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<p>[QUOTE="1970 Silver Art, post: 1186720, member: 18828"]You might just have to shop around to find the lowest premium for a silver bar. If you go to a coin show in your area, you will still have to shop around for the lowest premium because there might be a lot of dealers at a particular coin show that selling silver bars. You will be hard pressed to pay melt for a silver bar that is larger than 1-oz. Even for a 3-5oz bar, you still will pay a premium for it but it might not be as big a premium on a 3-5oz bar as there would be on a 1-oz silver bar. I think that the lowest premium for any type of silver would be 90% junk silver but if you are looking for the lowest premium on .999 silver bars, then it would more than likely be on 100-oz silver bars such as Engelhard and Johnson Mathey bars. Even with a 100-oz bar, you will pay a premium for it.</p><p><br /></p><p>EDIT: Is it insulting to offer melt price to dealers? Honestly I do not know because I have never asked. At the worst, the dealer will just say no to your offer. Generally speaking, you will pay a premium for silver bars and the main objective is to find silver bars at the lowest premium possible if you are just buying silver bars just to have silver and not to collect. I also want to say that I have paid spot price for a few 1-oz silver art bar in the past but I got very lucky and that is very rare for me to pay spot for any silver art bar or for any type of .999 silver for that matter. That does not happen very much at all.[/QUOTE]</p><p><br /></p>
[QUOTE="1970 Silver Art, post: 1186720, member: 18828"]You might just have to shop around to find the lowest premium for a silver bar. If you go to a coin show in your area, you will still have to shop around for the lowest premium because there might be a lot of dealers at a particular coin show that selling silver bars. You will be hard pressed to pay melt for a silver bar that is larger than 1-oz. Even for a 3-5oz bar, you still will pay a premium for it but it might not be as big a premium on a 3-5oz bar as there would be on a 1-oz silver bar. I think that the lowest premium for any type of silver would be 90% junk silver but if you are looking for the lowest premium on .999 silver bars, then it would more than likely be on 100-oz silver bars such as Engelhard and Johnson Mathey bars. Even with a 100-oz bar, you will pay a premium for it. EDIT: Is it insulting to offer melt price to dealers? Honestly I do not know because I have never asked. At the worst, the dealer will just say no to your offer. Generally speaking, you will pay a premium for silver bars and the main objective is to find silver bars at the lowest premium possible if you are just buying silver bars just to have silver and not to collect. I also want to say that I have paid spot price for a few 1-oz silver art bar in the past but I got very lucky and that is very rare for me to pay spot for any silver art bar or for any type of .999 silver for that matter. That does not happen very much at all.[/QUOTE]
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Bars of Silver at Melt price?
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