SILVER v USD

[airedale]

Thanks, JB, will put them on my watch list.

[Ish]

I hold TRY which will be producing a bit of silver soon

CCU-explorer(did hold awhile ago)
SVL-silver lake I don't know if this is the right ticker code but they are silver explorer

Personal my fav silver investment is .999 silver bullion in my safe

JB, hypothetically how would you go about selling your bullion?

I have 32kg of .999 which I have held for a number of years and am now looking to sell to raise the cash for another purpose.

NZ mint would probably offer me too low below market price to be worthwhile

If anyone has any ideas I am interested. Looking to sell the lot.

[JBmurc]

JB, hypothetically how would you go about selling your bullion?

I have 32kg of .999 which I have held for a number of years and am now looking to sell to raise the cash for another purpose.

NZ mint would probably offer me too low below market price to be worthwhile

If anyone has any ideas I am interested. Looking to sell the lot.

well if I was I'd use trademe
- personal i wouldn't sell- ever year the world uses more silver than it producers 80%+ silver traded today is paper silver with 0 real silver backing
What ever your going use the money you get paid for the precious metal will look so cheap 5yrs from now ,yet if you take on extra dept the inflation(esp hyper-inflation)will make the funds borrow costs seem minimal


trademe is NZ's largest fair market for silver bullion
- 1oz have been selling for between $32-$40oz ferns-eagles
- 1kg $950-$1100

trademe --
Success fees
Up to $150 6.9% of sale price (50c minimum)
$150 - $1500 $10.35 + 4.5% of sale price over $150
Over $1500 $71.10 + 1.9% of sale price over $1500
(max fee = $149)

selling as one big lot would be the cheapest

I personal would love to buy it of ya but am planning to build early next year so will be only adding small amounts to my holding.
If you could only wait till later next yr I prob would buy the lot $1,000 a kg

[Ish]

well if I was I'd use trademe
- personal i wouldn't sell- ever year the world uses more silver than it producers 80%+ silver traded today is paper silver with 0 real silver backing
What ever your going use the money you get paid for the precious metal will look so cheap 5yrs from now ,yet if you take on extra dept the inflation(esp hyper-inflation)will make the funds borrow costs seem minimal


trademe is NZ's largest fair market for silver bullion
- 1oz have been selling for between $32-$40oz ferns-eagles
- 1kg $950-$1100

trademe --
Success fees
Up to $150 6.9% of sale price (50c minimum)
$150 - $1500 $10.35 + 4.5% of sale price over $150
Over $1500 $71.10 + 1.9% of sale price over $1500
(max fee = $149)

selling as one big lot would be the cheapest

I personal would love to buy it of ya but am planning to build early next year so will be only adding small amounts to my holding.
If you could only wait till later next yr I prob would buy the lot $1,000 a kg

I could probably wait and see if you are keen later next year. Selling it in one lot is appealing for simplicity's sake. I'm not in a big rush, but i've been thinking about selling it for the past 6 months.

I know it has a good story, thats why I got in, but i am looking at some other options for the moment.

Cheers

[Lego_Man]

I could probably wait and see if you are keen later next year. Selling it in one lot is appealing for simplicity's sake. I'm not in a big rush, but i've been thinking about selling it for the past 6 months.

I know it has a good story, thats why I got in, but i am looking at some other options for the moment.

Cheers

Hey Ish, cant take anywhere near the lot off your hands but would be interested to see what you have. PM what you've got if you're interested.

[JBmurc]

good deals at moms atm for you silverbugs who are looking at buying some 1oz coins January Special: Free shipping on all 'Volume Sales' as freight is usually at least $1ea oz to NZ

100 Ounces Lydian Lion 1 oz. Silver =$2750 NZD or $27.50oz they are current selling on trademe for $33oz+

[arco]

good deals at moms atm for you silverbugs who are looking at buying some 1oz coins January Special: Free shipping on all 'Volume Sales' as freight is usually at least $1ea oz to NZ

100 Ounces Lydian Lion 1 oz. Silver =$2750 NZD or $27.50oz they are current selling on trademe for $33oz+

Thanks for the info JB. How much is shipping usually from Moms?

I'll be interested again towards $15 ish

[JBmurc]

well on a volume sale of 100x 1oz coins -economy freight $106 USD international freight

that's why is such a bargain atm

[Ish]

As stated above, I have 32.4 kg of silver to sell. (20 x 1kg, and 4*3.11kg)

Mostly Johnson Matthey minted.

If anyone is keen PM me.

Looking to sell in the next 6 months, and for simplicity would prefer to sell in one lot, or say half of it to one buyer.

Price I would be looking for is a slight discount to trade me bulk rates, so a good deal for anyone looking to get a sizeable holding.

[peat]

I bought a little more physical silver today.... spot price in NZD has come down a bit (now only about $21) and there was a small bargain on TradeMe , so in accordance with my long term slow accumulation strategy I acted.