True value of second hand bullion

[Big A.D.]

They might be popular in the U.S. but you could have issues trying to sell them locally at anything less than a big discount, especially in bulk........

I'm curious as to why you think that one would need to sell them at a big discount here is Oz? 1 oz of .999 silver is 1 oz of .999 silver.

Just because they're not that well known here and the reason they're known in the U.S. is because the design is used on a current legal tender coin (which is based on a former circulating coin).

A lot of people would rather fork out a bit extra for a monster box of ASEs rather than a monster box of Buffalos.

 

[Yippe-Ki-Ya]

You get what you pay for. Most people accept that. Your stack is an extension of your persona. Cheap stack = shallow person.

Or yet another way of looking at it is that "cheap" stack = many more ounces of silver!

I don't go for numismatics at all - i want the most ounces of silver I can practically get my hands on. Buffalo rounds are plenty pretty from my perspective... :lol:

 

[Yippe-Ki-Ya]

They might be popular in the U.S. but you could have issues trying to sell them locally at anything less than a big discount, especially in bulk........

I'm curious as to why you think that one would need to sell them at a big discount here is Oz? 1 oz of .999 silver is 1 oz of .999 silver.

Just because they're not that well known here and the reason they're known in the U.S. is because the design is used on a current legal tender coin (which is based on a former circulating coin).

A lot of people would rather fork out a bit extra for a monster box of ASEs rather than a monster box of Buffalos.

What a croc! :lol:

999+ is all that counts mate

 

[sammysilver]

You get what you pay for. Most people accept that. Your stack is an extension of your persona. Cheap stack = shallow person.

Or yet another way of looking at it is that "cheap" stack = many more ounces of silver!

I don't go for numismatics at all - i want the most ounces of silver I can practically get my hands on. Buffalo rounds are plenty pretty from my perspective... :lol:

Beauty is in the eye of the beholder.

And is there one thing we agree on -

If you don't beholden it, you don't beown it!

 

[Yippe-Ki-Ya]

My definition of "beauty" in this context is how much i can buy with it...

If I buy Buffalo rounds at around spot + 10% I can and will sell them someday for spot + 10% and this to my mind is far better than buying numismatic silver at say spot + 25% as spot is going to climb at a much quicker rate than the numismatic side of things, so in the end I'll be able to purchase a lot more with my x ounces of silver than will Mr Numismatic with his fewer (x - ?) numismatic ounces!

savvie?? :lol:

 

[Big A.D.]

I'm curious as to why you think that one would need to sell them at a big discount here is Oz? 1 oz of .999 silver is 1 oz of .999 silver.

Just because they're not that well known here and the reason they're known in the U.S. is because the design is used on a current legal tender coin (which is based on a former circulating coin).

A lot of people would rather fork out a bit extra for a monster box of ASEs rather than a monster box of Buffalos.

What a croc! :lol:

999+ is all that counts mate

Not if you're trying to sell it to someone who wants a quality brand it doesn't.

 

[Yippe-Ki-Ya]

Just because they're not that well known here and the reason they're known in the U.S. is because the design is used on a current legal tender coin (which is based on a former circulating coin).

A lot of people would rather fork out a bit extra for a monster box of ASEs rather than a monster box of Buffalos.

What a croc! :lol:

999+ is all that counts mate

Not if you're trying to sell it to someone who wants a quality brand it doesn't.

The only quality that counts is the 999+ (and to a lesser extent that it comes from Gainseville Coins). Anybody who doesn't recognize that doesn't deserve the right to purchase it or any other bullion in the first place! :lol:

 

[renovator]

Just because they're not that well known here and the reason they're known in the U.S. is because the design is used on a current legal tender coin (which is based on a former circulating coin).

A lot of people would rather fork out a bit extra for a monster box of ASEs rather than a monster box of Buffalos.

What a croc! :lol:

999+ is all that counts mate

Not if you're trying to sell it to someone who wants a quality brand it doesn't.

You will pay more for the quality brand hence yippees arguement

 

[lucky luke]

Your stack is an extension of your persona. Cheap stack = shallow person.

