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<p>[QUOTE="Kifeter, post: 1159887, member: 30539"]Hey guys,</p><p><br /></p><p>Im new to collecting silver and was trying to figure out why some pieces are going for more than others. I am mainly looking at ebay for prices right now.</p><p><br /></p><p>For instance; </p><p><br /></p><p>A Johnson Matthey 1 Troy Oz .999 Finse silver bullion, the bid is already up to $57.</p><p><br /></p><p>Why would the bid be that high if silver is only worth about $44?</p><p><br /></p><p>Also an Engelhard 1 Troy Oz silver bar seems to go for around $50. Most online and places seem to charge $2 over spot. Why would people purchase these for more than $6 over spot? Does this have something to do with the mine that they came from? </p><p><br /></p><p>Any help will be greatly appreciated! If you have any links that have any information on this subject please post them.</p><p><br /></p><p>Also, the Troy oz seems to be slightly larger than a real oz, so when they say the price of silver is about $44 is this for a normal oz or a Troy oz?</p><p><br /></p><p>Thanks!</p><p>Kifeter[/QUOTE]</p><p><br /></p>
[QUOTE="Kifeter, post: 1159887, member: 30539"]Hey guys, Im new to collecting silver and was trying to figure out why some pieces are going for more than others. I am mainly looking at ebay for prices right now. For instance; A Johnson Matthey 1 Troy Oz .999 Finse silver bullion, the bid is already up to $57. Why would the bid be that high if silver is only worth about $44? Also an Engelhard 1 Troy Oz silver bar seems to go for around $50. Most online and places seem to charge $2 over spot. Why would people purchase these for more than $6 over spot? Does this have something to do with the mine that they came from? Any help will be greatly appreciated! If you have any links that have any information on this subject please post them. Also, the Troy oz seems to be slightly larger than a real oz, so when they say the price of silver is about $44 is this for a normal oz or a Troy oz? Thanks! Kifeter[/QUOTE]
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