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 Replies: 11 / Views: 3,192 |
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Pillar of the Community
United States
1648 Posts |
I see JM Bullion introduced 'Pop Bullion' which is a 1 Troy oz of .999 silver round, but you can break it apart into 4 equal pieces each containing 1/4 Troy oz of .999 silver. Not sure of the quality or its ability to be faked like standard 1 oz silver rounds without some type of security like sunshine mint at least has. https://www.jmbullion.com/1-oz-pop-...ilver-round/I had a dream about something like this as a potential product after seeing the Valcambi combibars in 2011 such as 100 detachable 1 g bars and 10 detachable 10 g bars. Thought that was a great idea but perhaps too costly vs the metal content. https://www.valcambi.com/products/c...description/ Any thoughts on improvement, maybe still a market for something else with some changes. Seems like a nice idea vs trying to find old silver coins which are now at a premium. I have no affiliation with any of these. Edited by datadragon
09/07/2023 2:56 pm
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Bedrock of the Community
 United States
24918 Posts |
Breakable bullion is not new, as you pointed out. Here is a 1/2 ounce silver bullion coin that I picked up from a fellow CCF member a while back. It can be snapped into 1/8 ounce pieces. Personally, I don't see much utility in this.   Inordinately fascinated by bits of metal with strange markings and figures
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Moderator
United States
187672 Posts |
I guess someone likes the idea or else they would not be selling it.  |
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Pillar of the Community
 United States
1648 Posts |
The idea is making it easier to potentially divide for bartering/trade or liquidation of only some of it. In this case it appears it can retain the silver content properly for each quarter and maintain the purity and other marks on each piece which is good. Buying smaller rounds such as 1/10 oz are more expensive and same with gold, but at the same time you may not wish to part with an entire ounce for something small if values happen to go up as some suggested they can. Obviously gold would be even more the case with its higher values. If you could get something like this that has a better value of metal to cost while still being able to use it for smaller transactions its a plus. You only get some like that and can have one ounce+ for the rest. I had not seen the one hondo posted so if those are available currently you can add some info. When you look at other things like the goldbacks they also have issues with true value based on the actual metal vs the claimed value that requires the system to be functional.
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Bedrock of the Community
United States
24918 Posts |
I found a site that sells them, but they don't explicitly say that they produce them (although it is implied). "Silver Snowball". $35.50 for 1/2 ounce of silver - I think not! There's one on the bay for $43!
Inordinately fascinated by bits of metal with strange markings and figures
Edited by HondoB
09/07/2023 5:51 pm
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Pillar of the Community
United States
1648 Posts |
Quote:
I found a site that sells them, but they don't explicitly say that they produce them (although it is implied). "Silver Snowball". $35.50 for 1/2 ounce of silver - I think not! There's one on the bay for $43! That would be a bit too much although someone might like the novelty. Someone would likely rather buy two 1/2 oz sunshine mint silver rounds for example. I found this one to be more reasonable so I posted it. Some may not mind 1 oz but if the price ever goes up then people might have wished they had fractions to offer, and it just depends if that is a better value than buying some fractions instead (1/10, 1/4 oz). |
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Bedrock of the Community
United States
94367 Posts |
Agree, must be a market, but it seems sort of silly to me.
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Pillar of the Community
Canada
5238 Posts |
Nobody who buys one of these would dream of breaking them up. A pure gimmick, but there is so much competition in the bullion market yopu need gimmicks. They sell!
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Moderator
United States
54280 Posts |
It harks back to the "olden days" where 8 Real coins were cut up to make change or use for smaller transactions.
I have always thought the modern silver bullion with the ability to be broken up was to serve the same purpose - once the predicted failure of the economic system occurs, and transactions have to be conducted in silver or gold.
Show your financial support of the Coin Community Family (click here)See my topic on Mexican Numismatic Medals (click here) |
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Pillar of the Community
United States
2213 Posts |
I'd rather use my 90% dimes, quarters, halves for trade/bartering. Rather than a silver round, the gold Valcambi bars broken into 1 gram wafers make more sense to me. I have a pie shaped silver piece cut out of a half dollar I found at the site of Fort Atkinson, NE. There was not enough change so bigger coins were cut into smaller pieces. The fort was built in 1819, closed in 1827, other forts were built further west. I posted pics of it a while back. http://goccf.com/t/438941Edited by livingwater
09/08/2023 07:19 am
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Bedrock of the Community
United States
24918 Posts |
I think that they are marketing to "preppers" for TEOTWAWKI. But if that came about, silver becomes meaningless, as other things useful for survival would be far more valuable.
Inordinately fascinated by bits of metal with strange markings and figures
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Moderator
United States
187672 Posts |
Quote:
But if that came about, silver becomes meaningless, as other things useful for survival would be far more valuable  |
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Replies: 11 / Views: 3,192 |
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Posted 09/07/2023 4:21 pm
