Hey there -- I recently purchased an Engelhard 100 oz bar that appears to be part of the "W" serial number family (see the following website http://allengelhard.com/definitive-pages/engelhard-100oz-class/). The mintage was about 25,000. The neat thing about this bar is that has some "irregularities" on the back and edge of the bar, which apparently happened only to the "early ingots." Here are two pictures of the bar. I originally thought it would be worth probably $200 above spot but I think it might actually be more rare than I expected. From what I've read, it sounds like the bar was minted in the early 1980's. How much premium over the spot price do you think the bar is worth? https://imgur.com/a/F9gJn https://imgur.com/a/yjybS
I would estimate a premium of $2 - $5 premium above spot @ a current market value of $17.50 per oz. And also welcome to the Forum, feel free to drop buy here http://forums.silverstackers.com/forum-22-welcome-new-members.html and introduce yourself. Ya got a nice bar there mate cheers
Love those poured bars, especially the big ones! You can always check the going prices on ebay, as they give a good indication what people would pay. I see a similar bar currently being auctioned off at 2188 USD. http://www.ebay.com/itm/ENGELHARD-1...139485?hash=item4658991a5d:g:hG8AAOSwHMJYI8d8
Wow that's interesting because the bar is so similar -- it's a "W" serial number class and also has the abnormalities on the bottom. Thanks for sharing!
Hey Altima, you are active here I see. if you recall about a year 1/2 ago we chatted on red tags and I sent you a friend to buy a generic 100oz Engelhard ( extruded ) his name was Billy. Just wanted to acknowledge you Cheers D
Generally the 100oz bars including Engelhard do not get much premium at al.. On average these only fetch $1-$3+ Premium although lower mintage Engels $3-$5 or more some exceptions are the more common bars with amazing pour lines this hold true to the 20oz( 4th series CDN) and also on the 4th series CDN 100oz variation, but note the odd ultra rare 100oz will do $6-$8+ premium. Hope this helps you with your query ( W bars are spot plus $3+ types) Cheers D