Florida Coin Shop Silver & Gold Premiums | Precious Metals Market Update | Must Watch

Florida Coin Shop Silver & Gold Premiums | Precious Metals Market Update | Must Watch #Trending
Serving central Florida for over 8 years, Vermillion Enterprises is Spring Hill, Florida's premier coin shop and gold dealer. Always buying and always selling coins and precious metals like silver, gold, platinum, palladium, and rhodium.
Give Vermillion Enterprises a call at:
[phone]
Visit our Spring Hill coin shop, located at:
5324 Spring Hill Drive
Spring Hill, Florida 34606
Monday - Friday: 9AM - 4PM EST
Saturday: 9AM - 2PM EST
Sunday: Closed
To learn more about Vermillion Enterprises visit our website at:
vermillion-enterprises.com/
Shop our new online coin shop at:
springhillcoinshop.com/
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Payment Via Cash, Check, Wire, Zelle.
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[@vermillionenterprises]

To place an order, call the shop; questions or comments, leave a comment below. Happy trading!

[@72cmcinc]

Thanks! Have a good long weekend Tim!

[@edwardsawtell5712]

Always a thumbs up! Thanks for the updates!

[@vermillionenterprises]

Thank you for watching.

[@thevikingstacker5794]

Yes!! Hey Tim, my new Meta friend haha

[@vermillionenterprises]

... the man behind the curtain (camera) has been revealed.

[@ddprepper5227]

Excellent report 👍

[@vermillionenterprises]

Thank you for watching

[@midgetmack5344]

Great deals like always. 🙏🏽

[@vermillionenterprises]

Thank you for watching

[@charleswilson6789]

Great info.

[@vermillionenterprises]

Thank you for watching.

[@samross778]

Nice! Buy premium increasing on ASEs is music to my ears. Wonder if we will ever get back to $10 over spot for buyback eagles…

[@vermillionenterprises]

time will tell

[@Nikotromus]

Big question here that I bet most people will be interested in. In general, what happens to the gold and silver after it's melted down at the refinery? Is it shipped to China and India?

[@vermillionenterprises]

It's out of our hands when it goes to the refinery... so ¯\_(ツ)_/¯

[@user-ge8we9bt7d]

Do refiners buy more (or pay more) than wholesalers? Just curious why sell to a refiner who would just melt the silver/gold vs wholesalers who would resell to other dealers.

[@vermillionenterprises]

One in the same...pay next day

[@BillGuyHawaii]

Aloha Kakakiaka. Have a great day

[@vermillionenterprises]

Thank you, you as well.

[@jeffgoodman3108]

What do you buy 100 oz silver bars at? Thanks

[@dustindavid5094]

I always enjoy the market sentiment part toward the end. Never stop doing that. After it goes to refinery, what happens to the majority of it?

[@jimgoodreau1245]

Almost all is melted! Occasionally someone might pull a peace out and save it! But in the end it's all scrap!

[@vermillionenterprises]

Thank you, we appreciate it. It's out of our hands when it goes to the refinery... so ¯\_(ツ)_/¯

[@BillGuyHawaii]

It goes to China and industrial applications

[@frankabler]

@@BillGuyHawaii Silver is selling for over $30/oz on the Shanghai market. Of course, it's all going to China for an instant $4 profit per ounce.

[@frankabler]

The fact that so much coined silver and gold is being recast into bars should be a lesson to everyone. Think about it...

[@christophermccormick8670]

Opinions on slabbed and graded pre-33 gold. Premiums seem favorable to me. Is it a liquid market for them?

[@vermillionenterprises]

Slabbed pre-33 gold is hot, it comes and goes fast.

[@mth4849]

You guys should switch mics once to see if Brian can get out of that echo chamber... Tim sounds fine.

[@MinuteManPreciousMetals]

Hi, you have dropped Foreign Gold from your Market Updates. What is the current buy sell spread? Also it would be great to add a 10k, 14k, 18k, and .925 scrap buy price once in a while. Thanks for your consideration.

[@vermillionenterprises]

We are buying foreign gold at -2%, we are not selling foreign gold.

[@davidcruger2237]

Does the 90% silver go to the fire with everything else? Also still no Big silver? 10oz, Kilo's..etc Thanks; Always enjoy the direct to the point videos

[@vermillionenterprises]

no on the 90% we sell/stock it....10 oz silver bars are always in stock...kilos and 100s hit or miss at the moment

[@rumcoke9123]

any Canadian Maples, Philarmonic or Kangaroo 1 oz gold coins?

[@vermillionenterprises]

No foreign gold in stock.

[@David-qi1ys]

Is there anything that you either don't, or even won't, sell to the refiners? Or does it all get tossed in the fire? For private minted stuff, buffaloes and whatnot; "sure yeah, whatever." But if ASE, AGE or pre-65 90% is thrown in; "aw, man! what a loss" [not judging here, from a business standpoint, I get it.]

[@vermillionenterprises]

Business is dictated by business.

[@JohnDoe-np3zk]

Tim needs a break lol.

[@vermillionenterprises]

It's not a wanted break... paperwork that needs to get done.

[@GoldAddict]

No platinum this time

[@vermillionenterprises]

Buying: Spot + $100, Selling: Spot + $170