raising a family it was a lot of money.
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
Some Engelhard poured 100 oz ingots command a collector premium on ebay. Its usually just a few dollars per ounce over melt as the price of admission discourages most from collecting 100's by type.
Of the stamped types the "Big E" examples are uncommon and command a premium.
Or people being smart enough to not wrap up what some may consider a large amount of money into just one thing. I'd rather have 100 1 oz'ers, or even 20 5 oz'ers, because if I'm in a cash crunch it's far more easier to sell only the amount needed in cash vs. 1 large thing that the average person doesn't want, or as you say, can't afford.
$2000 is a large amount of money?
Not to me but to many it is a lot of money. When I was much younger making mortgage payments and raising a family it was a lot of money.
Point is if 2000 is a lot of money to someone they should not be buying PMs.
Knowledge is the enemy of fear
Some Engelhard poured 100 oz ingots command a collector premium on ebay. Its usually just a few dollars per ounce over melt as the price of admission discourages most from collecting 100's by type.
Of the stamped types the "Big E" examples are uncommon and command a premium.
Or people being smart enough to not wrap up what some may consider a large amount of money into just one thing. I'd rather have 100 1 oz'ers, or even 20 5 oz'ers, because if I'm in a cash crunch it's far more easier to sell only the amount needed in cash vs. 1 large thing that the average person doesn't want, or as you say, can't afford.
$2000 is a large amount of money?
Huh? That makes no sense. Even people with modest incomes can buy PM's. A couple of ASE's purchased every now and then can add up over a period of a few years. PM's are a long term investment after all.
Not to me but to many it is a lot of money. When I was much younger making mortgage payments and raising a family it was a lot of money.
Point is if 2000 is a lot of money to someone they should not be buying PMs.
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
But maybe they can buy a $2 or $20 or $200 PM Item? There's a useless silver fetish totem item for every budget!
Liberty: Parent of Science & Industry
Seems you guys are saying the same thing: if $2000 is a lot of money to someone, they probably should not be buying $2000 PM items.
But maybe they can buy a $2 or $20 or $200 PM Item? There's a useless silver fetish totem item for every budget!
THIS^^^
Some people just don't get it, and never will which is a big part of the problem why the country is the way it is...but that's a whole different subject. Let's not go there, I already have to take BP meds.
Besides that, the ENTIRE point I made was missed except for Baley.
Seems you guys are saying the same thing: if $2000 is a lot of money to someone, they probably should not be buying $2000 PM items.
But maybe they can buy a $2 or $20 or $200 PM Item? There's a useless silver fetish totem item for every budget!
If all one had is 2000 to buy PMs them they shouldn't waste their money on paying premium. Get as many ounces as p9ss8ble.
That's the point.
Knowledge is the enemy of fear
and that's why most of us said, "sorry, boring bar, very little premium" to the OP
Liberty: Parent of Science & Industry
Some Engelhard poured 100 oz ingots command a collector premium on ebay. Its usually just a few dollars per ounce over melt as the price of admission discourages most from collecting 100's by type.
Of the stamped types the "Big E" examples are uncommon and command a premium.
Or people being smart enough to not wrap up what some may consider a large amount of money into just one thing. I'd rather have 100 1 oz'ers, or even 20 5 oz'ers, because if I'm in a cash crunch it's far more easier to sell only the amount needed in cash vs. 1 large thing that the average person doesn't want, or as you say, can't afford.
+1
PM's always have a MARKET Price= you can always find
Collectables have a DEMAND price = price paid is the Market/eBay for example
This use to be a PM forum for stackers. Confusing PM's & collectables seems to be the norm last few years.
PM's always have a MARKET Price= you can always find
Collectables have a DEMAND price = price paid is the Market/eBay for example
Good point and a good reminder.
Precious Metals
This is forum for the discussion of precious metals and how that relates to coin collecting.
Liberty: Parent of Science & Industry
The "official" CU description of this forum:
Precious Metals
This is forum for the discussion of precious metals and how that relates to coin collecting.
Ahh, no wonder the discussion has fallen off the cliff here with that literal definition taking hold. lol