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Careful. It looks like Provident is discounting garbage
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<p>[QUOTE="myownprivy, post: 3148680, member: 84588"]Spot: 1225.77</p><p><br /></p><p>1/10 oz Canadian Gold Maple Leaf | Random Year</p><p>$133.61 </p><p>BUY BACK PRICE: $120.49</p><p><a href="https://www.providentmetals.com/1-10-oz-canadian-gold-maple-leaf-dates-our-choice.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.providentmetals.com/1-10-oz-canadian-gold-maple-leaf-dates-our-choice.html" rel="nofollow">https://www.providentmetals.com/1-10-oz-canadian-gold-maple-leaf-dates-our-choice.html</a></p><p><br /></p><p>Caution 1: The sell price is very good at less than $8 over spot, or about 8.5% over spot.</p><p>However, the buy back price is UNDER spot. This is unheard of! A tenth ounce Maple should be bought back OVER spot. However, Provident is buying these back at more than $5 under spot. 1.7% under. </p><p><br /></p><p>That's a spread of over 10% cash lost in the transaction. </p><p><br /></p><p>Meanwhile, 2018 tenth ounce Maples will be bought back at over spot. So, is there something wrong with these discounted 1/10 Ounce Gold Maples? Yes, yes, I think there is. Read on...</p><p><br /></p><p>Caution 2: The description</p><p><br /></p><p>"As these coins are sourced from the secondary market, the dates of this product will be grab bag style and will likely show signs of wear including contact marks, reed marks, copper spots, and/or abrasions, etc."</p><p><br /></p><p><br /></p><p>I would avoid this deal.[/QUOTE]</p><p><br /></p>
[QUOTE="myownprivy, post: 3148680, member: 84588"]Spot: 1225.77 1/10 oz Canadian Gold Maple Leaf | Random Year $133.61 BUY BACK PRICE: $120.49 [url]https://www.providentmetals.com/1-10-oz-canadian-gold-maple-leaf-dates-our-choice.html[/url] Caution 1: The sell price is very good at less than $8 over spot, or about 8.5% over spot. However, the buy back price is UNDER spot. This is unheard of! A tenth ounce Maple should be bought back OVER spot. However, Provident is buying these back at more than $5 under spot. 1.7% under. That's a spread of over 10% cash lost in the transaction. Meanwhile, 2018 tenth ounce Maples will be bought back at over spot. So, is there something wrong with these discounted 1/10 Ounce Gold Maples? Yes, yes, I think there is. Read on... Caution 2: The description "As these coins are sourced from the secondary market, the dates of this product will be grab bag style and will likely show signs of wear including contact marks, reed marks, copper spots, and/or abrasions, etc." I would avoid this deal.[/QUOTE]
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Careful. It looks like Provident is discounting garbage
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