Just wondering on every ones thoughts,what they would prefer.I have a couple of hundy oz PM bars thinking of changing one of them to 10 x 10oz or 5 x 20 oz.Would I expect to pay a premium to go to smaller bars or is it a swap thing, Im not sure how it would work.Thoughts?
Yeah premium increases in general the smaller you go. I'd rather 10x10 than 1x100oz just because it would be easier to get rid of.
yo may be lucky and manage to get a straight swap with someone here. at the end of the day its 100 oz for 100 oz. Good luck
You could always try CK's melting pot if you don't get a swap http://forums.silverstackers.com/message-118039.html#p118039
I think you bought the 100 oz originally because it was cheaper than buying 10x10. (At least from the Peter Mint)
You might be able to do a 100oz perth mint for 10x10oz generics, but if you want perth mint 10ers you would need to give some extra ounces in premium. i.e. 3x1oz kooka, or 9 x1966 50s, or equivalent $
yea soon as i bought it i thought "damn why didnt i get three x 1kg bars" not that im that worried, its for paying off my house anyway so ill probly sell all at once.I was in it for shtf but ive changed tune to paying of my house.At least when the shtf,I hopefully wont have a mortgage hanging over my head.(So im in it for shtf anyway )
you will be able to buy lets say 3-5x10oz bars 6 months from now from your savings, however it is already difficult to buy 100oz bars - cost-wise and it will get more difficult...Take that into account if you are looking into stacking more. There will always be buyers to anything and patient sellers to sell to them...You may wanna look into not buying 100oz bars anymore but buying 10oz bars from now on...
yea i think come tax time if i have any spare fiat and silvers price is right for me I may get some more silver in 10 oz bars.If silvers price isnt right for me, Ill look to a couple of oz of gold depending where its at.If its all out of my league Ill buy another remote control toy :lol: (after I put some fiat off the mortgage )
Depends on when you want to sell. If you are planning on selling at $80. A 100oz bar would be $8000. Still ok to sell to one person. But if you're planning to sell at $400. A 100oz bar would be $40000. Thats going to be hard to sell to one person. A 10oz bar will be $4000, which is ok.
I'd embrace the concept of "XOR" on this one. Seriously though, when it comes to silver, I like to squeeze every last ounce out of my fiat, so I prefer larger bars. If I'm going to go small and pay premiums, I do it in style: coinage
100 oz or 10 x 10 oz bars, If they are priced the same than ALWAYS go for the 10 x 10 oz bars, If the 100 oz bar is cheaper than 10 x 10 oz bars ( as it always should be ) than only buy the 100 oz bar if you already have at least another 300 oz silver.
Mix of sizes is good for liquidity. At $50 silver if you need $1000 you can sell 2x 10oz bars - and still hold 90oz. If you only had a 100oz bar and were genuinely strapped for cash you would need to sell the entire 100oz in one hit, and be forced to pay premiums again to reinvest the money for probably less than 90oz.
It would probably be more like 75 x 1 ounce due to massive spread on 1 Oz bars/coins So yeh, you'll have more liquidity, but you'll also be holding substantially less tin! Not so cleancut now is it ...
