Do You Have and Hate Your Fractional Silver? I Want It.

Discussion in 'Australia & New Zealand (Public)' started by lowtech, Mar 17, 2018.

  1. lowtech

    lowtech Active Member

    Joined:
    Mar 11, 2018
    Messages:
    149
    Likes Received:
    38
    Trophy Points:
    28
    Location:
    Perth
    Hi, everyone.

    I'm looking to swap (ounce for ounce) around 100 oz of low premium 999 silver coins for smaller denominations in any 999 form.

    This will only appeal to the regretful purchaser of fractional stuff, as I am aware that 1/10, 1/4 and 1/2 oz stuff is somehow 'more valuable' (read: more expensive) ounce for ounce than what I am offering.

    I'm not a flipper chasing a profit, I'm just looking for a more accurate way to have smaller silver pieces that doesn't involve tinsnips.

    I have 1oz, 2oz, 10oz and 1kg units that I am happy to trade with, but it is the 1oz coins that I regret buying and I really just want smaller denominations, ounce for ounce.

    Anything that isn't low premium is wasted on me, but if you don't mind, then I don't either.

    I post this in the spirit of 'one mans trash is another mans treasure' or as Confucious says, "I hope we can ying each others yang." ..or something, I'm not really sure, I never paid much attention in church.
     
  2. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

    Joined:
    Jun 5, 2010
    Messages:
    15,586
    Likes Received:
    1,417
    Trophy Points:
    113
    Location:
    here there everywhere
  3. Stoic Phoenix

    Stoic Phoenix Well-Known Member Silver Stacker

    Joined:
    Nov 12, 2014
    Messages:
    4,314
    Likes Received:
    1,885
    Trophy Points:
    113
    If you have no luck with swaps I have fractionals that you can buy.
    If interested in this avenue of acquiring fractionals send me a PM
     
  4. lowtech

    lowtech Active Member

    Joined:
    Mar 11, 2018
    Messages:
    149
    Likes Received:
    38
    Trophy Points:
    28
    Location:
    Perth
    PM sent.
     
  5. lowtech

    lowtech Active Member

    Joined:
    Mar 11, 2018
    Messages:
    149
    Likes Received:
    38
    Trophy Points:
    28
    Location:
    Perth
    If no takers for a fractional swap, then I'll swap 100 1oz 999 for bars or buttons.
     
  6. clear

    clear Well-Known Member

    Joined:
    Jan 12, 2012
    Messages:
    1,249
    Likes Received:
    176
    Trophy Points:
    63
    Location:
    WA
    What city are you in ?
     
  7. lowtech

    lowtech Active Member

    Joined:
    Mar 11, 2018
    Messages:
    149
    Likes Received:
    38
    Trophy Points:
    28
    Location:
    Perth
    Perth is the closest city to me.
     
  8. Adrian B

    Adrian B Active Member

    Joined:
    Jan 31, 2018
    Messages:
    116
    Likes Received:
    20
    Trophy Points:
    28
    Location:
    Castlemaine
    $723 for 100 5 g bar
     
  9. Adrian B

    Adrian B Active Member

    Joined:
    Jan 31, 2018
    Messages:
    116
    Likes Received:
    20
    Trophy Points:
    28
    Location:
    Castlemaine
    And if you buy 300 of them it's free postage
     
  10. lowtech

    lowtech Active Member

    Joined:
    Mar 11, 2018
    Messages:
    149
    Likes Received:
    38
    Trophy Points:
    28
    Location:
    Perth
    I'll swap 16oz for it.
    Can't do cash though, I'd have to sell a kilo bar, first.
     
  11. Adrian B

    Adrian B Active Member

    Joined:
    Jan 31, 2018
    Messages:
    116
    Likes Received:
    20
    Trophy Points:
    28
    Location:
    Castlemaine
    It was a waste of money when I will give you away for less than kilo kookaburra
     
  12. lowtech

    lowtech Active Member

    Joined:
    Mar 11, 2018
    Messages:
    149
    Likes Received:
    38
    Trophy Points:
    28
    Location:
    Perth
    Yes, I know. It was sort of my point. Didn't mean any disrespect but at first, I thought that you were taking the p**s but then I looked up what you had and realised that your offer was serious. Just the way that it was written, 500g for 1kg price, I couldn't resist being sarcastic. I can see that what you were offering would be attractive to many here, but I don't value plastic coated silver as any more than its weight. I appreciate the offer as it is exactly the type of thing that I was asking for, just a pity that they aren't all banged up and just worth their weight.

