So where exactly do you guys sell your silver?

Discussion in 'Silver' started by lshallperish, Nov 8, 2014.

  1. lshallperish

    lshallperish New Member

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    Do you guys just take it to a bullion store and dump it there or sell it one bar at a time on ebay or on this forum for that matter? I want to know so when or if silver ever reaches 50-60 bucks i'd like to sell a bit.

    Has anyone tried to sell silver and the bullion store said "sorry we dont buy back" ?
     
  2. Holdfast

    Holdfast Well-Known Member Silver Stacker

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  3. lshallperish

    lshallperish New Member

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  4. prince_of_sales

    prince_of_sales New Member

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    So you essentially pay the dealer a 10%+ premium and then sell your silver back at spot price.

    Did the dealers pay above spot for buyback when Silver was in the 30s and 40s?
     
  5. House

    House Well-Known Member Silver Stacker

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  6. lshallperish

    lshallperish New Member

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    Doubt it I think the only way you make good money is if say you purchase at 20 and sell at 40, that way any premiums of buying and selling is counted out and you are lift with profit
     
  7. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    AAHHH you see you've given away that your a flipper
    What gives you the impression you can make $
    It's meant to be more about wealth preservation

    And can you fill in your location , it makes it to hard to remember what part of the world your asking questions from
     
  8. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    Congrats to the dealer who's about to get a bit more inventory
     
  9. mmissinglink

    mmissinglink Active Member

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  10. Court Jester

    Court Jester Well-Known Member Silver Stacker

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    I buy lapdances from your mum,

    dont ask where the coins go :)
     
  11. lshallperish

    lshallperish New Member

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    im from sydney. I am not a flipper I just wanted to know how selling is done just in case one day I might decide to off load the stack to put a deposit on a house or what not
     
  12. lshallperish

    lshallperish New Member

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    Atleast I have a mum.. you HAD a mum once back in world war 1.
     
  13. lshallperish

    lshallperish New Member

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    Not selling lol wouldnt do that I just wanted to know a bit of infor about it just in case, no one knows what 10-20 years will bring.
     
  14. House

    House Well-Known Member Silver Stacker

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    $30 silver hopefully :)
     
  15. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    :rolleyes:
    Have you NOT seen the sales threads on here , you should have figured it out by now
     
  16. lshallperish

    lshallperish New Member

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    ... not 30! i cant buy my new mansion with just 30 man comon think bigger
     
  17. sammysilver

    sammysilver Well-Known Member Silver Stacker

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    There are 5 or 6 Sydney meets a month where you can sell and buy PMs.
     
  18. Naphthalene Man

    Naphthalene Man Active Member Silver Stacker

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    Sometimes selling to a dealer is preferable and more satisfying than having conversations with lowballers who want to offer spot minus 3%
     
  19. itsme_guy

    itsme_guy New Member

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    Really? How do I found out about when and where?

    Thanks
     
  20. silver addict

    silver addict Active Member Silver Stacker

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