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orionstarman
Penny Pincher Member
USA
106 Posts |
 Posted - 04/02/2009 : 19:15:44
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AMPEX sell's bags of .999 fine silver shot (BB size balls of silver) from 10oz to over 800oz per bag for only $0.99 to only $0.59 per oz over spot. Do you all think this would be a good way to stock pile silver? The also have silver buffalo's for $2 over spot.
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Those who would give up essential liberty to purchase a little temporary safety deserve neither liberty nor safety.--Benjamin Franklin
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aaron239
Penny Collector Member
USA
260 Posts |
Posted - 04/02/2009 : 19:51:28
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I have mixed feelings about the silver shot myself. Im sure they are silver, but someone buying it from -me- might not know 'for sure' that its silver in the future. For that reason, Im staying away myself for now.
I have seen people selling them for $18/ oz on Ebay. They sell, but seem to be a slow sell. |
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RyanAKL
Penny Pincher Member
USA
224 Posts |
Posted - 04/02/2009 : 20:00:14
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| how many buffalo's do you have to buy from ampex per order? and where do i look? |
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highroller4321
1000+ Penny Miser Member
USA
2648 Posts |
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NotABigDeal
1000+ Penny Miser Member
USA
3890 Posts |
Posted - 04/02/2009 : 20:07:40
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I know of someone here who has bought some. Maybe he will chime in.
Deal |
Live free or die.
Plain and simple.
"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your council or your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen."
- Samuel Adams |
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NotABigDeal
1000+ Penny Miser Member
USA
3890 Posts |
Posted - 04/02/2009 : 20:08:48
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Silver shot that is.
Deal |
Live free or die.
Plain and simple.
"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your council or your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen."
- Samuel Adams |
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RyanAKL
Penny Pincher Member
USA
224 Posts |
Posted - 04/02/2009 : 20:12:12
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| i see, you have to spend atleast $50 or more, shipping is kinda high also, but made an order anyway. thanks |
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highroller4321
1000+ Penny Miser Member
USA
2648 Posts |
Posted - 04/02/2009 : 20:13:02
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quote:
Originally posted by orionstarman
AMPEX sell's bags of .999 fine silver shot (BB size balls of silver) from 10oz to over 800oz per bag for only $0.99 to only $0.59 per oz over spot. Do you all think this would be a good way to stock pile silver? The also have silver buffalo's for $2 over spot.
DONT DONT DONT buy silver shot!!!!!! EXTREMLY hard to get rid of, unless you sell right back to apmex |
Copper Penny Investing
www.portlandmint.com |
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daviscfad
1000+ Penny Miser Member
USA
1664 Posts |
Posted - 04/02/2009 : 20:17:34
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quote:
see, you have to spend atleast $50 or more, shipping is kinda high also, but made an order anyway. thanks
What you had to order at least 50 dollars worth? |
Inquiring minds want to know |
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theo
Penny Hoarding Member
USA
588 Posts |
Posted - 04/02/2009 : 20:27:03
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quote:
Originally posted by highroller4321
quote:
Originally posted by orionstarman
AMPEX sell's bags of .999 fine silver shot (BB size balls of silver) from 10oz to over 800oz per bag for only $0.99 to only $0.59 per oz over spot. Do you all think this would be a good way to stock pile silver? The also have silver buffalo's for $2 over spot.
DONT DONT DONT buy silver shot!!!!!! EXTREMLY hard to get rid of, unless you sell right back to apmex
I think the silver shot would make more sense if you had an industrial use for it. |
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natsb88
Administrator
USA
1850 Posts |
Posted - 04/02/2009 : 20:30:51
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Silver shot is good if you're planning to pour bars, but otherwise I think it would be difficult to sell in quantity. It's always good to have an exit strategy. I think APMEX will buy the silver shot back if the bags are sealed.
APMEX has a minimum order of $50.
