Should You Stack 100 Oz Silver Bars? Are Big Bars A Good Buy? Pros And Cons - Gold Silver Platinum
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- Опубліковано 26 сер 2024
- In this video I talk about my personal opinions on stacking 100 Oz Silver Bars I discuss the pros and cons to the big bullion bar and what I personally choose to stack.
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Please feel free to leave a comment below with your thoughts on 100 Oz Bars and if you agree with me or disagree.
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I like 100oz. I want at least 10 of them. It will be closest I get to a comex. One down, Scottsdale, and 9 to go.
In my city 100oz. bars are very easy to sell to bullion dealers, never had a problem. I also find out some not all stackers that say buying too much at once are people that can't afford it which is fine. I've been able to buy 50oz. a month based on my budget and I got buddies that are buying 3x that much every month. You got some awesome bars there!!
Yeah as long as its silver it should always sell regardless, should never have a issue selling it
Yes, if you're a pure stacker. I wouldn't worry about the cost. It's the same as an ounce and a half of gold.
People who say it's hard to sell 100 oz bars have likely never owned one and or tried
Yeah I've never had a problem selling any size of silver or gold as long as it's real
100 oz for wealth preservation 1 and 10 oz for shtf.
Def not a bad approach
You can always saw 'em down more and have some silver shavings in your stack too!
For me, I like the 100 Oz because the silver part of my stack isn't too liquid...these let me easily sell a lot of Oz when my price comes up👍🏽💰
eh?
@@divinemercy7036 sorry for the misspelling...lol
So, most of the silver in my stack is higher premium stuff, that makes lcs dealers say some shit like "Silver is just silver" before they lowball ya... when this happens, U pull out the hundo 🍆😳 & hit em with it. The 100oz is like the moat to ur castle, the first line of defense. The premium is so low, it's good when U buy them. If/when U ever have to sell, it protects the part of Ur stack you'd rather not part ways with
I only have two of my 100oz bars "stacked", ... the others are just lying around by themselves. But I could eaasily "unstack" the two that I have stacked one on top of the other.
Never sell to a pawn shop ! They are there when you have lost your job, have 4 kids at home that need food and your rent is due. I experimented with a local pawn shop here in northern Az and they offered $800 for a 1 oz gold eagle. Gold was $1800 an ounce at the time. They prey on your need of money. LCS is the way to go ! Our local shop here in town is extremely fair and honest. Stay away from most if not all pawn shops unless your buying. You will probably get a better deal because of the way the broke guy gave his gold and silver away.
I find Buying and Selling 100 oz. Silver bars to be no more difficult than selling 2 oz. of Gold. Silver seems to be in far higher demand here than Gold. But if your LCS can't handle a transaction over 10K, you should trade with one than can. Understand that you should always call ahead on any transaction 3K buying or selling.
Yupp, a shop that cant buy one isnt a shop Id want to do business with
There are regulations in a lot of states that require dealers to hold bullion in the LEADS system for 30 days when buying. Sovereign silver doesn't have that restriction. This could lead to lower return, less interest. Just my 2c.
Havent heard of that for bullion. Jewelry and items like that yes, but usually bullion is deemed "un-unique) and is not held in most of the us for dealers. After all if my 100oz Sunshine bar got stolen and I reported it there would be literally no way to tell if the one in the pawnshop was mine.
@@StephensVault I think the idea is to capture the sellers name and ID etc. If 300oz shows up missing and 200oz of similar shows up they can at least start an investigation. Also there are tax additional tax implications for bullion in Florida from what I've heard. IE no tax on sovereign sales.
Excellent video. I am very carefully considering whether or not to acquire a 100oz bar at this stage so this was helpful. Liked and subscribed!
Awesome thank you!
Very nice silver bars. Thanks for the video..........
Thanks for watching!
Such a beautiful stack. 100 oz bars make sense when premiums are normal. These days they are hard to find.
True, but when you do they are still better deals then 100 ozs of 1 oz rounds
I just bought my first
Nice discussion on an interesting topic. Not something I'll be involved with, but it does answer questions I've had about the 100 oz game! Thanks!
Thank you for watching!
