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Replies: 21 / Views: 3,173 |
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Pillar of the Community
United States
2269 Posts |
With the price of silver below $30 dollars an ounce, I thought it would be a perfect time to purchase my first 10 oz silver bar. Finding the lowest price is more important to me than paying extra for a well known manufacturer. Any bar that is 10 oz of .999 fine silver what I am looking for.
After a half hour internet search, I came across 2 online dealers who are selling 10 oz silver bars for under $300.
The first company I discovered was coin-rare.com. They are selling 10 oz Westminster Mint bars for $298 + $ 3 for online orders and another $13 dollars to ship. The total for an order is $314.
The Second company is goldmart.com. Their price for a 10 oz NTR Metals bar is $297 + $9 for shipping. The total is $306.
Since this is the first time I am making such a purchase, I would like to know if any members have ordered or know anything about either company?
Also, does anyone know of another dealer who might have a 10 oz silver bar for less money?
Thank you,
Christopher
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Pillar of the Community
United States
1454 Posts |
Spider, Are you watching the ebay auctions? Most of the 10 oz. bars I've seen at auction don't go much above spot. Otherwise, Goldmart has an excellent reputation around here and that would be my choice.
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Pillar of the Community
United States
3670 Posts |
The BEST price I found recently on 10 oz. bars on ebay, was 305 on hand poured loaf bars, but alas no marks or stamps. They were still sellin though, as the guy had so many, an only a four or five left last I saw. But I am not gonna buy any bars minus a .999 or .925 an 1,2,3,4,5 or whatever troy oz. fine silver.... I really doubt you find a better deal then that gold mart price.... If you wanna go a bit nicer higher quality an respected big time, you can get a Scottsdale stacker right now for 340, maybe 330 on ebay....
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Pillar of the Community
 United States
2269 Posts |
travin, For some reason I didn't even consider ebay as a place to find a good deal. I usually search 1 oz bars looking for a good deal and I have yet to find any near the spot price of silver. I just assumed the 10 oz bars wouldn't be a good deal either. Although I did notice that a lot of Bullion on ebay includes free shipping which is a big plus. I am glad to hear that Gold Mart isn't too bad of a company. Silverhawk, Although I would still love to own a 10 oz poured bar, my budget wouldn't allow me to pay that much. I agree that sticking with a .999 fine silver bar is a good idea. If I am going to be spending over $300, I would rather have the purest silver I can possibly own.
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Pillar of the Community
United States
3670 Posts |
Watch this one an pray for all the watchers to over sleep, or find something else they want, as at 310 or 315, this would be a flat out steal, an bar non the best bang for your buck, man I want one of these bad boys, they are real nice.... http://www.ebay.com/itm/10-OZ-999-F...em4165c32f73
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Pillar of the Community
United States
3670 Posts |
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Pillar of the Community
Canada
1731 Posts |
I saw a 10oz dragon bar for $308
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Pillar of the Community
 United States
2269 Posts |
Silver Hawk,
Those are some nice looking poured Silver bars. What do you think the chances are that the price won't increase all that much?
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Pillar of the Community
Canada
4944 Posts |
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Pillar of the Community
United States
3670 Posts |
Well Spider I think that Monarch bar is too high already at 323, an probably will go to 330 or 340, maybe more....
The next bar with shadows ends tonight an is settin right about 320, it may be bottomed out, and that could be the bar of the old pours to bid on....
The last bar still has not got a bid yet, but it will most likely even at high start, as someone would love to grab that bar for just over 300 bucks, an its a beaut the J&W bar, I really like those....
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Pillar of the Community
United States
3670 Posts |
And as far as the items CBN posted, the engelhard settin at 316 with little time left perhaps could be a great deal, if it does not get much higher, same with the other at 321 or so....
The J&M bar starting at 300, no bids could be a last second snipe option if no one else bids, that would be good price, but again rare for that to happen an not get up to 320 or higher, but you never know. It ends in day an half, so if the market tanks more, who knows....
I am such a stickler to try an find a great silver bar at 300 even, but it just is not gonna happen till silver hits 25 per oz., man I try though, lol....
Edited by Silverhawk74 05/13/2012 2:11 pm
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Pillar of the Community
1283 Posts |
Scottsdale stackers are $316 each right now and they let you use a let you use a CC. They are the best looking bars IMO and they stack better then any others.
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Pillar of the Community
Canada
4944 Posts |
Edited by Canadian-Banknotes 05/13/2012 5:53 pm
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Pillar of the Community
United States
5858 Posts |
I have ordered from Goldmart on several occasions and would recommend them. As long as you're not in too much of a hurry for your item to arrive, that is. Especially if you are paying by check...
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Pillar of the Community
 United States
2269 Posts |
I watched those auctions go off on ebay. Unfortunately they were a little higher than I wanted to spend, especially the poured bar. Barryg, Glad to hear that you had a good experience with goldmart. I can live with a 3-4 week delivery so unless I can snag a good deal on ebay, I will probably make a purchase from goldmart.
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Pillar of the Community
United States
4008 Posts |
Consider that as volatile as the silver market is, it will be very difficult to guarantee getting the lowest possible price. If silver rises by $1/oz. while you are searching, that will just about cover the cost of shipping.
Also, SilverTowne often sells their silver bars for a decent price with free shipping. I also like the fact that their bars come wrapped in plastic for protection. I have bought 40 of their 5-oz. bars but have not bought any of their 10 oz or 1 oz bars. The 5s and 10s have individual serial numbers stamped on them, which is nice.
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Replies: 21 / Views: 3,173 |