Checked out a local coin shop's melt bar pile before the dealer sent them to the refiners for melting. Saw this bar that called out my attention.The dealer wanted 60 cents over spot, which I thought was decent for a poured bar. Never heard of Reckless Metals before, so I made sure that it got XRF'd, Sigma, and weighed in front of me before purchasing. Obverse and reverse Its got some interesting edges to the bar. I really like the roughness. Top and bottom of bar Sides of bar Shame the dealer didn't have a second one like it because I would have bought it too, but everything else was really pressed generic bars typical of what you'll find in a melt pile....ie. APMEX, J&M, Asahi, Sunshine Mint, etc. Nothing else really stood out like this bar. Feel free to share your poured bar finds.
That's a guy who is on social media (Youtube/instagram, etc) who pours his own bars. Probably with increasing spot prices, any premium they had has disappeared.
https://recklessmetals.com/ Looks like it's still in production: https://recklessmetals.com/product/stack-responsibly-10-ounce/
Well, out of stock anyway. Not sure if it will be back in production. At any rate, I wouldn't pay the $445 asking price. This was a find from the generic bars bin that this local dealer was about to send out to the refiners as he was swamped with a lot of silver oversupply from people selling in the past week. I paid $385 for it. With the rise in silver yesterday afternoon and today it is almost worth that in melt already. That's the importance of snapping up stuff as close to melt as possible, something I always try to do. Leaves me with a stack of random bars and rounds, instead of nice neat uniformity, but everything I've bought over the last year was either $1.20 above spot on the high end, and a few cents below melt on the low end (the below melt was constitutional "junk" silver.) If I were to tally the average premiums I paid on my entire stack, it would definitely be just under $1 per ounce. I did make one exception recently though @Burton Strauss III, I did get a roll of 20 AU 1921 Morgan Dollars for $33 a piece a week ago when silver briefly went down to $36. A dealer was running a special on them. But I was willing to do that because I thought the extra premium for nice Morgans was worth it and that as more junk is melted premiums on them will probably increase over the decades, so into a safe they go for at least 20 years hopefully. I'm glad I ran into that deal locally too, because a few days before I almost pulled the trigger on the $35 a piece special Monument Metals was running on 1921 Morgans, but decided to hold off to see if I could find any better around here. Helps to live close to a large metropolitan area with many bullion dealers/coin shops. You are always bound to find something with a little patience and lots of driving around.
As long as you're willing to spend the time - and if you aren't willing to spend time to pursue a hobby, is it really a hobby?