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Pricing - Why is your buy-back price less than your selling price?


Why is your buy-back price less than your selling price?
The “spread,” or difference between the buying and selling prices allows dealers to stay in business and is much the same as when banks charge more interest for loans than they pay for savings accounts. The precious metals bullion business is a very competitive one, and the profit margin, or spread, is very small compared to almost any other inventory business.

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