Selling gold

Scody21 said
A gold and silver shop, and sometimes jewelers. You’ll always pay over “spot” when buying and they will pay under “spot” when selling. Personally, selling is foolish, gold and silver have been “money” forever. The worthless Federal Reserve notes your trading for is not a fair trade…

Here is the law… as it pertains to lawful money, aka the gold and silver your thinking of selling.
[URL][URL]https://uscode.house.gov/...relim-title12-section411&num=0&edition=prelim[/URL][/URL]
Click to expand...

Scody21 said
A gold and silver shop, and sometimes jewelers. You’ll always pay over “spot” when buying and they will pay under “spot” when selling. Personally, selling is foolish, gold and silver have been “money” forever. The worthless Federal Reserve notes your trading for is not a fair trade…

Here is the law… as it pertains to lawful money, aka the gold and silver your thinking of selling.
[URL][URL]https://uscode.house.gov/...relim-title12-section411&num=0&edition=prelim[/URL][/URL]
Click to expand...
True, but it's up to the shop how much over spot they charge, and how much under spot they pay.
The Arizona shop that didn't get my gold started out by knocking $100/coin off spot, and then went down in price from there.
The california shop I sold to was within about $35 of spot.