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<p>[QUOTE="dpeter001, post: 549772, member: 17900"]<b>humbled new member</b></p><p><br /></p><p>I just found out - 5 years too late that several dealers I have talked to locally will not buy back the several oz of Gold american eagles for more than 10-15% over spot melted rate. I called USRCBR today (3/21/09) and they are trying to sell one oz coins for $4250 (price of gold today- KITCO is good source is approx $970-980/oz)</p><p>I doubt the MS-70 rating will get anyone 4 times the per oz price. I hear from my Oregon coin delaer they send thousands of coins to get a few rated by PCGS as MS 70 out of the batch- they have blazoned directly on their site they are selling these at 'melt down price.'- the 'salesman' simply said- that is our price.</p><p><br /></p><p>Please buy nothing from them - Google USRCBR and Gibson law firm to see the case in 2007 that involved an unsuspecting elder who got swindled to tune of 420 K (that's thousand, not Karats !) </p><p><br /></p><p>-Dave[/QUOTE]</p><p><br /></p>
[QUOTE="dpeter001, post: 549772, member: 17900"][b]humbled new member[/b] I just found out - 5 years too late that several dealers I have talked to locally will not buy back the several oz of Gold american eagles for more than 10-15% over spot melted rate. I called USRCBR today (3/21/09) and they are trying to sell one oz coins for $4250 (price of gold today- KITCO is good source is approx $970-980/oz) I doubt the MS-70 rating will get anyone 4 times the per oz price. I hear from my Oregon coin delaer they send thousands of coins to get a few rated by PCGS as MS 70 out of the batch- they have blazoned directly on their site they are selling these at 'melt down price.'- the 'salesman' simply said- that is our price. Please buy nothing from them - Google USRCBR and Gibson law firm to see the case in 2007 that involved an unsuspecting elder who got swindled to tune of 420 K (that's thousand, not Karats !) -Dave[/QUOTE]
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