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<p>[QUOTE=&quot;isaiah58, post: 1130972, member: 29459&quot;]PayPal charges the seller a fee. If you check any major online bullion dealer, they clearly state that their prices are for cash transactions. If you pay by credit, they have a higher premium. If you pay by check, they hold your shipment. Now, if you find a dealer that is already charging a high premium, then maybe they accept credit card payments without charging more. </p><p><br /></p><p>Either way, the buyer pays for the premium</p><p><br /></p><p>My proof, check eBay. Buyers of silver pay about $4 - $5 an ounce average over what they can buy the same items for local to them. I can buy a a ounce round for about $36, so a little over $38 after tax. But on eBay I can buy the same round for $42. The seller nets about $36.50 after their costs. The buyer pays the fees/costs.</p><p><br /></p><p>If I buy $1,000 ore more in PM I do not have to pay tax, a greater savings. I can walk out of my LCS today with 30 ounces for $1,080. Online I will pay at least $1,200 but most likely about $1,260. The seller will net about $1,100. </p><p><br /></p><p>SO, I&#039;d prefer to pay a $35 wire transfer fee and find a dealer at $1 over spot than pay someone $6 over (give or take after shipping costs). Makes perfect sense if you actually follow the money....[/QUOTE]</p><p><br /></p>

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