Crazy price for a 100g silver bar

Discussion in 'Silver' started by mr-dead, Feb 24, 2013.

  1. mr-dead

    mr-dead Member

    Joined:
    Feb 11, 2012
    Messages:
    327
    Likes Received:
    21
    Trophy Points:
    18
    Location:
    UK
    mr-dead, Feb 24, 2013
    #1
  2. House

    House Well-Known Member Silver Stacker

    Joined:
    May 1, 2012
    Messages:
    9,527
    Likes Received:
    287
    Trophy Points:
    83
    Location:
    Stack City
    Pfft peanuts... we had $800 for a 1oz Englehard on here not so long ago!
     
    House, Feb 24, 2013
    #2
  3. finchy

    finchy New Member

    Joined:
    Dec 12, 2012
    Messages:
    174
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    nsw cc
    Thats daylight robbery

    I saw a tube of maples going for $1200 on thursday,its since gone from ebay,theres some idiots on there.

    Although if someone did puchase anything that far over spot its there own fault
     
    finchy, Feb 24, 2013
    #3
  4. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

    Joined:
    Jun 18, 2012
    Messages:
    4,656
    Likes Received:
    72
    Trophy Points:
    48
    Location:
    NSW
    For every ridiculously over-priced bar of silver on ebay, there's a sucker out there that will buy it so why not advertise it well over spot. Especially if you're not in any hurry to sell it.
     
    Caput Lupinum, Feb 24, 2013
    #4
  5. JollyKillBill

    JollyKillBill Member

    Joined:
    Sep 27, 2012
    Messages:
    332
    Likes Received:
    0
    Trophy Points:
    16
    Location:
    Geelong
    Wow it went for 587.75, nice little profit right there
     
    JollyKillBill, Feb 25, 2013
    #5
  6. Fat Freddy

    Fat Freddy New Member

    Joined:
    Nov 11, 2012
    Messages:
    600
    Likes Received:
    1
    Trophy Points:
    0
    Location:
    Zeta Reticuli
    Fat Freddy, Feb 25, 2013
    #6
  7. DanielM

    DanielM Active Member Silver Stacker

    Joined:
    Oct 23, 2012
    Messages:
    2,889
    Likes Received:
    29
    Trophy Points:
    38
    Location:
    Melbourne
    Englehard is a refinery that has closed down, they don't produce anymore, so what is going around is limited, so when supply doesnt meet demand guess what happens? Spot don't mean squat! People who buy this stuff generally aren't stackers
     
    DanielM, Feb 25, 2013
    #7
  8. Machine

    Machine New Member

    Joined:
    Feb 27, 2013
    Messages:
    12
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Poland
    Maybe this is Gold bars ;) hehe
     
    Machine, Mar 5, 2013
    #8
  9. 2003dve

    2003dve New Member

    Joined:
    Feb 4, 2011
    Messages:
    195
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    UK
    Numismatic bars lol

    keep stackin'
     
    2003dve, Mar 5, 2013
    #9

Share This Page