Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Inherited: 50 lbs worth of silver coinage / Suggestions on where to start?
>
Reply to Thread
Message:
<p>[QUOTE="cdcda, post: 52890, member: 941"]The discount is there for a number of reasons...</p><p><br /></p><p>1. In most cases the individual purchasing the silver is a "middle-man." He/she is purchasing the silver from consumers at X dollars and selling it to another outfit for X+Y percent. A portion of the discount serves to ensure his profit.</p><p><br /></p><p>2. A portion of the discount is a function of supply and demand. When silver rushes occur on large percentage increases in the spot price of silver, dealers can often be flooded with individuals looking to sell. As a result, the buy price actually gets driven down even though demand for silver is high.</p><p><br /></p><p>3. A portion of the discount reflects smelting, shipping and other overhead.</p><p><br /></p><p>4. A portion of the discount is based on volume. Often dealers will pay higher amounts for larger volumes.[/QUOTE]</p><p><br /></p>
[QUOTE="cdcda, post: 52890, member: 941"]The discount is there for a number of reasons... 1. In most cases the individual purchasing the silver is a "middle-man." He/she is purchasing the silver from consumers at X dollars and selling it to another outfit for X+Y percent. A portion of the discount serves to ensure his profit. 2. A portion of the discount is a function of supply and demand. When silver rushes occur on large percentage increases in the spot price of silver, dealers can often be flooded with individuals looking to sell. As a result, the buy price actually gets driven down even though demand for silver is high. 3. A portion of the discount reflects smelting, shipping and other overhead. 4. A portion of the discount is based on volume. Often dealers will pay higher amounts for larger volumes.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Inherited: 50 lbs worth of silver coinage / Suggestions on where to start?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...