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<p>[QUOTE="tradernick, post: 214237, member: 648"]ATTN MODERATORS...feel free to edit or remove this post. I am trying to make a point, not pushing for a sale here. </p><p><br /></p><p>Silver Eagles are a screwy market and it seems like I'm often getting hammered by the wild spreads. When I NEED them for a customer etc other dealers try to charge me $1.50 over spot...that's for common date BU coins...not 07's, 96's, 86's, etc. But when I have some for sale I'm consistently offered spot or less. It's very aggravating and unpredictable so honestly I usually just try to avoid them. I can't be a fair buyer when the spreads change with the wind. </p><p><br /></p><p>If you're paying $3 over spot for common dates...you're overpaying! Stop it! lol. In this market unless you have special order even $1 over spot isn't a bargain. I have a group of 100 and I've been asking less than that and guess what? No takers. </p><p>I disagree with the theory that local coin shops are automatically higher than mail order etc. I generally sell for less (sometimes far less) than Coast to Coast and the others, but if a customer comes to me and specifically wants something I have to ORDER, the cost will certainly be more. </p><p><br /></p><p>Lastly, don't buy into the fearmongers stories about the end of society...conspiracy theroies existed long before any of us were born. I personally was selling to doomsayers in the 70's (bicentennial), the 80's (double digit inflation), the 90's (runaway stock market and y2k) and rumors of the impending birth of anarchy and chaos STILL abound...yet the world is still here, unchanged for the most part. Some people will always look for a reason to claim the sky is falling.</p><p>Yes precious metals should be included in anyones investment strategy but anyone who owns ONLY silver/gold, canned foods and shotguns needs therapy. </p><p><br /></p><p>imho,</p><p>tradernick[/QUOTE]</p><p><br /></p>
[QUOTE="tradernick, post: 214237, member: 648"]ATTN MODERATORS...feel free to edit or remove this post. I am trying to make a point, not pushing for a sale here. Silver Eagles are a screwy market and it seems like I'm often getting hammered by the wild spreads. When I NEED them for a customer etc other dealers try to charge me $1.50 over spot...that's for common date BU coins...not 07's, 96's, 86's, etc. But when I have some for sale I'm consistently offered spot or less. It's very aggravating and unpredictable so honestly I usually just try to avoid them. I can't be a fair buyer when the spreads change with the wind. If you're paying $3 over spot for common dates...you're overpaying! Stop it! lol. In this market unless you have special order even $1 over spot isn't a bargain. I have a group of 100 and I've been asking less than that and guess what? No takers. I disagree with the theory that local coin shops are automatically higher than mail order etc. I generally sell for less (sometimes far less) than Coast to Coast and the others, but if a customer comes to me and specifically wants something I have to ORDER, the cost will certainly be more. Lastly, don't buy into the fearmongers stories about the end of society...conspiracy theroies existed long before any of us were born. I personally was selling to doomsayers in the 70's (bicentennial), the 80's (double digit inflation), the 90's (runaway stock market and y2k) and rumors of the impending birth of anarchy and chaos STILL abound...yet the world is still here, unchanged for the most part. Some people will always look for a reason to claim the sky is falling. Yes precious metals should be included in anyones investment strategy but anyone who owns ONLY silver/gold, canned foods and shotguns needs therapy. imho, tradernick[/QUOTE]
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