Vintage 1oz Engelhard Gold Cast Bars

Discussion in 'Gold Coins' started by Aurora et luna, Dec 20, 2013.

  1. whinfell

    whinfell Well-Known Member Silver Stacker

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    Pot. Kettle. Black.
     
  2. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    [​IMG][​IMG]
     
  3. Golden ChipMunk

    Golden ChipMunk Well-Known Member

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    What are you implying? Dare you put $$ up yours mouth.
     
  4. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    [​IMG]
     
  5. Golden ChipMunk

    Golden ChipMunk Well-Known Member

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    What are you on Wrench???

    [​IMG]
     
  6. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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  7. goldpelican

    goldpelican Administrator Staff Member

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    Reign it in guys. Banning stick is getting twitchy, hasn't been used in to week.
     
  8. aussiecollectables

    aussiecollectables Member Silver Stacker

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    So we now know 2000 then quite rare
     
  9. Aurora et luna

    Aurora et luna Well-Known Member Silver Stacker

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    Quite a few of those bars has been dumped onto the market within the last couple of months.
    The high premiums initially asked has halved since.
    If you are paying more than $100 premium above spot; you are paying too much.
     
  10. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    I have it on good authority from one dealer in Melbourne
    They have melted 100-1000's of them :eek:
     
  11. Eureka Moments

    Eureka Moments Well-Known Member Silver Stacker

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    These look very nice. :)
     
  12. Eureka Moments

    Eureka Moments Well-Known Member Silver Stacker

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    Here's 2 I recently picked up. :D

    [​IMG]
    [​IMG]

    Large and small E. Large E has copper spots and looks older.
     
  13. Aurora et luna

    Aurora et luna Well-Known Member Silver Stacker

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    Different size E might generate some excitement with American collectors :)
    Looks like the bars with dimples has a smaller E
     
  14. Eureka Moments

    Eureka Moments Well-Known Member Silver Stacker

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    This could explain the uncertain mintage numbers.

    1000 of each type for 2000 total made?
     
  15. House

    House Well-Known Member Silver Stacker

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    Got me a 1oz Engel earlier this week thanks to an SS member. What a cutie. I'll just add it to the other 6 I'm pretending to own :lol:

    [​IMG]
     
  16. screaming eagle

    screaming eagle Active Member Silver Stacker

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    [imgz=http://forums.silverstackers.com/uploads/12541_2014-03-21_224640.jpg][​IMG][/imgz]

    [imgz=http://forums.silverstackers.com/uploads/12541_2014-03-21_224717.jpg][​IMG][/imgz]

    My three little dimpled Engelhard bars of joy. Thanks to a fellow SSer.
     
  17. Aurora et luna

    Aurora et luna Well-Known Member Silver Stacker

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    Guys, if you are buying these Engelhard bars please make sure the seller is posting the actual bar for sale
    Posting a group pic of Engelhards when selling is unacceptable as these bars do vary greatly in quality and collector appeal.
    Depending of which grade you are buying the asking premiums would range from around $100 to $200 above spot.
    If it has a very deep dimple the premium you should be offering would be at the lower range. The reverse (bottom) of the bar is another area to check. Some are struck beautifully; others have parts of the stamping missing.
     
  18. koolooka

    koolooka Member Silver Stacker

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    Btw, quick question... or maybe I should do a bit of research first.. what's with the dimples? I'm guessing it's from a particular owner who likes to mark his own properties eh?
     
  19. Aurora et luna

    Aurora et luna Well-Known Member Silver Stacker

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    They are caused by uneven cooling (I think that is the reason)
    Maybe someone here can give a scientific explanation why they form on some bars and not others.
     
  20. screaming eagle

    screaming eagle Active Member Silver Stacker

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    Inspection before purchase is definitely something that you should do with regards to these bars (and any PMs purchase). Of course it isn't always practical, the advice AEL provided above (plus doing your own research) is a good way to avoid disappointment.
     

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