HYPOTHETICAL AUCTION: 1kg PAMP SUISSE bullion - f2f BRIS

Discussion in 'Silver' started by Yippe-Ki-Ya, Mar 7, 2011.

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  1. Yippe-Ki-Ya

    Yippe-Ki-Ya New Member

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    Guys

    I'm just trying to get an idea of what you would be willing to pay for a 1kg PAMP SUISSE bullion bar right now?

    No need to PM me just "bid" here, but keep it real pls - i'm doing some research into what people are prepared to pay right now, with physical silver being as scarce as it currently is...

    If outside BRIS area then buyer pays courier cost.

    cheers
     
    Yippe-Ki-Ya, Mar 7, 2011
    #1
  2. silverfunk

    silverfunk Active Member

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    1200
     
    silverfunk, Mar 7, 2011
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  3. 2ds

    2ds New Member

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    I was doing some investigations and averaging today and this is about the figure I came up with.

    The only thing is.... that is if you can find one for sale....
     
    2ds, Mar 7, 2011
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  4. Silver Soul

    Silver Soul Well-Known Member Silver Stacker

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    Hypothetically, I would start with $1200.00
     
    Silver Soul, Mar 7, 2011
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  5. THUCYDIDES79

    THUCYDIDES79 New Member Silver Stacker

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    In my opinion this is the best 1 kg bar in the world bar none.

    Id be swapping 1kg Perth Mint bar + 1 oz silver at least for 1kg PAMP.

    its the 'suisse' :)
     
    THUCYDIDES79, Mar 7, 2011
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  6. Yippe-Ki-Ya

    Yippe-Ki-Ya New Member

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    Just remember that it's available for immediate delivery - not 2 or 3 months from now.
     
    Yippe-Ki-Ya, Mar 7, 2011
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  7. 2ds

    2ds New Member

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    Yeah I get that, but you walk into a shop and see if they have any at the moment?

    that's why I'm saying 1200 may be the going price but i'm not sure if you will be able to get one for that...
     
    2ds, Mar 7, 2011
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  8. Yippe-Ki-Ya

    Yippe-Ki-Ya New Member

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    I agree - so what premium (above $1200) would you be willing to pay for the privilege of being able to get it now?
     
    Yippe-Ki-Ya, Mar 7, 2011
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  9. silverfunk

    silverfunk Active Member

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    I guess in situations like this where spot is getting higher id be avoiding pamp and just going for generic ainslie bars or bars that are a fraction over spot.

    But what yiPPE says its available for immediate delivery so people will pay the premium to have it.

    In this scenario id say this could go for anywhere between 1225-1250, if on ebay 1300 would be possible.
     
    silverfunk, Mar 7, 2011
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  10. malachii

    malachii Well-Known Member

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    I offered 2 Pamp 1kg for sale (immediate delivery) at $1200 each including platinum post and $1180 each plus platinum post last week and both buyers turned me down!

    I'm pretty happy about that actually :)

    malachii
     
    malachii, Mar 7, 2011
    #10
  11. rbaggio

    rbaggio Active Member Silver Stacker

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    PM sent
     
    rbaggio, Mar 7, 2011
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  12. Rothbard

    Rothbard New Member

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    1200.
     
    Rothbard, Mar 7, 2011
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  13. Rothbard

    Rothbard New Member

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    This is a great example of the weakness of the auction system.

    Now do the research in a "closed tender" way.

    Ask for each bidders one and ONLY bid, their HIGHEST bid and then compare the spread.

    Would be interesting to then report on the spread.
     
    Rothbard, Mar 7, 2011
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  14. Nugget

    Nugget Well-Known Member Silver Stacker

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    $900
     
    Nugget, Mar 7, 2011
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  15. Yippe-Ki-Ya

    Yippe-Ki-Ya New Member

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    ok, so my best offer thus far is a 1kg Perth Mint bar + 1 Oz silver from THUCYDIDES79 ...

    Keep on bidding
     
    Yippe-Ki-Ya, Mar 7, 2011
    #15
  16. rbaggio

    rbaggio Active Member Silver Stacker

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    $900 + 1oz silver. Trumped.
     
    rbaggio, Mar 7, 2011
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  17. Yippe-Ki-Ya

    Yippe-Ki-Ya New Member

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    That's a great idea! That may be my next research piece ;)
    I agree with you fully by the way - this applies to selling property as well.
     
    Yippe-Ki-Ya, Mar 7, 2011
    #17
  18. renovator

    renovator Well-Known Member

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    a 1 oz kook & charlie sheens porn friend for a night
     
    renovator, Mar 7, 2011
    #18
  19. bsides

    bsides Active Member Silver Stacker

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    1000
     
    bsides, Mar 7, 2011
    #19
  20. Yippe-Ki-Ya

    Yippe-Ki-Ya New Member

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    lol - sorry - your bid has to be higher than the best so far - not lower ;)
     
    Yippe-Ki-Ya, Mar 7, 2011
    #20
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