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The great coin melts effect on coin totals.
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<p>[QUOTE="ctrl, post: 1368390, member: 13378"]Sorry, I must be dense, I'm still not understanding how they make more money that way. They buy bullion for the price of silver, pay a melting cost, and then sell bullion at the price of silver. Are mark-ups for .999 silver bars/rounds over 90% silver coins enough to pay for the melting & associated costs? </p><p><br /></p><p>How is it preferrable to buy, melt and sell versus just buying at wholesale and selling at retail?[/QUOTE]</p><p><br /></p>
[QUOTE="ctrl, post: 1368390, member: 13378"]Sorry, I must be dense, I'm still not understanding how they make more money that way. They buy bullion for the price of silver, pay a melting cost, and then sell bullion at the price of silver. Are mark-ups for .999 silver bars/rounds over 90% silver coins enough to pay for the melting & associated costs? How is it preferrable to buy, melt and sell versus just buying at wholesale and selling at retail?[/QUOTE]
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The great coin melts effect on coin totals.
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