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Author Topic: Places to Buy Silver at/near Spot?  (Read 932 times)
Wardrick (OP)
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December 19, 2016, 07:38:20 AM
 #1

I am trying to find a place where I can buy some silver at spot. I'm looking at a bulk initial re-investment and am having trouble finding a place where I could buy at or near spot. Does anyone know of any places that sell at/near spot for bulk purchases?
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December 20, 2016, 02:16:06 PM
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JM Bullion is selling 10 ozt at spot, limited to one per household.  http://www.jmbullion.com/starter-pack/

They're also selling select bars and rounds at 79 cents over spot and new RMC gold bars at $29.99 over spot right now.  They take bitcoin and do free overnight shipping if you order over $1000 (I think, I always get that).
Wardrick (OP)
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December 21, 2016, 02:37:05 AM
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JM Bullion is selling 10 ozt at spot, limited to one per household.  http://www.jmbullion.com/starter-pack/

They're also selling select bars and rounds at 79 cents over spot and new RMC gold bars at $29.99 over spot right now.  They take bitcoin and do free overnight shipping if you order over $1000 (I think, I always get that).

Nice deal, too bad there's a limit. When you're buying in bulk it will add up. I'm trying to find somewhere that sells around .10c-.20c over spot or at spot for bulk.
Pearls Before Swine
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December 21, 2016, 02:52:32 AM
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Vernon coin shop in Connecticut.  That's where I've bought all sorts of junk silver for pretty much near spot.  Don't know where you're located, but local coin shops have some of the best deals on silver.  And Ebay isn't too shabby either.  Good luck to you my good sir.
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December 21, 2016, 02:57:04 AM
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I remember about 18 months ago or maybe even 22 months ago bayareacoins was selling silver for spot price I believe
Wardrick (OP)
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January 07, 2017, 07:53:32 PM
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JM Bullion is selling 10 ozt at spot, limited to one per household.  http://www.jmbullion.com/starter-pack/

They're also selling select bars and rounds at 79 cents over spot and new RMC gold bars at $29.99 over spot right now.  They take bitcoin and do free overnight shipping if you order over $1000 (I think, I always get that).

Dang wish I would of caught that. Silver.com was doing a deal at 69c over spot/oz. Honestly the best price I have found, called all the local coin shops too. Haven't looked into junk silver much. Made a good profit selling for around $20/oz and rebuying.


Still looking for some places. 
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January 08, 2017, 11:18:28 AM
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Believe it or not I find spot price silver on ebay from reputable dealers.
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January 08, 2017, 01:23:46 PM
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Believe it or not I find spot price silver on ebay from reputable dealers.

Do they usually require large volume purchases?? or can someone get 1 or 2 oz Huh?

The latest ones I grabbed were denominated in single ounces.
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January 08, 2017, 07:22:45 PM
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Believe it or not I find spot price silver on ebay from reputable dealers.

Do not believe

Even having your own store - combined PP+Ebay fees will be 10%. So nobody on Ebay will sell precious metal on or below spot.

Only if there is a rare coincide moment when you got 10% on Ebay bucks, and the coin is not listed in bullions you can buy smth closer to spot. But the probability is close to zero

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January 08, 2017, 08:53:34 PM
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Believe it or not I find spot price silver on ebay from reputable dealers.

Do they usually require large volume purchases?? or can someone get 1 or 2 oz Huh?

The latest ones I grabbed were denominated in single ounces.

How often do you find this??  And do they ship to USA only?
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January 09, 2017, 01:14:34 AM
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Believe it or not I find spot price silver on ebay from reputable dealers.

Do not believe

Even having your own store - combined PP+Ebay fees will be 10%. So nobody on Ebay will sell precious metal on or below spot.

Only if there is a rare coincide moment when you got 10% on Ebay bucks, and the coin is not listed in bullions you can buy smth closer to spot. But the probability is close to zero




Or they could just do so much volume they can manage. Not like I am posting an affiliate link here. WTF do I get sending you to ebay for nothing?
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January 10, 2017, 02:58:33 PM
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Believe it or not I find spot price silver on ebay from reputable dealers.

Do not believe

Even having your own store - combined PP+Ebay fees will be 10%. So nobody on Ebay will sell precious metal on or below spot.

Only if there is a rare coincide moment when you got 10% on Ebay bucks, and the coin is not listed in bullions you can buy smth closer to spot. But the probability is close to zero




Or they could just do so much volume they can manage. Not like I am posting an affiliate link here. WTF do I get sending you to ebay for nothing?

I have to agree.  There is often silver AND gold that sells below spot.   Look at auctions with short duration and you will often get lucky. 

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January 11, 2017, 04:25:52 PM
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JM Bullion is selling 10 ozt at spot, limited to one per household.  http://www.jmbullion.com/starter-pack/

They're also selling select bars and rounds at 79 cents over spot and new RMC gold bars at $29.99 over spot right now.  They take bitcoin and do free overnight shipping if you order over $1000 (I think, I always get that).

That's brilliant! Buying bullion in the U.K. at spot is near impossible due to VAT and import duties. If only there was a way of getting around that!  Cheesy (They do have bullion banks/storage facilities which are VAT free but those defeat the purpose of buying precious metals).
Next time I'm in the US I'll be sure to give this a try.
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January 12, 2017, 07:54:27 PM
 #14

I have a 10 oz Silver bar here:  https://bitcointalk.org/index.php?topic=1742143.msg17451243#msg17451243

which is very close to spot at 170 USD.

for 1 oz rounds just 0.21 USD over spot, look here (not me obv):

http://www.ebay.com/itm/Daily-Deal-Lot-of-100-1-Troy-oz-Silver-Round-999-Fine-Generic-Our-Choice-/172257967607?rpp_cat_id=5000006556

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Wardrick (OP)
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January 13, 2017, 12:26:32 AM
 #15

I have a 10 oz Silver bar here:  https://bitcointalk.org/index.php?topic=1742143.msg17451243#msg17451243

which is very close to spot at 170 USD.

for 1 oz rounds just 0.21 USD over spot, look here (not me obv):

http://www.ebay.com/itm/Daily-Deal-Lot-of-100-1-Troy-oz-Silver-Round-999-Fine-Generic-Our-Choice-/172257967607?rpp_cat_id=5000006556

I'd buy it off you for spot if you're interested. Shoot me a PM.
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