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<p>[QUOTE=&quot;afantiques, post: 1985721, member: 71234&quot;]<i>I can of course buy junk coins from a dealer and pay his 20% VAT and 15% over spot on his sale.</i></p><p><br /></p><p>You&#039;d be daft to do so. Plenty of dealers at coin fairs are not VAT registered, and will move on junk they don&#039;t want for metal value to free up the cash for more profitable purchases.</p><p>I sell my junk silver for spot if I can get it or 97% of spot to my bullion dealer. I buy by weight at auctions and deduct the buyer&#039;s premium from my bid. If it does not come in at a price that&#039;ll give me a tiny profit I move on. It&#039;s a terrible deal for the seller, but it&#039;s out there to buy.Usually someone has died and widow or executors don&#039;t know any better.</p><p><br /></p><p><i>I couldn&#039;t go buy rolls from a bank in the hope that an old florin might have snuck in.</i></p><p><br /></p><p>The British don&#039;t roll coins, they bag them, and back in the 60&#039;s I was buying, sorting and returning bags of change with the rest of them. Nowadays the source of bulk&nbsp; material is specialist auctions like Warwick &amp; Warwick.[/QUOTE]</p><p><br /></p>

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