[Angelhug52]

Bob's Coins, on 441. Terrace Shops. Summerfield.Check out there web site. Always found them fair.

[GoldenBoy]

So the commercials about buying precious metals to augment your retirement fund sounds a tad iffy. I oftenten wondered about the process to actually use it. I guess walking off a sliver to buy paper towels isn't as easy as it sounds. An 8% cost to reconvert to cash would seem to take a fair amount of any anticipated "investment". Does Hannity address this part in any of his commercials?

[npwalters]

Originally Posted by tjlee500

Don't know....but what's your address?

LOL, you will have to go to a safe deposit box

[ThirdOfFive]

Originally Posted by villagetinker

You could keep an eye on the spot silver market, and sell it yourself, this eliminates the middleman, I would go a few percent below the spot market.

I confess to almost complete ignorance (other than some coin collecting) on this topic. Have several questions...

What, exactly, defines a "spot" price?

What kind of silver is best to buy: Coins? Bars? in what amount?

Does buying in larger amounts get you a better price per ounce?

Any words of wisdom appreciated...

[npwalters]

Thanks for the information folks. I have some leads to follow up if I choose to. I don't "need" to sell anything but do want to be informed.

Why do some of you think that gold and silver are ready to rise rapidly? Gold has remained relatively stable for several years. Silver has increased enough to be a reasonable investment. Not trying to contradict it but I would like to know the thoughts behind it.

[MrLonzo]

I sold some silver at spot many years ago via an ad through Craigslist. That was when I was young, naively assuming the buyer would show up with cash and not a gun! It worked out fine, but I think it's much riskier in today's environment -- unless the buyer is someone you know.

[stevesliders]

Bobs Gold and coins, there in the plaza behind Mcdonalds across from walmart hwy 441 Summerfield. He pays a little less than spot price just sold them some last month.

[villagetinker]

Originally Posted by ThirdOfFive

I confess to almost complete ignorance (other than some coin collecting) on this topic. Have several questions...

What, exactly, defines a "spot" price?

What kind of silver is best to buy: Coins? Bars? in what amount?

Does buying in larger amounts get you a better price per ounce?

Any words of wisdom appreciated...

If you search silver price, you will get the "spot price" which changes by the minute.
As far as I am concerned , silver is silver, however, bars are typically 100% pure silver, coins will typically be slightly less. I like coins as some of these are still in circulation which a FREE money.
I have never heard of a discount for buying in bulk, unless you save on shipping.

[Alarmed]

I would find a private buyer. Meet at a bank and get cash for your silver to deposit. Free security and guard there.

[star20166@yahoo.com]

I would suggest calling or messaging MilesFranklin.com I find they will give you the most for your metal and can FedEx to pick it up at your home. I guess you are tired of waiting for 6 figure silver huh.

[herremans]

Originally Posted by npwalters

Does anyone here have a recommendation for where to sell bulk (bars) silver? It needs to be within driving distance since the cost of shipping takes a big bite .

I may be interested== call me at 6164509282