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Silver Surfer
Penny Pincher Member
USA
148 Posts |
 Posted - 05/14/2009 : 16:21:41
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10 oz hand poured, loaf-style silver bars $0.79 over spot any quantity.
Shipping and handling for this bar will be $6.95.
Not too shabby.
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"Of all tyrannies, a tyranny exercised for the good of it's victims may be the most oppressive. It may be better to live under robber barons than under omnipotent moral busy-bodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end, for they do so with the approval of their own conscience." - C.S. Lewis |
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Dalsuh
Penny Hoarding Member
USA
757 Posts |
Posted - 05/14/2009 : 17:58:40
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Before you purchase from them ask this guy if there's any discounts:
You must be logged in to see this link. If he still has his own promo code, you can get a discount(I think it was $5).
Just to let everyone know, I personally do not own any Monarch silver. It's just not my "flavor". |
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Ardent Listener
Administrator
USA
4841 Posts |
Posted - 05/14/2009 : 18:35:53
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| Nice looking bars. |
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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natsb88
Administrator
USA
1850 Posts |
Posted - 05/14/2009 : 18:54:02
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Coupon code for $5 off: Monarch5
(expires 6/1) |
Nate
The Copper Cave
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Silver Surfer
Penny Pincher Member
USA
148 Posts |
Posted - 05/14/2009 : 21:38:02
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quote:
Originally posted by Dalsuh
Before you purchase from them ask this guy if there's any discounts:
You must be logged in to see this link. If he still has his own promo code, you can get a discount(I think it was $5).
Just to let everyone know, I personally do not own any Monarch silver. It's just not my "flavor".
That particular individual no longer has any association with Monarch Precious Metals. He was displeased with them because they didn't agree with his terms regarding compensation for his endorsement to his viewers on YouTube.
As natsb88 already posted earlier...the $5.00 discount code to use is Monarch5. MPM sells many of their bars on ebay as well.
I have one of their bars - a 10 oz bar. I really like it. |
"Of all tyrannies, a tyranny exercised for the good of it's victims may be the most oppressive. It may be better to live under robber barons than under omnipotent moral busy-bodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end, for they do so with the approval of their own conscience." - C.S. Lewis |
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Silver Surfer
Penny Pincher Member
USA
148 Posts |
Posted - 06/28/2009 : 21:39:51
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New sale
1/10 troy ounce .999 silver rounds
free shipping up to 20 pieces this item only
$2.90 per 1/10 troy ounce .999 silver round
You must be logged in to see this link.
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"Of all tyrannies, a tyranny exercised for the good of it's victims may be the most oppressive. It may be better to live under robber barons than under omnipotent moral busy-bodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end, for they do so with the approval of their own conscience." - C.S. Lewis |
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Corsair
Penny Hoarding Member
811 Posts |
Posted - 06/28/2009 : 22:01:48
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quote:
Originally posted by Silver Surfer
New sale
1/10 troy ounce .999 silver rounds
free shipping up to 20 pieces this item only
$2.90 per 1/10 troy ounce .999 silver round
You must be logged in to see this link.
How is $2.90 for 1/10 oz. of silver a sale? That's ridiculous! Or am I reading something wrong?
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So long, Realcent 1. Come visit us at Realcent.org! |
Edited by - Corsair on 06/28/2009 22:03:39 |
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Neckro
1000+ Penny Miser Member
Saudi Arabia
2080 Posts |
Posted - 06/28/2009 : 22:03:06
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| 29bucks an ounce. I guess you're paying for the novelty of it. |
Trolling is an art. |
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highroller4321
1000+ Penny Miser Member
USA
2648 Posts |
Posted - 06/28/2009 : 22:07:21
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quote:
Originally posted by Neckro
29bucks an ounce. I guess you're paying for the novelty of it.
Yup! Its pointless to make 1/10 ounce silver! |
Copper Penny Investing
www.portlandmint.com |
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Silver Surfer
Penny Pincher Member
USA
148 Posts |
Posted - 06/28/2009 : 22:35:37
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| As we all know, there are those who think fractional silver will be necessary in the event of some kind of economic collapse. $29.00 for 1 oz of silver is ridiculous but compared to most other sites with similar offerings, this is the best price I've been able to find. Please find a better price and post it if you can find it. |
"Of all tyrannies, a tyranny exercised for the good of it's victims may be the most oppressive. It may be better to live under robber barons than under omnipotent moral busy-bodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end, for they do so with the approval of their own conscience." - C.S. Lewis |
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natsb88
Administrator
USA
1850 Posts |
Posted - 06/28/2009 : 22:36:56
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quote:
Originally posted by Corsair
That's ridiculous!
No, not really.
Figure the silver costs them $1.30 - $1.40 in raw form (shot, large bars, or perhaps sheet). If it's bars or shot, they have to melt and pour some flat bars. Then they roll it out to the correct thickness. Then punch a circle out. Then they strike the round with a set of dies, which probably cost a few grand to have made. Then they inspect it, and put it into inventory.
