Selling silver bullion coins to established dealers [solved]

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Since the selling rate on silver bullion coins has been quite high lately at some established dealers - in some places over €30 oz., I was wondering about selling some of those that I have.

 

But, I was also wondering, does these established dealers actually buy at the advertised rates (my reference is https://www.gold.de/ ) or do they lure you in and begin a negotiation of the rate they're actually willing to pay?

I was also wondering who pays top rate when the rate can fluctuate from day to day?

 

What are your experiences with selling silver bullion coins?

I think every dealership has it's own policies. Most will probably buy under and sell above spot or depending on how business goes and the merchandise goes over the table in a matter of days or even hours they deal with near spot prices. You can only ask for how much they buy silver at the moment and then agree or decline.

Sorry, forgot that I started this thread.

 

In the meantime I have actually done a swap of silver to gold. I simply walked into the store - unannounced, and initiated the deal. The deal was done according to their advertised rates and both parties were happy. The dealer even asked for me to return in case I have more to swap.

Status changed to Solved (p100, 8 Dec 2024, 20:54)

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