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<p>[QUOTE="Sean Parker, post: 8321462, member: 137474"]I have no idea how the other shops are doing it. I honestly don't. My experience, in my shop, is I pay 16 times face for 90% and sell for 20 times face. Most of the people who sell them to me soil their diapers screaming that I'm robbing them. Most of the people I sell them to soil their diapers screaming that I'm robbing them. I don't even mess with the dollars - $4 is NOT worth the headache. They drop mushroom clouds in their diapers over those things.</p><p><br /></p><p>No, you CANNOT buy for 8 over spot and make a profit. If it was possible, I would DEFINITELY be doing it. If I offered 8 over spot, people from around world would be bringing me wheelbarrows full of them! lol. However, I am being paid 3 over spot (for Eagles) by another shop, so they have to be getting more than that.</p><p><br /></p><p>Also true about online. Anything made out of silver is bringing an absolute fortune. Well, on eBay anyway. It's nuts. I've never been able to sell jewelry before. But I can't seem to keep any silver scrap that's not demolished. I dump it on my desk and it's like hungry hungry hippos.</p><p><br /></p><p>In case you're going to ask, I bought bullion at 90% and sold at 100% from day one. Until the recent craziness. I still do gold and platinum that way.[/QUOTE]</p><p><br /></p>
[QUOTE="Sean Parker, post: 8321462, member: 137474"]I have no idea how the other shops are doing it. I honestly don't. My experience, in my shop, is I pay 16 times face for 90% and sell for 20 times face. Most of the people who sell them to me soil their diapers screaming that I'm robbing them. Most of the people I sell them to soil their diapers screaming that I'm robbing them. I don't even mess with the dollars - $4 is NOT worth the headache. They drop mushroom clouds in their diapers over those things. No, you CANNOT buy for 8 over spot and make a profit. If it was possible, I would DEFINITELY be doing it. If I offered 8 over spot, people from around world would be bringing me wheelbarrows full of them! lol. However, I am being paid 3 over spot (for Eagles) by another shop, so they have to be getting more than that. Also true about online. Anything made out of silver is bringing an absolute fortune. Well, on eBay anyway. It's nuts. I've never been able to sell jewelry before. But I can't seem to keep any silver scrap that's not demolished. I dump it on my desk and it's like hungry hungry hippos. In case you're going to ask, I bought bullion at 90% and sold at 100% from day one. Until the recent craziness. I still do gold and platinum that way.[/QUOTE]
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