This forum is for discussing hunting and collecting US and Canadian circulation Silver Bullion Coins, other types of minted bullion, and other types of precious and base metal investments other than Bullion Pennies and Nickels.
Please Note: These articles are to inform your thinking, not lead it. Only you can decide the best place for your money, and any decision you make will put your money at risk. Information or data included here may have already been overtaken by events – and must be verified elsewhere – should you choose to act on it.
by Robarons » Tue Apr 23, 2013 10:33 am
Ran across 2 old pour bars Saturday:
One was marked:
Phoenix Refining
The Other:
Gateway
Both were marked .999 Fin 10 oz troy. They were $2 over spot when silver was $23. The Gateway looked like a rectangle with rounded edges, almost like an egg with flat top and bottom.
Anyone ever heard of these old pour companies? And more importantly would you buy old pours from such obscure mints for $2 over?
It was a reliable and trustworthy dealer, said he shot them with one of the xray metal guns, and would accept back if not fake/pure, so these bars were good and is not being asked at this time
Last edited by
Robarons on Tue Apr 23, 2013 11:11 am, edited 1 time in total.
-
Robarons
- Post Hoarder
-
- Posts: 2211
- Joined: Tue Sep 18, 2007 3:00 pm
by natsb88 » Tue Apr 23, 2013 10:37 am
$2 over $23, cash and carry, sounds good to me
Where else is anything available for $25 with no waiting games?
Dolomite over on BS would probably know more about the brands.
-
natsb88
- Too Busy Posting to Hoard Anything Else
-
- Posts: 8411
- Joined: Thu May 01, 2008 3:00 pm
- Location: The Copper Cave
-
by Market Harmony » Tue Apr 23, 2013 11:05 am
Gateway was once a refinery in Pittsburgh that dealt with photography recycling... tax issues and lawsuits had them close down in the 80's. There should be a stamped serial number (code) on the reverse which identifies which worker poured the bar and when. I need to ask the former owner again how to decode the number.
I have heard of the Phoenix Bar's but never dealt in them.
Brick and mortar shop: buy, sell, and trade anything precious- coins, bullion, scrap, jewelry, gems, etc.
http://marketharmony.netFollow me on Twitter- @MarketHarmony
-
Market Harmony
- Super Post Hoarder
-
- Posts: 3256
- Joined: Fri Feb 13, 2009 3:00 pm
- Location: 657 Evergreen Ave, First Floor, Pittsburgh, PA 15209
-
by Robarons » Tue Apr 23, 2013 11:10 am
Would you see any collectable value in these? The names seem to be somewhat popular, would the old pour collectable community pay more for these like they do Engelhard, etc?
The same dealer had generic rounds/bars for $2 over as well so it wasnt matter of premium, but of on a resale value they would be worth more than your common stuff
-
Robarons
- Post Hoarder
-
- Posts: 2211
- Joined: Tue Sep 18, 2007 3:00 pm
by highroller4321 » Tue Apr 23, 2013 11:47 am
Robarons wrote:Would you see any collectable value in these? The names seem to be somewhat popular, would the old pour collectable community pay more for these like they do Engelhard, etc?
The same dealer had generic rounds/bars for $2 over as well so it wasnt matter of premium, but of on a resale value they would be worth more than your common stuff
The collectible value is around $2 over spot for both of them....even when silver is higher. Nothing really special about either one.
-
highroller4321
- Realcent Moderator
-
- Posts: 7214
- Joined: Sat Oct 25, 2008 10:00 am
- Location: Portland,Oregon
Return to Silver Bullion, Gold, & other Bullion Metals
Who is online
Users browsing this forum: No registered users and 52 guests