Another Silver scammer?

Discussion in 'Coin Chat' started by cesariojpn, Mar 16, 2008.

  1. cesariojpn

    cesariojpn Coin Hoarder

    saw this in the local free ads. Right around where silver would've gone for $13 melt.
     

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    cesariojpn, Mar 16, 2008
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  3. CoinGal07

    CoinGal07 Still Collecting

    10x seems a little low but not scamming. Most dealers are paying 13x right now for smaller quantities when melt is 15x.
     
    CoinGal07, Mar 16, 2008
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  4. AdamL

    AdamL Well-Known Member

    10x actually isn't suprising to me at all. Its a business, they gotta turn a profit. 10x seems a bit much of a profit, but not really that outrageous.
     
    AdamL, Mar 16, 2008
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  5. risk_reward

    risk_reward Active Member

    Seems higher than what you would have gotten from the average dealer when the price was at $13.
     
    risk_reward, Mar 16, 2008
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  6. Oldman

    Oldman New Member

    I dont think the guy is scamming , he is doing all the work and need to make a profit. It cost money to make money.
     
    Oldman, Mar 17, 2008
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  7. gatzdon

    gatzdon Numismatist

    I know of dealers that still pay less than that.
     
    gatzdon, Mar 17, 2008
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