What is the best method to buy silver at the best price?
seatedcoins
Posts: 1,096 ✭
When I mean best price I mean closest to melt at that particular moment. What is the best company or is it best to buy silver "certificates."(stock whatever it is called)
Trustworthy BST sellers: cucamongacoin
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All the B&Ms I hit today, were vacant of silver and gold.
No quantity for sale, yeah one or two, I'm looking for rolls of 90% dollars.
I had no problems buying them when silver was at $16.
Scott
<< <i>First try to find someone willing to sell there 90% dollars, at 9.8x face.
All the B&Ms I hit today, were vacant of silver and gold.
No quantity for sale, yeah one or two, I'm looking for rolls of 90% dollars.
I had no problems buying them when silver was at $16.
Scott >>
Dollars always sell at a premium the silver content. The spreads are too high for a metals maven. Stick to circ 90%.
<< <i>I prefer to hold the real stuff. The best place so far has been apmex. They have 100 to 1000 face bags for close to melt. >>
Assuming that they bought it, paid for it and have it in the vault what do you suppose the have in it.
<< <i>
<< <i>I prefer to hold the real stuff. The best place so far has been apmex. They have 100 to 1000 face bags for close to melt. >>
Assuming that they bought it, paid for it and have it in the vault what do you suppose the have in it. >>
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In my experience, LARGE market-makers seldom base their willingness
to sell on cost vs. replacement-cost. They WILL, in some cases, try to
recapture price-slip-losses by lowering their buy prices a bit.
SMALL vendors will often hold back merch that they "overpaid" for.
If prices continue to fall, they simply merge what their holding with
their new buys and start the math anew.
.........
In a soaring market, even LARGE MMs take their buy-prices floorward.
In 1980, when the boards were saying $35 to $50, smart MMs were
NOT paying anywhere near those numbers. The little retail guys got
stuck with most of the high-priced stuff.........NOT the MMs.
APMEX was offering Morgan & Peace $ culls $14.89 couple days ago. Probably a better deal than
most...if they still have any...
I checked earlier at 13.21/13.26 and they were selling for $14.00. Buy a 100 they were $13
The description says XF to Uncirculated.
<< <i>Apmex has 3- 100.00 face bags of circ .50 walkers @ 10.23 x face approximately 11:55 p.m. pst >>
Not anymore .... Sell Price: $125.02