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 Replies: 12 / Views: 3,354 |
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Valued Member
United States
158 Posts |
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Pillar of the Community
United States
2543 Posts |
Unfortunately they are not recovered bars. They are modern bars made from the recovered silver. They will always be at least the value of silver.
Would have been nicer(more valuable) if they were genuinely recovered bars.
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Pillar of the Community
United States
4989 Posts |
These are worth melt - NOT shipwreck silver unless the bars are original and show evidence of coral etc...
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Pillar of the Community
United States
1656 Posts |
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Pillar of the Community
Canada
5417 Posts |
 They're interesting but wouldn't pay more than spot plus maybe a $2-$3 premium. |
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Pillar of the Community
United States
2543 Posts |
Still, you never know. An interesting backstory/history , some silver art bars go for considerably more than their melt value. It's 80 year old silver, has a history and at $27/oz, people pay more for an ASE  Edited by denco7
02/02/2014 6:36 pm
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Pillar of the Community
United States
3789 Posts |
like Denco says, it has some interesting history/background which will give it "some" prem to it, but thats about it. They are NOT bars recovered. They are more like mementos.
That said, I like them and I am not a silver/gold bar guy. They are unique and are a nice way to add flavor to one's collection of silver.
This, btw is not really "unique". Many ships were sunk that had silver. However, the "unique" part of this is recovered silver which does give it a leg up over say a regular bar of silver.
btw, I haven't looked but do these fluctuate with the price of silver? How are they priced by dealers?
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Pillar of the Community
Canada
5324 Posts |
Don't forget there is about 45 tons recovered.
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Valued Member
United States
337 Posts |
I think these are neat with a cool backstory and like the picture of the ship on the back. Wouldn't mind getting one if I have the chance.
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Pillar of the Community
Canada
576 Posts |
If you think about the history of precious metals a lot of it has a history. Who knows, the wedding band or grad ring you are wearing may have had it origins as Aztec / Egypt/ Kondike...........gold. WHen it comes to fine metals, the idea of recycling has been around a long time.
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Pillar of the Community
Canada
3733 Posts |
there was approx. 110 TONS of silver recovered from the site..
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Pillar of the Community
Japan
666 Posts |
spot is the price I'd pay if I was into bars
there's no history in these bars ...
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Valued Member
United States
337 Posts |
I have not gotten into shipwreck silver, but I would prefer coins to bars.
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Replies: 12 / Views: 3,354 |
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Posted 02/02/2014 5:39 pm
