Toned Academy 100oz Bar. Need opinions.

Local shop has this amazing toned 100oz Loaf bar w/ baggy. Considering trading 5 rolls of Silver Eagles for it, but i'm torn. The eagles will be easier to unload in the future, but this bar is way cooler to own.

What would you guys do?

 

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keep the eagles buy the bar on a payment plan

 

i WOULD KEEP THE EAGLES! Here is my reason: if you have more, you can actually get more per eagle and develop a following to sell more to therefore making more money. You can also adjust the time in selling the eagles. If silver goes up so does your price. If silver drops you can back off. With the bar, you are taking a chance. I have bought and sold coins as well as silver and bars on Ebay and do much better with smaller weights 1 -10 ozs then the large bars. just my opinion.

 

Eagles will be easier to sell in the long run. Don't buy anything besides a house or a car on a payment plan.

 

I would keep the ASEs because I try to never buy anything that will be difficult to sell without a discount.

 

I would trade 2 rolls and put the rest of the bar on a payment plan, for spot

 

The bar might be cool to you, but it is also less liquid than the ASEs, cannot be subdivided like the ASEs, will be possibly tougher to store than the ASEs and likely has a much smaller market than the ASEs. I would trade bars like this everyday if folks were willing to trade evenly with ASEs.

 

You people buy silver on payment plans? That is insane to me.

 

I agree. I think the dealer has to be more insane for taking a payment plan for bullion.

 

I'd rather have ASE's for all the above reasons and less chance of the whole 100 oz. being fake.

 

Thanks for the input guys. I decided not to do the trade. You guys pretty much reaffirmed my gut feeling. Far easier to liquidate Eagles when the time comes. I'm at my comfort level with the amount of silver I own, that's why I didn't just buy it outright.

 

My thoughts as well. Good choice.

 

I was excited for a moment when I thought I was looking at a 100 oz gold bar, but alas, it's only silver.

I would stick to the coins for your bullion buys. Instead of the bar, you'd be better off from a liquidation stand point by purchasing a couple of AGEs for about the same money.

 

why?? when i first started buying about 6 years ago i could not afford much but the dealer let me make payments. if it were not for that i would have missed out on some good stuff. he got the price he wanted, it didnt matter if gold/silver went up or down after that, he still made his money and got two (my father and i) customers who have spent over 100 grand with him since. so if you had a $3,500 (ish) item and had a decent down payment why wouldnt you accept payments on it? you have the money, you have the item and with the down payment even if the price did drop you still had some money to lower what you have into the item if the person ended up not paying for it.