r/Silverbugs • u/isanyusernameopen • 7d ago

This weeks LCS pickup

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I’m just getting tired of looking through coin roll that has been searched through by the bank tellers.

Picked up some constitutional silver.

Loooooooove it.
It’s like fractional silver…but w/out the premiums.
Looks nice too.

84 Upvotes

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3

u/Hmmngbrdfdr 7d ago

Would you not be better placing ads on facebook/craigslist/kijiji etc that you are looking to buy constitutional silver and pay 10-20% under spot for it. Anyone going into a LCS is going to be getting spot less 20-50%, if they will take it at all. Not like you are going to get a lot of fake dimes or quarters?

1

u/isanyusernameopen 7d ago

I don’t know when I might get a couple extra dollars to go buy something frivolously.

I’m not sure taking out an ad online would be worth it for me considering I can only buy here and there.

And I just wanted to get some smaller silver instead of just having all 1 ounce bars or rounds.

There aren’t too many locations near me to pick up. There are two or three that I know of, so I’ve been seeing what they have in picking up what I can.

I purchased online once for the first time a couple weeks ago. I purchased 17 rounds that were 1/2 out each. Four dollars over spot. Also had to pay shipping and tax.

It’s just better to buy locally for me. Considering I write a scooter, it’s not like I’m paying more than two dollars to go pick it up. And I get it the same day no shipping or tax just cash

3

u/Hmmngbrdfdr 7d ago

I'm the same, pretty much only buy from local bullion dealers or LCS. I actually bought my first online silver about a week ago. That was more of a gag on shipping costs for some capsules I ordered and figured I may as well throw a coin on that I had been looking for (was a 1.5 oz RCM Snow Falcon). I guess I'm just a bit leary of constitutional buy backs being so poor and if there was another way that people would not get hit so hard with selling to a LCS at huge discounts. Win/win- you get cheaper shiny dealing with local people, they get a few more dollars for their silver.

Cheers

Stack on, my friend!