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23.5
Add 4.00 to buy at 27.50
Want to sell 1.25 under spot
The dealers make $$$$.
12% every week. That's every week.
Not 12% per year...I would take that on my money.
12% per week is pawn shop profits. Almost 600% profits to the dealers. They love price drops and increases they make huge profits no matter the price.
 
23.5
Add 4.00 to buy at 27.50
Want to sell 1.25 under spot
The dealers make $$$$.
12% every week. That's every week.
Not 12% per year...I would take that on my money.
12% per week is pawn shop profits. Almost 600% profits to the dealers. They love price drops and increases they make huge profits no matter the price.
You are assuming that dealer pays spot to mints. They are paying above spot. There is a real price disconnect between spot/paper and physical silver price.
 
I don't know if anyone else already posted this image, but I'll post it here. Great for sharing with friends and family who don't get it.
minimum wage sound money junk silver.jpg
 
Are there any advantages or disadvantages to buying coins over bullion and vice versa? Sorry if this has been discussed in this thread already.. It's pretty long. And best place in Atlanta area to buy? Thanks.
 
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