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The TRUTH About Trying To Sell 95 KILOS Of Silver Bullion: It's Not Easy | Silver Stacking Problems!

By BackyardBullion, 21/09/22
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The TRUTH About Trying To Sell 95 KILOS Of Silver Bullion: It's Not Easy | Silver Stacking Problems!

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I was very lucky when I decided to sell the majority of my Silver 1500 oz (42 kg) but my saving grace was timing (silver hitting $30 oz) the majority of the Silver was in coin form and in the Queens Beasts 2 oz and 10 oz coins hot series and gained significant premiums. Selling across Facebook Groups, eBay, Silver Forum hard work shifting that much Silver and had to constantly put in the work and effort almost like having a full time job. Only way to obtain the best prices on the secondary market was to list the coins individually and have discounts available on multiples when purchased. I still have 50 oz Silver left (more sentimental value) but I am glad transitioned my stack into Gold, easier to liquidate closer to spot, easier to transport and keep safe. I am going to have to say only way sell 95 KILOS Of Silver Bullion in bar form is via a dealer who will offer less than spot.

I still have a full set of 1 oz Marvel superhero coins kept for my son (bought 10 of each coin on release paying 18 Euros at the time) the full set now being sold for £500 for 9 oz Silver. Silver is not silver the form and the series the Silver is in has a huge impact on the price obtain when selling it.......

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