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<p>[QUOTE="Yacorie, post: 1243749, member: 25257"]I have a question that I often wondered about coin dealers moreso than pawn shops, since dealers always seem to offer fair prices when buying buillon coins in my experience. </p><p><br /></p><p>How long do you hold onto them? </p><p><br /></p><p> I realize that if you believe the market is going to continue to climb, you may hold onto them or hold onto some percentage of them because you think you'll make more money later. However, I would expect that some of them would be sold fairly quickly to recover some of your operating capital and so you're not left 'holding the bag' if the market does in fact take a hit. Lately, with the prices of silver and gold it seems that everyone at the shops around here is talking about the incredible volume they're seeing, much as you described in your previous post. I would think that it would be fairly easy to buy large volumes of PMs and turn them around quickly to make a profit. In times like these - is that how it typically works. You spend 20k on silver and gold buillon coins in 1 day - is it typically turned around and sold to your buyer quickly or does everything vary?</p><p><br /></p><p>I appreciate any insight you're willing to share - it's just something I've really been wondering lately[/QUOTE]</p><p><br /></p>
[QUOTE="Yacorie, post: 1243749, member: 25257"]I have a question that I often wondered about coin dealers moreso than pawn shops, since dealers always seem to offer fair prices when buying buillon coins in my experience. How long do you hold onto them? I realize that if you believe the market is going to continue to climb, you may hold onto them or hold onto some percentage of them because you think you'll make more money later. However, I would expect that some of them would be sold fairly quickly to recover some of your operating capital and so you're not left 'holding the bag' if the market does in fact take a hit. Lately, with the prices of silver and gold it seems that everyone at the shops around here is talking about the incredible volume they're seeing, much as you described in your previous post. I would think that it would be fairly easy to buy large volumes of PMs and turn them around quickly to make a profit. In times like these - is that how it typically works. You spend 20k on silver and gold buillon coins in 1 day - is it typically turned around and sold to your buyer quickly or does everything vary? I appreciate any insight you're willing to share - it's just something I've really been wondering lately[/QUOTE]
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