True value of second hand bullion

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I guess selling them is a little easier depending on your market, personally I would rather make one sale at 10oz than 10 individual sales at 1oz each.

I suppose they can also be used to make change or used to top up a trade but it depends on your market, when I get out I intend to make a couple of big sales, not 1000s of little sales.

Still it doesn't hurt to prepare for every eventuality, 'to da moon' and 'confiscation' are all a lot easier to manage with small sizes.

However I would say that is the only convenience and only if you are selling to the little league.

Sure, proofs or numismatic coins get sold one by one at a tidy profit, but generics, surely you just want to get rid of them in larger numbers?!

Would you expect to get the same premium for one 10oz round as for ten 1oz rounds? Not counting the Lunars of course. Less manufacturing costs should mean the premiums are lower and we generally get to see that in the prices of the larger rounds.

I think 1oz rounds are great for people getting into the hobby, or collectors. It doesn't hurt so much to pay $30+ and get a shiney coin in exchange. Dropping $300+ for a single coin is for the pros and stackers. I have not progressed to 1kg bars but I think that is where I will be eventually.

1oz coins are for collectors, 1oz rounds are for people who aren't yet willing to commit.
 
jizlizard, there are also those whom prefer fractions for zombie apocalypse - more liquid and easier to trade for loaf of bread or roo meat
 
Jislizard said:
1oz coins are for collectors, 1oz rounds are for people who aren't yet willing to commit.
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I bought everything as 1kg bullion bars. Now all i ever buy - or intend to buy - is 1 ounce rounds
 
Jislizard said:
1oz coins are for collectors, 1oz rounds are for people who aren't yet willing to commit.
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Absolute and total popycock (or bullshit in other peoples vocabulary).

One can be "committed" and buy 1 ozsilver rounds while at the same time buying 1kg silver bars (and on the side also buying 1/10th oz gold coins, 1oz gold coins and 10 oz gold bars). Your suggestion that 1 oz rounds are only for the non committed is utter tripe. In the current buyers market, I'd rather buy as much silver as possible for as close to spot as I can (ie paying as low a prevmium as possible). Rounds and bars are the way to do this, not numismatics. Committed? Pffffft.
 
Water&Food said:
jizlizard, there are also those whom prefer fractions for zombie apocalypse - more liquid and easier to trade for loaf of bread or roo meat
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I have 23 Kgs of predecimals to trade in for shotgun shells and chainsaws for when that happens.
 
Water&Food said:
jizlizard, there are also those whom prefer fractions for zombie apocalypse - more liquid and easier to trade for loaf of bread or roo meat
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Is Roo selling meat? I thought it was just Southern Cross bars.
 
lucky luke said:
Jislizard said:
1oz coins are for collectors, 1oz rounds are for people who aren't yet willing to commit.
Click to expand...

Absolute and total popycock (or bullshit in other peoples vocabulary).

One can be "committed" and buy 1 ozsilver rounds while at the same time buying 1kg silver bars (and on the side also buying 1/10th oz gold coins, 1oz gold coins and 10 oz gold bars). Your suggestion that 1 oz rounds are only for the non committed is utter tripe. In the current buyers market, I'd rather buy as much silver as possible for as close to spot as I can (ie paying as low a prevmium as possible). Rounds and bars are the way to do this, not numismatics. Committed? Pffffft.
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I'd rather buy as much silver as possible for as close to spot as I can Then 1oz rounds are probably not going to achieve this are they?

Rounds and bars are the way to do this, not numismatics I agree! But not 1oz at a time.

One can be "committed" and buy 1 ozsilver rounds while at the same time buying 1kg silver bars I take it you are buying for 2 different purposes then? 1Kg for the value for money and the 1oz for...
 
sammysilver said:
Water&Food said:
jizlizard, there are also those whom prefer fractions for zombie apocalypse - more liquid and easier to trade for loaf of bread or roo meat
Click to expand...

Is Roo selling meat? I thought it was just Southern Cross bars.
Click to expand...

Southern Cross meat...mmm.

Too bad have to buy 10000oz minimum :P
 
Jislizard said:
I'd rather buy as much silver as possible for as close to spot as I can Then 1oz rounds are probably not going to achieve this are they? When I can get 1 oz rounds in the USA for approx 70cents USD, and yet the best I can do in Australia is lumpy 500g bars which work out to over $1 per oz premium, then the rounds do get me closer to spot

Rounds and bars are the way to do this, not numismatics I agree! But not 1oz at a time. Who said anything about 1 oz at a time? When buying 100 at a time, or more, one can get an even better price

One can be "committed" and buy 1 ozsilver rounds while at the same time buying 1kg silver bars I take it you are buying for 2 different purposes then? 1Kg for the value for money and the 1oz for... One would be a fool to put all their eggs in the one basket. The future is as clear as mud.
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The bold comments are obviously my own added within lizards text block.
 
lucky luke said:
im listening to the Carpenters
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me too

i agree nobody saw the Carpenters future coming...

