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Silver Question

Betta285Betta285 Posts: 733
in U.S. Coin Forum
What percent of spot do dealers usually buy silver at?

jim

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    RampageRampage Posts: 9,689 ✭✭✭✭✭
    For the most part, every dealer is different.

    The dealer I used to deal with down south would buy silver for $0.25 under spot and sell it for $0.25 over spot.

    The dealer here in town buys at $1.00 below spot and sells for $1.00 above spot.

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