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<p>[QUOTE=&quot;cficraig, post: 1678956, member: 42186&quot;]I need a little guidance here. I just went to my lcs and priced one 90% silver washington quarter. The price they gave me was $5.89. I intended to buy $50 face and that was not enough to get any slight break on the price.&nbsp; Fine.</p><p><br /></p><p>A washington quarter weighs about 6.25 grams, 90% of that is 5.625 grams of silver. There are 31.1 grams in a troy ounce, and with my math I would need 5.53 washington quarters to equal one troy ounce of silver.&nbsp; (31.1/5.625)&nbsp; 5.53 washington quarters at their store would be $32.57. Spot is about $28 so that ounce of silver is approximately $4.57 over spot or about 16%.</p><p><br /></p><p>Where did I go wrong in my math?</p><p><br /></p><p>Interestingly enough I then asked for the price of a silver eagle... $4 over spot. I asked how much over spot if I bought 40 and she quickly almost laughed and said no break for that small of purchase.&nbsp; The price she quoted me 3 weeks ago for 20 silver eagles was $3.50 over spot.</p><p><br /></p><p>I need help with my math and perhaps to see what others are paying locally for the same coins.&nbsp; Thank you all in advance.[/QUOTE]</p><p><br /></p>

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