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<p>[QUOTE="aubade21, post: 1723003, member: 44104"]I don't think it's a whole lot different at coin shops. For example, I called a local coin shop last week and asked what their current price for junk silver, he told me 19.5x face. When he could tell I was disappointed, he said something to the effect that, "Most of my inventory came when silver was up and I can't lose money on these coins," then later "just because a computer tells me that silver price is down, doesn't mean I have to sell it at that." While I fully agreed that he is under no obligation to sell junk silver at the going rate, I also let him know that I can't afford to overpay for those items either. Before getting off the phone I then, sort of jokingly, asked what he was BUYING at since that silly computer didn't matter. He laughed, knowing what I was doing, and quoted me a number from a website. Anyway, I don't blame him. Maybe in a few months, when he builds up an inventory of his current buy rates, I'll go back and ask again.[/QUOTE]</p><p><br /></p>
[QUOTE="aubade21, post: 1723003, member: 44104"]I don't think it's a whole lot different at coin shops. For example, I called a local coin shop last week and asked what their current price for junk silver, he told me 19.5x face. When he could tell I was disappointed, he said something to the effect that, "Most of my inventory came when silver was up and I can't lose money on these coins," then later "just because a computer tells me that silver price is down, doesn't mean I have to sell it at that." While I fully agreed that he is under no obligation to sell junk silver at the going rate, I also let him know that I can't afford to overpay for those items either. Before getting off the phone I then, sort of jokingly, asked what he was BUYING at since that silly computer didn't matter. He laughed, knowing what I was doing, and quoted me a number from a website. Anyway, I don't blame him. Maybe in a few months, when he builds up an inventory of his current buy rates, I'll go back and ask again.[/QUOTE]
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