Most of you know i run a business buying and selling coins but this also encompasses selling gold and silver jewellery but what do you pay for your silver and gold junk?
I currently sell at top scrap rate for my gold and silver but i feel i maybe the fool as most people sell at spot +15% on average, i would love some feedback to get your thoughts.
Example top scrap today for 9ct is £15.57 but spot is £16.04 but spot plus 15% would be £18.44
I currently sell most of my scrap but feels like it is pulling teeth.