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<p>[QUOTE=&quot;SilverSurfer, post: 962604, member: 21603&quot;]I was in a coin shop a few weeks ago and this gentlemen comes in.&nbsp; He has a few ounces of .999 silver bars that he says he wants to get rid of.&nbsp; The dealer offers him about 90% spot for the bars.&nbsp; Then he turns around and asks for junk silver quarters.&nbsp; The dealer offers him 90% silver quarters for $3.70 a pop.&nbsp; This guy spends all he has just got from the bars on the quarters.&nbsp; Then he pulls out some gold shavings in a bottle, and asks what he get for that.&nbsp; &quot;Nothing,&quot; replies the dealer.&nbsp; &quot;I have no way of knowing if that is gold of just gold paint.&quot;&nbsp; When asked the customer replies that he wants the junk quarters because he&#039;s heard that the other bullion is hard to get rid of.</p><p><br /></p><p>A few lessons from this customer.&nbsp; The dealer had no problem accepting the .999 silver bars.&nbsp; He just looked at them, dropped them on a scale and made an offer.&nbsp; He never once questioned the authenticity of the silver bars.&nbsp; The gold shavings on the other hand, he didn&#039;t take.&nbsp; I don&#039;t know what the customer paid for the silver bars, but I&#039;m sure it was more than the 90% of spot the dealer offered him.&nbsp; Then he turns around and pays $20.45 spot price for junk silver.&nbsp; What a waste of money.</p><p><br /></p><p>One thing to consider in buying is selling.&nbsp; Silver bars aren&#039;t difficult to sell.&nbsp; Gold flakes are.&nbsp; Silver bars and junk silver sell for less than spot (80%-95%) depending.&nbsp; Bullion coins usually sell for spot for slightly more.[/QUOTE]</p><p><br /></p>

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