Selling Coins

[FPrice]

I have a (mostly) theoretical question about selling coins and how to determine the price you want to ask/settle for.

Let's say you want to sell some 1 oz silver coins. And let's say that spot is currently $15/oz. Would you ask for the spot price? Spot plus some amount? Or less than spot?

I am not planning on selling anything, just wondering how others would price their sale items.

Thanks.

 

[benjamen]

I usually look up the buyback price on apmex.com as a comparison. For example, if I wanted to sell some 2015 1oz silver eagles:
http://www.apmex.com/product/84913/2015-1-oz-silver-american-eagle-bu

Note: While their current buy price is $17.34, this is for transactions of $10,000 or more.

 

[pmbug]

I rarely sell, but when I do, I usually sell to a local coin shop (LCS) and take what they offer (which is generally fair considering the going rate among dealers).