I personally sold a few of my 100 ounce silver bars to a
local dealer, it's a bit of a hassle since it's a 40 min drive
through traffic, but they give great prices and either cut you a
check or give you cash. Since they are also a national
distributer, they will buy any amount of gold or silver you have,
there is no limit, you can bring in 1 ounce or 1/2 million.
The problem with most local coin shops is that they can only
buy what they can afford at the moment , they can't afford to lock
up so much cash. That's why if you sell to a shop, make sure
they are a national distributer as well.
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
oh man that's crazy about
The downside of having physical silver instead of SLV...
Posted by matt on 1st of May 2011 at 08:58 pm
oh man that's crazy about your story!
I personally sold a few of my 100 ounce silver bars to a local dealer, it's a bit of a hassle since it's a 40 min drive through traffic, but they give great prices and either cut you a check or give you cash. Since they are also a national distributer, they will buy any amount of gold or silver you have, there is no limit, you can bring in 1 ounce or 1/2 million. The problem with most local coin shops is that they can only buy what they can afford at the moment , they can't afford to lock up so much cash. That's why if you sell to a shop, make sure they are a national distributer as well.