5 kg Engelhard Silver Bar

Discussion in 'Silver' started by Aurora et luna, Jan 6, 2014.

  1. djonn

    djonn New Member

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    Sorry, I'm new to all this. What is 'spot'?
     
  2. Belvedere

    Belvedere Active Member Silver Stacker

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    Didn't your mother tell you that if you don't have anything nice to say then say nothing at all? Some people appreciate old and unusual things (especially my wife).
     
  3. lshallperish

    lshallperish New Member

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    Show me any where on this thread that speaks about appreciating old and unusual things.. I dont know about you but the thread says "5kg engelhard silver bar" and people discussing about charging "extra" because its a 5 kilo engelhard bar..
     
  4. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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  5. graydragon

    graydragon New Member

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    Wow That's a Nice Bar! If I had it I would just leave it on the coffee table and tell everyone who asks
    yeah Its fake bought it at the flea market for five bucks LOL ! Because other than us silver nuts I don't think anyone else would think it was a real
    deal its so DAMN BIG!!! wow I love this board thanks for sharing!
    graydragon :D
     
  6. Aurora et luna

    Aurora et luna Well-Known Member Silver Stacker

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    Spied a pic of my bar on the allengelhard website.
    Decided to contact them for an opinion and was pleasantly surprised at how much I underestimated the value of this bar.
    Now to find someone who wants to own the ultimate door stop :p

    Thanks very much to the guys at allengelhard

    "We are seeing Tier 1 50 and 100 oz early Engelhard bars trade at +/- 140-150% of spot price, which, in comparison to smaller ingots trading at multiples of spot makes the larger bars seem like an absolute bargain for a collector. We would estimate the value of your 5kg Aussie to be in that 140-150% of spot range like the other scarce larger bars, putting it at +/- $4000-4300 value. Certainly this is only a wild guess, and the open market will determine value. If you have interest in selling this bar we always suggest an Ebay open auction as the best determinant of fair market value, but we can also match you with potential buyers and provide you their contact information as a courtesy if you so desire. "
     
  7. Golightly

    Golightly Well-Known Member Silver Stacker

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    Well there you go.
     
  8. NVU

    NVU Member

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    ....and the mintage get upgraded to less than 1000 now. I wouldn't be surprised if the mintage get lower in the future :cool:
     
  9. SpacePete

    SpacePete Well-Known Member Silver Stacker

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  10. SpacePete

    SpacePete Well-Known Member Silver Stacker

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  11. Russ4570

    Russ4570 New Member

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    Now that is a bar to behold!
     
  12. SilverBullet8241

    SilverBullet8241 New Member

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    Question for I think spannermonkey from the previous page. What do you mean 'premiums stop after the 10oz'? I understand thinking that with the 100oz bats being relatively cheap but certainly those pretty 20 and 50oz bars ain't cheap at all considering according to your comment they should have 'no premium'?
     

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