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<p>[QUOTE=&quot;-jeffB, post: 26060803, member: 27832&quot;]For that volume, I&#039;d consider one of the big online brokers (Kitco, Apmex, JM Bullion). Once upon a time they&#039;d all show their buy prices online, but JM and Apmex say &quot;call us&quot;.</p><p><br /></p><p>Kitco shows a price by the troy ounce or gram (presumably coin weight, not actual silver weight); if I&#039;m doing my math correctly, their offer is about 10% back of current spot, <i>after</i> correcting for actual silver content. If that&#039;s not the way their offer works, they may be buying right at spot. I&#039;ve seen buy prices trend above spot and below spot at various points in the past, but I&#039;m not sure where they are today.</p><p><br /></p><p>How big was the discount your cousin got offered? I figure local dealers basically forward the stuff on to the big players, possibly after cherry-picking, so they&#039;d offer less than you&#039;d get from a direct sale. If they think your cousin isn&#039;t well-informed, they might try to get away with a lot less.[/QUOTE]</p><p><br /></p>

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