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Silver bars
fleaseyelash
Posts: 13 ✭
Do you get a better price for silver bars than 90% coins when selling to a coin shop. How close to spot if so.
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My go to online dealer is buying $100 face .90 coins for $3858 and 10 oz. .999 generic bars for $597. Do the math and let us know the results.
"Money does not care about speeches on morality. Capital asks whether the rules will remain the same tomorrow. With inflation, people assume price is the problem, and propose regulation—but price is simply the message." - Martin Armstrong
Are you talking generic bars or name brand, what size bars and what quantity? Those factors matter.
I knew it would happen.
Both types of bars.generic and name brand. Mostly 1-5 ounce bars.I want to hold on to 100 0unce .
Just to compare apples to apples, since 90%, excluding dollars, is .715 troy ozs, at $59.7, its worth $42.68. So you are getting a 10% haircut on the 90%, not a 35% cut.
I don't take haircuts, I'm the barber.
"Money does not care about speeches on morality. Capital asks whether the rules will remain the same tomorrow. With inflation, people assume price is the problem, and propose regulation—but price is simply the message." - Martin Armstrong
don't get 100 oz. they don't resell for as much as 10 10oz.
feel free to fact check as my info is 5 years old or more
as silver moves up, if you're not gettting 1 oz silver eagle then get 1oz generic buffalo/indian rounds that are very popular
getting 1oz will be easier to move at $100 oz than a 5oz for $500 in one transaction