Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Do I "have something" here?!?!
>
Reply to Thread
Message:
<p>[QUOTE="Seattlite86, post: 3530488, member: 59737"]I apologize if you are offended at me finding it odd that someone spent 5 figures on something they don't have much knowledge on. And more importantly, I am sorry for your loss. I just lost my mother in February, so I can relate a little. If my mother told me to go get a job and I joined the circus and my wages were tips only, I'd have satisfied her advice but not met her intent. If I can be straight with you and offer you a little advice, next time, you should ask more questions before writing such a large check. I think it's great you listened to advice and made an investment, but I'm not sure you made the best choice in investment, because you already paid about $4,000 over what they're worth in melt value, or $2,880 over what they're going for retail. You could've bought those same coins for quite a bit less if you shopped around. Essentially, gold melt value is going to have to raise 32% for you to break even on melt value. That's a big margin and chances are you'll want to cash that in before gold ever gets that high. It is all but likely you'll sell these for a loss. The good news is, you didn't go buy a fancy car or something ridiculous that loses even more value the moment you walk out the store. Anyway, I wish you the best in your endeavors.[/QUOTE]</p><p><br /></p>
[QUOTE="Seattlite86, post: 3530488, member: 59737"]I apologize if you are offended at me finding it odd that someone spent 5 figures on something they don't have much knowledge on. And more importantly, I am sorry for your loss. I just lost my mother in February, so I can relate a little. If my mother told me to go get a job and I joined the circus and my wages were tips only, I'd have satisfied her advice but not met her intent. If I can be straight with you and offer you a little advice, next time, you should ask more questions before writing such a large check. I think it's great you listened to advice and made an investment, but I'm not sure you made the best choice in investment, because you already paid about $4,000 over what they're worth in melt value, or $2,880 over what they're going for retail. You could've bought those same coins for quite a bit less if you shopped around. Essentially, gold melt value is going to have to raise 32% for you to break even on melt value. That's a big margin and chances are you'll want to cash that in before gold ever gets that high. It is all but likely you'll sell these for a loss. The good news is, you didn't go buy a fancy car or something ridiculous that loses even more value the moment you walk out the store. Anyway, I wish you the best in your endeavors.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Do I "have something" here?!?!
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...