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<p>[QUOTE=&quot;qsilver007, post: 1522160, member: 34667&quot;]<b>Physical delivery of silver from a wall street perspective</b></p><p><br /></p><p>Delivery of silver was not that uncommon amongst traders in the late 1990 and early 2000&#039; when silver was around 5.00</p><p><br /></p><p>I have done it </p><p><br /></p><p>FYI NO COMEX SILVER CONTRACT IS EXACTLY 5000 OZ</p><p><br /></p><p>you will get 5 bars each will weigh between 950 oz and 1060 oz</p><p><br /></p><p>you could technically get a little over or under, but they usually try to find bars that equal out</p><p><br /></p><p>they are dirty, tarnished and look like crap</p><p><br /></p><p>THEY DO NOT LOOK LIKE THE NICE SHINY 100 OZ&#039;s you see at you local coin or bullion shop</p><p><br /></p><p>The Delivery Charge is abut 25.00 per contract, that get you a slip of paper saying you have 5000 oz in a COMEX wharehouse</p><p><br /></p><p>If you want to actually get the bars, you have to pay additional funds for allkinds of silly costs</p><p>then you need to either go to one of the wharehouses with your slip and notify them you are coming, or you since it is with your local broker call him and have him arrange an armored truck guard to deliver it to you that will we around 1000.00 depending on where you live, if you are in NY less if you are anywhere else arouns that price so all in all it cost you roughy 20-25 cents per oz to take delivery</p><p><br /></p><p>just thought that was worthy info of sharing as well[/QUOTE]</p><p><br /></p>

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