How you doing guys, name is Matt. New to silver collecting, have a few questions for those who have been doing it a while. 1. My local coin/jewelry shop charges $2.50 over spot. They told me what sources they get their spot price from yet every time I check it, their spot price is always 10-15 cents higher....I know it's not a lot but what could explain difference? 2. If buying silver for investment is purpose then why not just buy rounds opposed to officially minted coins. At $24/round vs $26 or $27 for coin, the every 10 1 oz rounds you buy you can buy an extra oz with money you save by not buying a coin. 3. Is this an Aussie forum? Didn't notice AU after the com. Thanks guys
1. When looking at 'spot price' there is the price of last trade, current bid and current ask Depending which price you use spot can be a little different
