in uncirculated condition....what should it be worth?....i bought one the other day then turned around and sold it right off.....all i was worried about was making alittle bit of a profit.....the dealer i purchased it from does however have another coin.....if i bought it what should i ask for when i go and sell it again?.... I do believe it has 1/2oz of gold in it.
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=8405006293&rd=1&sspagename=STRK:MEWA:IT&rd=1 Theres a link to the coin i sold....it was uncirculated....and believe it or not i sold it for far less than i paid for it... i actually just need a quick return profit for a move i have been currently planing....thanks for any thoughts.
I am not too sure what you are trying to do, but current gold price is at 588USD. If it is half ounce, then you are talking about 264USD, which is probably what the dealer charged you. There is no such quick return profit except when you know what is a bargain and resell it at a higher price. Otherwise, everyone would be into it.
Actually i bought that coin for 155 bucks.....and sold it for 190....and im gonna go buy the other one later today... See the guy does not pay any attention to the market...i buy 10oz of silver a week at 10.95 an oz(Eagles).......he just has no clue.....
Either that or he is selling low quality coins. If he's a dealer those deals sound way to go to be true. Next time don't short change yourself either. All that work for $35 when you could have made $120+ leaves me scratching my head.
well to be perfectly honest when i first bought the coin i bought it because i though the foreign exchange would be the major return not the gold....when i found out the market was for Sri lanka rupees and not indian i kinda just wanted to make my money back....the coin was uncirculated...and so is the other...im telling you the dealer just dosent know any better.....all he does is trade and sell....no buying...this guy is legit...i even had a jewler check the coin out befor i went and sold it.... As for the coin i purchased he originally had it marked at $195.00 which...maybe years back might have been right around the right price for 1/2oz (I have no clue im pretty new to the game) he said he could do 155 so i took it.... the next coin i buy which will be the same 200 rupee coin....and i will try to make better profit this time around.
