I'm looking at 100oz silver bars on Apmex to get rid of some dollars I have. They're 999 fine silver. There is a large price variation among them. Some are ~$3,000 and others are ~$3,500. Why is there such a large swing? Aren't they all the same thing?
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Don't buy silver that big. Get 1 oz and 10 oz.
fully agree
As the dollar dives and gold/silver price increases, the premiums will disappear. One oz of silver will be worth spot , won't matter if it's a shiny new silver eagle, or an old worn out silver round from the 70's...Go for the lowest premium and be able to stack more ounces.I agree with the 1 and 10 oz increments...easier to trade if needed.
Different bars have different premium values. Pick the one with the lowest premium to get the best deal.
it's gonna have a chunk of lead/steel in the middle if you get a 100 oz that's cheap.
Better to get smaller denominations. Also, I've read that it's better to get coins rather than bullion. Coins have intrinsic silver content + numismatic value. Canadian or US Silver Dollars would be ok.