Sitting With Liberty
Jr. Member
What's the average buy price/sell price right now at local shops for 64 kennedy halves?
One other question: If gold or silver is priced by the ounce, in what way do the dealers make money on it by selling it? I could see if they are buying it from a walk in customer say 5 or 10% below spot (are those the average rates?) on bullion or rarer coins, but what about when they have to buy large quantities from wholesalers to fill orders? Can someone explain the process to me?
Thanks
One other question: If gold or silver is priced by the ounce, in what way do the dealers make money on it by selling it? I could see if they are buying it from a walk in customer say 5 or 10% below spot (are those the average rates?) on bullion or rarer coins, but what about when they have to buy large quantities from wholesalers to fill orders? Can someone explain the process to me?
Thanks
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