Do you leave the plastic on your silver bars?

Discussion in 'Bullion Investing' started by Gam3rBlake, May 20, 2022.

  1. Gam3rBlake

    Gam3rBlake Well-Known Member

    I recently bought some silver when the spot price dipped under $21 last week.

    Today it arrived and I’m wondering if I should leave this plastic on or take the bar out?
    Does it impact resellability?

    If it was an assay card with a number and the specs of the bar I would obviously leave it but it’s just plastic shrink wrap.
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  3. SensibleSal66

    SensibleSal66 U.S Casual Collector / Error Collector

    Personally, I would want to take them out. Then they will get scratched. Does the attractiveness of the Bullion make it worth more or less? Sorry, I wish I had all the answers.:(
    Gam3rBlake likes this.
  4. rte

    rte Well-Known Member

    It's your call.
    Generic bars at silver weight don't really have to be protected.
    Collector bars in the factory packaging, keep in better condition and retain the added value.
    UncleScroge, Gam3rBlake and JPD3 like this.
  5. fretboard

    fretboard Defender of Old Coinage!

    No it doesn't! I would leave it on only because there's no reason to remove it. ;)
  6. Gam3rBlake

    Gam3rBlake Well-Known Member

    That’s what I was thinking too but really it does make them harder to stack because the plastic makes an unstable stack and I don’t like stuff falling over.

    I just didn’t want to open up the plastic and then find out later that doing so severely impacted sellability.

    Some products are like that. If you take them out of their seal they lose value.
    Last edited: May 21, 2022
    fretboard likes this.
  7. slackaction1

    slackaction1 Supporter! Supporter

    Don't throw those wrappers out.
    The way things are ATM the plastic may be worth more than the silver soon. Take em out to fondle. New bars don't have a premium to destroy that's worth worrying about.
    Gam3rBlake likes this.
  8. Hommer

    Hommer Curator of Semi Precious Coinage Supporter

    I've bought and sold those same bars and never took the plastic off. When I sold them, the buyer didn't take it off either.
    fretboard and Gam3rBlake like this.
  9. Dynoking

    Dynoking Well-Known Member

    Leave the wrapper on. It may add to the validity (at resale) that the bar was not tampered with.
  10. rte

    rte Well-Known Member

    Did those sunshine bars come with a
    Sunshine Minting Decoder Lens ?
    Gam3rBlake likes this.
  11. Collecting Nut

    Collecting Nut Borderline Hoarder

    It really doesn’t matter but personally I’d leave them on. I have a few that have been in plastic for many years with no problems.
    Gam3rBlake likes this.
  12. masterswimmer

    masterswimmer Well-Known Member

    I've always left them on. I doubt it matters for resale, I just haven't taken them out.
    Gam3rBlake likes this.
  13. Collecting Nut

    Collecting Nut Borderline Hoarder

    Silver tones when exposed to air.
    UncleScroge likes this.
  14. longshot

    longshot Enthusiast Supporter

    Yes- .999 will probably start to tarnish rather quickly. And pick up fingerprints if you handle with bare hands.
    High purity silver is very reactive.
    Last edited: May 21, 2022
  15. Collecting Nut

    Collecting Nut Borderline Hoarder

    You got it, that’s why I left the plastic on if it had it.
  16. slackaction1

    slackaction1 Supporter! Supporter

    fingerprints and all still worth the same
  17. Eric the Red

    Eric the Red Supporter! Supporter

    Personally I leave the plastic wraps on. It keeps them from tarnishing and keeps them blast white.
    Keeps them from getting banged up too.
    Gam3rBlake likes this.
  18. rte

    rte Well-Known Member

    I put some art bars in plastic flips.
    Most of the others are in Ziploc bags.
    Keeps the scratch damage down from stacking or storing.
    Gam3rBlake likes this.
  19. Gam3rBlake

    Gam3rBlake Well-Known Member

    Nope! JM Bullion sells those separately..

    But for $18 I’m not buying one. $18 is a fortune for a little plastic credit card sized thing.
  20. Gam3rBlake

    Gam3rBlake Well-Known Member

    Just curious does toning matter much?

    I always figured that they could be melted down and used for industrial purposes regardless of toning but maybe I’m missing something.
    Eric the Red likes this.
  21. Eric the Red

    Eric the Red Supporter! Supporter

    It really doesn't matter. I'm just a freak perfectionist with my stash and like to keep them shiny:)
    Gam3rBlake likes this.
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