Are 1 gram bars/rounds worth it?

Discussion in 'Bullion Investing' started by aandabooks, Jan 31, 2012.

  1. aandabooks

    aandabooks Member

    I see these 1 gram bars/rounds on ebay. Seems like when the price get multiplied out the price of an ounce of silver is really high. What kind of buyer are these for? I'm new to coins/bullion and am mainly concered with stacking silver. I am starting to feel the pull of actual coin collecting though.

    Whie we're on the subject, are there any real deals on ebay? Seems like I look and I can do better buying at melt or just a buck or two more at my dealer.
     
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. Blissskr

    Blissskr Well-Known Member

    Those are for buyers who are fools. Basically those things are to get people to pay a massive premium for something so someone else can make a nice profit. You can find deals on ebay but it require time and patience to find them occassionally.
     
  4. mill rat41

    mill rat41 Member

    I check the ebay listings all the time. Rarely is there anything worth buying. Occassionally a good deal on a buy it now pops up, but unless you pull the trigger quickly those deals are snapped up almost immediately. One time I scored a large amount of 90% for about $4 under melt per face value. Generally though, I just buy my bullion from local dealers. My last large local purchase was one gold eagle (1 ounce) and a roll of silver eagles. The local store was within $10 compared to APMEX, but no shipping charges. The best price I could find on ebay was $50 more. But when you figure in shippping charges, being home to sign for the package, and the possibilities of scams makes the local dealer the far better choice.

    Oh, and as mentioned: the 1 gram bars are awfully expensive per ounce.
     
  5. kruptimes

    kruptimes Member

  6. Cloudsweeper99

    Cloudsweeper99 Treasure Hunter

    They are novelty items, not investments.
     
  7. fatima

    fatima Junior Member

    I'd say that a 1g bar is only worth it, if it was encapsulated in a assay card from a reputable governmental mint. These are used for currency in some places.

    (they are really tiny. get out your ruler.)
     
  8. ikandiggit

    ikandiggit Currency Error Collector

    [​IMG]
     
  9. kaosleeroy108

    kaosleeroy108 The Mahayana Tea Shop & hobby center

    sure one gram bars are worth getting for free. and only iff there assayed
     
Draft saved Draft deleted

Share This Page