Ruski silver

Discussion in 'General Precious Metals Discussion' started by spannermonkey, Aug 28, 2020.

?

Would people buy Russian silver

  1. Yes

    86.7%
  2. No

    13.3%
  1. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

    Joined:
    Jun 5, 2010
    Messages:
    15,426
    Likes Received:
    1,176
    Trophy Points:
    113
    Location:
    here there everywhere
    Would people buy
    Russian made & hallmarked silver bullion ?
    I know I can source it .
    2 issues
    1 is it worth it
    2 would people buy it.
    Discuss
     
  2. l***g

    l***g Active Member Silver Stacker

    Joined:
    Jun 20, 2014
    Messages:
    508
    Likes Received:
    228
    Trophy Points:
    43
    Location:
    a blue sunday
    I would. My friend is a Russophile and I like to buy her silver.
     
    spannermonkey likes this.
  3. ParanoidAndroid

    ParanoidAndroid Well-Known Member

    Joined:
    Dec 2, 2015
    Messages:
    842
    Likes Received:
    463
    Trophy Points:
    63
    Location:
    S.E.Q
    I would.

    If I could afford it.
     
    spannermonkey likes this.
  4. kilo

    kilo Well-Known Member Silver Stacker

    Joined:
    Feb 5, 2011
    Messages:
    580
    Likes Received:
    374
    Trophy Points:
    63
    Location:
    Australia
    1. Is it worth it? I don’t know how much does it cost?
    2. See 1

    I like Russia coins, esp. early stuff. Wire kopeks, early rubles etc. so bullion is not a stretch for me. I would buy if the product and price match.

    I also like Russian watches but hey, that’s me. Bostock .... hands down best watch on the planet in $100 or less category :)
     
    spannermonkey likes this.
  5. kilo

    kilo Well-Known Member Silver Stacker

    Joined:
    Feb 5, 2011
    Messages:
    580
    Likes Received:
    374
    Trophy Points:
    63
    Location:
    Australia
    1427034A-DC85-4D55-8920-B0F82926D318.jpeg
     
    spannermonkey likes this.
  6. kilo

    kilo Well-Known Member Silver Stacker

    Joined:
    Feb 5, 2011
    Messages:
    580
    Likes Received:
    374
    Trophy Points:
    63
    Location:
    Australia
    :cool: Im interested, pics and prices would be helpful
     
    spannermonkey likes this.
  7. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

    Joined:
    Jun 5, 2010
    Messages:
    15,426
    Likes Received:
    1,176
    Trophy Points:
    113
    Location:
    here there everywhere
    Not anywhere near that .
    If were lucky 12 months at least .
    First hurdle is to be able to source it , minimum spend is ?
    $5M
    2nd hurdle is it worth it ?
    You can't simply buy gold or silver for export from Russia .
    For say even 100kg of silver ,want happen .
     
    kilo likes this.
  8. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

    Joined:
    Jun 5, 2010
    Messages:
    15,426
    Likes Received:
    1,176
    Trophy Points:
    113
    Location:
    here there everywhere
  9. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

    Joined:
    Jun 5, 2010
    Messages:
    15,426
    Likes Received:
    1,176
    Trophy Points:
    113
    Location:
    here there everywhere
  10. alor

    alor Well-Known Member Silver Stacker

    Joined:
    Jun 16, 2011
    Messages:
    9,498
    Likes Received:
    2,336
    Trophy Points:
    113
    Location:
    Pulau Alor ;)
    they should adapt the rule
    eg weight for weight, ie if you brought in 1 tonne of silver into the country, then you are allowed within 1 year to bring out the equal weight etc
    to promote exchanges
    and no vat please on bars

    looking at European Mint https://www.europeanmint.com/2018-1oz-russia-3-roubles-saint-george-silver-coin/
    seems not likely point of getting Ruski .999 silver
    they don't even carry Russian Pt

    same goes for China hall marks silver bars, very hard to come by outside their boarder
    we can get Taiwan silver products, but its different https://www.facebook.com/truney/photos/a.171434932901916/3630194417025933
    [​IMG]
    [​IMG]
    [​IMG]
     
    Last edited: Aug 28, 2020
    spannermonkey likes this.
  11. alor

    alor Well-Known Member Silver Stacker

    Joined:
    Jun 16, 2011
    Messages:
    9,498
    Likes Received:
    2,336
    Trophy Points:
    113
    Location:
    Pulau Alor ;)
  12. kilo

    kilo Well-Known Member Silver Stacker

    Joined:
    Feb 5, 2011
    Messages:
    580
    Likes Received:
    374
    Trophy Points:
    63
    Location:
    Australia
  13. Jislizard

    Jislizard Well-Known Member Silver Stacker

    Joined:
    Apr 7, 2011
    Messages:
    7,817
    Likes Received:
    594
    Trophy Points:
    113
    Location:
    Australia
    No, I probably wouldn't buy it.

    It will likely be high premium due to the problems of getting hold of it.
    If people can't read it they will be suspicious of it making reselling it difficult.
    If it comes from Russia people will be suspicious of it anyway, making it harder to resell.
    If the USA puts an embargo on Russia it might be hard to sell it on ebay or any other online platform.

    I would love to get hold of some of the Russian equivalent of junk silver, but for 999 silver I am now just going for the cheapest available locally.

    Good luck with the project though.
     
    kilo and spannermonkey like this.

Share This Page