There is something about the smaller ingots that attract the hardcore collectors. It's a tough scenario for some people to understand. Why would someone pay $500 an ounce? When they could pay $40 an oz and get much more silver? Just to be clear this is collectable vintage silver pricing.
I wish I had a definitive answer to that question. I am able to suggest a few reason why I believe this is the case. Smaller ingots in general are a lot easier to store. Large silver bar's pile up high and wide! After years of buying I have seen some collectors store 100oz bar's on industrial steal racks in secure rooms. You need rooms to store that kind of weight. Safes arn't even an option at that level. You can buy 10 - 10oz tier 1 legacy ingots for $1,000 a piece and keep them in your sock draw. On the other hand 10 - 100oz bar's would require closet space.
Another suggestion as to why collectors gravitate towards the smaller ingots is the attention to detail. Majority of the time the smaller ingots tend to be more appealing to the eye when they are stamped with hallmarks, serial numbers, purity stamps, and weight. There is not a lot of free space like largee ingots tend to have. Resulting in the smaller ingots looking a lot busier. Just more action for the eyes. The smaller ingots tend to show more attractive cooling lines/rings as well.
Those are just some of the thoughts that come to mind when I compare the small vs large ingot. My personal opinion! I am a collector of smaller ingots. Generally 1Kg and under. Instead of talking about it. I guess the next best thing to do would be to show you what a small ingot can bring to the table. See the photos below ...
👆 Engelhard Canadian 4oz Silver Ingot. Mid hallmark variation. Estimated mintage of less than 100. This is a true tier 1 legacy ingot. The ONLY Canadian 4oz I have ever seen. You will notice how compact and busy this ingot is. With all the stamping including a 6 digit serial number. There is ALOT of detail on this piece. Strong cooling lines on the face of the ingot. It is also a unique trapazoid shape as you can see in picture #3. In my opinion these smaller ingots are similar to art work. Each piece has its own feel and presentation. Beauty is all in the eyes of the beholder. This 4oz Engelhard ingot comes along with a price tag of around $3,000.
I hope this article offers a unique perspective that is not often considered in the mind of a "silver stacker". There are always several different ways to look at a situation. I am not saying my way is right. It is only a different perspective that might be enjoyed by other enthusiasts. ✌
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