1oz Silver Minted Bars - Johnson Matthey Vs 1oz Maple Leafs

Discussion in 'Silver' started by Silversun, Jun 20, 2012.

  1. Silversun

    Silversun New Member

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    Hi stackers,

    Is having a serial number on your bars better than having a highly liquid coin, what do u think?

    Pros and cons of JM bar pro serial numbers con boring to look at ! pro lower premium compared to the maple leaf. Pro LBMA recognised!
    Pros and cons of Maple Leaf Coin Con no serial number pro great to look at con higher premium than Matthey Bars. Pro Internationally Recognised!

    Both highly liquid :)

    As for being a full time tight arse lol i think I probably go with the Bars cheaper.

    What do all you other stackers think.
     
  2. goldpelican

    goldpelican Administrator Staff Member

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    LBMA recognise 1000oz bars - not 1oz bars.

    The legal tender status of Maples makes it a federal offence to handle counterfeits, whereas no-one seems to care about fake 1oz bars.
     
  3. Zomby

    Zomby New Member

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    Pros and cons are different for different poeple depending on their reasons for buying

    Whatever makes your boat float...
     
  4. Kawa

    Kawa New Member

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    @GP

    I see internet adds for smaller bars that say LBMA endorsed/approved etc etc.

    Are they false advertising?
     
  5. goldpelican

    goldpelican Administrator Staff Member

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    The maker might be on a list of LBMA recognised refiners - but LBMA deals with ~1000oz bars. Look up the Good Delivery specification.

    http://www.lbma.org.uk/pages/index.cfm?page_id=27

    Minimum silver content
    750 troy ounces (approximately 23 kilograms)
    Maximum silver content
    1100 troy ounces (approximately 34 kilograms)
    Minimum fineness
    999.0 parts per thousand silver
     
  6. Kawa

    Kawa New Member

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    Got it Thanks.
     
  7. xRebirthed

    xRebirthed New Member

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    I'm from Singapore, I like JM bar 1oz as there are individual serial number on it.
     
  8. reggie

    reggie New Member

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    Depends what you mean by "better". I think it's just a matter of personal choice based on your own circumstances. I prefer coins.
     

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