Auction: 50,000 oz. silver Canadian Olympic Mapleleafs
Silver Stock Report
by Jason Hommel, September 19, 2008
I'm parterning with a popular and well
known bullion dealer to auction off 50,000 ounces of silver.
Terms: Available to bidders in the USA only.
Auction ends September 22, Monday, Noon, Pacific Time.
Bid how much you are willing to pay over spot.
Minimum bid: $2.50 USD over spot, per ounce.
Minimum bid size: 5000 ounces. So there are 10 lots up for auction, you may bid for 1 lot, several lots, or all.
(The coins come in boxes of 200 coins each, so minimum is 25 boxes.)
Dutch Auction Rules. High bidder wins and gets first allocation,
but the final auction sales price will be the lowest price bid that is
required to fill the whole 50,000 coin auction.
Free, insured, shipping, to anywhere in the USA ONLY, included in the
After the auction, I will release the range of bids, but not the name of any bidder.
I accept no responsibility if your email bid gets lost and does not
arrive, or gets lost in the spam filter. Email via "returned receipt
requested" to help ensure confirmation of your bid.