>>20562726> it's because those coins are more common / less scarce than barsIt's not just that. Those coins were minted years ago and it's likely that people that sell them have bought them under spot. Bars and other fractional coins are minted nowadays, so the mint want their cut just like the reseller, hence the higher premium. You can still buy "used" small bars for a very low premium if they are damaged or lacking the plastic enclosure, like the picture from previous post.
Besides, circulated coins are really nice to have for their historical value, even if that doesn't translate into added monetary value.
>they were about 440-441 gOh okay then he definitely sold them ~5% under spot. He can realistically sell just silver at spot or slightly more, but it's not easy as few people are interested in precious metals. He could go online, but then there's fees to pay. And if he ultimately sell the metal to foundries, he still get paid under spot. So I guess he played nice and wants to keep you as a client.
