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Silver investors: bars $2.09 over spot from Monument Metals $832.68

$832.68
+36 Deal Score
95,821 Views
One of the cheapest online stores I've found: Kilo bars starting at $2.09 over spot. Shot/grain at $1.99 over.

Paid a bit less the other week for the Germania Mint bar, but that's the luck of the draw when available cash == market/opportunity (I'm usually on the wrong end of stick, unfortunately).

Simple, online CHECK check-out, back-ordered item came early (projected 2/11 :S), well packaged & tracked. Would definitely do again.

https://monumentmetals.com/silver...-bars.html

https://monumentmetals.com/german...r-bar.html

2022 Canada 1 Oz Silver Maple Leaf (BU)
Single Coins, Tubes of 25, Monster Boxes of 500
Just $4.99 Per Oz Over Spot!

1 Oz .999 Silver Round (Design Our Choice)
Just $2.99 Per Oz Over Spot!

Italpreziosi 5 Oz Cast Silver Bar (New w/Assay)
Just $2.99 Per Oz Over Spot!

10 Oz Silver Bar - Random Design (New)
Just $2.69 Per Oz Over Spot!

Kilo (32.15 Oz) Silver Bar - Multiple Brands
Just $2.35 Per Oz Over Spot!

100 Oz Silver Bar - Random Design (New)
Just $2.25 Per Oz Over Spot!

1000 Oz +/- Silver Bar - COMEX Deliverable
Just $1.19 Per Oz Over Spot!
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Sk35
01-24-2022 at 06:21 PM.
01-24-2022 at 06:21 PM.
Anyone know how they ship, I don't trust usps
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SeikenDensetsu
01-24-2022 at 06:22 PM.
01-24-2022 at 06:22 PM.
This guy gets ready for inflation.
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ak1802
01-24-2022 at 06:52 PM.
01-24-2022 at 06:52 PM.
How does one convert a silver bar to cash in the private market? Are there dealers, banks, individuals that bid on them?
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irobot73
01-24-2022 at 07:10 PM.
01-24-2022 at 07:10 PM.
Quote from Sk35 :
Anyone know how they ship, I don't trust usps
Guess won't be 100% if/until one would have to use it

https://monumentmetals.com/terms/

Insurance
All Monument Metals shipments will be fully insured for the sale value of the enclosed product purchased from Monument Metals, subject to the following limitations. Your package is fully insured until it is signed for at its destination. If your package is lost or stolen, you must notify us immediately so that we may begin the claims process. Neither we, nor our insurance company, accepts responsibility if you have left instructions with any carrier or delivery service to leave packages for you without the need of your signature or if you instruct the carrier to leave the package with someone else, such as a neighbor or drop-off location. If your shipment is not recovered and follows the above criteria, your shipment is fully insured and you will receive a full reimbursement of the loss according to the specific shipper's insurance policy. You agree to fully cooperate with us in any investigation or claim process and to take every resonable action requested of you in the process. Failure to cooperate could jeopardize coverage that may be provided to you.
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brenth77
01-24-2022 at 07:11 PM.
01-24-2022 at 07:11 PM.
Quote from ak1802 :
How does one convert a silver bar to cash in the private market? Are there dealers, banks, individuals that bid on them?
Can sell to local coin shops. Or can sell back to online sellers like Monument.
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TokenSid
01-24-2022 at 07:12 PM.
01-24-2022 at 07:12 PM.
Quote from ak1802 :
How does one convert a silver bar to cash in the private market? Are there dealers, banks, individuals that bid on them?

You pretty much get ripped off. Same as if you go to the airport and exchange currency. If you are buying PMs, you need to get it at a fantastic price and hold until SHTF.
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irobot73
01-24-2022 at 07:13 PM.
01-24-2022 at 07:13 PM.
Quote from SeikenDensetsu :
This guy gets ready for inflation.
At best, a hedge on the market(s). At the worst, it'll be an easy, out-of-sight transfer to the youngins to do w/ as they wish.
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irobot73
01-24-2022 at 07:16 PM.
01-24-2022 at 07:16 PM.
Quote from TokenSid :
You pretty much get ripped off. Same as if you go to the airport and exchange currency. If you are buying PMs, you need to get it at a fantastic price and hold until SHTF.
Or, wait for the U.S. to catch up to the World w/ NEGATIVE interest rates for 'savings', on top of the built-in 2%+ inflation on funny $ they create out of the ether (creating even MORE inflation)...

Different strokes/folks, you do you
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manku
01-24-2022 at 07:17 PM.

Our community has rated this post as helpful. If you agree, why not thank manku

01-24-2022 at 07:17 PM.
Just my two cents here:

My dad bought some silver in the late 70s...wouldn't sell it as the price soared to over $50/ounce when the Hunt brothers tried to corner the market...said he didn't want to pay taxes. Oops!

Price is 50% lower over 40 years later...no dividends either.

Meanwhile, the stock market is up 30x, and even buying and rolling 3-month CDs would have probably given you 3x your money.

Warren Buffett may be a "dinosaur", but there is a reason he's avoided precious metals his whole life.
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sam7
01-24-2022 at 07:21 PM.
01-24-2022 at 07:21 PM.
If I bought this, I would have zero idea if I had precious metals or a bar of scrap metal. Might be an unpleasant surprise when trying to trade this for gas and spam post-apocalypse.
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irobot73
01-24-2022 at 07:57 PM.
01-24-2022 at 07:57 PM.
Quote from sam7 :
If I bought this, I would have zero idea if I had precious metals or a bar of scrap metal. Might be an unpleasant surprise when trying to trade this for gas and spam post-apocalypse.
Why you buy from REPUTABLE sources 1st & foremost, no?

Would be better in that case to go w/ junk silver. This being a bit harder to barter with/make 'change'
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Last edited by irobot73 January 24, 2022 at 08:01 PM.

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irobot73
01-24-2022 at 08:16 PM.
01-24-2022 at 08:16 PM.
As always
Click image for larger version

Name:	w9fk899ibnd81.jpg
Views:	386
Size:	51.3 KB
ID:	11113870
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