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<p>[QUOTE=&quot;-jeffB, post: 2062295, member: 27832&quot;]That seems like an incredibly artificial way to apportion costs. Heck, if you&#039;re going to figure them that way, what&#039;s your expense in time and vehicle costs to ferry those four quarters off to your LCS?</p><p><br /></p><p>Hypothetically, if I sold and shipped to Provident a package of silver, I&#039;d sell $1000 worth of silver -- 56 ozt, a bit under 4 pounds, easily fit into a small fixed-rate box. I&#039;m guessing the shipping will still be around $20, a 2% haircut. But they&#039;re currently offering 4.5% over Coinflation spot for 90%, so I&#039;m still 2.5% ahead of melt.</p><p><br /></p><p>I&#039;ll be going to the local show this weekend, where there will be several dealers competing to buy, guaranteeing favorable rates. Despite that competition, if past experience is any guide, the best offers will be a bit under Coinflation spot. Even discounting my time and gas (I attend shows for entertainment), I&#039;m not doing as well as selling (and shipping) to Provident.</p><p><br /></p><p>And if I sold on eBay, I <i>might</i> find the right pair of bidiots to bid it up to 15-20% above spot, gaining me a favorable net after eBay/PayPal/shipping fees -- but that&#039;s a mighty big might.[/QUOTE]</p><p><br /></p>

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