Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Help! Is this counterfeit?
>
Reply to Thread
Message:
<p>[QUOTE="Blaubart, post: 2139399, member: 37498"]Yes, it's bullion, and dealers who are experts at spotting fakes will always be willing to buy it at a discount. However, there are many of us who don't want to sell at a discount and would rather sell for a premium to a private party. When you're not a dealer and you're selling to a private party, it's much easier to sell government bullion because they are much less likely to be fake.</p><p><br /></p><p>I have to admit that I've never sold private mint bullion to an individual, but I have sold many rolls of ASE and always at a higher premium than I pay to replace them through Provident. I don't know that I could do the same thing with private rounds.</p><p><br /></p><p>Of course this is just small time flipping, but there could be a day that I need to liquidate my entire stash. In which case, I really don't want my only option to be taking it to a dealer and getting clobbered. I'd rather sell it all at a premium as I've been able to do with a roll here and a roll there already.[/QUOTE]</p><p><br /></p>
[QUOTE="Blaubart, post: 2139399, member: 37498"]Yes, it's bullion, and dealers who are experts at spotting fakes will always be willing to buy it at a discount. However, there are many of us who don't want to sell at a discount and would rather sell for a premium to a private party. When you're not a dealer and you're selling to a private party, it's much easier to sell government bullion because they are much less likely to be fake. I have to admit that I've never sold private mint bullion to an individual, but I have sold many rolls of ASE and always at a higher premium than I pay to replace them through Provident. I don't know that I could do the same thing with private rounds. Of course this is just small time flipping, but there could be a day that I need to liquidate my entire stash. In which case, I really don't want my only option to be taking it to a dealer and getting clobbered. I'd rather sell it all at a premium as I've been able to do with a roll here and a roll there already.[/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
>
Bullion Investing
>
Help! Is this counterfeit?
>
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...