Then you place an order for $2.90. Credit card or PayPal just took 39 cents in fees. Now somebody has to get the details of your order from the website and record the transaction in their financial software. Now they have to print out a packing slip and send it to fulfillment. Somebody has to pick up the packing slip, find the item, package it, sign off on it, and print a shipping label. Even if they just sent it in a regular envelope, postage is a minimum of 44 cents.
$2.90 sale
- $0.39 cc fee
- $1.40 material
- $0.44 postage
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$0.67
That does NOT include any of the overhead or labor costs. In all likelihood, they lose money on a transaction like that. Most people order multiples, but when you run a business, you always have to plan for a "worst case scenario" and try to price your products so that you don't lose out on the transaction, no matter what the order is like.
Novelty? Maybe. Ridiculously priced? Absolutely not. Too often we look strictly at the melt value, or that paper spot price (which many of the same people that complain about pricing too far over spot swear is manipulated anyway), and forget that real people have to make the things, operate the business, and put food on their families' tables.
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Nate
The Copper Cave
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Silver Surfer
Penny Pincher Member
USA
148 Posts |
Posted - 06/30/2009 : 20:15:41
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quote:
Originally posted by highroller4321
quote:
Originally posted by Neckro
29bucks an ounce. I guess you're paying for the novelty of it.
Yup! Its pointless to make 1/10 ounce silver!
Seems as though this is a very short sighted point of view. Given that the price of silver is not static and the economic future is less than certain, how does one defend this position with such absolute certainty? |
"Of all tyrannies, a tyranny exercised for the good of it's victims may be the most oppressive. It may be better to live under robber barons than under omnipotent moral busy-bodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end, for they do so with the approval of their own conscience." - C.S. Lewis |
Edited by - Silver Surfer on 06/30/2009 20:24:22 |
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AGgressive Metal
Administrator
USA
1937 Posts |
Posted - 06/30/2009 : 21:45:29
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quote:
Originally posted by Silver Surfer
quote:
Originally posted by highroller4321
quote:
Originally posted by Neckro
29bucks an ounce. I guess you're paying for the novelty of it.
Yup! Its pointless to make 1/10 ounce silver!
Seems as though this is a very short sighted point of view. Given that the price of silver is not static and the economic future is less than certain, how does one defend this position with such absolute certainty?
I would just buy pre-64 dimes if I wanted small barter units. They will be more widely accepted than some obscure mint. You could also cut one ounce rounds into "pieces of eight" like the old days! |
And he that hath lyberte ought to kepe hit wel / For nothyng is better than lyberte / For lyberte shold not be wel sold for alle the gold and syluer of all the world.
-Caxton's edition of Aesop's Fables, 1484 |
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CoinHunter53562
1000+ Penny Miser Member
USA
1805 Posts |
Posted - 06/30/2009 : 23:27:55
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| Agree with AGgressiveMetal! 90% silver dimes are the way to go. They are easily and widely recognized as govt issued silver coins versus a mint that I didnt even know existed until 3 months ago. I just bought some silver dimes at a coin show last Friday for under $1/each so to me, that's the way to go. |
My hobby: collecting real money 1 copper cent or nickel at a time.
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Silver Surfer
Penny Pincher Member
USA
148 Posts |
Posted - 07/01/2009 : 00:24:37
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As the supply of pre-65 silver coins diminishes (since they are no longer minted), wouldn't there be a demand or need for the replenishment of fractional silver in the future? Is there enough pre-65 silver coinage minted to meet the needs of future consumers as bartering/trade units as well as support a vast amount of commercial activity?
Since .999 silver is .999 silver and higher in purity than the pre-65 silver coins, this may lend credibility to the notion that a .999 fractional silver round could be considered more desireable as an accepted means of trade than a pre-65 90% silver coin. Right? Wrong? Maybe?
Thanks for the responses. |
"Of all tyrannies, a tyranny exercised for the good of it's victims may be the most oppressive. It may be better to live under robber barons than under omnipotent moral busy-bodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end, for they do so with the approval of their own conscience." - C.S. Lewis |
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AGgressive Metal
Administrator
USA
1937 Posts |
Posted - 07/01/2009 : 00:35:24
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| Well I think the key-word is "in the future" and there are a lot of things that could happen between now and then. For right now, its perfectly easy for everyone on this board to acquire thousands of dollars in pre-65 silver coins assuming they have the cash. In my opinion, hyper-inflation will have to persist for quite a long time before the average American starts to even consider precious metals as an alternative to buy and sell with. |
And he that hath lyberte ought to kepe hit wel / For nothyng is better than lyberte / For lyberte shold not be wel sold for alle the gold and syluer of all the world.
-Caxton's edition of Aesop's Fables, 1484 |
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Cupronickel
Penny Pincher Member
USA
110 Posts |
Posted - 07/05/2009 : 08:58:33
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| I don't think private mint .999 fractionals really make sense for serious acquisition of silver. I've always viewed them as collector's items. I recently got a few Englehard 1/10, 1/4 and 1/2 oz rounds, just as collectables. If there is a need for fractional Ag in the future, I agree that 90% US coinage is the way to go. |
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Monarch Precious Metals sale
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