I was wondering how much over spot a person should expect to pay for silver?
I know that a lot of people say that they pay close to the spot price at local dealers - I seem to have no luck finding local dealers interested in selling anything.
Is there a percentage calculation that works for coins as well as silver bars? The kitco website seems to have good recommendations for silver coins but I can't seem to find any recommendations for silver bars.
As an example, I've noticed that 1 ounce silver bars seem to be going for around $22.00 (on ebay)when spot price is $19.00. Is this a good price?
Thank you.
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