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#11

07-10-2021, 08:49 PM

vintagetoppsguy vintagetoppsguy is offline

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Quote:

Originally Posted by Peter_Spaeth

Does the spot price exist anywhere such that you can actually buy at it? In gold for example people are always advertising best price only x dollars above spot. Makes me want to buy at spot.

I'm going to say no. Even if you could find a private seller, you would probably still pay over spot. And that's because the bullion dealers are buying over spot.

A little over a year ago, the situation was different. Many online dealers offered specials like "buy 10 ounces at spot" but those deals were limited to like 1 per household (address). But today, you won't find anything at spot.

And the price I paid today ($31/oz) is for generic silver. American silver eagles are selling for like $10 over spot.

Last edited by vintagetoppsguy; 07-10-2021 at 08:53 PM. Reason: Spelling

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