OPM Bars? Good or bad reputation?

Discussion in 'General Precious Metals Discussion' started by silverhair, Dec 17, 2019.

  1. silverhair

    silverhair Well-Known Member

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    HI Guys

    Just picked up my first large ( for me) silver order and they dealer supplied me with 1KG OPM bars.

    After doing some reading when I got home, I see OPM got booted out of the LMBA group for association with Mexican cartels and money laundering....

    Does this mean I got sold dodgey bars that will be worth less on resale since they not as easily sold later on, because they are OPM branded and the scandal attached to the brand?
     
    silverhair, Dec 17, 2019
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  2. SilverDJ

    SilverDJ Well-Known Member

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    Nope, no one buying metal will care about that, spot is spot.
     
    SilverDJ, Dec 17, 2019
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  3. Silverling

    Silverling Well-Known Member Silver Stacker

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    I bought some too, as SilverDJ said, spot is spot.
     
    Silverling, Dec 17, 2019
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  4. silverhair

    silverhair Well-Known Member

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    Thanks for the reassurance, only a few weeks into stacking so got a tremendous amount to learn yet before I have a little more than no idea.
     
    silverhair, Dec 17, 2019
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  5. l***g

    l***g Well-Known Member Silver Stacker

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    Other People’s Metal
     
    l***g, Dec 17, 2019
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  6. alor

    alor Well-Known Member Silver Stacker

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    i would consider enough of quantity in one brand, and go for other brand eg Perth Mint etc
     
    alor, Dec 17, 2019
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