ADVICE: Bars, Ounce-coins, or Rounds/junk silver? Which is best in a SHTF scenario?

[nickndfl]

The problem with the 1000 oz bar if you go to resell it the buyer will probably want to drill a core sample.Only.allow that after the cash is on the table.

 

[Bottom Feeder]

Hah! Rounding up a big enough scale to weigh it accurately might be tough.

 

[SKULL]

I preferred a roll of nickels, nick.


You have a 1000 ounce bar? I dind't know they came wrapped in plastic. Only one I've ever seen looked like a home pour. In any photos they look pretty rough also. I don't think tarnish matters much.

Any time I talk to someone that has no contact/experience with Silver, I pull out a 1 oz Coin.

Their eyes light up a bit & they are always surprised by the weight & always ask " is it real ". I say yes it's real .999 Silver.

I ask would u trade something for it ? Most consider a bit & say yeah, I probably would.

I think it's a bit easier with a coin rather than a Bar, because people have the experience with handling coins. Bars are not common to them, so they seem to have a difficulty in assessing the Bar.

Just my experiences

 

[pmbug]

Here's a question:

I kept my 1000-oz brick wrapped in the plastic it was sold in. If I'd taken it out of its wrap, and it tarnished deeply...would that have affected its sale value in any way, shape, manner or form?

I wouldn't think so, but you should probably ask a dealer/LCS

 

[Vichris]

In any photos they look pretty rough also. I don't think tarnish matters much.

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Agreed about the tarnish. These days the tarnish is preferred. It's almost like the "patina" on an older car. I wouldn't waste a minute cleaning it.


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[Viking]

The problem with the 1000 oz bar if you go to resell it the buyer will probably want to drill a core sample.Only.allow that after the cash is on the table.

Sigma Metalytics, LLC

Sigma Metalytics, LLC

www.sigmametalytics.com

 

[Casey Jones]

I preferred a roll of nickels, nick.


You have a 1000 ounce bar? I didn't know they came wrapped in plastic. Only one I've ever seen looked like a home pour. In any photos they look pretty rough also. I don't think tarnish matters much.

It was a long time ago - about 2012. Back when silver was riding a rocket up, and there was a shortage of rounds and even small bars.

The same guy that jobbed me on those 1-oz fakes, had a thousand-ounce bar back there. I had the money; the plan was, exchange it for smaller units later. Which I did, but in Montana, several years later.

It was wrapped in plastic, and inside an individual, fitted box. The refiner's name was printed on it - don't remember it, but it looked industrial.

The bar itself was a neat, professional cast. Obviously it was intended for industrial use, but that dealer wound up with it.

 

[SKULL]

Sigma Metalytics, LLC

Sigma Metalytics, LLC

www.sigmametalytics.com

They are Very Good analytic instruments, I think they would have a real difficulty with a 1000 oz Bar

1000 oz is roughly 31 kg - that's a BIG Bar of silver

 

[Casey Jones]

Oddly, I had no trouble selling my brick.

I did take a haircut in that silver's price had fallen lower...que sera...life sometimes serves up a fecal sandwich...

I wish I could remember the refiner. I wanna say "Republic" but there's no Republic PM refiner listed in Brave search.

 

[nickndfl]

Sigma has a wand, but nobody is going to trust it on a bar that large because you can hide a tungsten block easily inside.