An update
I can give a pretty good guessestimate that less than 10 stackers are collectively holding at least 80 Engelhard bars (The two biggest holders have a combined haul of 45 bars)
They are not really collectors but are buying multiple bars with the expectation of flipping them in the future for a decent profit.
What is remarkable is that to a man they are holding on tightly to their bars and seem not in a hurry to sell.
There has been some good buys made; a Sydneystacker member only paid a $70 premium per bar to a dealer for his dimpled bars which isn't much more than your bog standard Perth Mint bars.
If anyone has any additional information that they care to share, please post here or send me a pm.
I can give a pretty good guessestimate that less than 10 stackers are collectively holding at least 80 Engelhard bars (The two biggest holders have a combined haul of 45 bars)
They are not really collectors but are buying multiple bars with the expectation of flipping them in the future for a decent profit.
What is remarkable is that to a man they are holding on tightly to their bars and seem not in a hurry to sell.
There has been some good buys made; a Sydneystacker member only paid a $70 premium per bar to a dealer for his dimpled bars which isn't much more than your bog standard Perth Mint bars.
If anyone has any additional information that they care to share, please post here or send me a pm.
