I had way too many gold coins and silver eagles, so I went sold to my LCS. Got a little over five thousand. Then My daughter sold them 3 boxes of girl scout cookies. Together we hit them up good, then to be obnoxious we went to to Wendys and I pulled out my gangster wad to buy my daughter a junior frosty.
I sold some gold coins that generally have very little premium for 98% spot. They wholesale it for 99%. I could bypass them and go right to the wholesaler, but i would have to ship it or skip work and drive to Chicago. I let my lcs make a little money and they in return give me good deals on numismatic items.
So, is this our sign that PMs will be spiking on Monday? I mean, that's what usually happens when I sell...
98% is very good compared to some of those ripoff jewelry stores giving 50%. Lucky to get that much at a LCS, sounds like a fair honest guy, he needs to get profit but does not rip people off. Also, I love the photo of the stack of cash