What Will Precious Metals be Worth When Prices Soar?
A frequent question I am asked is what kind of buy/sell formulas my company might use if gold and silver prices soar far above their current levels. An implicit question that is part of that is whether people would even be able to sell their precious metals at all.
Most, but not all, coin dealers seek to make a profit margin, whether buying or selling. That means that they are willing to purchase items from the public at a price less than they can sell it on the wholesale market (the bid side of the wholesale market minus shipping costs and the
