I have been looking at this place http://midwestrefineries.com/ and wanted to know if i could do better? I also have some modern silver proof sets that i would hate to break open for melt but 90% seems better then what i can get for some on ebay with the fee's and all.
Are there any dealers in your area? I get a few more percent, on average, from a local dealer where I live. I see him at local shows so travel costs are next to nothing. This site http://www.coinflation.com/coins/silver_coin_calculator.html calculates silver melt value for you and gives a bid/ask spread.
Sometimes, but that is assuming that you can find another collector who just happens to want what you have to sell at the price you are asking. That's why dealers exist. Because it's a lot easier to say I'll sell it to another collector than it is to actually do it. The dealers are always there - the collectors aren't.
The lines are becoming fuzzy between dealers and collectors since the internet, Ebay and forum classifieds ads, imho. Some times, I can't tell the difference.
Sometimes they can't tell the difference either. But to me, a dealer is somebody who makes their living buying and selling coins. Anybody else is just a collector who happens to sell coins now n then.
Ouch. The last time I sold silver, about two months ago, I got 12x face, and spot was around $18.50 then, less than it is today. I should mention that the dealer I sell to doesn't have a shop (he just does shows), so no B&M overhead.
good how about making sure hrh doesnt sink with the castle. are you feeling the pinch yet or shall we wait a few more years before we start our TPG?
Market Harmony pays 95% of spot on most silver. http://marketharmony.net/uploads/Refining_and_Production_Fees.pdf When I unloaded my junk silver coins (there was alot) , I shopped around for the best rate. The owner Mike, is an upfront and honest guy. Highly recommend them. http://marketharmony.net/
Is there a minimum amount you have to send in? And does anyone know if there are any taxes involved when sending metals to a refinery?