If you only want a few, I'm currently selling the buffaloes for $16.25 each. A little more than APMEX, but no minimum and my shipping for a few rounds is under $4 where APMEX starts at $10. Also no extra fee for using PayPal or credit card. |
Nate
The Copper Cave
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RyanAKL
Penny Pincher Member
USA
224 Posts |
Posted - 04/02/2009 : 20:31:17
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quote:
Originally posted by daviscfad
quote:
see, you have to spend atleast $50 or more, shipping is kinda high also, but made an order anyway. thanks
What you had to order at least 50 dollars worth?
yeah it wouldnt let me check out without an order over $50. |
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Market Harmony
1000+ Penny Miser Member
USA
1274 Posts |
Posted - 04/02/2009 : 20:41:37
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quote:
Originally posted by highroller4321
DONT DONT DONT buy silver shot!!!!!! EXTREMLY hard to get rid of, unless you sell right back to apmex
quote:
Originally posted by theoI think the silver shot would make more sense if you had an industrial use for it.
I'll buy all the verified silver shot that you have. But, of course, I have an 'industrial' use for it 
If you buy shot, don't take it out of the sealed packaging if you plan to resell it. All refiners will sell it in sealed, tamper-evident bags. JM and OPM are this way. And APMEX, though not a refiner, also will do this. I believe they get their silver from Penoles, if memory serves me right. Shot can be trusted from APMEX... be wary of retailers on ebay that just have it in a plastic zip lock bag. |
goto the new and improved realcent: http://realcent.org |
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oober
1000+ Penny Miser Member
USA
1304 Posts |
Posted - 04/02/2009 : 20:46:15
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| If your looking for cheap silver, go with 90%, 40% US coins. Recogonizable, and for the most part usually the cheapest overall with excellent resell value... |
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CoinHunter53562
1000+ Penny Miser Member
USA
1805 Posts |
Posted - 04/02/2009 : 21:50:03
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quote:
Originally posted by highroller4321
quote:
Originally posted by orionstarman
AMPEX sell's bags of .999 fine silver shot (BB size balls of silver) from 10oz to over 800oz per bag for only $0.99 to only $0.59 per oz over spot. Do you all think this would be a good way to stock pile silver? The also have silver buffalo's for $2 over spot.
DONT DONT DONT buy silver shot!!!!!! EXTREMLY hard to get rid of, unless you sell right back to apmex
I second that. And if you do buy some, keep the APMEX label on it and keep the bag sealed. Otherwise good luck try convincing someone that it's pure silver when you need to cash in. |
My hobby: collecting real money 1 copper cent or nickel at a time.
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Lemon Thrower
1000+ Penny Miser Member
USA
1588 Posts |
Posted - 04/03/2009 : 04:59:40
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MH - do you buy sterling? do you require sellers to dismantle stainless knive blades, filled handles, etc.?
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Buying:
Peace/Morgan G+ at $15.00
copper cents at 1.3X
wheat pennies at 3X
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Market Harmony
1000+ Penny Miser Member
USA
1274 Posts |
Posted - 04/03/2009 : 09:46:05
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quote:
Originally posted by Lemon Thrower
MH - do you buy sterling? do you require sellers to dismantle stainless knive blades, filled handles, etc.?
It has become undesirable to #1 offer sterling silver and 90% silver products and #2 buy scrap from the public.
I recently sold, via eBay, about 29 troy ounces of sterling bars for a discount on spot price. I lost about $120 on that sale. There doesn't seem to be much demand for it. But, I remember when spot was above $17 and people would pay premiums for any type of silver, so perhaps demand is affected by spot price plus perceived availability of silver in any form. I'm switching my operations to only deal in pure gold, silver, and copper.
The patriot act laws require me to obtain personal data from sellers of scrap, and this process turns off quite a few folks. One realcent member stopped emailling me when I sent him all the paperwork.
