Message:

<p>[QUOTE=&quot;ddddd, post: 2892558, member: 22377&quot;]Assuming that the dealer has the clientele for a graded common coin at $150 over spot, then sure there is little need to do the deal. However, with the market as it is now, many dealers just have these coins sitting and not moving. There is a healthy market though for stackers that are looking for gold and silver as close to melt as possible. One of my local stores says they have graded material just sitting but the raw stuff close to spot has buyers. In those cases, doing the deal makes perfect sense: the dealer gets the $150 in premium and then has a coin they can market to the bullion crowd at a much smaller markup over spot.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in