sorry another question im stuck on

C

craig12

New Member
i do read about it being harder to sell the bigger quantaties rather than smaller in the gold /silver market
could i ask what that means
is it that when you try to sell say to a bullion dealer they say theyre not buying that much today
or do they refuse the sale point blank
or do they have buying cycles of only so much per day
what does the term they may be harder to sell in large bars mean?
 
No, it's just that the market for 1000oz of silver is smaller than the market for 1oz of silver.

If you try to sell a 1000oz bar, you need someone with a lot of cash they want to spend on silver - so you are talking about a small number of individuals or bullion dealers.

But you can sell a 1oz bar anywhere.
 
It's just the price.

It will always be harder to sell something for $1000 than for $30 as the pool of people with that much cash is so much smaller.
 
so no real issue with selling a good quantaty of 100 oz bars say 20 in one go? that seems to be the bar im favouring maybe a bit bigger
 
Generally more people can afford a 10oz bar than a kilo or 100oz, it's as simple as that!

If spot is acting the maggot, dealers might not want to buy your 100oz bar but you're more likely to sell 2 or 3 10oz bars to three dealers.

Also depends where you think metals are going, if they're going to double or triple it should be easier to shift the smaller sizes. Hence a lot of stackers stack 10oz or smaller.

http://forums.silverstackers.com/topic-37800-100-oz-bars-vs-1kg-bars.html

And this might help too- http://forums.silverstackers.com/message-623189.html#p623189
 
so no real issue with selling a good quantaty of 100 oz bars say 20 in one go? that seems to be the bar im favouring maybe a bit bigger
Click to expand...


Well, you need to find people willing to buy 2000oz of silver in one go.

So that'll limit your market. At today's spot that's just shy of 25k and I've not met anyone who transacts in those amounts (although they exist, just not in my circle of friends).
 
You'd be surprised.

Check out some of Premium Sponsor "Roo" sale threads

minimum 100oz or multi kilo orders common.... and they went like hotcakes

and that was in the days of high $30 silver !!!

:cool:
 
JB3 said:
Fair enough: I am surprised.

Then again, some people have a lot more money than me.
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It all depends on price relative to spot (not quantity or cost, not how many dollars).
You can sell anything you want if it is priced attractively. :)
 
Yep, it's all a matter of adjusting your price until the buyers pop up. If I would throw my maples for sale at $10 each I'll be flooded with mails, and next they do is running to some dealer swapping it back for $, easy money in one day haha.
 
Try finding a 10kg gold lunar coin, maybe people in that club would have an issue.

There's always someone with more money than you, so provided the price is right there is no issue.
 
Dunno where you live craig12 but if you're in a major city just sell it all to a bullion company, if you have a lot then sell it several bullion companies.. All could be done in a morning I'm sure
 
I don't believe you'll have any problems selling 1Kg/100oz silver bars.
1Kg gold bars sell all the time.
Don't waste your time and money on the small stuff, to much premium involved there.
 
Ag-man said:
I don't believe you'll have any problems selling 1Kg/100oz silver bars.
1Kg gold bars sell all the time.
Don't waste your time and money on the small stuff, to much premium involved there.
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But that premium doesn't die between stackers, and at even some business-dealers.
In the end, that premium represents the value of the extra work involved in coins etc relative to bars.
You would be right in the case industrial silver, but our usage is monetary, the storage and transfer of value, and a premium based on the extra coin work involved, is value just like the work involved in mining/recycling the metal itself.
 
True, unless the melt value of silver takes off in some end-of-fiat crisis - then the people who buy your coins might be looking to sell them onto industry anyway and so not wish to pay a premium.

But if that happens, you won't be worrying about it: the premium you paid will pale into insignificance to the spot price of silver.
 
JB3 said:
But if that happens, you won't be worrying about it: the premium you paid will pale into insignificance to the spot price of silver.
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I've read this statement many times, yet I still have to see the first explanation of it.
"Fiatcurrency ends" affect all prices, not just silvers, and the premium some1 paid on silver, weights as much then as now. It's the purchasing power comparison that matters, not the fiatnumbers comparison.
 
Um...

If the price of silver as a safe-haven in a fiat collapse rises, it might rise by a greater amount than other commodities - precious metals usually have. And so, if it goes up 100x, while everything else goes up 50x, the premium will be swamped by this, even if it is 'lost' insofar as the buyer might only pay spot.

A rising tide (or falling currency) will raise all boats, but some boats - gold, silver, perhaps - might be lifted faster. In other words, I'd expect the purchasing power to increase in such a scenario.
 
JB3 said:
True, unless the melt value of silver takes off in some end-of-fiat crisis - then the people who buy your coins might be looking to sell them onto industry anyway and so not wish to pay a premium.

But if that happens, you won't be worrying about it: the premium you paid will pale into insignificance to the spot price of silver.
Click to expand...



End of current fiat = end of the world as we know it (SHTF scenario) is not realistic.

Besides, even if, though highly improbable, such a scenario would come about, silver would not be in high demand industrially at all and certainly industry would not come looking to buy post Mint coins and bars from stackers, investors, or dealers when they could get the silver that they've always purchased for much, much less money than these added (high) premium coins and bars.

I know that this is the equation that deceptive and dishonest permabulls are pushing....but it's not even close to being a rational and realistic outcome of an implausible SHTF scenario post current fiat viability.



.
 
Right. For clarity, I don't mean a complete fiat-meltdown (I accept I alluded to that) where law and order breaks down, we're all scratching around looking for drinkable water, etc.

I meant more a race-to-the-bottom devaluation of fiat. Kind of like the currency skirmishes we are seeing just now, extended.


Because that's not just plausible, it's policy.
 
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