WOULD YOU RATHER HAVE A 100 OZ BAR OR 200 1/2 OZ ROUNDS?

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Uploaded by on Apr 20, 2010

Recently there has been a lot of debate over this question.

Is it a better investment to have a 100 oz bullion bar over 100 1 ounce bullion coins or even 200 1/2 ounce bullion coins?

Today I just sent 300 bulk silver ounces to Jim Little at Quality Gold and Silver for melting purposes. In return I am getting 600 1/2 ounce Walking Liberty Coins.

What do you think and why?

Thanks for your input on this timely but somewhat controversial approach to trading one form of silver for another.

Please rate, comment and subscribe to my channel.

I appreciate your views!

Greg

  • likes, 13 dislikes

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Uploader Comments (ScrapGoldBusiness)

  • Hi, I am doing a mock business for my Marketing Class.. Just curious what you do with the scrap gold after you buy them? For instance, do you sell it to some refinery at spot? Or do you smelt them yourself and resell it, etc.?

  • @oak415

    MELT IT ALL AT THE REFINER.

  • Well if you look on craigslist, i've seen the same 100oz silver bar for sale for the last 2 months!! THE GUY CAN'T SELL IT & he is at spot price. All the rounds and silver eagles I see SELL THE FIRST DAY! Hope this helps! Thanks

  • @IJustLikeToPlay

    TODAY 100 OZ BARS ARE SOFT.

    ESPECIALLY AT TODAYS PRICES...

  • @ScrapGoldBusiness Thanks!!...yeah, the average person can't drop over $4,000 for a 100 oz bar. SO it is more economical to buy smaller quantities over a longer period of time and only spend a couple hundred. It should be easier to sell if the price of silver hits $200 or $300 an ounce. ***i'm think of buying more 90% silver rather than Silver Eagles, what do you think!? Should I just keep with the Silver Eagles for investment reasons?

  • @IJustLikeToPlay

    I PREFER A MIX OF ALL TYPES....

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All Comments (90)

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  • That 100oz Engelhard will resonate with the harmonics of the Earth if you hit it just right.

    Half ounce rounds won't.

  • Silver is like copper, pleanty out there. The price is so jacked now on silver. It is still only worth around 4 dollars an ounce. Strong believer of what goes up must come down. I would not buy on the up side. The markets are fixed so the people don;t control the price of silver the big 6 do. Now I only buy below spot because I got to make my money. Wish you luck buddy. See how it works people? Hope I taught you something.

  • I choose bars over round coins..Why you ask. resale....you lose on rounds.

  • Both. Kobayashi maru.

  • Rounds! Easier to sell so I don;t have to claim taxes

  • Personally I would rather have 100 1oz rounds than a 100oz bullion bar. When prices go up its going to be much easier to sell off 1oz rounds/coins than it is to sell off a 100oz bullion bar.

  • Holy shit! 300 ounce = $8,376.00 !

  • @MsH1h1h1h1 January 1st 2012

  • @DontTread0nMe1776 We are Jan 1st and we are not even close

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