Can someone help me here.. every post I click the prices are outrages.. Like I just want to buy a bar of silver god dammit without taking out a mortgage! I mean I thought it would be good for both party's. I buy silver at spot so they dont have to sell there silver to retail shops and sell it for minus spot.. is that not a fair deal? wtf is this 200 dollar coin price i keep seeing..
Can you point me to the $200 house? I'd like to buy the street outright. Not sure of the coin trade you're talking about, nor the unspecified weight of the PM in it. Isn't $200 for a 10 oz coin decent? If it's a 1 oz-er, at that price its likely got some collect-appeal, low mintage, or snot. Focus on the bars.
I agree, they're totally outrages. The $200 coin thing is totally different to demanding silver at spot. Mainly because it's gold.
A $200 coin is a 10g gold coin with a face value of $200 - spot makes that worth about $400. Most prices here are somewhere between spot, and what the big dealers are charging. I can walk in to at least 3 dealers in Perth and sell any .999 silver at spot price - if I'm selling on here, I'm going to expect more. If you don't like the price, don't buy it - that's the cool thing about the open market.
Check Ainslie for your 200 gold (Great prices) https://www.ainsliebullion.com.au/BuyBullion.aspx [youtube]http://www.youtube.com/watch?v=vg7ZsOFSV7c[/youtube]
If you want to buy silver bars cheap, put up an offer thread. But don't bitch because people want to sell to you at spot. And there is never a reason to take the Lord's name in vain.
Not all $200 coins are 10grams. The Perth Mint produced 17gram proof versions for the 1993 commonwealth games. I'm not sure if they did it more than once but best to check the weights of the coins rather than assuming they are all the same. As they say 'assumption is the mother of all f*ck ups'
Well heaps stuff here are overpriced but most prices are lower than bullion retailers. Every now and then u find a bargain and usually its gone by the time u see it
overpriced compare to what? anyone can set their price as they wish...why should a private seller sells his stuff cheaper than any dealer? why dont u go and ask any bullion dealers why are they charging coin dealer prices on some of their bullion items especially when that stuff was buyback(which is spot or less as we all know)
The GEN Y Stacker- The most likely to swap 10oz bar for a car part. Often needs to sell part of the stack to pay for speeding fines. Starts out as a hard core PURE stacker but fizzles out very quickly due to lack of funds. Very vocal on forums for a short time before loosing interest. The gen Y stacker is considered at risk of having their stash stolen due to the high frequency of drunken rants. Can be very clever and resourceful but lacks focus. Most likely to return to stacking later in life as a PURE stacker. Those that do survive often take up the sport of flipping coins. The Pure stacker loves the gen Y stacker due to the ability to pick up metal at or below spot price whilst getting rid of unwanted car parts.
Yea but i am not talking about coins and good premium stuff.. I just want a chunk of silver bar... why the f would I spend so much on a god dam silver coin? I am not a collector i am an investor/stacker.. I stack silver not the "OMGGG ITS A BIRD ON THE COIN" ...
