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10oz Silver Bars Question

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 Posted 07/16/2023  3:02 pm Show Profile   Bookmark this topic Add JR1 to your friends list Get a Link to this Message Number of Subscribers
Are these considered generic 10oz silver bars? Only spot price values? Had them for many years.
Liberty Mint
APM - Eagle & Flag
Monex

Thanks
Jr :)

10oz-Silver-Bars-Question

10oz-Silver-Bars-Question
Edited by JR1
07/16/2023 3:15 pm
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Keith67's Avatar
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 Posted 07/16/2023  3:15 pm  Show Profile   Bookmark this reply Add Keith67 to your friends list Get a Link to this Reply

Quote:
Are these considered generic 10oz silver bars? Only spot price values?

I would say, yes.
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John1's Avatar
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 Posted 07/16/2023  4:03 pm  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
JR1,
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 Posted 07/16/2023  4:20 pm  Show Profile   Bookmark this reply Add JR1 to your friends list Get a Link to this Reply
keith12 & John1, Much appreciated.Thank you
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 Posted 07/16/2023  4:37 pm  Show Profile   Bookmark this reply Add Maine Member to your friends list Get a Link to this Reply
Yup, spot. Your cost? Hope you did not buy when silver was around $50.
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 Posted 07/16/2023  4:49 pm  Show Profile   Bookmark this reply Add JR1 to your friends list Get a Link to this Reply
$50? Oh no, lol. I'm good.
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BH1964's Avatar
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 Posted 07/16/2023  5:08 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
While they are generic, physical silver is trading above melt at retail. If you're a seller do not take under melt value for them because they are many, many buyers these days.
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 Posted 07/16/2023  5:58 pm  Show Profile   Bookmark this reply Add JR1 to your friends list Get a Link to this Reply
Will keep that in mind. Thanks
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 Posted 09/03/2023  2:17 pm  Show Profile   Bookmark this reply Add BearlyHere to your friends list Get a Link to this Reply
While 10oz bars have traditionally been the cheapest way to buy bullion, that is no longer the case. Be sure to compare 1oz rounds with them before you buy.
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 Posted 09/03/2023  2:26 pm  Show Profile   Bookmark this reply Add NumismaticsFTW to your friends list Get a Link to this Reply
10oz bars are still cheaper then 1oz bars.

Typically, the larger the bar, the lower the premium.

Of course there are outliars but this is still the case.

Buy a 100oz bar for an even smaller premium.
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Edited by NumismaticsFTW
09/03/2023 10:09 pm
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