5 oz Poured Silvertowne

in #silvergoldstackers4 years ago

From what I can figure, the general public has the idea that the price of silver is up. And certainly the spot price is above its recent low, but it's still in the general range it's been for a while now. The premium is higher than normal, but the actual value of the silver seems largely unchanged.

In practical terms, I think this means that buying an ounce of silver will cost you more than it did a month ago, but selling an ounce of silver will yield about the same as it did a month ago. The economics change if you're taking about larger quantities, but for small scale transactions, this seems to be the case in my area. Is everyone else finding a similar situation?

I'm also curious how the vintage, poured, and specialty markets are affected by all of this. If anyone has any insights, I'd be interested to hear it.

Speaking of poured, I picked this up a bit back. Whenever I find something like this at my LCS I make an effort to pick it up, if reasonable. My town is small enough that these types of pieces don't show up too often, so I've not gone broke yet. Yet.

It's a 5 oz Silvertowne poured bar. I don't believe it's vintage. I think it's a modern produced ingot that's made by Silvertowne to look old. But it's pretty nice looking nevertheless.

IMG_20200322_182307403~2.jpg

IMG_20200322_182318442~2.jpg

Sort:  

I haven't been to my LCS, I believe they are closed, but in the past when the Spot Plus premium was lets say....$1.25 over they would buy back at spot plus $1.10

It is a solid bar. Pity I can't find it where I live (Brazil).
!trdo

Congratulations @ronaldoavelino, you successfuly trended the post shared by @methus!
@methus will receive 0.87911325 TRDO & @ronaldoavelino will get 0.58607550 TRDO curation in 3 Days from Post Created Date!

"Call TRDO, Your Comment Worth Something!"

To view or trade TRDO go to steem-engine.com
Join TRDO Discord Channel or Join TRDO Web Site

AWESOME Silvettowne bar!!! I love it. I need to hunt for one!
Be safe and take care 🥰🌺🤙

Congratulations @methus, your post successfully recieved 0.87911325 TRDO from below listed TRENDO callers:

@ronaldoavelino earned : 0.5860755 TRDO curation


To view or trade TRDO go to steem-engine.com
Join TRDO Discord Channel or Join TRDO Web Site

Coin Marketplace

STEEM 0.17
TRX 0.15
JST 0.028
BTC 62952.72
ETH 2429.38
USDT 1.00
SBD 2.56