Kilo Silver Bars ~ What Say You?

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Kilo Silver Bars ~ What Say You?

Postby Copper Catcher » Sun Aug 12, 2012 5:04 pm

Image
So do you like them? Are they worth the extra premium? You don't see them very often in the US, but a few are around. The ones selling on eBay normally come with a hefty price tag.

What say you?
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Re: Kilo Silver Bars ~ What Say You?

Postby natsb88 » Sun Aug 12, 2012 5:25 pm

The larger the bar, the more limited the peer-to-peer market is, and dealers probably won't pay a premium. Larger chucks also mean less versatility/liquidity if you need to trade or sell some.

Like any other bar, the premium depends on the brand and vintage. Basic modern kilos are available for $1 over spot all day long.

http://www.providentmetals.com/1-kilo-9 ... hoice.html

http://www.providentmetals.com/1-kilo-o ... r-bar.html
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Re: Kilo Silver Bars ~ What Say You?

Postby Copper Catcher » Sun Aug 12, 2012 6:42 pm

Neat, I did not know you could get them that cheap...
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Re: Kilo Silver Bars ~ What Say You?

Postby Morsecode » Sun Aug 12, 2012 6:55 pm

+1 what Nate said...but I love the kilos. And they're not all that big, really. Depending on the size of the stash, a kilo or two fits in nicely. Way better than the 100 oz, for sure.
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Re: Kilo Silver Bars ~ What Say You?

Postby slickeast » Sun Aug 12, 2012 7:01 pm

I think I might have to pick one up for that price
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Re: Kilo Silver Bars ~ What Say You?

Postby Copper Catcher » Sun Aug 12, 2012 7:06 pm

The only downside is that you are not given the choice to pick the bar you would get. I'd want an Argor Chiasso or Suisse Credit versus a generic brand...
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Re: Kilo Silver Bars ~ What Say You?

Postby highroller4321 » Sun Aug 12, 2012 7:08 pm

natsb88 wrote:The larger the bar, the more limited the peer-to-peer market is, and dealers probably won't pay a premium. Larger chucks also mean less versatility/liquidity if you need to trade or sell some.

Like any other bar, the premium depends on the brand and vintage. Basic modern kilos are available for $1 over spot all day long.

http://www.providentmetals.com/1-kilo-9 ... hoice.html

http://www.providentmetals.com/1-kilo-o ... r-bar.html



+1 to what Nate said. Also if you are dealing with the average guy he might not know how many ounces are in a kilo.
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Re: Kilo Silver Bars ~ What Say You?

Postby Copper Catcher » Sun Aug 12, 2012 7:15 pm

But if you are dealing with the famous Adam Youngs he will! :D
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Re: Kilo Silver Bars ~ What Say You?

Postby slickeast » Sun Aug 12, 2012 9:21 pm

Copper Catcher wrote:The only downside is that you are not given the choice to pick the bar you would get. I'd want an Argor Chiasso or Suisse Credit versus a generic brand...


This is from OPM
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Re: Kilo Silver Bars ~ What Say You?

Postby Copper Catcher » Mon Aug 13, 2012 2:01 pm

I think they only have four bars in inventory and my guess is that all would be OPM.
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Re: Kilo Silver Bars ~ What Say You?

Postby fansubs_ca » Tue Aug 14, 2012 4:00 am

highroller4321 wrote:+1 to what Nate said. Also if you are dealing with the average guy he might not know how many ounces are in a kilo.


Unless they are a Canadian, especialy those of us about 40 yrs old are used to flipping
back and forth between the 2 measurement systems. ;)
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