THAT IS CORRECT, SARGE. I HAVE A LOCAL COIN SHOP HERE IN CENTRAL ILLINOIS, & WHEN I BUY BULLION (BARS, ROUNDS, STRIKES) I PAY $1.00 OVER SPOT. WHEN I SELL SILVER, THEY PAY $1.00 UNDER SPOT. FAIR & MONEY IN HAND ON THE "SPOT". SORRY FOR THE PUN.
