Tri State 1 OZ silver bars

Hello everyone,

I have a few of these 1 oz Tri State Refining bars. I listed one for more than I thought it was going for and someone bought it right away. Can anybody tell me how rare these are?

Generally, bullion bars do not have any expected value beyond their metal content and a small premium. "Rarity" usually doesn't have any relevance for bullion unless there is some unique quality that it possesses (credibly attributed to an event/owner/provenance/etc.). If that were the case, I imagine that you'd have been aware of it when you acquired them in the first place.

When you say "more than I thought it was going for" what do you mean by that? Were you looking at retail prices, melt value, or silver futures? All of these will have different prices at any given moment. For example, if you priced above the spot price, but below the average retail price, you would almost certainly secure a buyer. Right now, the spot price for silver is a little over $22/oz and yet if I go to a site like eBay, I can find sellers offering 1oz art bars for up to $80. There's one identical to yours (though in worse condition) for $65. That being the case, you could theoretically put one up for double the spot price and still appear to be a "good" deal (especially to the inexperienced or to those who have a wildly optimistic view of the future of silver prices). You have to consider that sometimes people don't act rationally when buying things (especially precious metals).

Good luck!

I appreciate the response. This was from my dad's collection, which I inherited. I was looking to see if anything goes for much more than melt value, and it seemed like these had a bit of attention.

I put one up on the big auction site last night for $80 BIN, considering I see one with bids on it at $50, and another that you mentioned for 65. I was expecting an offer around 40-50, but when I woke up someone had bought and paid the full asking price. This is what lead me to do a bit of searching and to eventually ask on here. That seems higher than I would have expected.

If you want a little history about this bar: https://en.numista.com/catalogue/exonumia189726.html

There is tremendous appetite for silver bullion in any form currently.

Apparently enough for someone to buy 4 @ $80 each. I'll take it.

no regrets.

Citeer: "Cablerock"​Apparently enough for someone to buy 4 @ $80 each. I'll take it.

​Wow! Absolute madness, but great for you!