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  #21  
Old 07-11-2008, 10:39 PM
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Some educational background:

If this bar would be gold, it would back a full size COMEX gold contract! People would take delivery of gold contracts in those shaped bars!

Currently, Ebay premium for 100 ozs silver bars is around 35%. This is without GST or shipping costs into SG.
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  #22  
Old 08-11-2008, 12:40 AM
acer620 acer620 is offline
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2100 from me..
  #23  
Old 08-11-2008, 10:41 AM
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Quote:
Originally Posted by GoldBull5000 View Post
http://www.goldclubasia.com/showthread.php?t=4491



What you see is what you will get. The picture tells the whole story.

rule of the auction: just post here the price you are willing to pay. simple enough?

Starting price is S$1

End of auction is 8PM on 08.Nov.08

Delivery is on 09.Nov.08. Term is cash on delivery. Location of transfer is Tanjong Pagar MRT.

Of course the normal Ebay situation will happen here: first everyone withhold bids, then only stinker bids, then in the last 5 mins the real bids will come in.

Save yourself the trouble, just post the highest price you are willing to pay here in public view. When the time is due, the highest bidder wins the bar.

p.s. do NOT PM me your bid, only public bids are accepted for this special auction. thank you!
It will be interesting to see what happen after this sale is closed. Will the winner offer the same bar for sale again and at what price?
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Last edited by Snoopy; 08-11-2008 at 10:16 PM.
  #24  
Old 08-11-2008, 02:51 PM
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No idea, does not matter. In an auction, ONLY the highest bid matters.

Btw, I do expect bullion flipping to be the national sport of SG by 2012.
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  #25  
Old 08-11-2008, 11:29 PM
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Ok. Mr.Market has spoken. The bar goes to Acer620 @ $2100. congrats!

I will make the arrangement now for tomorrow's delivery.

Thanks all for bidding!
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  #26  
Old 10-11-2008, 03:22 AM
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Sold and delivered. Thank you very much for bidding!
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  #27  
Old 19-07-2011, 02:23 PM
prana prana is offline
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Default cheap!

Wow that is an incredible price for a 100 oz silver bar. I'll log in more often in order not to miss out in future!!
 


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