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Where to sell a silver bar

Repton1
Repton1
in Jobs, Economy, Banking, Business, Investments

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On 9/28/2024 at 11:39 PM, ericbj said:

You are correct that holding physical bullion does not offer liquidity, because the buyer must first assure himself that the item is genuine.  I.e. not only the specified weight but also solid silver of at least 99.9% purity.

 

For those who insist on having physical, in Thailand you should select a reputable shop that is convenient for you, and deal only with them. When you return to that shop with "their" gold (the gold they sold you), it is usually a fast and frictionless transaction, since they trust the gold they handed you. Of course, as @ericbj states, this is less than ideal liquidity, but it is the best way to do physical in Thailand.

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  • connda
    connda

    Not being the spelling police. In this case, spelling matter. Bangkok Assay. 

  • StandardIssue
    StandardIssue

    Just curious, but what are doing holding onto a bar of silver? for it to be worth anything I would think you'd need like 100 pounds of the stuff. I think a pound is worth around $500 USD right now. No

  • swissie
    swissie

    Maybe you want to reconsider. My Indian Guru tells me that this is not the time to sell Silver, it's the time to buy Silver.

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