I have had good luck buying junk & world silver coins on ebay. 90% sucks on there, 80% canadian silver is alright, and 40% and 35% american are typically within 5-10% the premium you would get paying with bank wire at any dealer website. Fine silver isn't good like 10 oz bar for $4 over spot right now.
Higher premium over what you can find on monument metals, APMEX
, but no shipping minimums + paying with credit card.
Also if you have ebay credit card you get 3x, if you qualify 5x points per dollar spent at ebay, 1500 points = $10 so if you buy $300 of silver for $24 per ounce (lets say $20 silver spot) so 12.5 ounces of silver then you are effectively buying at $290 so $23.2 per ounce or around 3.2 over spot which isn't terrible.
Ebay prices doesn't really affect spot, but I am pretty sure they affect junk & world silver prices at least to some degree.
P.S. Does any retail even really affect spot price that much at all?
Edited by TakenByForce
08/03/2022 10:05 pm