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If I am buying silver coins for the ounce of silver, why would I buy coins from the US mint at $70/oz versus an online seller like golden state mint for $26/oz? Is there some pedigree these might have when SHTF?

If I am buying silver coins for the ounce of silver, why would I buy coins from the US mint at $70/oz versus an online seller like golden state mint for $26/oz? Is there some pedigree these might have when SHTF?

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[–] 1 pt

Never sell to a pawn shop or coin store - always sell privately.

Why? Pawn shop I get, but what is wrong with selling to a coin store?

[–] 1 pt

Nothing, really. But you're going to be able to get a better deal if you sell privately a lot of the time.

[–] 0 pt

Coin stores won't always give you numismatic value. And those premiums can be significantly more than the weight value of a piece. (If you're a regular, you may get a much better deal.) Walk into a coin store, ask: what's spot and what's bid? How much are you selling for/ how much are willing to pay me?