KJC

L

lshallperish

New Member
First experience at buying silver and I wouldn't be surprised if I lost a few hundred bucks. I went in there, little place and requested to see kg bar's I saw them and i was like "which one has the lowest premium" i looked at this thing and compared it to others and it was so different it didnt have that silver glow to it.. it was more like a guy making a bar out of cement look to it.. anyways i asked how much it was.. he goes 760.. are you serious?? is that suppose to be the normal price? I mean i can do basic maths.. 21.40 x 28 + premium.. does not equal 760.. so can someone tell me why people are suggesting this place or am i seriously missing something here? I always thought u times the amount you want to buy from the current market.. so for example i want 5000000 onunces 5000000 ounces x whatever + the premium which is a couple of bucks for 1kg..
 
Meanwhile goldstackers has 1kg Perth mint and pamp bars for $745.90 and Perth mint has Perth mints for 742.35 and PAMPs for 752.35
 
KJC's current spot is $21.50 per ozt. The quoted price of $760 is a 10% premium.
 
Until u get a real sense of how metal prices work i suggest you refer to and compare prices, where ever you are to one of the big online sellers like. Perthbullion, perthmintbullion etc.
 
Well 21.4 x 20 + premium does equal 760, because it is upto them to attach a premium, you can either accept, decline or counter offer, even if your math is good and it's a $160.8 premium it's their bar for them to sell, what brand was the bar?
 
DanielM said:
Meanwhile goldstackers has 1kg Perth mint and pamp bars for $745.90 and Perth mint has Perth mints for 742.35 and PAMPs for 752.35
Click to expand...

Now you made me go lookup some prices for Perth Mint kilo bars at the current spot. Some good prices out there if you are willing to buy in bulk (and ignore shipping costs if you can't pick up in person).

Gold Stackers: 745.90, 10 for $742.20 each, 100 for $735.00 each
KJC: 1 to 14 for $749.10 ea, 15 or more for $746.10 ea
Perth Bullion: 1+ 742.35, 5+ $741.35, 10+ $740.35
Bullion Money: 5 - 20 $743.21, 21 or above $739.21
ABC: Don't sell PM bars?

Any others?
 
ego2spare said:
Until u get a real sense of how metal prices work i suggest you refer to and compare prices, where ever you are to one of the big online sellers like. Perthbullion, perthmintbullion etc.
Click to expand...
ABSOLUTELY! Even when you think you know prices, ALWAYS do this to help ensure you don't get ripped, some places might be a few dollars more or less but they are usually pretty close.

But I really recommend this, I have a pretty good knowledge of prices but always cross check with online dealers and current spot prices. Your not going to spend hundreds or thousands on a tv with out a little research so why should this be any different mate?
 
Ishallperish,
Gold and silver are weighed in troy ounces, which different to the avoirdupois ounces that are normally used for weight and measures.
1 troy ounce is 31.1grams, (1000/31.1 = 32.1 ounces in kilo of silver)
avoirdupois ounce is 28.35 grams.. I think this is where you got the number 28 from
 
DanielM said:
Meanwhile goldstackers has 1kg Perth mint and pamp bars for $745.90 and Perth mint has Perth mints for 742.35 and PAMPs for 752.35
Click to expand...

Perth Mint has PAMPs ??? :o Do you mean Perth Bullion? ;)
 
SilverPete said:
DanielM said:
Meanwhile goldstackers has 1kg Perth mint and pamp bars for $745.90 and Perth mint has Perth mints for 742.35 and PAMPs for 752.35
Click to expand...

Now you made me go lookup some prices for Perth Mint kilo bars at the current spot. Some good prices out there if you are willing to buy in bulk (and ignore shipping costs if you can't pick up in person).

Gold Stackers: 745.90, 10 for $742.20 each, 100 for $735.00 each
KJC: 1 to 14 for $749.10 ea, 15 or more for $746.10 ea
Perth Bullion: 1+ 742.35, 5+ $741.35, 10+ $740.35
Bullion Money: 5 - 20 $743.21, 21 or above $739.21
ABC: Don't sell PM bars?

Any others?
Click to expand...

Bullion List: 1-9 $749.07, 10+ $739.07
 
whinfell said:
DanielM said:
Meanwhile goldstackers has 1kg Perth mint and pamp bars for $745.90 and Perth mint has Perth mints for 742.35 and PAMPs for 752.35
Click to expand...

Perth Mint has PAMPs ??? :o Do you mean Perth Bullion? ;)
Click to expand...
Ha yes! Perth bullion, sorry half asleep, wouldnt have happened if it was still bullion bourse, much better name too

Thanks for pointing that out,

I'm sure Perth mint would of bought some PAMPs from schmucks for under spot in their time, don't think they would have been resold
 
Given the problem is your lack of understanding of how pricing works and basic maths do you think you should maybe change the title of the thread ?
 
SilverPete said:
Gold Stackers: 745.90, 10 for $742.20 each, 100 for $735.00 each
KJC: 1 to 14 for $749.10 ea, 15 or more for $746.10 ea
Perth Bullion: 1+ 742.35, 5+ $741.35, 10+ $740.35
Bullion Money: 5 - 20 $743.21, 21 or above $739.21

Any others?
Click to expand...
Perth Mint: $738.75 (any quantity)
 
I bought 4 kg's... I was going to buy some roman rings but was like 130 dollars is a shit load of money for these rings.. i bet there like 20 bucks in rome lol
 
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