Divisible 1 ounce silver

[jedemdasseine]

I've yet to handle these divisible silver rounds and bars.

Anyone know how easily they're divided, or if any other companies are producing divisible silver?

http://www.qualitysilverbullion.com/index.php?route=product/product&product_id=69
http://www.qualitysilverbullion.com/image/cache/data/Coin%20Pictures/1-oz-Divisible_Prospector-250x250.jpg
http://qualitysilverbullion.regencymint.com/image/data/Coin%20Pictures/1-oz-Divided_Prospector.jpg



http://bullion.nwtmint.com/silver_stagecoach.php
http://bullion.nwtmint.com/images/stagecoach_1ozBAR_obv.jpg
http://bullion.nwtmint.com/images/stagecoach_1ozBAR_rev.jpg
http://bullion.nwtmint.com/images/stagecoach_rnd_obv.jpg
http://bullion.nwtmint.com/images/stagecoach_rnd_rev.jpg

[gunDriller]

the implication of these bars is that they will be broken by wiggling them back & forth until they break.

from metalworking experience, i know this has a tendency to produce sharp edges. sometimes, very sharp.

normally, with a silver frac (e.g. 90% silver dime or quarter), you wouldn't worry about liability issues.

but if you hand someone a frac with a sharp edge & they cut themselves - what happens next ?

the $1.52 premium doesn't seem too bad, though. halfway in between a generic silver round and an Eagle or Maple.

[j-son]

i actually received them today.

as far as breaking them apart...no chance with your hands.

better get out the mallet and screwdriver.
check out this video and you will see what it takes to divide the pie.


http://www.youtube.com/watch?v=Bn1fBTd5kJs

personally i received the qsb rounds today and they arent that nice looking....kinda crude compared with the NWT rounds.

[Grand Master Melon]

While I think the concept is slightly cool I think it would just be easier to use junk silver if need be or fractional silver. Once in a while you can score the 1/10, 1/4 or 1/2 oz libertads at a reasonable price on the bay if they're beat up.

[StackerKen]

yeah I was surprised the price was semi reasonable on those.

there are kinda cool

But I like mercs and and franklin halfs...for my fracs. Real Money

[madfranks]

I think it's more a novelty factor than a real useful factor in these bars/rounds. With the size of those scoring lines which divide the full ounce bar, when you break it, I wonder how accurate to 1/4 oz each piece is. For instance if it breaks a little heavy on one side, you might end up with .26 oz and .24 oz pieces.

[j-son]

personally, i am a big fan of the NWT mint products (not their business procedures).

in my personal stash, i keep some generic and only nwt product.
their silver is nicely made and finished.

[Skirnir]

Given the premiums, Canadian silver (C$1=0.6 troz Ag) would be more economical if one needs fractional silver.

[gunDriller]

Given the premiums, Canadian silver (C$1=0.6 troz Ag) would be more economical if one needs fractional silver.


yeah, those are some of the prettiest silver around for sure !

and that .6 ounce silver weight makes the math easy.

[Skirnir]

For the price of one of those rounds, one could get thee 80% halves and a quarter with an extra 0,05 troz silver.

[Blink]

I've got 40 oz. of the stagecoach divisible bars just to be a bit more diverse in my stash. I was able to purchase them for the same as other generic silver prices. Not much of a markup compared to coins....... and kinda neat to boot.......

[TheNocturnalEgyptian]

I did receive one of these divisible generic rounds in a bag of mixed silver ounces. It's pretty fun, but I don't see myself splitting it down the "X" anytime soon. I like the concept, but without stamping weight and purity on each divisible section, the round does lose a little value once it is fractionalized. Hope you have trusting friends!

@blink - a 40oz. bar, divisible into 10 ounce sections actually sounds like a very useful denomination. There's no real waystation between 10oz and 100oz, so it works!

[Skirnir]

50 oz. bars could work, but they are not common. That, and if I cannot unload them on BullionDirect, it would be cumbersome to own.