Gold under spot + free silver?

Discussion in 'Bullion Investing' started by hotwheelsearl, Mar 25, 2021.

  1. hotwheelsearl

    hotwheelsearl Well-Known Member

    This sounds too good to be true.

    Nationwide Coin & Bullion Reserve advertises one ounce $50 eagles for $25 BELOW spot. Then, you get a MS70 silver eagle absolutely free.

    CA6E3F06-7F89-417F-A1B4-53A6AE27AFC0.jpeg
    7AFE6D47-A409-4349-8477-ABEF19AFD826.jpeg
     
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  3. xCoin-Hoarder'92x

    xCoin-Hoarder'92x Storm Tracker

  4. hotwheelsearl

    hotwheelsearl Well-Known Member

    I wonder. I might give them a call, as there's no way that UNDER SPOT + silver has no catch.

    $25 under spot, plus a $75 silver eagle is $100 that the company loses per transaction.
     
  5. desertgem

    desertgem MODERATOR Senior Errer Collecktor Moderator

    I am sure they just want to be your buddy, so today currently it is
    $1726, so $1701.
     
  6. Jim-P

    Jim-P Supporter! Supporter

    Postage and handling?

    Requirement to join the coin of the month club and giving credit card info? Then if you are not delighted cancel anytime at your convenience?
     
    xCoin-Hoarder'92x likes this.
  7. medoraman

    medoraman Supporter! Supporter

    When did this run? It hasn't been $1865 for a while. I wonder if they have a different "spot" market.
     
  8. xCoin-Hoarder'92x

    xCoin-Hoarder'92x Storm Tracker

    The page says 01/21/2021. So it was higher then.
     
  9. Collecting Nut

    Collecting Nut Borderline Hoarder

  10. hotwheelsearl

    hotwheelsearl Well-Known Member

    I just got the ad yesterday, guess they haven’t updated it in a while. Probably can’t pay staff with all the money they’re losing lol
     
    xCoin-Hoarder'92x likes this.
  11. midas1

    midas1 Exalted Member

    About 3 1/2 years ago, Kentucky posted he bought 10 $5 AGEs
    from NationWide for a price that was below market. I bought the same deal for a few dollars more, $1188.00, in Sept 2017 below market.
    Spot is currently $1727.xx . . . .
     
    Last edited: Mar 25, 2021
    hotwheelsearl likes this.
  12. midas1

    midas1 Exalted Member

    They periodically run legitimate great deals
     
  13. midas1

    midas1 Exalted Member

    They're trolling for new customers.
     
    xCoin-Hoarder'92x likes this.
  14. midas1

    midas1 Exalted Member

    Nope. They send you very professional looking glossy catalogs and call a few times. If you tell them not to call they won't call.
     
    hotwheelsearl likes this.
  15. hotwheelsearl

    hotwheelsearl Well-Known Member

    That sounds like a great deal then
     
    midas1 likes this.
  16. midas1

    midas1 Exalted Member

    It was a great deal then
     
  17. fretboard

    fretboard Defender of Old Coinage!

    Yeah, I don't get it! Truly isn't great enough to interest me at all. good luck y'all!
     
  18. midas1

    midas1 Exalted Member

    Call 'em see what they have to offer. The mail in the midatlantic region has been delivered late.
     
  19. jerryc39

    jerryc39 Well-Known Member

    They are legit. Bought a AGE from them about 2 or 3 weeks ago for $1685. No credit card fees and no shipping fee. They try to get you to buy slabbed gold for a large premium due to low mintages. Passed on that idea but happy with my purchase.
     
    midas1 likes this.
  20. Mr. Flute

    Mr. Flute Well-Known Member

    Might be legit, but they definitely will keep sending you ads and sell your contact information to all other advertisers willing to pay.
     
    CaptHenway likes this.
  21. CaptHenway

    CaptHenway Survivor

    A loss leader to get your name on their sucker list. Then they call you. And call you. And call you..........
     
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