Best looking feeling 100oz silver bar

Discussion in 'Bullion Investing' started by Comixbooks, Mar 10, 2016.

  1. Comixbooks

    Comixbooks Active Member

    I'm undecided what 100oz bar to get I have my sights on a JM Bullion Bar
    or something without the premium...
     
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  3. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    Get the cheapest one as long as it is genuine. What difference does it make? You're not buying a work of art.

    Chris
     
    ThinnPikkins, saltysam-1 and Kentucky like this.
  4. Collecting Nut

    Collecting Nut Borderline Hoarder

    A 100 oz. Bar? OK. Does the design really matter to you? Are you willing to pay a premium for that bar? Or do you want a low cost bar? You did say "something without the premium..." Does that answer your question, if you had a question. o_O
     
    spirityoda likes this.
  5. -Andy-

    -Andy- Andrew B. -Andy- YN

    100 oz. of silver? Holy smokes, that's a lot of silver! How much does one cost?
     
  6. Cascade

    Cascade CAC Grader, Founding Member

    You do know about the pain of reselling a 100oz bar right? Most will want to drill it for authenticity. I highly suggest getting 10× 10oz bars instead. Seriously, you may pay just a smidgen more but they are a much easier sell.

    Around .90c over spot per oz. And up. So your looking at about $1650 +/- for a 100oz bar today
     
    -Andy- likes this.
  7. JJK78

    JJK78 Member

    Personally I love the look of a poured bar, the Johnson Matthey 100oz bar is beautiful in person.
    I recently was able to get a 100oz Geiger bar which has several cool security features built in. Very cool including a UV light stamp etc.

    It is cool but if I could choose again I would get the poured bar. Cheaper too I think, usually about $1/oz over spot.
     
  8. baseball21

    baseball21 Well-Known Member

    This. The larger the bar the smaller the potential buying pool which means the lower the offers will be
     
    Cascade likes this.
  9. isaiah58

    isaiah58 Member

    How do you plan to eventually sell the bar? If to your LCS then find something they prefer to transact in and buy it from them.
     
  10. saltysam-1

    saltysam-1 Junior Member

    I don't buy anything over 12 Troy ounces. If needed, you would have to sell the whole bar just to get a small portion of your funds back. The flexability is lost due to it's size.
     
    Cascade likes this.
  11. Garlicus

    Garlicus Debt is dumb, cash is king.

  12. Cascade

    Cascade CAC Grader, Founding Member

    Government minted means next to nothing on 100oz bars. It's way too easy to create any 100oz bar design with a tungsten core. But I agree with buy what you like :)

    Why buy a 100oz bar with all its drawbacks instead of 10x 10oz bars with much easier liquidity and the ability to sell in fractions. That's all I'm sayin
     
    saltysam-1 likes this.
  13. isaiah58

    isaiah58 Member

    You can purchase 50 ounces from Northwest Territorial Mint at low premiums and free shipping. I'm not sure the premium on a 100 oz bar much lower, if not the same.

    If I could purchase 100 ounces of silver I'd consider a 24k 1oz American Buffalo.
     
  14. Mr Roots

    Mr Roots Underneath The Bridge

    I would buy three different style kilo bars.
    If I did buy a 100 oz I would buy poured over pressed.
     
  15. COCollector

    COCollector Well-Known Member

    The 100 oz bars can be difficult to sell :)

    And some folks would rather have a chocolate bar than a FREE 10 oz silver bar :)
     
  16. Garlicus

    Garlicus Debt is dumb, cash is king.

    Our government replies - "mission accomplished"

    So much for our education system.
     
  17. Comixbooks

    Comixbooks Active Member

    Just WOW to those videos they must be all Rich already.
    Vending Machine Junk food for all....
     
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