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<p>[QUOTE="Sallent, post: 2909751, member: 76194"]Monarch Precious Metals will pay 98% of spot price on any .999 bars that are not theirs, and 100% if you take store credit towards any of their products. I believe PG&M will also pay about the same.</p><p><br /></p><p>Just saying, you dont jave to get ripped off by a coin shop. You can send silver to refiners like Prospectors, MPM, OPM, etc. and get a check for almost spot price... which is what the coin shop owner does after he gets done buying the bar from you at 75% of spot price. So cut out the middleman and do it yourself.</p><p><br /></p><p>Some of them will even buy your sterling silver, and some will even refine your old silver jewelry and send you pure 999 bars back in exchange for a 5% cut of however many ounces of pure silver they get from your pile of sterling silver.</p><p><br /></p><p>There is no reason to sell to a coin shop these days, unless you just need the money today and cant wait 7 days for a check.[/QUOTE]</p><p><br /></p>
[QUOTE="Sallent, post: 2909751, member: 76194"]Monarch Precious Metals will pay 98% of spot price on any .999 bars that are not theirs, and 100% if you take store credit towards any of their products. I believe PG&M will also pay about the same. Just saying, you dont jave to get ripped off by a coin shop. You can send silver to refiners like Prospectors, MPM, OPM, etc. and get a check for almost spot price... which is what the coin shop owner does after he gets done buying the bar from you at 75% of spot price. So cut out the middleman and do it yourself. Some of them will even buy your sterling silver, and some will even refine your old silver jewelry and send you pure 999 bars back in exchange for a 5% cut of however many ounces of pure silver they get from your pile of sterling silver. There is no reason to sell to a coin shop these days, unless you just need the money today and cant wait 7 days for a check.[/QUOTE]
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