The fault is in only searching BIN listings and not all listings. Thats like comparing lotto winners to see who has won the most money but only searching scratcher winners and leaving the super lotto players out.
Not so at all. From the same link, including all sales: http://www.ebay.com/csc/i.html?_nkw=silver+art+bars&LH_Complete=1&rt=nc
In that case I have a magic bean. If you plant it with love and tenderness it will grow in to a mighty money tree. Just for you my friend I will give to you for a low low price of only $10,000 for this magic bean. It will pay for itself in no time!
And to a LOT of people an SVDB cent is only something to be used to help pay the sales tax on a purchase. A 16-D dime can be sold for scrap to a hotel based gold and silver buyer because to the owner that's all it is worth. No different that rest of the handful of mercury dimes they own. To US they are rare and valuable coins we would love to own and keep. But if you aren't a collector they are just something to sell for whatever they can get to buy something THEY want. You have no interest in art bars so they are just bullion. But to a bar collector some are rare and valuable, and in the case of the Coca-Cola bars there are the specialized collectors of Coca-Cola memorabilia which increases demand for those art bars even further. Most collector groups just can't understand why others collect what they do, and aren't fascinated by the same things they are. Collectors of classics don't understand collectors of moderns because "The pieces are so common". Collectors of moderns don't understand collectors of classics because you often have to have coins of less than spectacular condition in your collection. Variety collectors don't understand why others don't find the study of the small changes in the details of the individual dies fascinating. And most collectors don't understand why mint error collectors want defective coins.
Me ill buy anything I can make a buck on. So I try to get in to the heads of someone who would pay big money for something most don't care about. I originally bought junk coins and bullion to make a buck (hey we all gotta eat). While the practice is certainly profitable I begun to also see the beauty in coins not to mention slowly see the value in numismatics as well. So to me those gold buyers who can not see or bother to learn what makes a certain coin they have worth "extra" money. Well thats just foolish on their part. Me personally I love getting some silver for a bit under melt then finding out its worth double, triple or even ten, twenty or 100 times over it Antiques I have a hard time with. But the beauty of coins is as clear as night n day to me
http://www.huffingtonpost.com/2011/12/20/pawn-stars-counterfeit-money-video_n_1159907.html 3rd paragraph , what he actually said was, "I don't even think it's legal to own this thing,"
For goodness sakes man, you're citing one statement and appear keen on arguing your point. This is not so bad though, as I am studying Advocacy and Argument at my college. Arguing makes good practice for me. Now, how about watching the entire episode like I did on the History Channel? The paragraph you have cited is not even accurate to what was said, "I don't even think it's legal to own this thing," Harrison said. Certainly it wasn't something he could buy. He suggested instead that the man turn the bill over to the Secret Service." Rick (Harrison) didn't even suggest the man turn the bill over to the SS. It was the Amish looking expert who said that! The article that you have cited is not even accurate to who said what. Hence, it has no credibility. Like I said, watch the actual episode on the History Channel in its entirety and don't rely on some erroneously quoted exerpts from the Huffington Post.
This post is by far the best post on this thread. Thank you for taking the time to write this post. An oz of silver is just...........well an oz of silver BUT people who see silver as "just silver and it melts the same" do not understand the collector market in my opinion. Regardless of what type of collector you are, it is always important to do some research and to DYODD when it comes to buying what you collect.
This is too broad of a search in my opinion. Some of those bars are 1 gram silver bars and some of them are clad (i.e. silver-plated) art bars. Apples to oranges comparison IMO. There are many different silver art bars with many reverse variety types. Most of the 1-oz .999 pure silver art bars that fetch the most value on ebay are ones that were minted in the 1970's. Among the specific 1970's silver art bars that fetch the most premium over spot are Greathouse (late 1970's), Coca-Cola, Green Country Mint, and certain sports-themed bars that were minted in the late 1970's by a private mint called The Mint. There are many more art bars that bring a huge premium over spot but I did not want to list all of them. If you do a specific search on those art bars that I mentioned, then you will see what kind of premiums that will fetch on ebay (in green). In addition, a search on those specific bars will show the auctions that did not sell an the BIN price that it was set at (in red). Generally speaking, BIN prices are set too high IMO and will not sell at at price but if an ebay auction (with no reserve) that allows buyers to bid on it, then that is a true demand and value for that particular bar. Again this really comes down to understanding what you are looking for and getting an idea of what certain silver art bars are worth on ebay. It is a collectors market and not all silver art bars are created (or valued) equally. I know that you say that silver is just silver and is worth only melt. That might be true for the local dealer who only cares about the metal value but in reality, it does not sell the same on ebay (or elsewhere). In some ways, I do not mind buying from local dealers that have that "silver is just silver" attitude because I have found several rare silver art bars from the LCS that way and as a result, I have paid only .999 generic silver premiums instead of collector premiums (ebay collector premiums are usually between $10 to $100 over spot silver). Even though I am a silver art bar collector, that does not necessarily mean that I have to pay a "collectors" premium for it if I understand what I am buying and have an idea of what it is really worth on ebay. On the other hand, if there is a rare silver art bar that I am looking for and I cannot find it locally, then I will pay the "collectors" premium (with in reason) for it on ebay.
Since the topic of this thread is 1 oz. silver art bars, those are the ones to look at. Not the clads, nor the 1 grams.
You are correct on that and I was talking about 1 oz. silver art bars in the last post (post # 53 of this thread) and on the other posts on this thread. The main point that I was making in the part of the post that you quoted me on was that if you are going to do a search on silver art bars, then it should be an ebay search on a particular silver art bar (ex: Coca-Cola silver bars). Putting in "silver art bar" in the ebay search will yield too broad of a result list which did include the clad and 1 gram bars. I just wanted to clear that up.
To their advantage, people who run pawn shops generally know more than the average customer knows -- $$$$$$$.
At first I did too, but after reading more of the thread it became quite clear IMO. Calling people "bidiots" for buying a rare collectible in their area of interest was uncalled for. If things were reversed and someone said that his coins were junk and worth only melt, I highly doubt it would taken kindly. Vneal stated it as an opinion, BUnc stated it as a fact.