What are dealers paying for 90% silver?

KISHU1

Thanks in advance

Frank D

SurfinxHI

usually they are paying with a fiat currency, but sometimes they are paying with live chickens.

my guess is less than what upstate is paying, which is spot -0.60x0.715

Dug13

Last week my local shop was offering 15 to 1.

segoja

15 to 1 ...I'd never do any business with those guys. Complete rip off. Wonder what they sell it for? probably 23 to 1.

ElmerFusterpuck

I was told they were selling at 22.5x face at the coin show I went to over the past weekend, and buying at 21.5x face.

Anyone who's offering 15x now can go pound jellyfish tentacle filled sand.

BustHalfBrian

20.5 to 21 today depending on how much FV being sold. Melt is about 22.5 but premiums are very low right now so expect discounts off spot from dealers when selling.

jmlanzaf

@Dug13 said:
Last week my local shop was offering 15 to 1.

I didn't know Cougar had a shop.

mikee999

last I checked, Mr Hunt' s joint is psying
1
9.5

$500 fv or more

logger7

https://www.azcoinexchange.com/BuyList.htm

Walkerguy21D

@jmlanzaf said:

@Dug13 said:
Last week my local shop was offering 15 to 1.

I didn't know Cougar had a shop.

I thought it was right next door to Davey’s Pawn and Survivalist Emporium….

I paid 19.9 x fv for a roll of walkers at a show recently, and the dealer sold out the group pronto at that price….but silver was still sub-30 then.

BuffaloIronTail

@logger7 said:
https://www.azcoinexchange.com/BuyList.htm

I don't think I've ever seen a more complete buying list by any other entity.

Pete

Typekat

I’ve known David McHenry at AZ Coin Exchange forever, and he does business with hundreds of coin dealers across the US.

Over the decades, we sold him countless boxes and bags of semi-numismatic leftovers.

You can ship him 90%, 40%, proof sets, mint sets, modern Mint products, sterling, world silver coins, circ silver dollars, silver certificates, circ large size paper, bulk foreign coins - just about anything.

He’ll figure the whole lot without fail, and get you a check out right away.