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<p>[QUOTE=&quot;medoraman, post: 1576570, member: 26302&quot;]In my experience, the best dealers have about a 5% spread. These are the guys who really move product. Where this spread lies will adjust, meaning sometimes they sell at spot, other times spot plus a percent or two. If its selling above spot, expect their pay price to be still 5% below what they are selling for, but at 3-4% below spot. </p><p><br /></p><p>That is the best in a relatively stable market. Other dealers of course have a wider spread they try to achieve, and all dealers will have wider spreads in more volatile markets, (as they should). The most active dealer around here basically has 1x face as his spread he advertises at shows, if he is selling at 24x he is buying at 23 x.</p><p><br /></p><p>The danger is those dealers who advertise high wishing to cherrypick, but if you bring in true &quot;junk&quot; silver, for some reason they won&#039;t buy it. I have unfortunately known a few of these too. They advertise high pay prices, if an uneducated person comes in with BU mercs and SL material, he adds it up, points to his board, and says that is his price and its the best in the show. So he steals from these people, but if someone with a bunch of circulated franklins comes up to sell, for some reason he &quot;just can&#039;t buy them today&quot;. Yeah, I really hate these guys..... <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie3" alt=":(" unselectable="on" unselectable="on" /></p><p><br /></p><p>Sorry if that last bit was a touch OT to you OP, but others who might read this thread should be aware of this underhanded practice.[/QUOTE]</p><p><br /></p>

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