Are Sterling Medals/Art Bars A Good Investment?

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Author	Replies: 3 / Views: 1,135
david29 Valued Member United States 432 Posts	Posted 10/09/2012 5:41 pm I have a dealer friend who has a large number of sterling .925 art bars and medals for sale. I have bought lots of things from him over the last 10 years or so and I get some good deals often. He has offered me 110 of these at 50 cents an ounce under spot. So a one ounce round of sterling if spot is $34 would be $31.45 minus 50cents which equals $30.95 each. Would this be a good deal? Most people prefer .999 rounds or 90 percent U.S. And when I Decide to sell these in the future will they be easy to liquidate? Just looking for advice. Thanks David Report this Post to the Staff

Ed_B Pillar of the Community United States 4008 Posts	Posted 10/09/2012 5:49 pm If they are clearly marked with "sterling" or ".925", you should have no trouble selling these when the time comes. Silver is silver and many dealers handle 80% silver Canadian and 90% solver US coins. In your position, I would be tempted to buy these, if you have the funds available to do so. Report this Post to the Staff
basebal21 Bedrock of the Community 13014 Posts	Posted 10/10/2012 12:01 am That is a good price for them but they are generally a bit harder to sell. If you like them Id do it for that price but I wouldnt get them thinking youll make money on them without spot price increasing Report this Post to the Staff
david29 Valued Member United States 432 Posts	Posted 10/10/2012 5:29 pm Thanks for the opinions. David Report this Post to the Staff
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