Dealer fair melt price?

You're looking in the rear-view mirror. I could walk into either of two coin shops in my area and get more than melt for ASEs, but I have no intention of selling. A few years ago, I couldn't. This will happen with "junk silver" too in time when it becomes more obvious that the spot price which is based on the futures market paper silver price doesn't reflect what it takes to get delivery of bullion. Silver has been underpriced and underappreciated for a pretty long time. Sellers haven't received fair value from dealers. There isn't anything wrong with this. Dealers have just been on the strong side of the trade. I know you disagree. I just want others who read this to get the opposing view and not underprice their "junk silver" in a sale if they can afford to do a little work or afford to wait.

 

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This is sad. I '' Googled'' at least five different sites for the conversion of grams to ounces. They all had different numbers for this. This made the silver melt value change for a walking liberty from $5.86 to $6.38. Now I can see the confusion that exists. God bless dealers who have the wherewithall to understand this mess. More to follow. zeke.

 

Agreed. But the title of the thread is "Dealer Fair Melt Price," and with that in mind I stand by what I wrote. Right now the market price is typically below fair value.

 

Let's just say this. Dealers have to make a profit. This is a given. One dealers sources vary from any other dealers sources. Therefore, one dealer's fair price varies from any other dealer's fair price.
This is all common sense. So after all the above it works out to be: find the best fair price that fits your budget. What's unfair is price gouging on selling and price way below spot when buying.
Since there is no standard we're back to scratch except there are standards set for ethical practice set by the numismatic groups.
I hope this was an interesting topic for all. It certainly was for me. It once again proved that I am among the nicest, most knowledgable, most experienced people anywhere. THANKS zeke

 

Does anyone have any experience selling 40% halves? How much below spot/multiplier should I expect if I sell?

Also will the dealer (in general) give a higher multiplier for credit/trade instead of cash?

 

The 'spot' price is for 1000 ounce bars in US dollars. Anything less that is not collectible has to be refined and that costs money. Just the same as the 1000 ounce bars made into coins and collectibles cost money to make.