I hold some PMs, but what amazes me is the price some are willing to pay for vintage silver bars. Silver, not gold.
Here is a 1 oz bar that went for $1225.
https://mineralexchange.com/products/1-1oz-cripple-creek-colorado-western-gold-producers-inc-vintage-silver-bar?syclid=clml3jm5ji7s73fsrj00&utm_campaign=emailmarketing_154556989589&utm_medium=email&utm_source=shopify_email
You can buy 1 oz silver for $27-$30
Unusual “Smiths” bar, 3.15 oz went for $995.
3.15 oz silver is about $100.
https://mineralexchange.com/products/1-3-15oz-smiths-vintage-silver-bar?syclid=clml6ou5ji7s73ed2c6g&utm_campaign=emailmarketing_154556989589&utm_medium=email&utm_source=shopify_email
And yet here is an Englehard not-so-old, but older, and certainly one of the best known names in bullion and metals 100 gram gold bar that went for $6050, actually BELOW spot
https://mineralexchange.com/products/1-100g-engelhard-industries-vintage-gold-bar?syclid=clml47m5ji7s73b2f300&utm_campaign=emailmarketing_154556989589&utm_medium=email&utm_source=shopify_email
And this is flat out crazy, 10 oz gold, beautiful Englehard bar, for $18,200. Spot is $20600.
https://mineralexchange.com/products/1-10oz-engelhard-eagle-vintage-gold-bar?syclid=clml5k65ji7s73e9kcl0&utm_campaign=emailmarketing_154556989589&utm_medium=email&utm_source=shopify_email
(I have not included the buyer’s premium, which is non-trivial, in the above prices)
Wow! Those are ridiculous prices!