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What should I do?...This is what I did!

PostPosted: Tue Oct 18, 2011 10:34 pm
by OtusLotus
I have decided to take delivery and redeem the silver I have amassed from my silver saver account.

What should I do...?

A) 26 ozs in the form of 17 ASE and 9 Canadian Maples or
B) 27 ozs. in a combination of 10 oz bars, 1 oz Buffalo Rounds, ASE & Maples

Obviously, B has more silver.

Is the premium that I will be paying for the mint silver worth the extra premium ( $32 / 26 = $1.23).

Or is just the name of the game amassing as much silver as I can?

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I decided to get 20 ASEs, 5 Canadian Maples, 1 Generic Silver Round...
Very happy with the quality of each coin...and the packaging..

Re: What should I do?

PostPosted: Tue Oct 18, 2011 11:16 pm
by slvrbck
I think most of the regulars around here will stick with the more silver the better mantra.

Re: What should I do?

PostPosted: Tue Oct 18, 2011 11:30 pm
by Robarons
I would say more silver the merrier but SAE have fared well during prices going up and down.

Current premiums for SAE are $2-4 each over depending on the dealer and quantity.

Getting the 27 oz lost with the most SAE as possblie might me a solid plan, but 26 eagles sounds good too.

Re: What should I do?

PostPosted: Wed Oct 19, 2011 12:35 pm
by Mossy
If I had that choice, I'd look at what I already had and choose whichever rounded it out better.

With nothing on hand? Probably the higher amount of silver as I'm looking long haul.

Re: What should I do?

PostPosted: Wed Oct 19, 2011 1:10 pm
by db23
Accounting for premiums, unless the 10oz bars are one of the well desired brands, I'd easily go for A. that one lost ounce would easily be made up by the ASE premiums alone.

Re: What should I do?

PostPosted: Wed Oct 19, 2011 1:58 pm
by Treetop
Id probably take option A.... tough call.... Doy ou happen to know if there is a well known brand name for the 10 ounce bars?

Re: What should I do?

PostPosted: Wed Oct 19, 2011 3:38 pm
by OtusLotus
The 10 oz bars are from Academy and NTR.

My current stash includes ASE, 1- 10 oz Engelhard, several 1 oz art bars, and coins.

Re: What should I do?

PostPosted: Wed Oct 19, 2011 3:44 pm
by db23
OtusLotus wrote:The 10 oz bars are from Academy and NTR.

Then option A is the easy winner IMO. I know Academy is ok and all, but Engelhard or JM they are not.

Re: What should I do?

PostPosted: Wed Oct 19, 2011 10:52 pm
by texcollex
I like the ASEs though their premium is hefty compared to the generic bullion. This is the first I've heard of Silver Saver. Just checked out their website. Opinions from you with much more experience? OtusLotus: If I decide to open an account, I'll PM you and give you credit for the referral bonus if you want.

Re: What should I do?

PostPosted: Thu Oct 20, 2011 3:07 pm
by morris14ccm
OtusLotus, how much do you have in your account so that you can get the 26 ASEs? If you don't mind me asking, just trying to figure out their premiums.

Re: What should I do?

PostPosted: Thu Oct 20, 2011 8:29 pm
by fb101
mantra

Re: What should I do?

PostPosted: Thu Oct 20, 2011 9:43 pm
by OtusLotus
I have saved in my acct 28.97 troy ozs...

18 ASE & 8 Maples = 28.96 oz