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James_OldeTowne

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Posts posted by James_OldeTowne

  1. On 10/31/2020 at 3:40 AM, silverdrag'n said:

    I was looking to purchase junk silver and I realized the guy was charging me an astronomical premium above spot price,
    about 32% above. This exchange happened over the phone. I remember the coin dealer getting hot headed when I
    questioned  the high premium.

    I let him know that I wasn't interested in his attitude and went elsewhere and found a dealer that was only going to charge
    me a premium of about 12% (and I thought that was high as well) I'm sure that if I ever offered any coins for sale to the two
    above individuals they would offer me a pittance for my coins. 

    My  experience with the two dealers above has cemented a distaste to ever walk into any coin shop since I'd rather be 
    treated in an honest manner and that is not what I found on the local level.

    The fact that a dealer charges a premium that's "too high" in your opinion does not, all by itself, make the dealer "dishonest".  The premium on numerous items you buy every day is much higher than that.