Do coin stores buy back bars?

A

AGmagic

New Member
What the title says. I know a coin store will buy back coins obviously but what about 10oz bars? Trying to see whats easier to offload.

Thanks
 
I notice you're from the States
In Australia, most coin/PM dealers have a buy - sell spread, as one of the other posters mentioned, their buy back will usually always be under the current spot price
This is fine if silver spot went up dramatically and you bought low when you went to sell to them, they pay cash/direct deposit the bonus is they are recognizable established businesses, not someone you have never met, meet up somewhere and do a cash transaction with them knowing you have bullion on you
Sites like SS would be the best bet to offload
Cheers
Alfie
 
Thanks nice to know I'll check what my LCS says. Would I get more if I tried to offload on SS? What safety precautions do I get selling on here?
 
Since you're in the US... The US+Canada section of the Buy-Sell-Swap board would be appropriate for you, but it's kind of limited since SS is based in Australia. The cost of shipping to Australia will most likely take the total price of what you want to sell beyond what it could be easily be bought for in Oz.
 
It depends on the company. There are many that do buy it back. Some dealers display the "buy back price" on the site besides the "selling price"...
 
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