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  #1  
Old 07-10-2021, 08:49 PM
vintagetoppsguy vintagetoppsguy is offline
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Quote:
Originally Posted by Peter_Spaeth View Post
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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  #2  
Old 07-10-2021, 09:40 PM
oldeboo oldeboo is offline
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I've dealt with a dealer that will sell generic gold and silver at spot and even at times under spot. Of course that is in person with cash and an established relationship. Let's just say he moves product incredibly fast and often has no inventory of generic because of this. Generally, the next person that walks in the door buys it. He's a retired fellow and I know that his margins are very small from speaking with him, he does it more for something to do a couple days a week. That's more of an exception to the rule though.

Typically, yes, there is a premium above spot and an extra premium for numismatic value.
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  #3  
Old 07-10-2021, 10:54 PM
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rjackson44 rjackson44 is offline
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I will take texas tommys as payment anytime🤭🤭
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  #4  
Old 07-11-2021, 04:55 AM
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Originally Posted by rjackson44 View Post
I will take texas tommys as payment anytime🤭🤭
Did you know that Texas Tommys were invented in Philly?
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  #5  
Old 07-11-2021, 05:11 AM
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Casey2296 Casey2296 is online now
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Did you know that Texas Tommys were invented in Philly?
Can you give me the history on that Lonnie?
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  #6  
Old 07-11-2021, 05:32 AM
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toledo_mudhen toledo_mudhen is offline
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By "Texas Tommy" - I assume that you are talking about the world renowned delicacy that is a Bacon Wrapped - Cheese Stuffed Hot Dog - Yes?

https://www.tasteatlas.com/texas-tommy

and it appears that I was incorrect about Philly as Wikipedia says Pottstown, PA

https://en.wikipedia.org/wiki/Texas_Tommy_(food)
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  #7  
Old 07-11-2021, 08:04 AM
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Casey2296 Casey2296 is online now
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Quote:
Originally Posted by toledo_mudhen View Post
By "Texas Tommy" - I assume that you are talking about the world renowned delicacy that is a Bacon Wrapped - Cheese Stuffed Hot Dog - Yes?

https://www.tasteatlas.com/texas-tommy

and it appears that I was incorrect about Philly as Wikipedia says Pottstown, PA

https://en.wikipedia.org/wiki/Texas_Tommy_(food)
Ah, I was thinking baseball card but that sure looks tasty!
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  #8  
Old 07-11-2021, 10:34 AM
MikeGarcia MikeGarcia is offline
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Quote:
Originally Posted by toledo_mudhen View Post
By "Texas Tommy" - I assume that you are talking about the world renowned delicacy that is a Bacon Wrapped - Cheese Stuffed Hot Dog - Yes?

https://www.tasteatlas.com/texas-tommy

and it appears that I was incorrect about Philly as Wikipedia says Pottstown, PA

https://en.wikipedia.org/wiki/Texas_Tommy_(food)


..In cardiology , those are referred to as "the rainmaker:.....

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