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What Is Up With The 1 An 5 Gram Silver Bars?

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Author Previous TopicReplies: 14 / Views: 5,089Next Topic  
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Silverhawk74's Avatar
United States
3670 Posts
 Posted 10/23/2012  01:38 am Show Profile   Bookmark this topic Add Silverhawk74 to your friends list Get a Link to this Message Number of Subscribers
I like most here hunt silver on ebay often, and search engine word phrasing is everything....

Such as Engelhard (Correct spelling) or Englehard (in-correct spelling) so try any VARIATION your brain can think of an sometimes you will find a gem with FEW views and Few with any sense of what is biding. If four spot it, and three get sidetracked on other items, you may have a chance at a deal for say....

A basic search I use is "silver bullion bar"

More refined search you may find

Old pour bar, ingot silver, hand poured bar you get the homemade stuff, or my favorite silver loaf, lol....

Now of course I am bar crazy, this can apply to any item obviously....

Too my point, (sorry I rarely get off the soap bx lately, but hey this stuff helps if applied I am good at finding things and PAYING WAY TO HIGH of a price rof)....

What is up with the small 1 an 5 gram bars going for 8 to 10 and 17 to 20 bucks, via ISTANBUL refinery assays I see mostly, via silver bullion bar search.....

Maybe if silver hits those DREAM levels one day, those guys will be laughing all the way to the bank, just like the tools we all figured them to be who bout 1 gram gold bars when it was 250 per oz....

Plus, they aint gotta scrape up as much for those tiny buys, keep them coming in consistently at those prices, minus the CRAZY premium if you dare get out calculator and figure what you are paying per oz., lol....

NEVER bought any as of yet, any of you guys go small with this plan in mind?


If I ever do start buying them, DON'T let me figure what the per oz. cost is, which will make me sick to my stomach and I may lose my lunch....
Edited by Silverhawk74
10/23/2012 01:45 am
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basebal21's Avatar
13014 Posts
 Posted 10/23/2012  02:09 am  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
If you start buying 1 gram bars for 10 bucks were going to do you a favor and delete your ebay account until youve gotten the help you need
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Silverhawk74's Avatar
United States
3670 Posts
 Posted 10/23/2012  02:37 am  Show Profile   Bookmark this reply Add Silverhawk74 to your friends list Get a Link to this Reply
No worries Baseball cause....

A couple of times when I had a limbo amount of cash in paypal (via not enough for real buy, but not enough to even transfer to bank) I figure maybe 15 bucks on 5 grams? Then the rust clears out of the gears a bit after a mental spray of some WD40 and I come to my senses and pass, lol....
Edited by Silverhawk74
10/23/2012 02:38 am
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macmercury's Avatar
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5833 Posts
 Posted 10/23/2012  10:00 am  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
I have bought two 1 gram gold Pamp Suisse bar in assay card, because was curious about the size, price wise it was slightly under APMEX and other guys.

Now that after looking at it, in my mind I say to myself it will take at least another thirty of these to make a 1 oz. AGE, so I stop looking at any smaller denomination if I can and save up to buy at least 1/10 oz gold or 1 oz silver. The other thing with the 1 gram is small that it may slip through my hands and not knowingly loses it.
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Fat Freddy's Avatar
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1200 Posts
 Posted 10/23/2012  11:02 am  Show Profile   Bookmark this reply Add Fat Freddy to your friends list Get a Link to this Reply
BB21 -- your "...until youve gotten the help you need..." comment reminded me of that self-diagnostic post I made a few days ago when I said "I need to be going to CCA (Coin Collectors Anonymous) meetings 2x every day and living a vigorous CCA 12-step lifestyle to have any hope of controlling my coin collecting "disease."

That was supposed to be a joke, but it's starting to look like an idea... I could be the anonymous Creator/Godfather of CCA - "F. Freddy" (sounds better than "Fat F.") -- and write "The Twelve Steps (To The Hoard)." We could set up a separate chatroom for online meetings. This could get complicated.

Seriously, though - one gram silver bars? "BARS"? That might make sense when silver hits $1000/oz, but today it's just plain silly!! Shouldn't they be called flakes, chips, specks or something more descriptive than "bars?" They could have their uses, though -- like when a couple breaks up, you could give one to your ex to let her know how much you love her.

Now Provident will have to come out with one gram copper rounds & then the Chinese will flood the world with counterfeit one gram copper rounds.
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barryg's Avatar
United States
5862 Posts
 Posted 10/23/2012  11:21 am  Show Profile   Bookmark this reply Add barryg to your friends list Get a Link to this Reply

Quote:
Seriously, though - one gram silver bars? "BARS"? That might make sense when silver hits $1000/oz, but today it's just plain silly!! Shouldn't they be called flakes, chips, specks or something more descriptive than "bars?"



