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 Replies: 44 / Views: 4,545 |
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New Member
 United States
8 Posts |
i covered up the serials for safety I guess? I dont know realy just trying to be safe,,these bars I got are a few numbers apart and low very low 200s,,,,lower then any sold on ebay for the moment,,wow everyone says sell these and get more silver,, I here you been thinking about it, tough decision,, my question is why are these the fab right now and what made these jump so <watch the language> high in the first place,,between 2 or 3 rich people heck they got there bars now,, I'm going nuts would like more silver though, even if I get 1650 or more if silver doubles thats 3300 or more per bar wow,,ya mabe I'm going to drink on this one---still looking for info one these bars, you can look up coin mintage mabe there is a book or website for engelhard bars? anyone,, ok guys got to go have a good one |
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Pillar of the Community
United States
3294 Posts |
Ummm, if these bars are selling for 1600 now, and silver doubles, they will still sell for 1600. Their price has little to do with the price of silver.
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Bedrock of the Community
13014 Posts |
There hot right now really for no other reason than they happen to be hot right now. It really is just a fairly small group of people with money that really want them for whatever reason. It will die down eventually and my prediction is sooner rather than later. Even if you only got 1000 each or even 500 each thats still doubling your money for something that is really only worth its melt and a slight premium. You can look up coin mintages because they have legally allowed amounts or are only produced for that year. Being a private company Engelhard can do whatever they want with these. Mintage figures would be useless (doubt theyre even any) as at any given time engelhard could say were going to produce 10000 more of these and are legally within their right. They can also number them however they want and put whatever they want on the bar. Its obviously your decision but I would strongly suggest selling. Its free money for just being lucky enough to buy them at the right time. APMEX is selling poured Engelhard bars for 300-450 for 3oz 5oz and 10oz. There really is no reason that I can find to explain the mania on ebay at the moment for them. I would just suggest to take advantage of it while you can |
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Pillar of the Community
Canada
834 Posts |
Trust me I'd list both on ebay get in while its hot! These bars are fairly rare, but there out there. I know an older fellow with a few of these, and my local dealer has had a few come in and out of the shop over the last 5 years. |
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New Member
United States
8 Posts |
figured out what I'm going to do--hold them,, going to make 2 full sets of engelhard bars from 1oz 3oz 4oz 5oz 7oz 10oz 20oz and 25oz mabe all the way up to 100oz then list that bad boy on ebay... |
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Pillar of the Community
Canada
834 Posts |
and still get 3000$ish for the whole lot!
Trust me just put the 4oz bars up and get some big $$$ while things are still good.
Its not like these bars are super rare, as someone who collects engelhard and JM bars I can tell you and show you bars that are alot more rare than those.
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Pillar of the Community
Mexico
1304 Posts |
swrbxxx, don't waste your energies. The new guy popped in, asked for good advice, got it, rejected it and has made up his mind.
Nothing to see here folks. Move right along.
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Pillar of the Community
United States
5832 Posts |
I agree with other here and make you huge profit before it fades, you can buy them back soon enough for fraction of what you be selling, as soon as the fad goes out.
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Bedrock of the Community
13014 Posts |
Quote:
and still get 3000$ish for the whole lot!  Aside from the fact these bars high prices are a passing fad, the more you put in a lot the less youll get per ounce. Its one thing to get a large amount for 1 rare item, but then you put up bulk lots like that people expect a discount for buying in bulk and basically expect to pay no more than melt. If you only went up to the 25oz bars thats a total of 75 oz of silver. Even if they really wanted the 4oz bar they arent going to buy 71 oz of unwanted silver to get it and they certainly wont buy 171 ounces if you include the 100 oz bar. I hope it works out for you but I just dont see how it will unless silver just skyrockets |
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Pillar of the Community
United States
648 Posts |
I have a feeling if you bundle all those bullion ounces together, people will want a bundled bullion price. Consider selling one at least which in turn will help build your Engelhard "set" and go from there. Congrats on your two great pieces and best of luck.
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Pillar of the Community
Canada
1723 Posts |
[quI have a feeling if you bundle all those bullion ounces together, people will want a bundled bullion price. Consider selling one at least which in turn will help build your Engelhard "set" and go from there. Congrats on your two great pieces and best of luck.[/quote]
I think this is great advice. Sell one to finance your "set". Win Win.
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Pillar of the Community
Canada
834 Posts |
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Bedrock of the Community
13014 Posts |
Thats 3 in the last 5 days after people saw what the others went for
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Pillar of the Community
Australia
518 Posts |
Flip them, make a nice profit and move on, a quick profit is a good profit, even if silver rises, I doubt the bars will.
Sell whilst you can at a big premium.
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Valued Member
United States
103 Posts |
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Replies: 44 / Views: 4,545 |
First Page
Posted 09/02/2012 7:26 pm
