An update I can give a pretty good guessestimate that less than 10 stackers are collectively holding at least 80 Engelhard bars (The two biggest holders have a combined haul of 45 bars) They are not really collectors but are buying multiple bars with the expectation of flipping them in the future for a decent profit. What is remarkable is that to a man they are holding on tightly to their bars and seem not in a hurry to sell. There has been some good buys made; a Sydneystacker member only paid a $70 premium per bar to a dealer for his dimpled bars which isn't much more than your bog standard Perth Mint bars. If anyone has any additional information that they care to share, please post here or send me a pm.
During my recent travels in Europe, I wanted to avoid pesky exchange rates. I managed to sell two of these bars F2F to a collector in Germany for 1150 Euro each, which at the time was around $1690 AUD per bar. Spot Gold price was around the $1390AUD mark at the time, so it was a decent premium.
Getting a 'site not found' error. Anybody know wheats happened to it? Was working fine a few weeks ago.
I have got a gold ounce, ENGELHARD, and I would like to sell it. Is anyone interested? Please contact me. I am in Melbourne. <a href="http://imageshack.com/i/ey...e Hosting at imageshack.com" border="0"/></a> <a href="http://imageshack.com/i/ey...e Hosting at imageshack.com" border="0"/></a>
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FFS read the rules NO links for the first 7 days And how about an introduction first "in the proper section"
Premiums has slipped down a bit! $60 - $120 above spot depending on the strike and quality of the bar. Make sure you get pics of both sides of the bar before you commit to the purchase
Is there a lot of these available? Thanks for the comment.. Just curious I haven't been able to find the mintage allengelhard is down with the gold section.
If you are prepared to pay $120 premium price above spot, I would have no problems sourcing at least a dozen top grade bars in Sydney. It's only a guessestimate however I wouldn't be surprised if a survey discovered forum members are currently holding at least 100 bars of various grades in reserve