The 2024 BYB bar is an error bar!!??!!
The brand new, 2024, 1oz @backyard bullion, "BYB" bar has officially landed.... After what feels like a blink of an eye, the next bar in the series has been meticulously(ill touch on this later) hand-poured and stamped by the now world famous backyardbullion.
As his brand grows from strength to strength, backyardbullion still manages to give a personal touch and keep his loyal followers happy with his down to earth approach to pouring and stacking silver.
The 2024 bar follows on from its predecessors. The design has been kept simple, but the branding is front and foremost. Ive managed to secure my number 11 with matching CoA.
What sets BYB apart from other hand pourers is the fact that every piece of his artwork has been sent to the Edinburgh assey office to be hallmarked and laser engraved with with own stamp and year of making.
I mentioned it earlier, and this may be the first time ive ever heard of this from BYB, but can you spot the "error" on my most recent bar??
Having had a chat with him earlier, he confirmed that there are only 19 so called "error" bars out there, numbers 1 - 19 where by mistake, he stamped /200 and not the limited mintage of just 100.... He was hoping thay no one would really have noticed, but with my keen eye for detail(hahahhahaha) i actually spotted it instantly. He tried to correct his mistake by over stamping the number 1, but i can still make out the 2 of 200 underneath.
I dont know if this will add or detract value to this series. But all i know is that its irrelevant as ill never sell...
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Spotted that right of way.
What's the cost of these?
Would they have resale value at spot later in life?
When it comes to handpoured stuff I'm unsure
These were very expensive.... ok, what i mean by that is, expensive premiums over the spot price. I paid £41 for this years BYB bar(inc p&p).
Backyardbullion stuff does have resale value, and id say his stuff does sell for more than spit price. Youve got his name/reputation as a factor, youve got the collectors value and youve got the assey reasurance value. Would I get my money back, NO CHANCE!!I may do, if spot price continues to climb, there will be a point where the premiums will recoup the price i paid, but thata a long way off yet.
For me, the reason i buy them is Purley a self-indulgence. Theyre my little guilty pleasure and i love them. I have a box full of community poured silver that ive over paid for, but you cant really put a price of the value i give to the community. So for me its well worth it, for others maybe not.
Makes sense.
I'm just trying to find ways to build on my stack
Need 2 more 1oz coins before Xmas to meet this year's target
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