What are dealers paying for 90% silver?
KISHU1
Posts: 2,118 ✭✭✭
Thanks in advance
Frank D
0
Comments
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
Last week my local shop was offering 15 to 1.
Wall of HONOR transaction list:WonderCoin, CoinFlip, Masscrew, Travintiques, lordmarcovan, Jinx86, Gerard, ElKevvo
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.
Ike Specialist
Finest Toned Ike I've Ever Seen, been looking since 1986
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.
10-4,
My Instagram picturesErik
My registry sets
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.
I didn't know Cougar had a shop.
last I checked, Mr Hunt' s joint is psying
1
9.5
$500 fv or more
https://www.azcoinexchange.com/BuyList.htm
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.
I don't think I've ever seen a more complete buying list by any other entity.
Pete
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.
30+ years coin shop experience (ret.) Coins, bullion, currency, scrap & interesting folks. Loved every minute!