Bought Anything From First Majestic?

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Author	Replies: 3 / Views: 1,186
HappyHippo Valued Member United States 266 Posts	Posted 01/23/2022 3:12 pm I have seen First Majestic around but have never bought anything until just recently. Their prices are not that bad but the shipping to the US is a little steep. Anyway, I ordered a couple of 5 oz bars as a trial. I was wondering if anyone has any experience with them. I like the fact that their silver is the same price per ounce whether 1/2 ounce rounds or 10 oz bars. Right now their price is $27, when the spot price is $24.41. That is not too bad. Report this Post to the Staff

SellerOfAllCoins New Member United States 11 Posts	Posted 01/23/2022 8:32 pm Never heard of them but I like their pricing structure. You said $27 now, but what is it when you add shipping and tax? I'll probably check them out though. Report this Post to the Staff
HappyHippo Valued Member United States 266 Posts	Posted 01/23/2022 8:52 pm Shipping was $25. No tax. So the shipping bites into the deal, especially if you only buy a small quantity like I did. I have never used them before and I thought it would be cool to have some bars with their logo on them. So I only ordered a small quantity. The real deal is on the fractional silver, if you are in to that. I don't have any fractional rounds because the premiums are too high. But I may get some here because the cost per ounce is the same. Report this Post to the Staff
HappyHippo Valued Member United States 266 Posts	Posted 02/04/2022 2:09 pm Just received a shipment of 5 oz bars from First Majestic. One thing I'll let everyone know is that they don't actually make the bars there. I thought that would be unusual anyway. Here's is what they do. They use their own silver and send it to Asahi Refining. Then they take the refined silver and send it to Sunshine Mint. So Sunshine is actually minting the bar. Report this Post to the Staff
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