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LCS spread on 90%

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LCS spread on 90%

Postby messymessy » Mon Jul 22, 2013 8:04 pm

What's the spread on 90% silver at your LCS?

I had someone tell me today that the local coin stores were paying 13x for 90% silver and selling at 15x. I've been working lots of hours and don't get home in time to call around. I can't help but think my friend is misinformed.
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Re: LCS spread on 90%

Postby Country » Mon Jul 22, 2013 8:16 pm

I'd bet you can sell all you want here at 15X for decent 90%.

Bullion Direct is paying 15.5X; Tulving is paying spot+1.80 (approximately 16X). Tuvling is for $1000 bags, but the rate for BD is for smaller quantities.

On the buy side, BD is 18X; Tulving is spot + $3.19 or 16.9X.
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Re: LCS spread on 90%

Postby shinnosuke » Mon Jul 22, 2013 8:41 pm

On Friday of last week, buying at $15 and selling at $15.55.
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Re: LCS spread on 90%

Postby beauanderos » Mon Jul 22, 2013 9:00 pm

Country wrote:I'd bet you can sell all you want here at 15X for decent 90%.

Bullion Direct is paying 15.5X; Tulving is paying spot+1.80 (approximately 16X). Tuvling is for $1000 bags, but the rate for BD is for smaller quantities.

On the buy side, BD is 18X; Tulving is spot + $3.19 or 16.9X.

APMEX is paying close to 16.4X... good luck finding any sellers willing to undercut that, when they can just sell to them :shifty:
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