Silver Bars

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Silver Bars

Postby Dave » Mon Nov 22, 2010 11:07 am

Is $1 over spot a decent price for Englehard bars? I can get a couple of 10 oz. and 4- 1oz. bars. I was hoping to just pay spot.
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Re: Silver Bars

Postby Rodebaugh » Mon Nov 22, 2010 11:11 am

yeah sounds fair to me....go for it.
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Re: Silver Bars

Postby Kurr » Mon Nov 22, 2010 11:17 am

I am learning, and anyone can feel free to correct me, but I am learning that "spot price" only really applies to buying "paper silver" and has VERY little bearing on physical purchases.

IMHO: Good deal
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Re: Silver Bars

Postby TXBullion » Mon Nov 22, 2010 11:25 am

Seems like the going market rate is usually 2 or 3 over spot. Go for it
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Re: Silver Bars

Postby jasmatk » Mon Nov 22, 2010 2:32 pm

buy it
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Re: Silver Bars

Postby zerocd » Mon Nov 22, 2010 3:41 pm

I get bars of any type for spot from my dealer because he pays less and plays the spread.

A very regular customer too.

I am going to ask if he will trade the gold silver ratio even today.

Shop around and make a friend.

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Re: Silver Bars

Postby beauanderos » Mon Nov 22, 2010 4:42 pm

I think if you pay a small premium you'll be happy soon enough, if you don't... you'll have $27 lingering in your wallet long enough to regret it. Image
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Re: Silver Bars

Postby ScottyTX » Mon Nov 22, 2010 5:47 pm

Humm sounds fair enough I imagine. Could you find it cheaper? I guess that depends on where your located and who your buying from. If you already don't have a cheap source, better to buy now than to wait around for a better deal like Big Daddy Ray is saying.......
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Re: Silver Bars

Postby misteroman » Mon Nov 22, 2010 8:36 pm

Engelhards at or anywhere near spot are a steal! I just picked up a 10Oz'er the other day and when I asked the guy how much he told me 25.50 X 10. Spot was 25.67 when I walked into his shop and I felt like I robbed him a little.
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Re: Silver Bars

Postby Ardent Listener » Mon Nov 22, 2010 9:11 pm

Dave wrote:Is $1 over spot a decent price for Englehard bars? I can get a couple of 10 oz. and 4- 1oz. bars. I was hoping to just pay spot.


You had better jump on that deal while you still can.
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