We’ve been getting a lot of questions lately — “Silver’s up, so why aren’t buyers paying spot or more?”

Here’s what’s really going on

Silver prices have climbed so quickly that refineries and wholesalers are completely overloaded. Many are actually shutting down temporarily just to catch up on the massive amount of metal already waiting to be processed.

That means there’s a bottleneck in the system — buyers in the wholesale market have pulled back, and the normal flow of metal has slowed to a crawl.

When that happens, retailers like us have to pay well below spot, because there simply isn’t an active outlet to move bulk silver at current prices.

It doesn’t mean your silver lost value — it just means the market is temporarily clogged.

Once refineries reopen and the backlog clears, premiums and buy prices should stabilize again.

For now, we’re still buying — just with transparency about where the real market is today.

Scarsdale Coin — Honest Market Insights, Real-World Prices