Do you like Canadian silver bars?

PerryHall

I always liked the silver bars produced by the Royal Canadian Mint so I just took advantage of a special deal on eBay by PCE (Pinehurst Coin Exchange) for 100 oz RCM silver bars at 37 cents per ounce over spot with free shipping. Makes me wonder how they make any money on this deal considering the eBay fees, Pay Pal fees, and the cost of insured shipping. I don't see how they make any money on this deal unless they contracted to buy a large quantity of bars when silver was much lower.

derryb

Love the RCM 10 oz silver bars

PerryHall

@derryb said:
Love the RCM 10 oz silver bars

Neat design, made by a major national mint, sealed in plastic, serial number with year of issue, 999.9 fine---they have a lot going for them which is why I also like them and consider them to be a great way to buy silver.

Weiss

Of the newer manufactured bar, they're probably the only one I'd own. They have that same kind of inherently trustworthy look that JM bars have. Somehow they captured a sense of integrity. I don't personally have any. But I wouldn't object under the right circumstances.

Wingsrule

Cool old school, Weiss.

Weiss

@Wingsrule said:
Cool old school, Weiss.

To be clear: that's not mine. I don't own any RCM bars of any size. But I do like the older horizontal style of the RCM bars. The verticals aren't bad, either. Maybe I like these because the horizontal bars look kind of like currency.

PerryHall

@Weiss said:

@Wingsrule said:
Cool old school, Weiss.

To be clear: that's not mine. I don't own any RCM bars of any size. But I do like the older horizontal style of the RCM bars. The verticals aren't bad, either. Maybe I like these because the horizontal bars look kind of like currency.

I have a very nice old style RCM 100 ounce bar that I bought several years ago at near melt. I wouldn't mind buying another but you seldom see them any more and when you do see them they carry a collector premium higher that their melt value. What I particularly like about the new style RCM 100 oz bars is that they show the date that they were made not unlike a coin.

Sango

I love anything and everything RCM, gold and silver. They make incredibly nice stuff. The 2007 .99999 gold maple I've always wanted

Sango

I've had a few 10oz RCM bars over the past few years, gorgeous metals

ricko

They are quite interesting... I do not have any large (100 oz.) bars... maybe I will change that....Cheers, RickO

BAJJERFAN

@PerryHall said:
I always liked the silver bars produced by the Royal Canadian Mint so I just took advantage of a special deal on eBay by PCE (Pinehurst Coin Exchange) for 100 oz RCM silver bars at 37 cents per ounce over spot with free shipping. Makes me wonder how they make any money on this deal considering the eBay fees, Pay Pal fees, and the cost of insured shipping. I don't see how they make any money on this deal unless they contracted to buy a large quantity of bars when silver was much lower.

Look at it like junk mail in that if it wasn't worthwhile they wouldn't be doing it. I expect that they pay little or no eBay fees [or eBay might even pay them] otherwise it wouldn't be an attractive option. Plus if you use a CC, there is usually the matter of reward points which in this case are likely absorbed by PCE.

carew4me

I don't like any inferior Canadian bars.

I will only buy Engelhard or Johnson Matthey!