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Silvers Bars Approximate Buy Price

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woodcr's Avatar
United States
403 Posts
 Posted Today  1H 32M ago Show Profile   Bookmark this topic Add woodcr to your friends list Get a Link to this Message Number of Subscribers
Silver at 48.70, if I sell 10 ounce silver bars what is likely price I can get from a dealer, I have seen 70 to 95%, $2.00 or more back, what is average price dealers pay
Pillar of the Community
United States
1936 Posts
 Posted Today  29M ago  Show Profile   Bookmark this reply Add livingwater to your friends list Get a Link to this Reply
You could check local coin stores if you have any near you. JM Bullion and Bullion Exchanges show buyback prices, click "sell to us" button on their home pages. You'd need to figure shipping costs to send the bars to them, insured.

Maybe sell at a local coin show if there's one soon. Some sell privately on Facebook Market or Craig's List. Require cash and meet somewhere safe like a police branch parking lot. I personally would not do this but to each their own.

It depends on current market conditions, how much a dealer already has in stock, what they think they can sell for. Often buyback is a few percentages under spot or spot. Silver Eagles will usually get over spot.
Edited by livingwater
Today 28M ago
  Previous TopicReplies: 1 / Views: 85Next Topic  

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