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Help Identify 'Fortuna' Ingot

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Valued Member

United States
54 Posts
 Posted 05/23/2016  4:52 pm Show Profile   Bookmark this topic Add ddjdlt to your friends list Get a Link to this Message Number of Subscribers
Hello,

Can someone please tell me what the differences are between this and the current Pamp Suisse Lady Fortuna 1 oz silver bars?


Help-Identify-'Fortuna'-Ingot

Help-Identify-'Fortuna'-Ingot

Thank you... Dan
ddjdlt@tampabay.rr.com
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fioti's Avatar
United States
4212 Posts
 Posted 05/23/2016  4:59 pm  Show Profile   Bookmark this reply Add fioti to your friends list Get a Link to this Reply
APMEX has these



Help-Identify-'Fortuna'-Ingot
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drk1's Avatar
United States
51 Posts
 Posted 05/23/2016  5:46 pm  Show Profile   Bookmark this reply Add drk1 to your friends list Get a Link to this Reply
Hi Dan,

That's a beautiful piece of bullion. I live in a town named Fortuna, and I want one! Are these old, hard to find? What can you tell me about it?

Thanks,
David
Valued Member
drk1's Avatar
United States
51 Posts
 Posted 05/23/2016  5:56 pm  Show Profile   Bookmark this reply Add drk1 to your friends list Get a Link to this Reply
Yikes! I just Googled "Pamp Suisse Lady Fortuna 1 oz silver bar" and found them selling for almost double the spot price of the silver content. That's a hefty premium; much higher than I remember premiums being when I was buying bullion a few years back (when I want silver now I buy common coins with no numismatic value). Why are these bars so expensive? I'm talking about the new ones, like the one in fioti's post, which I don't find particularly attractive.
Valued Member
United States
54 Posts
 Posted 05/23/2016  7:03 pm  Show Profile   Bookmark this reply Add ddjdlt to your friends list Get a Link to this Reply
David,

That's my question... lol I can't find any reference to this specific series at all.
I believe Pamp Suisse, Engelhard, and Johnson Matthey, respectively, have the highest premiums and demand as investment 'collectibles' because of several reasons including, but not limited to, quality, rarity, and diversity.

Their high premiums tend to exclude them for straight bullion buyers who invest and depend on future precious metal prices to increase in order to profit. On the other hand, proven 'collectible' bullion has kind of a built-in safety-catch, if silver prices plummet, they still have the 'Collectible' value as a back-up, of course if they want to profit from rising silver prices alone, they would have to wait much longer, until their costs (including premiums) are surpassed. Two completely different perspectives.
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rbh110's Avatar
United States
2 Posts
 Posted 05/23/2016  7:33 pm  Show Profile   Bookmark this reply Add rbh110 to your friends list Get a Link to this Reply
The Fortuna bar in the original post is not a PAMP, it is a RAMI. Logo is made to mimic the PAMP style.
Valued Member
United States
54 Posts
 Posted 05/24/2016  04:21 am  Show Profile   Bookmark this reply Add ddjdlt to your friends list Get a Link to this Reply
fbh110...
Is RAMI a legitimate outfit? I can't find any info on it anywhere.
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rbh110's Avatar
United States
2 Posts
 Posted 05/25/2016  9:15 pm  Show Profile   Bookmark this reply Add rbh110 to your friends list Get a Link to this Reply
"fbh110...
Is RAMI a legitimate outfit? I can't find any info on it anywhere."

Well, they were at one time listed on the APMEX site, so they are surely genuine silver, and tend to sell for well above spot, but are kind of like the knock-off 'Ferari' sunglasses my dad bought once. They were sunglasses, but not Ferrari.
Valued Member
United States
54 Posts
 Posted 05/26/2016  10:39 am  Show Profile   Bookmark this reply Add ddjdlt to your friends list Get a Link to this Reply
I understand. I contributed several of thirty-three bids on this bar yesterday. Bidding exceeded my low maximum... not enough information to warrant more. It sold for $67.00 and change. THere's definitely a market out there for these.

Thanks all... Dan
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