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Dealer Buy Back on Silver when prices are higher
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<p>[QUOTE="BooksB4Coins, post: 2494106, member: 36230"]Not that I think you've suggested otherwise, but what both are telling you is completely reasonable; both are paying prices likely determined by their individual markets. Buy backs with metals is generally different than with collectible/numismatic coins for the simple fact that prices/values are (again, generally) more volatale and dealers aren't in business to provide safety nets or guarantee returns; they can, at best, only pay what their market dictates while allowing for a modest stay-in-business profit. When prices rise it's not uncommon for people to want to sell compared to when lower, and this can often result, especially for smaller dealers/shops, in supply exceeding demand, which in turn results in slightly lower prices offered. With that said, if you're not comfortable with what's being offered, there's always the option to try to retail out on your own.[/QUOTE]</p><p><br /></p>
[QUOTE="BooksB4Coins, post: 2494106, member: 36230"]Not that I think you've suggested otherwise, but what both are telling you is completely reasonable; both are paying prices likely determined by their individual markets. Buy backs with metals is generally different than with collectible/numismatic coins for the simple fact that prices/values are (again, generally) more volatale and dealers aren't in business to provide safety nets or guarantee returns; they can, at best, only pay what their market dictates while allowing for a modest stay-in-business profit. When prices rise it's not uncommon for people to want to sell compared to when lower, and this can often result, especially for smaller dealers/shops, in supply exceeding demand, which in turn results in slightly lower prices offered. With that said, if you're not comfortable with what's being offered, there's always the option to try to retail out on your own.[/QUOTE]
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