Finished my first tube of silver !!!

Discussion in 'Bullion Investing' started by fisher2, Mar 31, 2010.

  1. joey0053

    joey0053 ZERT Operator

    wow, six months that is a long time. it would take me only two months or one weekend of over time if I get 11 hours in it.
     
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  3. fisher2

    fisher2 Member

    lol i have no job
     
  4. Coinman1974

    Coinman1974 Research, Research, Research

  5. krispy

    krispy krispy

  6. ahearn

    ahearn Member

    Congratulations on the accomplishment. I think you'll find that saving up for the 10 oz bars will be more satisfying than getting 1 oz bars. I have both and much prefer the 10 oz bars. The 1 oz bars seem to have too little value and a 100 oz bar too much -- for easy liquidation in the future, if needed.

    Of course, 1 oz ASEs are the easiest to liquidate.
     
  7. joey0053

    joey0053 ZERT Operator

    i think having many different sizes is good, maybe you come a point when you need to sell some bars for whatever reason being able to sell a 1oz instead of your 10oz or maybe even a 5oz would be smart.
     
  8. fisher2

    fisher2 Member

    Yeah we had a point in time a few weeks ago where we needed money really bad so he sold a few of his 1 oz coins . i felt bad but he ended up buying them back :) And i was just guessing as the 6 month thing , only because he wants to buy 1oz a month while saving up so it would take longer . Mainly because since we don't have a job right now , it is harder to get money that we don't need for other things.

    *:hatch:Easter's coming soon!! :) <-- Sorry if that offended anyone , let me know & i'll take it off. :)
     
  9. xtronic

    xtronic Junior Member

    I just filled my first tube of sovereigns and was ecstatic. Took me almost nine years but the early ones were at a good price at least.

    On the silver front, I really enjoy the 10oz and thought the Kilo would be even better (3.2X better?). It was not.

    Since NWTM burned me a while back, I get my stuff from local and APMEX but the Apmex kilo silver is weirdly shaped, unwieldy and kinda ugly. Will stick to standard ASE and 10z for a while.
     
  10. SilverSurfer

    SilverSurfer Whack Job

    You're not the first person I heard got screwed by NWTM.
     
  11. joey0053

    joey0053 ZERT Operator

    how did they get crewed if you dont mind me asking.
     
  12. SilverSurfer

    SilverSurfer Whack Job

    A friend invested in 10 oz bullion bars, they had the NWTM logo on them. They read .9999 silver. He bought them for around $8 and ounce. When silver hit $12 an ounce, he sent them back. The company assayed them and said that they weren't .9999 silver, but .976 silver. He didn't get the full amount of profit due to the impurities.....ones that were put there by the company that both sold and bought it. You'd think they wouldn't have to assay their own silver bars, as they were sealed in plastic.
     
  13. Zuhara

    Zuhara Junior Member

    Wow. Thanks for posting they are now on my avoid list, and I've also heard they take forever to send peoples' orders. The story is pretty close to fraud on their part IMO, although I don't know if technically that would be true.
     
  14. joey0053

    joey0053 ZERT Operator

    he should of then have had it assayed by someone else getting back an official statement from them make a copy and send it back to NWTM with a letter stating that if they didnt buy it back at the .9999% silver buy back amount that he would file a false advertisement law suit against them. with the letters from NWTM stating the lesser purity and either the other company confirming or stating other wise he would probably have a case.
     
  15. joey0053

    joey0053 ZERT Operator

    they do take awhile but i dont know, that dont bother me.
     
  16. waffles

    waffles Junior Member

    Congratulations.
     
  17. SilverSurfer

    SilverSurfer Whack Job

    Well it was sealed in plastic, and he thought it best to leave it that way, as it would prove he didn't tamper with it by scraping some off or something of that nature. The reason he couldn't file a suit is because they offered him a discount on the purchase. So, he only paid for the .976 silver, and got the .013 back on the purchase. Although I still think it is fraud, because would they have assayed the silver if the price had gone down to say $6 an ounce and given him the difference back? I hardly think so.
     
  18. fisher2

    fisher2 Member

    Wow that's rediculous! Are they aloud to do that? Like they sell it as one thing but then say it's different. I can't even believe that, i would be soo mad!
     
  19. erobinson1215

    erobinson1215 Junior Member

    False statement

    This story is patently false on its face. This incident never happened for the following reasons:

    1. Northwest Territorial Mint does not require an assay as a condition of sale when we buy back our own hallmark silver.

    2. All of the silver used in our hallmarked silver bars is assayed before it is minted into its final bar or round form.

    3. Our silver is marked .999-fine, which is the industry standard, and not .9999.

    I challenge Silver Surfer to back up these defamatory remarks and give us a name or a trade number - or any other real information. Because simply put, Silver Surfer's story is ridiculous.

    Erin Robinson
    Bullion Manager
     
  20. boxerchip

    boxerchip Runnin' Buffalo

    ohhhh snappp son! this thread just got really interesting.
    I <3 companies that back their **** up on the forums, if it turns out you are in the right I will be a +1 on your customer list.
    Thank you for paying attention to your customer base!
     
  21. joey0053

    joey0053 ZERT Operator

    thanks Erin, ive been a customer for 2 months now and are very pleased with your service
     
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