Question:

No experience selling silver bullion, I want to sell but how much to ask?

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I've run into some money problems and I've collected Silver Bullion for times like these. I've decided to sell 60 silver rounds and I want to sell them to someone local (a dealer maybe), I called one dealer and he asked me "how much do you want to sell them for?" I told him I'd like Spot (market) price. He said he'd buy them for market price. I was wondering if anyone with more experience selling silver bullion knows if I made a mistake saying market price? should I have said a premium say of a dollar over market price? I have no experience selling silver.

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  1. you sell for spot and he resells at a premium because of the designs on the things or he buys at spot, holds it, and then resells at spot.

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