New here. I’m worried about a kilo. But you have inspired me. Thank you. Keep that stack growing!!!! 🤩🤩🤩
Glad to hear! I actually have a video on just kilos but I haven't edited it yet to post!
Kilos are great weights to have. I bought some of the nine fine kilos, really sharp.
Love the 100 bars. Just found this youtube, seen ya on the gram..nice job with the video.
Subbed, looking forward to more.
If your a true collector you will get them in all different sizes. Coins and bars. Especially if you have the money. And for people that fear you cant split a large bar in a shtf scenario do they not realize that those bars arent the only thing you would have stacked. In essence just like people use to have cash for larger purchases and use coins for the smaller stuff. Large bars would be for big stuff like hey ill give you a few 100 oz silver bars worth the same value as your car and one extra for your troubles. Or hey i just need these 30 dollars in groceries heres a silver coin or 2. You would use both. Although i never see it ever coming to that. If you were to realistically look at it you need both for that plan to work in that way.
100 oz bars are easy to liquidate and very much in demand! The old wisdom was people couldn’t afford them and they weren’t very liquid, that’s not true at all anymore
BS. A mistake for most to buy
@@michaelphillips3123 I guess that depends on your area. Here in LA they are easy to liquidate as coin shops want them
Really enjoy your videos. I am up in the air about stacking. Some things that hold me back are the up and down charts of price. I don’t understand how or who determines the price per oz. and why does it fluctuate so many times each day. Another thing I don’t understand is why can’t I buy plain silver coins without a design on them. For example, is it just a label thrown on a pair of jeans that makes one pair cost more than another? I hope you can help me decide whether I should start stacking. All I know that now the prices for everything has gone up so maybe now is not the time to buy. Oh and to answer your question, yes I think your a crazy genius.
You stack to preserve your wealth, not to get rich. However if true price discovery ever happens (possibly 2030) you should be looking at $1000 an ounce silver. The comex is what holds the price down artificially to keep people in fiat. A lot of things happening these days, at the very least you should start stacking ounces for insurance. World is getting crazier everyday.
@Come on cents.The way they are treating the dollar we are looking at a possible hyperinflation situation starting.The dollar has been the Petro dollar since 1944,thats under threat by Russia and China internationally..Biden is spending like a drunk hooker with someone elses credit card domestically.Silver is a way to protect yourself...right now silver is affordable and there may come a day its going sky high sooner than people think.
nice stuff bro !
Appreciate it
A few dealers I talked to, here in North East, point blank told me they are paying and would rather have more 10 oz bars, rather than 100 oz bars. Same as Gold... they would rather have fractionals than full oz. Big bars are certainly cheaper per oz... but definitely not the ideal.
I want a classic JM bar but I probably favor pressed.
I am amazed you don't have a Englehard there - Either poured or die struck 100 ox bar. They were always the most common, followed by those poured JM bars.
I have some but didnt put one in the vid - they are super common and a great bar to have!
If they are super common why do so many claim they are "collectable"?? 0.o
@@EroticOnion23 simply because the company isn't in business anymore like JM mathis.
I've always wanted one but the tax treatment on them is terrible compared to Britannias here in the UK. Britannias are Capital Gains Tax exempt, bars are not.
If I owned one it would literally be the first thing I sold if Silver shoots to the moon.
Yupp they are good for investment 100% - Tough break with the taxes, that should be a crime to tax investments
Not everyone can afford a whole 100 ounce bar. That's why I am stacking 10 ounce bars. Bought 100 oz. worth of these 10 ounce bars.
Yeah 10oz are great to stack for sure
I'll make it really easy for you people in TV land. Just buy yourselfs few 100 ozt silver bars and then stack smaller
i cant justify buying any peices over 10 oz at the moment because i can find 1-10 oz peices at the same price as kilos and 100 oz bars per oz. Also if silver spikes too much it could have more tax implications if you have to resell to a dealer and they are less liquid on the secondary market than smaller peices from the point of an individual seller trying to sell on kijiji. I still want a vintage 100 oz RCM bar but i dont mind waiting until i find the right deal.
