Are you the Buyer or Seller? How fast can you turn around the metal to get your investment capital back? I hear margins are thin at some places and the market place is starting to slide. I'd want close to melt if selling ( I recently sold $110 in sterling silver rings at 15% back of spot ) I understand business has overhead and is in business to turn a profit
I would jump all over it at anything under melt right now. It all depends on what you would do with it, I guess. I'm a flipper with time on my hands, I can sit on it to make a profit when the PM goes up.
Melt yesterday was $4.77 when I found one in the CoinStar machine. Buy by weight and sell by face value, it evens out the spread.