Isn't a gram about the weight of a single paper clip? I could never understand why anybody would want to waste money on these.
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Silverhawk74's Avatar
United States
3670 Posts
 Posted 10/23/2012  1:35 pm  Show Profile   Bookmark this reply Add Silverhawk74 to your friends list Get a Link to this Reply
Your dry sense of humor cracks me up FF....

As I have painted some funny images of you lately flyin on a homemade hand glider, surfing the big waves, pouring bars, and now a 12 step program for silver junkies. All fine ideas no doubt....

Well that is it, anybody buys these they got some serious strait jacket issues, stick a fork in it, shez done, lol....

Best point of all Merc, even gold grams are a waste of time with current prices, 31 to make just one oz, lol.....
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Fat Freddy's Avatar
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1200 Posts
 Posted 10/23/2012  1:46 pm  Show Profile   Bookmark this reply Add Fat Freddy to your friends list Get a Link to this Reply
SH74 -- Just watch out for those Chinese counterfeit one gram copper rounds!!

And -- the 12-Step Program for coin collecting junkies (CCA) should be coming to a church basement meeting room near you soon!!
Valued Member
akane17's Avatar
United States
404 Posts
 Posted 10/23/2012  2:51 pm  Show Profile   Bookmark this reply Add akane17 to your friends list Get a Link to this Reply
Not every silver product is collected/bought strictly for it's silver value.

I've seen a lot of posts on here about 4 oz. Engelhard bars selling for around $2,000. THAT is a higher per gram premium than most of these 1-5 gram bars.

I really don't think people are buying these for the silver value, more so the novelty.

This to me is no different than APMEX or any of these other companies that sell heart shaped silver rounds for $59 an ounce. There is no collector value, but there is novelty/sentimental value added.


Quote:
even gold grams are a waste of time with current prices

Not everyone can freely drop $190+ for a 1/10 ounce gold coin.
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Silverhawk74's Avatar
United States
3670 Posts
 Posted 10/23/2012  3:22 pm  Show Profile   Bookmark this reply Add Silverhawk74 to your friends list Get a Link to this Reply
"Not everyone can freely drop $190+ for a 1/10 ounce gold coin."

I feel you man, I can see things from both sides been there done that....

You are talking to the guy who put together 10 of those Liberia 24k worlds smallest gold coins (nice historical figure set, Alexander the great and such) at .73 grams, or 3/4 a STINKIN gram....

I found an old article way back about what a joke mint Liberia was with this serious, yet I had ZERO trouble selling entire set for a good price up around 500 way back and they bring 45 to 75 pretty consistently on ebay....

Like mentioned above why not SAVE up for 1/10th piece or go gram or the Liberia coins. SOME gold is better then NO gold eh....
Edited by Silverhawk74
10/23/2012 3:23 pm
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rastatodd's Avatar
United States
487 Posts
 Posted 10/23/2012  5:43 pm  Show Profile   Bookmark this reply Add rastatodd to your friends list Get a Link to this Reply
The Istanbul 1 gram AU bars was my first gold acquisition. Did a silver for gold trade. At the time was way top heavy in silver, just found the trade a good way to get my feet wet. I'm with Silverhawk. Save up and buy a 1/10 of government issued .999 when ever possible. Slow and steady builds a good size stack.
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basebal21's Avatar
13014 Posts
 Posted 10/24/2012  12:31 am  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
Silver glad to hear you came to your senses.

Freddy that is a program that should be started, but since no one actually wants help your attendance will probably be miniscule. Or have a great turnout and itll just turn into a coin show
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Fat Freddy's Avatar
United States
1200 Posts
 Posted 10/24/2012  09:14 am  Show Profile   Bookmark this reply Add Fat Freddy to your friends list Get a Link to this Reply
BB21 -- You're right on 2 things - meetings would turn into impromptu coin shows and the recidivism rate would undoubtedly be 100%. The meetings would be relapse parties.
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basebal21's Avatar
13014 Posts
 Posted 10/24/2012  6:31 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
Be a great excuse to get out though and keep the wife happy thinking you arent buying more coins lol
Valued Member
everything's Avatar
United States
493 Posts
 Posted 10/25/2012  10:40 pm  Show Profile   Bookmark this reply Add everything to your friends list Get a Link to this Reply
I've seen more generic versions of fracs for sale, they always want allot. Seems a person could go even more generic, buy thinly flat rolled silver, cut into small random pieces, smooth out the edges a little bit, weigh them and stamp on the fractional weights including 10th gram weight. Just always seems they could be made and sold cheaper. Still, I've seen where somebody does cut these and you can tell they are cut. I picked up 10 oz. of sheets of Valcambi 100*1 bars and they are kind of a rip. Still, I guess the silver pellets are the cheapest way to go, I don't see much demand for them, and it would be hard to stamp anything on them. Guess, we stuck buying dimes for cheap fractionals.
Edited by everything
10/25/2012 10:42 pm
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