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Online can be problematic unless you deal with one of the biggest firms. Like Ampex, JM Bullion, or similar. Completely and utterly no way would I buy on ebay unless it was a larger firm with six digits of feedback. Lots of fake coins in circulation. Many made in, you guessed it, China.

Buying online always involves a waiting period. Two weeks is common. Sometimes, you are buying a "type" not a particular coin so you can't see what you're getting. Not that it's all that important when buying bullion coins. But as a general principle, I like to see what I'm getting.

There is a reputable dealer in Corvallis, MJPM. I use his prices for reference sometimes.
 
Online can be problematic unless you deal with one of the biggest firms. Like Ampex, JM Bullion, or similar. Completely and utterly no way would I buy on ebay unless it was a larger firm with six digits of feedback. Lots of fake coins in circulation. Many made in, you guessed it, China.

Buying online always involves a waiting period. Two weeks is common. Sometimes, you are buying a "type" not a particular coin so you can't see what you're getting. Not that it's all that important when buying bullion coins. But as a general principle, I like to see what I'm getting.

There is a reputable dealer in Corvallis, MJPM. I use his prices for reference sometimes.
I was looking at JM Bullion's site and they want a 30+% mark up over spot silver price for bullion coins. In your experience, is it likely that mark up is going to be higher or lower at reputable local dealers compared to reputable online dealers?
 
It is a bad time to be buying in that demand is exceeding supply, so you'll see those mark ups.

As mentioned, I would encourage you to buy in-person and only from reputable businesses. Otherwise, you'd be better to just hold the cash.
 
I was looking at JM Bullion's site and they want a 30+% mark up over spot silver price for bullion coins. In your experience, is it likely that mark up is going to be higher or lower at reputable local dealers compared to reputable online dealers?

That's pretty normal for right now. Spot is a number for commodities traders, not for real world physical metals buyers. The amount of paper silver (lent out, borrowed against, leveraged) is hugely more than the amount of physical silver that exists above ground. The spot price of silver has fluctuated some lately but the price for physical silver has changed little within the range. Even though the premium seems high now, the ratio between silver and gold is at an historic high. Which some people feel means silver is undervalued. I've made a purchase recently; paid about 17% premium over spot for a 100 oz. bar. Which I thought was high but my belief in the relative cheapness of silver justified it. It's like gambling but a better deal than the Indian casinos. Paper will always eventually fail but no matter what the perceived value of the moment, the silver is still there. And is still valuable at some level.

What you buy and the quantity affect silver price at retail. If you want a silver eagle minted by the US Government, at present the premium over spot is about 36%. If you buy a generic silver round, the premium over spot is about 24%. If you buy in the form of a larger unit, the price drops further.
 
I sent you a pm. If you didn't get it that's fine, however if you did, a simple "no thanks" usually works between forum members. Contrary to popular belief not everyone is a scammer. Properly vetted you can find some really good bargains in the precious metals market in these times. Coin and metal brokers will always charge you the highest rates.
Good luck in your quest
 
liberty coin and pinehurst on ebay. no bs about payments either-some online places will demand wire or cashier's check then take forever to " cash" the check (actually get bullion to ship I suspect)
 

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