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JUST A QUESTION ABOUT EBAY's Buffalo and Walking Eagle Art Bars !
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<p>[QUOTE="10gary22, post: 967337, member: 23626"]There is nothing wrong with them at all. They are not "Legal Tender" so banks will not accept them. They must be traded through a coin dealer, pawn shop, bullion broker or private party in order to convert them to cash. In other words, you can't spend them, they must be sold or traded.</p><p> </p><p>Now, realize that Banks do not offer any premium on Silver or Gold coins either. What was said is that a bank will give you only $20 for a $20 gold coin that may have a value of $1300. Banks can only give you the "face" in exchange for currency.</p><p> </p><p>As an added thought, NEVER let any dealer offer to store the bullion or coins they sell you. Always take possession and have the item in hand. Get your own vault box. Dealers in the past have been known to sell the same items to several people. So when the buyers went for delivery, the item could not be handed over. Believe me, if you can't hold it, you don't own it.[/QUOTE]</p><p><br /></p>
[QUOTE="10gary22, post: 967337, member: 23626"]There is nothing wrong with them at all. They are not "Legal Tender" so banks will not accept them. They must be traded through a coin dealer, pawn shop, bullion broker or private party in order to convert them to cash. In other words, you can't spend them, they must be sold or traded. Now, realize that Banks do not offer any premium on Silver or Gold coins either. What was said is that a bank will give you only $20 for a $20 gold coin that may have a value of $1300. Banks can only give you the "face" in exchange for currency. As an added thought, NEVER let any dealer offer to store the bullion or coins they sell you. Always take possession and have the item in hand. Get your own vault box. Dealers in the past have been known to sell the same items to several people. So when the buyers went for delivery, the item could not be handed over. Believe me, if you can't hold it, you don't own it.[/QUOTE]
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JUST A QUESTION ABOUT EBAY's Buffalo and Walking Eagle Art Bars !
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