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<p>[QUOTE="myownprivy, post: 3954171, member: 84588"]Yes, when he sold it at $7,700 that was a decent price. Spot was $17. </p><p><br /></p><p>However, today, you wrote "I think he'd do well to sell at $7,700" You wrote that he would do well selling at $7,700. That tense says he would do well now to sell at $7,700. However, silver is now just shy of $17.50. So he would NOT do well to sell for that low price.</p><p><br /></p><p>However, I'm thinking when you wrote that you didn't see that spot had gone up almost 50 cents? Or maybe you got your tense wrong in your post?</p><p><br /></p><p>In regard to your follow up post, I agree that when he sold at $7700 it was a fair price, because spot was about $17 then.</p><p><br /></p><p>However, in regard to your other question "Where did you expect him to get spot for his bullion? Tell me so I can there." </p><p>As I wrote earlier, he should get above spot for all of his government issued bullion. JmBullion, Apmex, and all of my local coin shops always pay above spot for Eagles, Maples, Perth stuff, etc. Only his generic rounds/bars should be bought back at under spot. And it really depends on the dealer what you should get for junk. My shops buy them for just shy of spot.[/QUOTE]</p><p><br /></p>
[QUOTE="myownprivy, post: 3954171, member: 84588"]Yes, when he sold it at $7,700 that was a decent price. Spot was $17. However, today, you wrote "I think he'd do well to sell at $7,700" You wrote that he would do well selling at $7,700. That tense says he would do well now to sell at $7,700. However, silver is now just shy of $17.50. So he would NOT do well to sell for that low price. However, I'm thinking when you wrote that you didn't see that spot had gone up almost 50 cents? Or maybe you got your tense wrong in your post? In regard to your follow up post, I agree that when he sold at $7700 it was a fair price, because spot was about $17 then. However, in regard to your other question "Where did you expect him to get spot for his bullion? Tell me so I can there." As I wrote earlier, he should get above spot for all of his government issued bullion. JmBullion, Apmex, and all of my local coin shops always pay above spot for Eagles, Maples, Perth stuff, etc. Only his generic rounds/bars should be bought back at under spot. And it really depends on the dealer what you should get for junk. My shops buy them for just shy of spot.[/QUOTE]
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