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snappy
Penny Collector Member
USA
301 Posts |
 Posted - 02/08/2010 : 15:06:05
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Selling Ryedale sorted USA cents
1.5 each + shipping over 500fv 1.5 each +1/2 shipping
If you pick up 1.35 each
located MT/ND boarder.
after Ryedale sorting they are hand sorted to remove canadian then rechecked with Ryedale to insure all copper and count out $50 FV then placed in cloth bags and sealed with #1 copper wire. |
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highroller4321
1000+ Penny Miser Member
USA
2648 Posts |
Posted - 02/08/2010 : 15:42:18
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100oz bars in my mind are unsafe because you never know if they are drilled and filled.
If you wait you can join our group buy...think we are looking at 10oz bars but won't know till we hit our price point. Look in the members only section for the thread. |
Copper Penny Investing
www.portlandmint.com |
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Lemon Thrower
1000+ Penny Miser Member
USA
1588 Posts |
Posted - 02/08/2010 : 17:12:09
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i like 90%. its small and liquid and recognizable.
some don't like it because it was hard to sell during the 1980 spike. i think since then its recognized as liquid rather than junk. to me, generic bars are junk compared to US minted coins.
hard to sell 100 oz bars except to very large outfits. |
Buying:
Peace/Morgan G+ at $15.00
copper cents at 1.3X
wheat pennies at 3X
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dakota1955
1000+ Penny Miser Member
2212 Posts |
Posted - 02/08/2010 : 17:16:34
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| I like 90% the best and what below spot would that if you had to sell 100 oz bar |
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redneck
1000+ Penny Miser Member
1273 Posts |
Posted - 02/08/2010 : 17:44:03
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quote:
Originally posted by Lemon Thrower
i like 90%. its small and liquid and recognizable.
some don't like it because it was hard to sell during the 1980 spike. i think since then its recognized as liquid rather than junk. to me, generic bars are junk compared to US minted coins.
hard to sell 100 oz bars except to very large outfits.
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slickeast
1000+ Penny Miser Member
USA
2533 Posts |
Posted - 02/08/2010 : 17:51:46
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| I agree that 100 oz bars are hard to sell. 90 percent is easy to sell. You can sell it one silver dime at a time. Not everyone can or wants to spend 1500+ on one bar. |
You don't have to be the BEST you just have to be.......SLICK
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Market Harmony
1000+ Penny Miser Member
USA
1274 Posts |
Posted - 02/08/2010 : 18:00:27
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The 100 oz bar is already at industry standards for purity. 90% would either have to be sold to another person or sent to a refinery which will have to charge you a fee to refine. Their buyers only want pure metal.
Few individuals would want to buy a $500 bag of quarters, unless they were going to break it apart to sell at a profit. You're better off with the 100 oz bar, in my opinion. There are some ways to tell if a 100 bar has been drilled and filled. It doesn't happen often, but I've seen other people's evidence that it has... even with the Englehard bars. |
goto the new and improved realcent: http://realcent.org |
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bman
Penny Collector Member
USA
425 Posts |
Posted - 02/08/2010 : 18:17:54
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| I voted for the coins, if silver ever takes a dive in price the coins will still have some numismatic value. If it ever got really bad you could even spend the coins. |
check out my coins for sale on ecrater : http://bmanscoinsforsale.ecrater.com/ |
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marine70
Penny Pincher Member
USA
150 Posts |
Posted - 02/08/2010 : 18:31:36
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| 90% is the way to go if SHTF you could actually spend them at there silver level. |
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redneck
1000+ Penny Miser Member
1273 Posts |
Posted - 02/08/2010 : 18:38:02
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quote:
Originally posted by Market Harmony
The 100 oz bar is already at industry standards for purity. 90% would either have to be sold to another person or sent to a refinery which will have to charge you a fee to refine. Their buyers only want pure metal.
Few individuals would want to buy a $500 bag of quarters, unless they were going to break it apart to sell at a profit. You're better off with the 100 oz bar, in my opinion. There are some ways to tell if a 100 bar has been drilled and filled. It doesn't happen often, but I've seen other people's evidence that it has... even with the Englehard bars.
Whenever I see bags of 90% offered for sale they usually don't last very long.
I feel a lot of buyers are fine with 90%. You really don't lose anything because normally you pay 10% back of full spot to begin with.
quote:
Few individuals would want to buy a $500 bag of quarters, unless they were going to break it apart to sell at a profit.
Isn't that the point ???
I mean other than preserving wealth that is.
I guess what it really all boils down to is what your long and short term goals are.
In other words.
To each their own...
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beauanderos
1000+ Penny Miser Member
USA
2408 Posts |
Posted - 02/08/2010 : 18:55:14
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If you buy the 100 oz bar your options are limited. You may get a better price (lower premium) on it than 90%, but the only thing you can do is sell it for profit. You'll never be able to spend it, which you can do with 90% if you ever need to barter. Michael has a point, though, that the standard recognized purity would avert having to smelt it for the silver content. There's a place in every portfolio for both, particularly if you have a larger amount to invest, but I would start off with 90% myself. JMHO  |
Hoard now and hold on!
http://coppermillions.blogspot.com/
http://wherewillyoubein2012.blogspot.com/ |
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highroller4321
1000+ Penny Miser Member
USA
2648 Posts |
Posted - 02/08/2010 : 20:24:33
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quote:
Originally posted by Market Harmony
The 100 oz bar is already at industry standards for purity. 90% would either have to be sold to another person or sent to a refinery which will have to charge you a fee to refine. Their buyers only want pure metal.
Few individuals would want to buy a $500 bag of quarters, unless they were going to break it apart to sell at a profit. You're better off with the 100 oz bar, in my opinion. There are some ways to tell if a 100 bar has been drilled and filled. It doesn't happen often, but I've seen other people's evidence that it has... even with the Englehard bars.
Englehard 100oz bars are the most commonly faked or drilled bars. I personally have aseen a fake 100oz bar and have seen many pictures of 100oz bars.
If you want to know about 100oz bars just talk to a dealer who was in business during the 1980's rush. 100oz bars were very hard to move because the dealers didn't want to get stuck with a fake. |
Copper Penny Investing
www.portlandmint.com |
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Mcprice302
Penny Collector Member
USA
404 Posts |
Posted - 02/08/2010 : 21:51:32
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| I'm not one who ever anticipates bartering for survival. That being said, I still like the 90% over a 100oz. bar. You can break that up any way you want it and sell at different price points instead of just all at once. Like what others have said already, its kinda hard to sell a 100oz. bar unless your going with a dealer of some kind. If you wanted a private, cash, tax-free deal, forget about the large bars. 90% wins hands down in this choice. |
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oober
1000+ Penny Miser Member
USA
1304 Posts |
Posted - 02/09/2010 : 11:47:34
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| If these are the only 2 options I would go with the 90%... Where's the 10oz option... This is what you sould be buying even if you are paying a little premium... Silver is discounted right now... Buy, Buy!!! |
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garnede
Penny Collector Member
USA
386 Posts |
Posted - 02/09/2010 : 12:05:18
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| go with the lower price over spot. |
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need some input what to buy.
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