@jizlizard
pre decimals are good if trading with informed black market green grocers... mad max movies don't depict that occurring
mad max is modern day Nostradamus
if u agree most are uninformed about bullion and coins then your chances of moving unmarked purity is less than marked purity
...perhaps when rat burgers are being served downtown only then would the majority would be informed about silver content (i.e. ASW) in pre decimals... till thyen you are best to cater for the ignorant too
 
lucky luke said:
Jislizard said:
I'd rather buy as much silver as possible for as close to spot as I can Then 1oz rounds are probably not going to achieve this are they? When I can get 1 oz rounds in the USA for approx 70cents USD, and yet the best I can do in Australia is lumpy 500g bars which work out to over $1 per oz premium, then the rounds do get me closer to spot Can you not get lumpy 500g bars from the USA for even less?

Rounds and bars are the way to do this, not numismatics I agree! But not 1oz at a time. Who said anything about 1 oz at a time? When buying 100 at a time, or more, one can get an even better price Yes...and you can get an even better even better price if you don't buy them in 1oz bars, if you buy them in 100oz bars you get better value for money

One can be "committed" and buy 1 ozsilver rounds while at the same time buying 1kg silver bars I take it you are buying for 2 different purposes then? 1Kg for the value for money and the 1oz for... One would be a fool to put all their eggs in the one basket. The future is as clear as mud. I think big silver, and little silver are still pretty much the same eggs...
Click to expand...

The bold comments are obviously my own added within lizards text block.
Click to expand...

The bold italicised comments are mine

we may need a new system as we are running out of buttons.
 
Water&Food said:
lucky luke said:
im listening to the Carpenters
Click to expand...
me too

i agree nobody saw the Carpenters future coming...

@jizlizard
pre decimals are good if trading with informed black market green grocers... mad max movies don't depict that occurring
mad max is modern day Nostradamus
if u agree most are uninformed about bullion and coins then your chances of moving unmarked purity is less than marked purity
...perhaps when rat burgers are being served downtown only then would the majority would be informed about silver content (i.e. ASW) in pre decimals... till thyen you are best to cater for the ignorant too
Click to expand...

Save a rat burger for me W&F, I will give you a shilling.

I think that when silver starts to go up in value the uninformed will suddenly become very informed, witness the number of experts on the forum who had never heard of silver a few years ago and are now very vocal about how it should be done. (not having a go at anyone on this thread in particular) And this is just one forum and a select group of malcontents, wait until it is on the news every evening.
 
hussman said:
But lets be honest, would you rather pay 34$ per OZ for a ASE or $32 for a buffalo.
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Buffalo!

The first group buy I joined had ASE, Panda, Taku and Buffalos up for grabs, I bought one of each and then another buffalo on top.

I still have the two buffalos, the others have been given away as gifts. A buffalo would make a lousy gift to a non-stacker.

I think the point of the thread (at least at one stage) was, would you rather buy a buffalo for $32 in Australia or would you rather buy the same Buffalo for $31 in the USA?
 
what i would like someone to supply causde i feel lazy is... a good bit o detail as to what forms of silver and gold were popular during great depression... i am a fair man and i say whatever was popular back then is most likely going toi be popular again...
^^^
preferably USA only as they were ahead of the pack when it came to silver bullion et cetera

please post quoty linky on thread wake me up from slumber

hi thanks for post count today good day fopr nonsense
 
I've never seen a buffalo coin but i have this image that they are poor quality, much like my perception of the morgan bars when i received one of those. So if i was given a choice of ASE or buffalo i suppose i would go the ASE.
That said, i wouldn't go the ASE in large quantities anyway - maybe to my detriment but i don't do them.

P.S. I have seen a real buffalo around these parts. There was one hanging out in a paddock between Maitland and Singo. Solid buggers. The moulting fur makes them look a bit mangy.
 
Jizlizzard has tessellated all over the point of the thread.Whatever tessellate means.
A lump of silver has a pretty picture on it and we have to pay second hand premiums on this picture.
e.g. a scottsdale bar or even a perth mint stamp.
What a gip.
Grow up , that is about as numismatic as the stamp on a hotcross bun.
The rest of the world trades along my thinking.
Why keep obsfucating, ( and jizlard I know thats mispelt, and I just missed an apostrophe and I dont care)


We all happily agree fiat has no intrinsic value , and it must eventually realise its true worth, yet premium which also has no intrinsic value keeps getting carried on in second hand trades as though it does, and its ok as long as we all play pretendees
 
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