Hello Silver Stackers..
As I described in my last stacking post, the one where I bought a Silver Krugerrand and a Silver Eagle, I have started to put some of my money into stacking silver, but I'm pretty new at this, and I could really use some advice from some of the more experienced stackers on Steemit...
I want to buy a Silver bar, but as I can see, the are very different prices on the different bars, eventhough the bars are excactly the same size...
I found a bar, the bar where I pay the least amount of money for the greatest amount of silver, and I want to make sure that I'm not able to get it cheaper than this...For your information, I live in denmark, Europe.. and therefore 25% VAT is added to the price, looking to buy the bar in Germany, where the VAT is 5% less, and shipping costs aren't that bad...
The bar that I'm considering:
As you can see, it's a 100 g. bar, and the cost is 107 Euro, that equals to $116,02.
Shipping costs is 10.95 Euro, that equals to $11,87.
Total price, shipping inclusive is 117,95 Euro, that equals to $127,89...How much would bar like this cost in other parts of the world, and would it be possible for me to buy it cheaper somewhere else?
100 g. equals to a little over 3 oz. of silver, and then we are looking at more tham $40 per oz. That seems to me like a very hefty premium...I'm aware that VAT is a big part of the premium in this case...
What do you experienced stackers think of this, am I doing a good buy or what??
Hope that someone would like to comment on this...Thank you in advance..!!..