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Good Deal?

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.

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Good Deal?

Postby Snake42 » Sun Mar 20, 2011 10:43 pm

I have the chance to buy 5 100 oz Engelhard Silver bars for no premium. I'm interested, but I don't have the money to buy. I haven't had any dealings with a bar of this size and was just wondering if there are typically premiums associated with them and if I'm passing up a good thing? Thanks
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Re: Good Deal?

Postby argent_pur » Sun Mar 20, 2011 11:10 pm

I've never seen an Engelhard bar of ANY size that did NOT have a premium associated with it. Who is the seller?

I'm sure they're legit, however, and getting any recognized silver bar, much less an Engelhard, at no premium is a no-brainer if you had the cash. Are they selling all five as one lot, or are they willing to break it up? Maybe you could buy just one.
"Capitalism is the unequal distribution of wealth...Socialism is the equal distribution of poverty."

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Re: Good Deal?

Postby misteroman » Sun Mar 20, 2011 11:41 pm

Seems like a great deal. Maybe put the others up here for sale
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Re: Good Deal?

Postby TXBullion » Sun Mar 20, 2011 11:42 pm

One of the local stores sells 100 oz for 1 dolallar per spot over. If its engelhard or jm, they still price it the same.
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Re: Good Deal?

Postby Snake42 » Mon Mar 21, 2011 7:10 am

Its private party that is having some money problems. He would sell any of them or all of them. If I knew I could unload them here for a little money I would.
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