What sells the fastest on the Forums?

Discussion in 'General Precious Metals Discussion' started by SliderC, May 4, 2020.

  1. SliderC

    SliderC Active Member

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    Hi All,

    Ive been a long time stalker of the SS forums and always find it interesting to see what sells the fastest on the Sales Thread but Im also curious to see if my impressions match yours.

    If you feel inclined, let me know what you think sells the fastest and most likely to sell, maybe your top 5.

    For my opinion, I reckon the top 5 are:

    1. Perth Mint Gold Coins - any variance up to 1oz.
    2. Silver 50c Peices
    3. Perth Mint Kilo Silver Bars.
    4. Tubes of Perth Mint Bullion 1oz Silver Roo's
    5. American 1oz Silver Eagles

    Thats just my 2 cents. Feels like well priced bullion is the hottest commodities. Definately a numi market also but probably less volume and interest, of course, "stackers" be stackin.

    Hope you all enjoying your isolation, getting your hands on some physical in the meantime :)
     
    barneyrubble likes this.
  2. ozcopper

    ozcopper Administrator Staff Member

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    Currently, anything reasonably priced sells very fast!
     
  3. Feduptryingnames

    Feduptryingnames Member

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    I would agree. I watched 8 x 1kg coins being sold recently. They all went in under 2hrs.
     
  4. dollars

    dollars Active Member Silver Stacker

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    I agree with ozcopper and believe price is most important with most items at spot or close to spot sell quickly
     
  5. madaw1

    madaw1 Well-Known Member

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    Any Fractionals gold(coins,bars)close to spot are being sold immediately...
     
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  6. Panzershrekt

    Panzershrekt New Member

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    Hey guys I'm just wondering, for 1kg Silver Bars, does the Perth Mint one or ABC sell better in Sydney?

    I'm hoping to order some but not sure which ones to get
     
  7. barneyrubble

    barneyrubble Well-Known Member Silver Stacker

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    (my preference is Perth Mint bars - but I think its just a personal preference, and ultimately makes little difference)
     
  8. Panzershrekt

    Panzershrekt New Member

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    Only have enough for one atm haha, I'm hoping to buy 15 silver bars at the moment with a little "discount" from the bullion dealers
    And put the rest of the money into gold to diversify a bit.
     
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  9. Jason1

    Jason1 Well-Known Member

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    buy the cheapest, both popular as both are reputable.
    the resell on both is the same
     
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  10. Panzershrekt

    Panzershrekt New Member

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    @barneyrubble & Jason1

    Thank you so much for your answers guys, appreciate it!

    BTW for silver, do you guys recommend investing in smaller sizes such as 10oz bars or even coins?
    The premiums for silver seems to be so higher than gold so not sure if it's worth it or not going smaller, unless the kilo bars will have trouble selling when the silver prices raises too much?

    I think my eventual strategy is to sell off these kilo bars in a couple years time and convert these all to gold when the GSR gets lower
     
  11. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

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    100% of time at spot of silver or gold 99.9% pure sells fastest.

    after that it depends on what is the flavour of the month with the collectors and hobbyist crowd, for lunars, predecimals, “weird” stuff and proof
     
  12. Jason1

    Jason1 Well-Known Member

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    wasting your time and money buying the small stuff. go the bars 1kg if you can afford it, for best price per ounce, or 10 ounce if you cant afford 1kg.
    with a bigger bar you walk away with more silver for the dollar, also go cast bars.
     
  13. silverhair

    silverhair Well-Known Member

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    Sold a kilo of silver on here in 20 minutes recently, had a line of people still asking for it after it sold going for several days
     
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  14. SliderC

    SliderC Active Member

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    Bullion silver will always sell quickly near spot, why wouldnt it.

    As for investing, dont discount semi numismatics such as lunars, swans etc they can and do appreciate if they are deemed collectable/part of a collectible set however also tend to maintain their value even when spot falls and also tend to rise as spot rises based on their premium.

    However if you dont want to deal with the hassle of actively selling, straight bullion is the best for buy and forget, doesnt carry the risk of spotting/toning and is cheaper by the ounce.

    Both bullion and numismatics have their pro's and con's. I personally think if your trying to make money in gold and silver, you need to trade in the semi numismatic market, if your purely trying to maintain wealth for a long term, bullion is the way to go.
     
  15. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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  16. President Trump

    President Trump Active Member Silver Stacker

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    I have bought a few $200 RAM and sovereigns on here. If they were well priced you needed to buzz within 10 mins.
     
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  17. Panzershrekt

    Panzershrekt New Member

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    Hey guys, thanks for all your responses! In this case I will go with the kilo bars haha XD

    My budget atm for precious metal is 20k, I'm hoping to put half of it into silver to get a dozen or so bars, and the rest into gold when the price drops a little. Would this be a good strategy?

    For silvers though, what would be a good price point for you guys to start stacking? Given the current market environment. Is there a price ceiling (e.g. under $15 USD/oz) that you guys would use as an indicator to start stacking?

    I'm hoping to purchase these from a bullion dealer in Sydney, and they'll then pre-order it from Perth Mint as there's quite a lot of backlogs recently.
     
  18. Feduptryingnames

    Feduptryingnames Member

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    Best time to buy is when the Aus$ v Us$ s high and the metal price is low.

    Best time to sell when the Aus$ v Us$ is low and the metal price is high.

    It's hard to get both at the same time but not impossible.

    You could buy metal at a low price and low Aud$ and watch the metal increase in value only to find that the Currency increases also and your no better off.

    It's all about timing, ask me how I know. Lol
     
    66rounds likes this.

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