Silver coins or Bars/rounds?

laxmaster92 · August 15, 2008 2:55PM

Which is a better way to hold silver and which is easier to sell?
There are pros and cons for each. What is your opinion?

FishyOne · August 15, 2008 3:05PM

I prefer 90% silver US coins that grade VG or better. No real logic there, that's just what I like.

At the current prices I'd love to find some decent, pre-'64 silver coins at 9X face but it's not going to happen this weekend!

storm888 · August 15, 2008 3:15PM

I like:

ASE Rolls

10 oz. bars

1 oz. bars

100 oz. bars

90%

............

"Generic Silver-Rounds" are my least favorite. They can be
difficult to move in some markets.

THEONLYTBONE · August 15, 2008 9:09PM

The bigger the better IMO, all the 90% is great to have but it takes A LOT of room to hold it.

But the bars also are harder to get rid of, the 100 oz'er anyway.............10's and less arent very hard.

ebaytrader · August 16, 2008 12:02AM

90% is the smartest way to own silver.

1. The fineness is unquestionable.
2. Buy or sell in very small / medium / or large lots.
3. Readily available with a strong and broad based market. See if you can find bars.& rounds right now.
4. Lowest buy / sell spreads among various forms
5. In the worst of times - IT'S STILL MONEY! YOU CAN SPEND IT.

fc · August 16, 2008 1:15AM

<< <i>I like:

ASE Rolls

10 oz. bars

1 oz. bars

100 oz. bars

90%

............

"Generic Silver-Rounds" are my least favorite. They can be
difficult to move in some markets. >>

agree. engelhard bars and JM bars are the easiest to sell and most
trusted. bars all the way. ASEs i have found have too much of a premium :-|

konsole · August 16, 2008 4:24AM

This is what I bought:

50% 1 oz. rounds
50% 10 oz. bars
1 50 oz. bar

I considered what would be best when it comes time to sell and figured that 1 oz. rounds are small enough to sell small amounts of silver and I figured the rounds may have a slight premium over the bars. I bought the 10 oz. bars because I think they are the perfect amount of "significant" silver fitting just right in your hand and there good for selling moderate - large amounts of silver. Then I just bought 1 50 oz. bar because its the perfect "hey look what I got" piece to show off to friends while not worrying too much about the possibility of it being filled with a cheaper metal.

57loaded · August 16, 2008 5:03AM

as far as selling you would want only Engelhard or JM bars and "prospector" rounds, or ASE or 90% silver

as far as actually using these for trade/barter in conjunction or in place of fiat money, then 90% silver preferably 1964 kennedy and roosie dimes and washington quarters, then ASE then rounds, then 10oz bars for filling up the RV.

ChrisRx · August 16, 2008 5:35AM

What about a 1000oz bar?

FishyOne · August 16, 2008 5:50AM

"What about a 1000oz bar? "

I don't hear much about the 1000oz bars. Do have a good link to one for sale? That would be one huge chunk of silver!

SUMORADA · August 16, 2008 11:27AM

Here's a 100oz. bar on the bay...1 bid 1500.00 with about 5 minutes left.

link

edited to add I do not know this person.

fc · August 16, 2008 11:59AM

<< <i>"What about a 1000oz bar? "

I don't hear much about the 1000oz bars. Do have a good link to one for sale? That would be one huge chunk of silver! >>

just go to an online silver seller such as ampex. they will get you a
1000 oz bar.

laxmaster92 · August 16, 2008 12:06PM

so generic silver rounds arent good for holding physical silver

fc · August 16, 2008 12:09PM

<< <i>so generic silver rounds arent good for holding physical silver >>

it is not that it is "not good", it is not the most trusted thus it falls
to the bottom of the ladder when it comes to what people want
when purchasing.

i can tell you right now i would rather have 100 oz of engelhard
silver, a trusted name everywhere, then the "morgan mint" 100-
1 Oz rounds.

it is that type of thinking. the engelhard will fetch a 50 cents more
per ounce premium when selling. just look at ebay for example.
unknown sells very close to spot. engelhard gets a premium.

which would you rather have? ;-)

roadrunner · August 16, 2008 4:58PM

If you can pick up the sovereign silver (ASE, Maple Leafs, Libertads, etc ) for small premiums to melt, they tend to hold their value better in the down turns. But I won't pay the premium that large sellers are asking for them now. If you don't have a lot of silver, the 90% route is not bad since you have fine units of silver that is of unquestioned quality. Where else can you get a Roosy dime "bar" and use it to buy something?

roadrunner

Silver coins or Bars/rounds?

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