I will make commissioned bars of gold and silver. If someone wants to change their scrap into bar form, then they can send it to me and I'll melt it down into whatever they want. You must be logged in to see this link. I do not require for weighting or non-silver metal to be removed. I can do that on my own. It may be in the best interest of the provider of the silver to send it to me in a clean form so they know, in advance, what they can expect in return. |
goto the new and improved realcent: http://realcent.org |
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wagsthadog
Penny Hoarding Member
USA
565 Posts |
Posted - 04/03/2009 : 22:05:59
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Hi there-
JMO, but I wouldn't buy the silver shot- if you want to get silver close to spot, go for the Mexican Silver onzas and cien pesos they have for sale. I could see the silver shot being a nightmare to anyone tryin to sell.
wags |
Only when they CAN'T have it, ......THEN they'll want it.
I love Cents. If you get an UNC box, you win. If you get a regular circ. box, you win. If you get a zinc box, you don't lose....so you still win. |
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Nickelless
Administrator
USA
5580 Posts |
Posted - 04/04/2009 : 05:17:00
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quote:
Originally posted by theo
quote:
Originally posted by highroller4321
quote:
Originally posted by orionstarman
AMPEX sell's bags of .999 fine silver shot (BB size balls of silver) from 10oz to over 800oz per bag for only $0.99 to only $0.59 per oz over spot. Do you all think this would be a good way to stock pile silver? The also have silver buffalo's for $2 over spot.
DONT DONT DONT buy silver shot!!!!!! EXTREMLY hard to get rid of, unless you sell right back to apmex
I think the silver shot would make more sense if you had an industrial use for it.
Making colloidal silver for medicinal purposes is a very possible use, especially if the economy tanks bad enough that people can't go to the doctor and/or antibiotics become prohibitively expensive. I'm not qualified to dispense medical advice, I'm just passing along what others have posted about it. Here's one thread:
You must be logged in to see this link. |
Visit my new preparedness site: Preparedness.cc/SurvivalPrep.net
--Latest article: Stocking up on spices to keep food preps lively
---------------
Be prepared...and prepared to help: http://www.survivalblog.com/charity.html
Are you ready spiritually for hard times? http://www.jesusfreak.com/rapture.asp |
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NotABigDeal
1000+ Penny Miser Member
USA
3890 Posts |
Posted - 04/04/2009 : 14:04:03
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Wow, four of the same posts. Wanna get your point across or what? Hehe.
Deal |
Live free or die.
Plain and simple.
"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your council or your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen."
- Samuel Adams |
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Ardent Listener
Administrator
USA
4841 Posts |
Posted - 04/04/2009 : 16:19:36
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| Recently I noticed AMPEX had .999 bars "of their choice" that they are selling close to spot. I would go with those rather than silver shot. |
Realcent.forumco.com disclosure. Please read.
All posts either by the members, moderators, and the administration of http://realcent.forumco.com are for your edification and amusement only. It is not the intent of realcent.forumco.com or its host to provide investment, medical, matrimonial, legal, security or tax advice and nothing posted here should be considered to be so. All rights reserved.
Think positive. |
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Nickelless
Administrator
USA
5580 Posts |
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starwarsgeek171
Penny Hoarding Member
USA
651 Posts |
Posted - 04/05/2009 : 08:20:39
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| I wish NotaBigDeal was my neighbor. I think I'd sleep better at night. |
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NotABigDeal
1000+ Penny Miser Member
USA
3890 Posts |
Posted - 04/05/2009 : 11:35:43
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quote:
Originally posted by starwarsgeek171
I wish NotaBigDeal was my neighbor. I think I'd sleep better at night.
I can relocate, for a price.... Hehe.
Deal |
Live free or die.
Plain and simple.
"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your council or your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen."
- Samuel Adams |
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PennehChaos.
Penny Collector Member
USA
269 Posts |
Posted - 04/06/2009 : 13:44:57
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quote:
Originally posted by starwarsgeek171
I wish NotaBigDeal was my neighbor. I think I'd sleep better at night.
Only until the Feds broke down your door by mistake 
(j/k Deal) |
Considering Verizon Business service? Perhaps you'd like to consider a nice drain cleaner enema instead? |
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AMPEX Silver shot and silver buffalo's
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