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<p>[QUOTE="SilverSurfer, post: 795313, member: 21603"]Duke, the market isn't influenced by me, a small fry in the game. It's influence by big money, investment bankers and such. There is a sell and a bid price. They are never the same thing. Sometimes the gap between the sell and bid is small when the market is really moving. Other times the gap is huge. So, 90% of spot on a tight day during a bull run might be a bad deal. While the same 90% of spot on a huge gap day when the trading is light and the market is in a bear run might be a darn fine deal. </p><p><br /></p><p>My point on the not selling for less than spot is that, you can always shop around. Why sell your silver or gold to some dufus that wants to give you 60% of spot, when you can go down the block and find someone willing to offer 80% spot? Heck, keep searching and you might find some dumb pawn shop that doesn't keep track of bullion prices daily and they might offer you 90% of spot right after the market dropped 6% that day. </p><p><br /></p><p>But regardless, this is the seasonality time when gold and silver usually go up. You'd probably get a better price in late April or early May right before the summer doldrums hit. So, why sell now for a price that isn't agreeable to you?</p><p><br /></p><p>I will agree though that you probably won't get spot for 90% junk silver. But, it is up to the individual to do the research to find out if the gap between sell and bid is tight or large, and if the market is going up or down. These things can change daily. But, seeing as we are in a long term bull run, why sell now for less than what you want or think you should get? It just doesn't make sense to do so.</p><p><br /></p><p>And like you can shop around and find a dealer offering what you want, the store dealer doesn't have that option. All he can do is sit there and wait for a sucker to come along and sell for less than what he should be getting. So, be diligent.[/QUOTE]</p><p><br /></p>
[QUOTE="SilverSurfer, post: 795313, member: 21603"]Duke, the market isn't influenced by me, a small fry in the game. It's influence by big money, investment bankers and such. There is a sell and a bid price. They are never the same thing. Sometimes the gap between the sell and bid is small when the market is really moving. Other times the gap is huge. So, 90% of spot on a tight day during a bull run might be a bad deal. While the same 90% of spot on a huge gap day when the trading is light and the market is in a bear run might be a darn fine deal. My point on the not selling for less than spot is that, you can always shop around. Why sell your silver or gold to some dufus that wants to give you 60% of spot, when you can go down the block and find someone willing to offer 80% spot? Heck, keep searching and you might find some dumb pawn shop that doesn't keep track of bullion prices daily and they might offer you 90% of spot right after the market dropped 6% that day. But regardless, this is the seasonality time when gold and silver usually go up. You'd probably get a better price in late April or early May right before the summer doldrums hit. So, why sell now for a price that isn't agreeable to you? I will agree though that you probably won't get spot for 90% junk silver. But, it is up to the individual to do the research to find out if the gap between sell and bid is tight or large, and if the market is going up or down. These things can change daily. But, seeing as we are in a long term bull run, why sell now for less than what you want or think you should get? It just doesn't make sense to do so. And like you can shop around and find a dealer offering what you want, the store dealer doesn't have that option. All he can do is sit there and wait for a sucker to come along and sell for less than what he should be getting. So, be diligent.[/QUOTE]
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Dealer "buy price" for junk silver coins?
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