Quote:
Seems as though I read the value if one were to take an Silver American Eagle dollar would be spot price plus $1 and for a CML it would be spot plus $3. Is this correct?
If you know of someone selling Eagles for $1 over spot message me and I will take them all.
Wholesalers pay $2 over spot direct from the mint. They then mark them up and sell them to the local dealers in the area. The local dealers then mark them up so that they can make a buck.
The local wholesaler for our area is a member of our coin club and sells them to members for $3 over spot 1 or 100.
Check any of the online bullion dealers. I'm sure most if not all of them buy at $2 over spot and see what they will sell them to you for.