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Thread: Good Mint to sell Silver

  1. #1

    Good Mint to sell Silver

    All,

    Can anyone recommend a good mint preferably around newengland that I could sell 26Lbs Sterling to?

    Thanks



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  3. #2

    Market opportunity for NEW private minting?

    You know... on a very SERIOUS note...

    With the BIG discrepancy between the spot price (which apparently IS valid for big ingots) and the current scarcity and markup on ANY and all types of coins (but especially silver)...

    I've begun to wonder if there isn't room for someone starting a small private mint.

    Profit margins would be on the order of 25% or more, and one ought to be able to sell your entire production output (perhaps even "auctioning" it or selling direct via Ebay, etc for even higher margins).

    I mean what is a mint, really... just a small smelting and stamping operation... and you could probably even subcontract the actual minting (at least on a small scale).

    Hmmm...



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