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[Hide] (1.2MB, 2048x3072) Reverse >>195118
No, the french dude just has an ebay shop and does everything through there. I don't even know his ebay username or whatever, I'm just familiar with him because he's a regular poster on the /pmg/ threads. But he often gets banned for posting "antisemitic" stuff (i.e. real facts about the history of money). Anyway he seems to do pretty good just buying and selling on ebay, despite their rather high fees (so that means he scoops up stuff for very cheap, well under spot price).
But that dude isn't even the best at this. There's another guy on /pmg/ who does go to estate sales and basically competes with real pros who attend those events (and he also does the ebay thing as well). Apparently his average cost for buying silver is around 25% of melt value (which is already lower than spot price).
I don't have either the deep historical interest and autism of the first guy, or the natural talent of the second guy. So I pretty much just buy from big coin dealers when spot price is low. In practice, that means when I can get physical silver coins under 24 euros/oz, and gold under 1800/oz (these are just the numbers that I gravitated towards after observing the market during the past several years). This year's been pretty rough so far, with the markets melting up. Pic are the only cheapies I managed to buy: 1 kilo armenian Noah's Ark coin, 200x small old swiss 1 franc coins (.835 silver), 10 miscelaneous 1 oz coins, and the most recent 2 oz Tudor beasts (Seymour unicorn). And that was 1-2 months ago, before the spot price climbed. Now I wait patiently for the next dip.