Hi friends,
With the epic run in silver, I posted to a local app that I was selling 10 ounces of generic silver rounds for $600, which was right near spot price. I figured some people would try to haggle to spot or slightly below, so I posted it at a reasonable price.
Bottom line after a few days - there are no local buyers. I get lowball offers of $400, but that is absurd when silver is $585 at spot price for 10 ounces. Like this guy:
[IMAGE: https://images.hive.blog/DQmfZwjTDSFJR8wSGUiCZ3NHhnrijnd9PyPGBTFGt4PMxVR/IMG_0549.jpeg]
Has anybody tried selling at current prices? Are local coin shops offering near spot for silver?
Just curious. Not really looking to sell much, was just testing the waters.
Thanks for coming by,
Brian
$4😂🤣, that would be spot, on August 29th, 2025.
We may need to tack on a Time Travel fee of $200.
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!PIZZA
Offers same as always here. Shops pay below Spot by 3% for generic rounds. A little more for eagles & other larger premium stuff. But it’s same as always. Ur always gonna get cheap idiots when posting ur selling on a local site. Serious buyers buying from big outlets because many get burned from local regular people in past so they stay away from off table deals. At least that’s generally the story here. People rather pay premium and go to where they always buy from instead of taking a gamble u might have issue with a private seller. Unless it’s someone u deal with regularly. !LADY !PIZZA
When it spikes way way up like 100% past 13 months, it’s standard to not get spot from a shop, but the 7% I see others discussing isn’t normal for here where I live. 3% under is.