Ruski silver

Discussion in 'General Precious Metals Discussion' started by spannermonkey, Aug 28, 2020.

?

Would people buy Russian silver

  1. Yes

    13 vote(s)
    86.7%

  2. No

    2 vote(s)
    13.3%
  1. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    Would people buy
    Russian made & hallmarked silver bullion ?
    I know I can source it .
    2 issues
    1 is it worth it
    2 would people buy it.
    Discuss
     
    spannermonkey, Aug 28, 2020
    #1
  2. l***g

    l***g Well-Known Member Silver Stacker

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    I would. My friend is a Russophile and I like to buy her silver.
     
    l***g, Aug 28, 2020
    #2
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  3. ParanoidAndroid

    ParanoidAndroid Well-Known Member

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    I would.

    If I could afford it.
     
    ParanoidAndroid, Aug 28, 2020
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  4. kilo

    kilo Well-Known Member Silver Stacker

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    1. Is it worth it? I don’t know how much does it cost?
    2. See 1

    I like Russia coins, esp. early stuff. Wire kopeks, early rubles etc. so bullion is not a stretch for me. I would buy if the product and price match.

    I also like Russian watches but hey, that’s me. Bostock .... hands down best watch on the planet in $100 or less category :)
     
    kilo, Aug 28, 2020
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  5. kilo

    kilo Well-Known Member Silver Stacker

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    1427034A-DC85-4D55-8920-B0F82926D318.jpeg
     
    kilo, Aug 28, 2020
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  6. kilo

    kilo Well-Known Member Silver Stacker

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    :cool: Im interested, pics and prices would be helpful
     
    kilo, Aug 28, 2020
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  7. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    Not anywhere near that .
    If were lucky 12 months at least .
    First hurdle is to be able to source it , minimum spend is ?
    $5M
    2nd hurdle is it worth it ?
    You can't simply buy gold or silver for export from Russia .
    For say even 100kg of silver ,want happen .
     
    spannermonkey, Aug 28, 2020
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  8. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    spannermonkey, Aug 28, 2020
    #8
  9. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    spannermonkey, Aug 28, 2020
    #9
  10. alor

    alor Well-Known Member Silver Stacker

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    they should adapt the rule
    eg weight for weight, ie if you brought in 1 tonne of silver into the country, then you are allowed within 1 year to bring out the equal weight etc
    to promote exchanges
    and no vat please on bars

    looking at European Mint https://www.europeanmint.com/2018-1oz-russia-3-roubles-saint-george-silver-coin/
    seems not likely point of getting Ruski .999 silver
    they don't even carry Russian Pt

    same goes for China hall marks silver bars, very hard to come by outside their boarder
    we can get Taiwan silver products, but its different https://www.facebook.com/truney/photos/a.171434932901916/3630194417025933
    [​IMG]
    [​IMG]
    [​IMG]
     
    Last edited: Aug 28, 2020
    alor, Aug 28, 2020
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  11. alor

    alor Well-Known Member Silver Stacker

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    alor, Aug 28, 2020
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  12. kilo

    kilo Well-Known Member Silver Stacker

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    kilo, Aug 28, 2020
    #12
  13. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    No, I probably wouldn't buy it.

    It will likely be high premium due to the problems of getting hold of it.
    If people can't read it they will be suspicious of it making reselling it difficult.
    If it comes from Russia people will be suspicious of it anyway, making it harder to resell.
    If the USA puts an embargo on Russia it might be hard to sell it on ebay or any other online platform.

    I would love to get hold of some of the Russian equivalent of junk silver, but for 999 silver I am now just going for the cheapest available locally.

    Good luck with the project though.
     
    Jislizard, Aug 29, 2020
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