Hi friends,
My family and I were out for a weekend lunch and there was a 30 minutes wait at the restaurant we wanted to eat at. Since we had a little time to spare, we went into a pawn shop and they had a few pieces of silver for sale but this one caught my eye:
They had a couple generic rounds listed at spot + $5 ounce - so that would put this at a $500 premium on top of the spot price of $3,250, which isn’t terrible, but there is also a 10% sales tax at the pawn shop, so add an extra $375 to the price tag for an overall price of $4,125 - too much, in my opinion.
I do not have any kilo or 100 oz pieces - only some 10 ouncers. Should have done the big ones when spot was under $20…
Thanks for coming by,
Brian
That’s a bit expensive but if one can afford it, why not?
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You should definitely buy only large pieces.
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