Why is there so much variance in pricing between silver sellers?
For over 30 years, the price of silver was extremely stable which allowed for sellers to be very consistent with pricing. Since early 2006, the silver markets have been extremely volatile, forcing silver sellers to change their prices, oftentimes very quickly. At this time, you will find silver sellers with inventory that was purchased when the market was low, and others when the market was high, and many use their inventory cost to set their prices. At Somerset Silver, we don’t penalize you with higher prices if our inventory was purchased at the wrong time. We price our products according to the trends in the silver markets and currency exchange rates.
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