    Thanks for the offer, see you in the other thread, haha.
     
  13. Jislizard

    Jislizard Well-Known Member Silver Stacker

    Joined:
    Apr 7, 2011
    Messages:
    7,823
    Likes Received:
    602
    Trophy Points:
    113
    Location:
    Australia
    Have you considered 50% pre decimal coins or are you only after 999 pure?

    Making smaller 999 fractionals still requires designers, die making, storage, adverting, distribution and all the other expenses that go into the larger more popular offerings but the amount of silver is low, so the main cost is in all the overheads. As you add more silver the other costs stay the same and you are just paying the extra silver price, hence the better premiums.

    For fractional amounts I just go for pre decimals, 92.5% if you want to get fancy but 50% is cheaper and more readily available.
     
  14. lowtech

    lowtech Active Member

    Joined:
    Mar 11, 2018
    Messages:
    149
    Likes Received:
    38
    Trophy Points:
    28
    Location:
    Perth
    Yeah, I really like that stuff but for collecting 'just' silver, for some reason I can't value it as silver and think that if I can't even see the value of it, then how will anyone else if I ever had to trade it for anything to someone who isn't into silver?

    I see them as I guess, a cake. It might be 50% flour but it really is of no use having a cake when what you really want, is flour. If that makes any sense?

    I don't see why a one-off cost of making a jig should be transferred to the cost of a coin. I can see how a premium would come from hand-carving them all but you make a jig for repetitive tasks so that the task is easier and therefore cheaper. It seems though that it was made only to be easier, without any goal of making a more affordable product.

    I do like those but to hold them, they would be a coin collection to me and not really classed in my mind, as silver. Even the 92.5% stuff. It's that cake thing, again. I'm not really into coins but I may surprise myself and get some and even like them.

    I know for a fact that I'm not into shiny, careful-with-them coins, the premiums paid are wasted because the first thing I do is take the capsules off, handle it and throw it in the bucket with the rest.

    Blobs are the only value for money for me, it seems.
     
  15. Dolly123

    Dolly123 Active Member

    Joined:
    Feb 23, 2018
    Messages:
    117
    Likes Received:
    27
    Trophy Points:
    28
    Whete in Perth are you located lowtech?
     
  16. lowtech

    lowtech Active Member

    Joined:
    Mar 11, 2018
    Messages:
    149
    Likes Received:
    38
    Trophy Points:
    28
    Location:
    Perth
    I can get anywhere in or around Perth.
     
  17. Dolly123

    Dolly123 Active Member

    Joined:
    Feb 23, 2018
    Messages:
    117
    Likes Received:
    27
    Trophy Points:
    28
    Cool im in Kardinya. If you need to get rid of larger stuff to accommodate your needs then pm me photos and prices.
     
  18. lowtech

    lowtech Active Member

    Joined:
    Mar 11, 2018
    Messages:
    149
    Likes Received:
    38
    Trophy Points:
    28
    Location:
    Perth
    PM sent
     
  19. Jislizard

    Jislizard Well-Known Member Silver Stacker

    Joined:
    Apr 7, 2011
    Messages:
    7,823
    Likes Received:
    602
    Trophy Points:
    113
    Location:
    Australia
    You can always get silver shot but I think that you have to pay tax on them.
     
  20. lowtech

    lowtech Active Member

    Joined:
    Mar 11, 2018
    Messages:
    149
    Likes Received:
    38
    Trophy Points:
    28
    Location:
    Perth
    Yeah, I do like to have 999 and a weight stamped on my stuff.

    If I had shot, that would just throw another hobby into the mix. I can't afford too many hobbies at once, haha.

    I did look into those divisible sheets and the snap bullion but every time I go to the bullion shop I walk out with a bunch of crap that I didn't want so the other day I went in for the sole purpose of getting a bunch of the 2oz monarch tombstone-shaped things.

    (not THE tombstone) and I'm really happy with them although I was a bit disappointed at how shiny they are because the pictures that I saw before I went in there showed dark writing stamped into it, but my writing was all shiny and new looking, haha.
     

Share This Page