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Melt Value Calculator - Page 6
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Thread: Melt Value Calculator

  1. #51
    Join Date
    Jul 2012
    Posts
    3

    Default

    Quote Originally Posted by Xizang View Post
    WHY do coins and round bullion consistently sell for way over spot on ebay?
    Because that is probably the actual value that people are willing to pay for.

  2. #52
    Join Date
    Apr 2012
    Location
    Scottsdale, Arizona
    Posts
    1,851

    Default

    Quote Originally Posted by GWealth View Post
    Because that is probably the actual value that people are willing to pay for.
    Maybe. But I'm now seeing round bullion like Silver Eagles selling on ebay consistently for $5 to $6 over spot. The past couple days, spot price was $27.25 (Friday and over the weekend) and dozens and dozens of Silver Eagles selling in quantities of 1,2,3,4, and 5 for no less than $31.50. Mostly $32 and up.

    Local gold and silver shop in Lincoln, Neb. is quoting $3 over spot. But on top of that, there's a 7% sales tax. And a paper trail. So there you go. Screwed either way.
    "If you don't know where you're going, you might end up some place else."
    - Yogi Berra

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