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$2 Niue 1oz Scottsdale Silver Bar

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 Posted 04/30/2013  12:38 pm Show Profile   Bookmark this topic Add Fat Freddy to your friends list Get a Link to this Message Number of Subscribers
This item is a physically typical 1oz silver bar produced by Scottsdale with their name, the crowned lion logo and a neat little anti-theft thingie on one side and
the effigy of QEII, the name of Niue Island and a $2 denomination on the other side. It's both a rectangular legal tender coin and a 1oz silver bar. So ... I guess
it's a coin/bar crossover product/thing ... ?

I talked with Scottsdale as soon as I saw it. They introduced it at the World Money Fair in Berlin and are presently shipping it to Europe, Australia and Asia.
As soon as they get through the initial phase of responding to international demand, they'll have it on their website and available in the US. That should be "in a
few weeks," whatever that means in today's market. They also estimated that the price should be in the ASE - CSM price ballpark. Since it's Niue legal tender,
Niue has to get their cut (which I don't begrudge them) although I do resent the present $5-$10/oz premium (which is 2x-3x the premium of 60 days ago) that the
online price-gougers are presently charging for ASEs and CSMs, even though they're all long since out of the stock they bought before the smack-downs.

Oh, well... At least it doesn't have any adorable fluffy kittens, paint or little pieces of colored glass on it. I guess that's the good news.

$2-Niue-1oz-Scottsdale-Silver-Bar
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