We'd have to spike up to $100 a oz for it to have possible tax reporting. But on the private market it is harder to sell if you want a premium. But most people who own metal plan to take it to a shop or dealer for their exit strategy and in that instance it'll most likely be same as liquidating 10x 10oz bars
Genius!!!!!!
Some awesome pieces there, been picking up some kgs recently as i've not seen a 100 oz available locally but I do want a 100 oz in my stack
Yeah big bars are getting hard to come by as alot of people are moving big money into metals
too expensive? traded $140 FV junk silver for a 100 oz (BU) Sunshine Minting bar at my LCS, and got back change. (my quarter rolls were purchased at $100 each and dimes were purchased at $50/roll). For those of us old enough to remember yellow page phone books, "let your fingers do the walking", i called 5 different LCS's to see what they are paying for 100 oz bars. Then i go to the best offer.
Yeah Ive never met a dealer that wouldn't buy silver regardless of form or size. But that is a big myth out there that you cannot sell a 100oz bar
Ya you can't sell one how about one ounce of gold for 17 hundred. Thay will go faster than gold.
You can sell a 100 oz bar just as easily as you can sell an ounce of gold!!! So if you're reasoning for not buying a 100 oz bars because of the difficulty in selling it you're crazy !!! That's something only a rookie would say !!! 😎😎😎😎😎😎😎
Thanks great video! for a dummie super noobie into this stuff!! ... I was talked into buying Sunshine 100oz bars by a silver broker.... alot of people said those are worse bars to buy and NOw i am scared to buy anywhere because this is like an alien language for me. Do you have a video on what types are safe or good to buy?!??! THANKS ! Im sitting here feeling so stupid after buying a couple 100oz sunshine bars because many youtubers said its a dumb purchase, so im thinking I should just gift it away since i felt like I lost....LOL
I mean a 100oz bar is a 100oz bar. You might have overpaid for it but it's still 100ozs of silver. "cool" bars could be worth a bit more but 90% of the value is in the silver so definitely wouldn't be something I'd give away. That's like buying a lambo and thinking it's junk because you got it in a bad color
Silver is silver. Brand matters very little. Whoever told you that on UA-cam isn't that sharp. And with sunshine bars you can prove their legit with the hologram card.
Haha your a genius! 👌🏽
Thanks 😅
At their buy price….exactly. That’s why 100oz are not great investments
A coin shop will typically buy a 1oz round and a 100oz bar at the same price per oz. But you will pay alot more per oz for 1 oz rounds. So as I stated if you plan to sell it back to a shop a 100oz bar is a better investment
If you sell anything at a discount, then of course it's easy to sell. Under spot?!? The positive for 100oz bars (low premium) is also the NEGATIVE. Whether buying or selling, there is a low premium BOTH ways. So there is no advantage to owning such an item. Might as well have 1oz rounds or gov't silver. The liquidity and ease of use for trade is better for 1oz items. I would say the only advantage for 100oz bars would be space & inventory management for someone wanting to stack 10,000+oz of silver. No silver is "bad" to own, but 100oz bars do not offer any significant advantages. Owning 1 or 2 max is fine. More than that is a bit questionable.
I agree the premiums carry both ways but the premium spread can be less significant. For example, most places you can find a 100oz bar for around $3 over spot, those same places will buy a 100oz for spot right now, some over, some little under. ASEs are being sold by those places at $9-$10 over spot and are being bought from major dealers for $3-$4 over spot. So no matter what spot is, if I bought a 100oz bar and 100 ASEs from most major dealers and then sold them right back to them at the same spot price. I would lose $300-$400 on a 100oz bar but $700 to $800 on ASEs.
@@StephensVault they just look cool, I can see why you have them. It's okay to enjoy life right?
your rich 🤑
Yes unless you can afford 1000 Oz bars!
You got some weight on your hands.
100oz will get alot of land haha
In a shtf scenario
Yup. People were buying houses in weimar Germany for far less silver.
You are crazy
Crazy cool!
More even crazier vids in the works, time permitting
I traded a generic 50oz bar plus some cash Vintage engleheart waffle back 100 oz bar P036289 .... My first hundred ouncer bad ass