Thursday, February 19, 2015

Race for Cash in Greece as Gov't and Banks on the Brink

When crisis hits, there is always a scramble for bullion and physical banknotes.

"...sources in the Greek banking sector have told Greek newspapers that as much as EUR 25bn euros have left Greek banks since the end of December with outflows surging this week."

Wednesday, January 14, 2015

Engelhard 10 oz "Old Pour, Bull Logo" - Bullion of the Month January 2015

I picked up this wonderful bullion bar at a coin show.  It is a 10 oz .999 silver poured bar from the former Canadian branch of Engelhard, prior to their buyout by BASF.  Engelhard is one of the few refiners which produced with a serial number for every piece of bullion.  It is distinguished as being Canadian by the "bull logo" - the little hallmark circle with "horns" to the left of the Engelhard name. Most American 10 oz poured bars have a serial number prefix of "PB".  This particular bar is worth a significant premium over spot due to its relative scarcity (yes, there is a collector market in old pour style bullion!).  For more information visit the interesting website