Stearling VS .999

Discussion in 'Bullion Investing' started by Blueindian65, Feb 6, 2010.

  1. SilverSurfer

    SilverSurfer Whack Job

    Here's a dealer that would pay you 65% for your sterling, if that...and he justifies his position above as well.:vanish:
     
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  3. se-collectibles

    se-collectibles Collector Extraordinaire

    I don't know him. I said I don't know anybody that does that.
     
  4. SilverSurfer

    SilverSurfer Whack Job

  5. cerdsalicious

    cerdsalicious BigShot

    Got two of your Panamanian 20 balboas last week. Both 1974 and I Acid tested both of them. Showed them to several other dealers and potential customers, no interest so they hit the smelter today with several thousand ozs of sterling silver.
    I only paid 60%. Well to be pain in the butt exact 60.72%.
    So there Its settled. That's what they would go for. I had them listed for $55 each. Needless to say they weren't worth Jack. And the only dealer interested offered me 65%. And talking to him he said it takes him 3-4 months to sell them.

    Back to my Carson cities.
     
  6. SilverSurfer

    SilverSurfer Whack Job

    I'll buy them from you for 70% spot price. Interested?

    $17.40 X 3.85 X .7 = $46.90

    I'll give you $94 for the both of them.
     
  7. SilverSurfer

    SilverSurfer Whack Job

    Hello, Cerds.

    I made an offer for 10% more than you paid for those Balboas. So, far you haven't gotten back to me. So, either you agree that the balboas are worth more then 70% spot price, or you are full of S***.
     
  8. cerdsalicious

    cerdsalicious BigShot

    First off mr. Full of S*** they're already been smelted. Second off if you want some they're $55 each and then I am buying them off another dealer.
    And third I don't have to deal with disrespectful customers
    and lastly don't be butt hurt about your investment in bunk coins.
     
  9. SilverSurfer

    SilverSurfer Whack Job

    $55/3.85 ounces = $14.30.

    $14.30/$18.10 = 80%

    Looks to me like you think sterling is worth %80 spot.....not 60%.

    Maybe you could give me this "other dealer's" contact information. This way I can cut out the middle man and buy them from him at 60%. That would be a fabulous investment for the Chicago land area.

    P.S. I am a self proclaimed Whack Job.
     
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