90% or 10oz bars-Which has lower premium over spot?
 

It is late & my math-fu is weak...Which has lower premium over spot silver-90% coins or 10oz silver bars?

And what face value of 90% coins equals 10 oz.??

BTW, Thanks for letting me register. This has become one of my favorite sites.

Thanks, Bill.

Re: 90% or 10oz bars-Which has lower premium over spot?
 

welcome aboard Bill.
10 oz bars are my favorites. usually a buck an ounce over spot.
approximate .715 oz per 90% face dollar. so 10/ .715 = 14 dollars face
I am NOT an expert, and it is late.......ya may want to check my work.

Re: 90% or 10oz bars-Which has lower premium over spot?
 

There is less arithmetic if you buy .999 bars. Junk silver is sometimes below melt value, sometimes above.

Re: 90% or 10oz bars-Which has lower premium over spot?
 

+1

keep it simple for when you may have to trade/barter after TSHTF

Re: 90% or 10oz bars-Which has lower premium over spot?
 

To confirm others calculations: 90% junk has (in theory....they have wear...) 0.715 ozt per $1 Face Value.

Thus $1 FV / 0.715 ozt......= $1.3986 Face Value / 1 ozt.

For your 10 ozt bar example.....$13.986 Face Value.

For all pratical purposes....just say 1 ozt = $1.40 Face.....10 ozt = $14 Fave Value.

To make "change" for 1 ozt bullion.....you need 14 silver dimes....

I think 90% junk is always less costly to buy than 10 ozt bars.

Stick with 2 forms of silver (just my opinion) 1) Low Premium Rounds/Bars....in mostly 1 ozt...some 10 ozt if you like.....2) Get a bunch of silver dimes....to make change for 1 ozt rounds.

BTW: I think the day will come that the pre-1982 "copper" penny will be valued at 20 copper cents per 1 silver dime.......and I'm stashing a bunch of 95% copper pennies.

Re: 90% or 10oz bars-Which has lower premium over spot?
 

Re: 90% or 10oz bars-Which has lower premium over spot?
 

Get the 10 oz. bars while you can! They are everyone's favorite and are gettting harder to come by.
10oz. Johnson & Matthey #1, Engelhard, Sunshine Mining, Wall Street #2
90% and rounds are always available.

Re: 90% or 10oz bars-Which has lower premium over spot?
 

Newb Question = By "Low Premium Rounds" I presume you do NOT mean SAE or Silver Maples, but the rounds made by the various private mints??

Re: 90% or 10oz bars-Which has lower premium over spot?
 

Correct.....in bulk, you can buy well known rounds/bars for about $0.50 to $0.90 over spot while the ASE and SML will be closer to $1.50 to $2.00 over spot.

Re: 90% or 10oz bars-Which has lower premium over spot?
 

And what would be the typical premium for 90% $100 face bags??

Thanks, Bill.

Re: 90% or 10oz bars-Which has lower premium over spot?
 

http://www.coinflation.com/


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