New To Forums, Have A Silver Bar Questions

a 4-ounzer just sols a minute ago for 127.50. The ones with COA's, in cases are about 100.00 more w/BIN.

Since your post was concerning Westminster mint, I can help you. I just received an order from them yesterday.
My experience with them my last two orders was very satisfactory. Their shipping policy states to allow up to two weeks, however, I received my orders within 5 days of getting my payment received email. The 4oz $100 bill bar is indeed 4oz of .999 silver, has a proof-like finish, and looks very attractive.

I have multiple ounces of each generic round they offer as well. The pictures do not do them justice, they are some very good looking silver rounds.

Your strategy pretty much mirrors what I have been doing for years. I have mostly Eagles, some bars, and generic rounds, with the occasional collector's item mixed in ( Libertads, Koalas, Kooks, chinese Pandas)

I have liquidated all of my larger bars, and I keep my holdings in 10oz or less. I feel if silver ever increases exponentially, the larger bars will cater to a much smaller market due to high market value.

I would also advise that a majority of your holdings be in the form of the government backed coins such as eagles, maples, britannias, etc. Those are the most recognized worldwide for their guaranteed silver content. With generics, there is always the question some may have on authenticity. These may cost a bit more in premiums, but they also sell for a premium, offsetting them.

Apologies if this is an obvious question, but I was going through the site bwgolden linked, and I was wondering if anyone can tell me why the westminster silver 1 ounce bar is about 3 dollars less than the Engalhard 1 ounce silver bar? Both are 1 ounce, and bothare .999 percent.

Does it have something to do with numismatic value?

If your looking for an investment I wouldnt go mainly in .999 bullion especially not ASE as your paying 1.50-3.50 over spot per coin and that adds up. With silver where its at right now, I wouldnt make a big investment on ASE as with you paying lets say only 2 over spot for each coin and you should make sure you are getting as close to spot as possible so .999 bars or 90% silver coins are the best opinion as they can be had at spot or close to spot. For example lets say you buy 100 ASE, 100 one oz .999 bars (lets say 50 cents over spot) or $138.50 face in 90% silver which is about 100.1898 troy ounces

100 ASE at 28.33 + 2 per coin = 3033
100 one oz .999 bars or rounds at 28.33 + 0.50 per oz = 2883
$138.50 face 90% approx 100.1898 oz at melt = $2,838.38


As you can see the better choice would be 90% silver coins plus they are also government issue like that of ASE without the added price. Plus when your getting more silver and close to spot, the obvious choice is that with the added benefit of playing in two markets instead of just one (pm's and collectors). IMO its a good idea to have at least some .999 silver (maple, ASE,Mexican,etc) but at the current price of silver its not a wise choice. Even though I am hating to due this I will be shelling out some cash for a roll of the new Canadian wildlife series bear when it comes out.

Also I bought two of those 100 dollar 4 oz a while back and they are nice and look at the top of the website its the same company


hope that helps

Bryan