Quote to Mint a Divisible 1 Oz, 5 Oz and 10 Oz

Discussion in 'Silver' started by nzJimmyJames, Feb 13, 2012.

  1. nzJimmyJames

    nzJimmyJames New Member

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    Hi all,

    I'm a newbie to the silver stacking scene so the following may be wrong - I would love your feedback!

    The main reason I'm keen to build up a decent amount of silver is to survive a bit longer if (when) the SHTF in the near future.

    From a bit of research I concluded that (most) silver will be worth the same - based on weight, not design or rarity (is numeristics the right word to use here?)

    I then came across the divisible QSB Gold Panner and Northwest Territorial Stagecoach designs. I thought these would be ideal for making the silver more liquid if need be, however I can't find anyone who will ship to Australia (have I missed someone?)
    [​IMG]
    Source: qualitysilverbullion.com

    [​IMG]
    Source: nwtmint.com


    Anyway... out of interest I found a silver bullion producer in China and got a quote for creating a similar concept and I thought you might find it interesting. Perhaps if there were enough people we could get together and come up with a design?

    Below is the quote I received on the 10th of February with a spot price of around $33.50 USD

    The following is the price of our .999 pure silver coin or bar:

    1.)
    1 OZ /PC, 1OZ =31.1g
    mold fee: USD160
    100PCS: USD38.1/PC
    500PCS: USD37.3/PC
    1000PCS:USD37.3/PC

    2.)
    5 OZ /PC, 1OZ =31.1g
    mold fee: USD254
    100PCS: USD186.7/PC
    500PCS: USD186.7/PC
    1000PCS:USD185/PC

    3.)
    10 OZ /PC, 1OZ =31.1g
    mold fee: USD320
    100PCS: USD369.9/PC
    500PCS: USD369.9/PC
    1000PCS:USD366.2/PC

    It's probably not worth it at these prices is it?

    It would be cool to have a community mint though!!

    Cheers :D

    Jimmy
     
  2. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    Do you like sheep? I do. I like fluffy sheep. And shorn sheep, we call them Shaun here. Some call them Sean.
     
  3. nzJimmyJames

    nzJimmyJames New Member

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    Sheeple joke?.....

    Maybe we could make a divisible sheep coin.. with wee lambs on each quarter?
     
  4. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    Mate, are you legit or just bullshitting. I quote from you:

    To me it looks like spam, please correct me if I'm wrong.
     
  5. nzJimmyJames

    nzJimmyJames New Member

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    Oh sorry dude, legit, I just copied that from the email! quote! ?

    sorry, such a n00b!
     
  6. Jislizard

    Jislizard Well-Known Member Silver Stacker

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  7. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    Here I go in naive mode.

    Not worth getting your own coins made because even if you can get them minted for spot you will only be able to sell them for spot and the buyers will only be able to sell them for spot because you are not a recognised dealer or source of premium silver coins, rounds or bars because you are a NOOB!!!!

    My advice to you is to save time and energy and buy from one of the recognised mints of the world. The links you have provided are quality product but are still not premium sources of silver and will only command at best, $3 over silver spot price at max.

    You have obviously not done your research because some silver coins have a higher premium than others.

    Edit to add: yes jis, totally under the influence and there are a million private issues of silver rounds in the world already, why do we need another lot?
     
  8. nzJimmyJames

    nzJimmyJames New Member

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    Jislizard those Alcambi Combi Bar's look cool, however I was thinking silver (and possibly copper?) might be more tradable and divisible if (possible) hyperinflation pushes gold into even more of an unreachable price range?

    Shiney! You make good points, I forgot to mention the fact that not having a name or reputation would decrease the value... but yes, you're right, I am a NOOB.

    I have been buying recognised mints of the world, I was just wondering if the divisible concept was a goer and thought people might be interested in the prices..
     
  9. nzJimmyJames

    nzJimmyJames New Member

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    Oops - didn't see the silver ones - very cool! That seems like the answer, thanks!
     
  10. Maggie

    Maggie New Member Silver Stacker

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    The Silver aren't in stock and to date haven't been available.
     
  11. nzJimmyJames

    nzJimmyJames New Member

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    Ah that's disappointing, I think BullionMoney was saying in the other thread that they had some 10 x 10g on the way?

    I would be keen for some 100 x 1g too - IF hyperinflation ever hits it would perfecto
     
  12. Dirtbikepilot

    Dirtbikepilot Active Member

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    I think I will stick with what I know and what everyone else knows. Would be nice to have your own little
    coin, might be a bit harder to convince anyone it is legit come time to sell it. It is getting to the point
    where you're not sure if known product is real, not going to trust something from left field.
     
  13. SilverNash

    SilverNash New Member

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    All you'd need is to have them assayed and give a "silver stackers COA" with it but then thats a huge cost on top lol
     
  14. nzJimmyJames

    nzJimmyJames New Member

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  15. SilverNash

    SilverNash New Member

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    Nope but its something that could be done im sure if we dis have ourown bars/coins.
     

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