Silver Bars 101 - Page 3 - Coin Community Forum

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Author	Replies: 35 / Views: 10,404	Page: of 3

kavern23 Valued Member Canada 78 Posts	Posted 12/23/2012 1:00 pm I guess my point is, lol, people are picking them up everyday and posting pics but they probably are paying the premium of 7 to 10 bucks over spot when buying them. Report this Post to the Staff
swrbxxx Pillar of the Community Canada 834 Posts	Posted 12/23/2012 1:22 pm $40 a oz is pretty standard for those poured jm and engelhard bars. If anyone is looking for some shoot me a pm. 20 and kilo poured jm bars I can get easily. Engelhard depends on stock Report this Post to the Staff
Berk Valued Member United States 148 Posts	Posted 12/23/2012 1:38 pm Thanks guys, I didn't know that bars had that kindof a premium. That's like Chinese Panda premium. Nuts! I bought some old 90% stuff and started gettin ginto PM a little back in 2002 so I read a lot about it instead got into trading stocks (really couldn't go wrong with either as both were cheap at that time) and correct me if I'm wrong, but I remember 10 eyars ago bars being the low-premium way to go? Are the premiums on bars a new fad? Report this Post to the Staff
auptpdag1995 Valued Member United States 151 Posts	Posted 12/23/2012 2:10 pm The bigger the bar the smaller the premium. I don't understand why the premium on old poured bars is so high, but I suggest buying a 50-100oz bar if you want to keep the premium lower. If you go to the 50oz section of monarchpreciousmetals.com and compare the look of the Engelhard to their own 50oz poured bar, would you really want to pay over 200 more just so you could say you have an Engelhard? Some would, I would just grab some Monarch poured bars (10oz ones look very nice) and be happy with them since they do have an old poured look to them, but just my 2 cents. Report this Post to the Staff
BenjaminsBaby Valued Member United States 250 Posts	Posted 12/23/2012 2:24 pm I'm glad my dealer chargers a flat rate of 1-2$ over spot for any bar no matter what brand it is...when he gets engelhards that ppl come in and sell I pick them up immediately as I know if I wanted to sell I Cud get a higher premium for those....all though for some reason he charges in the range of 3$ for maples and eagles which makes me scratch my head a little bit as to why he charges more premium on those....I never ask as ill take the bars all day long with no problem :) Report this Post to the Staff
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