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Whats The Best Price To Buy Silver At?

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Valued Member
phankins11's Avatar
United States
355 Posts
 Posted 02/28/2012  2:35 pm  Show Profile   Bookmark this reply Add phankins11 to your friends list Get a Link to this Reply
Guys, thanks for all the responses. My biggest problem is that so far I've found 2 valid coin dealers around my area, neither of them are opened at times that I can go. I live about 40 minutes away from Silver Towne, so that is an option, but they seem so expensive to me. I do have a gift card that I need to use there so maybe that's what I'll do here to satisfy my silver tooth for right now.

So on a different note, do any of you silver investors use any other silver investment forums or do you stick completely to this one?
Valued Member
chris beatie's Avatar
344 Posts
 Posted 02/28/2012  3:20 pm  Show Profile   Bookmark this reply Add chris beatie to your friends list Get a Link to this Reply
The best price to buy at is 1 cent a oz ;D
Valued Member
ContraJame's Avatar
United States
292 Posts
 Posted 02/28/2012  4:04 pm  Show Profile   Bookmark this reply Add ContraJame to your friends list Get a Link to this Reply
I have a RSS feed set up for craiglist with silver coins as one of my keywords. Who I'm assuming are local lower end dealers pay anywhere from 20-23X face for junk silver. One of them is a buddy of mine and based on his turnover of junk silver I know people sell to him pretty often.

If I were you I'd track CL for a couple weeks to see what your local buyers are offering. If it's under or at spot (which it usually is if they're trying to buy and flip for profit) you can offer a little more and get some good deals.
Pillar of the Community
Ed_B's Avatar
United States
4008 Posts
 Posted 02/28/2012  4:50 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply

Quote:
The best price to buy at is 1 cent a oz ;D

Lol, good one! How about 1 cent per ton?
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