Engelhard silver 1 Oz Bars

[greg23]

A friend of mine has 40 of these that he wants to sell.He told me to make an offer on them.What is a good price to pay for these per bar?

[diggummup]

Here's what they've been selling for on Ebay-http://completed.shop.ebay.com/i.htm..._fsct=&guest=1 If you don't have an ebay account you can sign in as a guest. Looks like around 17 and up depending on shipping costs. Of course you should expect a discount when buying multiples. Engelhard is a good name and usually commands a small premium over spot price.

[jim4silver]

I would let him start the negotiation, by asking him what he wants for them. I have a few hundred of these myself and for some reason they do often demand a high premium. I would not pay a high premium though now if I were you. I got mine back when silver was cheaper, and I plan to hold these until I finally part with my silver. As far as one ounce bars go, they are probably the most in demand, as well as JM one ounce bars.

I would not pay more than 50 cents over spot.

Most dealers will not pay him more than that anyway if he goes there to sell. Some will offer him less.

Jim

[allen]

negotiate, negotiate and negotiate some more !