:lol: :lol: :lol:

A shallow simplistic analogy. What about stacks that include everything from "cheap" silver rounds and bars in quantity up to gold, and numismatics (including collectable sovereigns eg NGC AU 55 1855 adn 1856 examples) ? :|

 

[lucky luke]

They might be popular in the U.S. but you could have issues trying to sell them locally at anything less than a big discount, especially in bulk........

I'm curious as to why you think that one would need to sell them at a big discount here is Oz? 1 oz of .999 silver is 1 oz of .999 silver.

Just because they're not that well known here and the reason they're known in the U.S. is because the design is used on a current legal tender coin (which is based on a former circulating coin).

A lot of people would rather fork out a bit extra for a monster box of ASEs rather than a monster box of Buffalos.

And they will pay the premium for them as well.

 

[sammysilver]

Your stack is an extension of your persona. Cheap stack = shallow person.

:lol: :lol: :lol:

A shallow simplistic analogy. What about stacks that include everything from "cheap" silver rounds and bars in quantity up to gold, and numismatics (including collectable sovereigns eg NGC AU 55 1855 adn 1856 examples) ? :|

You pass.

 

[Naphthalene Man]

don't... look... at... this.. thread............................... Oohh No! I did it again!!

 

[lucky luke]

don't... look... at... this.. thread............................... Oohh No! I did it again!!

Yes, and your obviously contributing positively to it through your lack of real participation.

 

[spannermonkey]

Second hand bullion :lol:

 

[alor]

NO "silver BUFALLO" allowed here

UGLY Bars consumer for one here!

second hand bullion? pre-owned you mean?

 

[Jislizard]

ANY 1 ounce 999+ silver bar/round will sell for a fair bit above spot simply due to its convenient size. its that simple! savvie??!!??

Convenient for what? Stacking? Shopping? Carrying around? Storage?

The damn rounds are round, they don't even tessellate well.

You want convenient then they should make 10oz Lego bricks.

The only thing convenient is that 1 bar/round = spot price, except it doesn't, even if the added premium is small. Plus this is only convenient if you are buying 1, or 10, or 100 etc. If you are buying any other number of them the chances are you will be reaching for your calculator anyway.

They are a hang over from the days when crown sized coins were the largest circulating coins and therefore subconciously they just look like they are worth a lot, if I was alive in 1937, which I wasn't

And if you think (not necessarily you Yippe-Ki-Ya) generic silver rounds should be just as easy to sell to the public as ASEs then try selling generic Chinese rounds if they become readily available. Pretty sure most people will pay a bit extra for the ASEs, even though they are the same amount of silver in them.

Can't believe how popular this topic is, silver is bouncing up and down like a yo-yo!

 

[fishball]

Convenient to sell Jizlizard.

Much easier to sell 1oz at ~$32 than trying to sell 100oz at $3100 for example.

Might not matter much now when spot is so low but if silver hits $1000/oz then yeah those fractionals are going to look mighty good.

 

[shano73]

I think the highest weight in terms of bars/coins that I would grab would be 1kg, at least you can flog them off with relative ease.

Good for when you need a quick 1k or 2k to get you through tough times or a major expense occurs

 

[Naphthalene Man]

The Gruffalo

[imgz=http://forums.silverstackers.com/uploads/177_gruffalo.jpg]

[/imgz]

Ooh you mean buffalo - sorry

:lol:

 

[lucky luke]

ANY 1 ounce 999+ silver bar/round will sell for a fair bit above spot simply due to its convenient size. its that simple! savvie??!!??

Convenient for what? Stacking? Shopping? Carrying around? Storage?

The damn rounds are round, they don't even tessellate well.

You want convenient then they should make 10oz Lego bricks..................

I keep stocking the pile of coins in my cave with small 1oz silver coins rather than lumpy pointy 10 oz "things". I'm sure when I find a dragon to outfit my cave, my hoard will be so much more comfortable. In the mean time, its predominantly (but not solely) 1oz silver and gold ROUNDS and COINS that I prefer to collect.