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333 topics in this forum

  1. Locks Jan 31, 2020   WIN Get paid to sell on The Silver Forum! (Incentive)

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  • Latest Forum Posts

    • I suppose i could ( at a push 🤔) add you and it to the Christmas draw ? Save you the headache of selling it ... PM me if you are interested 🤞😂
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    • i haven't seen a Johnson Matthey bar of this sort on the forum before. You might come across one in the UK but it could be years before you see a bar and then it is anyone's guess whether it is a 'good price'. Looking at ebay if you got nabbed by customs and the full price with shipping was declared you would be looking at £275 for a bar or £27.50/oz. For more unusual bars £27.50/oz for a bar is probably what you would have to pay, yes it is steep but that's what it is. It depends on how much you want to have a bar like this. This is not about stacking silver, it is about collecting a bar you want. You might find a private sale - the seller might declare a spot price for the silver to help you out - they might send it over as a present and it slips through. i think if you really want a bar like this it will mean you will have to get one State side.
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    • So I thought I would update. I didn't make it to the LCS as I got hit with a bit of a flu and spent the day in bed recovering...cue sad music! So instead I started to investigate my exit strategy and where to sell gold and silver in Budapest. At first I was shocked at the prices being offered by lots of places, buying at 50% under spot! Then I realised that searching using English was the issue. I was getting mostly 'high street' pawn shops that prey on people's lack of knowledge of the PM markets to rip them off. Once I searched using Hungarian I started to find decent buyers. Gold is easiest to sell (of course) with lots of places offering close to spot (-2/3%) but finding a decent silver buyer was difficult. After several hours I did manage to find a few decent buyers offering about 4% under spot. I'm going to keep looking and see if I can find better.