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10oz Ebay Silver Bar Minted By RCM

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Pillar of the Community

Canada
640 Posts
 Posted 01/19/2016  1:47 pm Show Profile   Bookmark this topic Add justsilver to your friends list Get a Link to this Message Number of Subscribers
Info from a friend.

First ebay - RCM 10oz Silver Bar.
http://www.ebay.com/itm/FIRST-EVER-...em4d3e1af13e

cool.
10oz-Ebay-Silver-Bar-Minted-By-RCM
Edited by justsilver
01/19/2016 1:48 pm
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AJPM's Avatar
United States
35 Posts
 Posted 01/19/2016  2:14 pm  Show Profile   Bookmark this reply Add AJPM to your friends list Get a Link to this Reply
I am familiar with baypreciousmetals, our store has done business with them before. 100% satisfied with my experience with them!
Rest in Peace
moxking's Avatar
United States
17900 Posts
 Posted 01/19/2016  2:22 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
774 sold as of that posting. A LOT of people like them!
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Cascade's Avatar
United States
7390 Posts
 Posted 01/19/2016  2:25 pm  Show Profile   Bookmark this reply Add Cascade to your friends list Get a Link to this Reply
Stupid with a capital S! The only way I'd get that is if it was well below spot.
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Atlas642's Avatar
United States
562 Posts
 Posted 01/19/2016  2:30 pm  Show Profile   Bookmark this reply Add Atlas642 to your friends list Get a Link to this Reply
Haha...I think I'll stick with the regular RCM 10-ounce silver bar sans ebay logo.
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Pacificoin's Avatar
Canada
5394 Posts
 Posted 01/19/2016  3:07 pm  Show Profile   Check Pacificoin's eBay Listings Bookmark this reply Add Pacificoin to your friends list Get a Link to this Reply
Nothing stupid about it from my point of view. Banks and other companies have teamed up with the likes of Johnson Matthey
And Engelhard in the past to produce advertising bars .There is even a catalogue on art and advertising silver bars and rounds. They make an interesting collectible.
Pillar of the Community
United States
3789 Posts
 Posted 01/19/2016  3:39 pm  Show Profile   Bookmark this reply Add yup7676 to your friends list Get a Link to this Reply
smells and smacks of desperation to me. keep pushing that silver, they say lol.

I guess the gimmick works...lol
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Ryans Rust's Avatar
United States
85 Posts
 Posted 01/19/2016  4:02 pm  Show Profile   Bookmark this reply Add Ryans Rust to your friends list Get a Link to this Reply
They teamed up to move product. RCM is doing what happened in the baseball card market. Every possible angle. Why not, before others catch on and do it.

Not everyone likes it. It's a collectible. Appears to have a privy mark of 16. So they will make them each year? A series? Low minted numbers are sure to have a premium. Most popular Government bullion bar teamed up with most popular selling site. Genius. Those that hate it can buy generic bars for the same price or keep buying what they like. I think this is better than most things Franklin Mint, Hamilton Mint and most 3rd world countries whom I've never heard of silver coins I see.
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Cascade's Avatar
United States
7390 Posts
 Posted 01/19/2016  7:12 pm  Show Profile   Bookmark this reply Add Cascade to your friends list Get a Link to this Reply
What yup said
Pillar of the Community
United States
5202 Posts
 Posted 01/19/2016  8:11 pm  Show Profile   Bookmark this reply Add jack jeckel to your friends list Get a Link to this Reply
I have purchased from Bay Precious Metals before with no issues.

At first when I read "First Ever" and saw the #1 serial number picture I thought the auction was for the #1 serial numbered bar.

Anywho like it or not as others have said people will pay more for the "limited edition" or "First Strike" or "Really Release" gimmick.

I think the current price of $153 is actually a pretty good price since you get free shipping and can pay with a credit card / Paypal. Provident currently has their own 10oz bars for $156.77 credit price. Of course those of us who are serious about maximizing our profit margin always mail checks and pay the discounted cash price from the big online retailers.

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Mayflower2020's Avatar
United States
624 Posts
 Posted 01/19/2016  11:31 pm  Show Profile   Bookmark this reply Add Mayflower2020 to your friends list Get a Link to this Reply
85% sold. I just noticed this. Weird but cool. Not sure where I stand with it. Coins and Bullion to me usually represent old antiques, and to have websites on them is an odd thing to me. (even though the internet is nearing its quarter life crisis)
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Whitetail Junkie's Avatar
Canada
312 Posts
 Posted 01/20/2016  12:08 am  Show Profile   Bookmark this reply Add Whitetail Junkie to your friends list Get a Link to this Reply
No Thanks.....
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CelticKnot's Avatar
United States
12815 Posts
 Posted 01/20/2016  02:21 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
It's still bullion. If the numbers make sense, who cares what's stamped on it?
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Mayflower2020's Avatar
United States
624 Posts
 Posted 01/20/2016  04:37 am  Show Profile   Bookmark this reply Add Mayflower2020 to your friends list Get a Link to this Reply
Oh I don't. I just find it strange is all. Like when country singers sing about emails. Just seems out of place. :)
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Mayflower2020's Avatar
United States
624 Posts
 Posted 01/20/2016  08:58 am  Show Profile   Bookmark this reply Add Mayflower2020 to your friends list Get a Link to this Reply
Sold Out 3000 in less than 24 hours. Over spot but lower than ebay 10oz prices.

10oz-Ebay-Silver-Bar-Minted-By-RCM
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CelticKnot's Avatar
United States
12815 Posts
 Posted 01/20/2016  9:22 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
Looks like there are more available now. Sales up over 3,800 currently.
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