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<p>[QUOTE="isaiah58, post: 1982953, member: 29459"]10 cents over spot? Come on man. Then what do they pay, how much below spot? Do the math, that's selling them at $13.60 for $13.50 average melt value per dollars worth at current market value.</p><p> </p><p>The best I can remember in recent history was 30 cents over melt (they paid melt value to get them), but now it is hard to find better than 10% over at the lowest price dealers due to supply and demand. That's right, you can buy regular bullion at a lower premium than 90% coins.</p><p> </p><p>I am saying that dealers are not stupid. For example, I can sell all the halves I can find for $8 each all day long at any local flea market, heck the regular sellers there will pay that much for them. So why would any dealer sell them to me for $7 each at the current market valuation? I could also list them for $9.99 including shipping on eBay and sell every one of them, some will be bid up higher. Less all my costs I'd still make over $8 each.[/QUOTE]</p><p><br /></p>
[QUOTE="isaiah58, post: 1982953, member: 29459"]10 cents over spot? Come on man. Then what do they pay, how much below spot? Do the math, that's selling them at $13.60 for $13.50 average melt value per dollars worth at current market value. The best I can remember in recent history was 30 cents over melt (they paid melt value to get them), but now it is hard to find better than 10% over at the lowest price dealers due to supply and demand. That's right, you can buy regular bullion at a lower premium than 90% coins. I am saying that dealers are not stupid. For example, I can sell all the halves I can find for $8 each all day long at any local flea market, heck the regular sellers there will pay that much for them. So why would any dealer sell them to me for $7 each at the current market valuation? I could also list them for $9.99 including shipping on eBay and sell every one of them, some will be bid up higher. Less all my costs I'd still make over $8 each.[/QUOTE]
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