Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
I have an idea.
>
Reply to Thread
Message:
<p>[QUOTE="CamaroDMD, post: 1684359, member: 5233"]Although it's not bullion specific...this has been done and is done on CraigsList. The problem is...with no fees there is no insurance. There are scams everywhere and you risk being robbed or who knows what else.</p><p><br /></p><p>When you deal with an actual bullion dealer...either as a buyer or a seller you must "pay a fee" in a sense for the insurance you get. You don't run the risk of being ripped off and you are working with a reputable person. This person has costs they must recover...that is why they only pay 90% of melt and sell for 105%. That's the industry. This 15% swing you see is not for nothing...it's for the insurance you get when dealing with a reputable source.</p><p><br /></p><p>I'd rather "pay" that 15% than run the risk of having BIG problems.</p><p><br /></p><p>The bottom line is...nothing worthwhile is when it comes to PMs or coins in general. These are accepted costs you must take into account when investing.[/QUOTE]</p><p><br /></p>
[QUOTE="CamaroDMD, post: 1684359, member: 5233"]Although it's not bullion specific...this has been done and is done on CraigsList. The problem is...with no fees there is no insurance. There are scams everywhere and you risk being robbed or who knows what else. When you deal with an actual bullion dealer...either as a buyer or a seller you must "pay a fee" in a sense for the insurance you get. You don't run the risk of being ripped off and you are working with a reputable person. This person has costs they must recover...that is why they only pay 90% of melt and sell for 105%. That's the industry. This 15% swing you see is not for nothing...it's for the insurance you get when dealing with a reputable source. I'd rather "pay" that 15% than run the risk of having BIG problems. The bottom line is...nothing worthwhile is when it comes to PMs or coins in general. These are accepted costs you must take into account when investing.[/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
>
I have an idea.
>
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...