Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Slabed silver eagles
>
Reply to Thread
Message:
<p>[QUOTE="medoraman, post: 1320975, member: 26302"]Even if this scenario was true, it still sounds like a poor financing options since most dealers would pay him spot I imagine for slabbed ASE in any grade. "making enough money" is always a fool's thought in business, there is never "enough money" to be made, you have to maximize every transaction.</p><p><br /></p><p>Sorry that is just a pet peeve of mine. We bought another plant a year ago, and when going over their operations they claimed they "made enough money" on one aspect of the business so never worried about another aspect. Unless they are tied together somehow, or overall customer satisfaction is involved, ALWAYS MAXIMIZE EVERY TRANSACTION. Business has so many things can go wrong, and most are to the downside, that any business passing up easy profits are almost guaranteeing themselves to lose in the long run.</p><p><br /></p><p>Just my opinion. Maybe I am too hardened from business.....</p><p><br /></p><p>Chris</p><p><br /></p><p>Edit: Btw Cloud I do not disagree with your point about moving cash quickly, I guess I am assuming that ASE, even lower priced, in a slab or raw usually have a base floor dealer to dealer at melt. I have never seen ASE without a premium for sale, and was offered slightly above melt once when I was talking to a dealer about sell prices. If that is incorrect, and the best price the dealer you bought from could get was to sell to you, then I retract my argument against his actions.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1320975, member: 26302"]Even if this scenario was true, it still sounds like a poor financing options since most dealers would pay him spot I imagine for slabbed ASE in any grade. "making enough money" is always a fool's thought in business, there is never "enough money" to be made, you have to maximize every transaction. Sorry that is just a pet peeve of mine. We bought another plant a year ago, and when going over their operations they claimed they "made enough money" on one aspect of the business so never worried about another aspect. Unless they are tied together somehow, or overall customer satisfaction is involved, ALWAYS MAXIMIZE EVERY TRANSACTION. Business has so many things can go wrong, and most are to the downside, that any business passing up easy profits are almost guaranteeing themselves to lose in the long run. Just my opinion. Maybe I am too hardened from business..... Chris Edit: Btw Cloud I do not disagree with your point about moving cash quickly, I guess I am assuming that ASE, even lower priced, in a slab or raw usually have a base floor dealer to dealer at melt. I have never seen ASE without a premium for sale, and was offered slightly above melt once when I was talking to a dealer about sell prices. If that is incorrect, and the best price the dealer you bought from could get was to sell to you, then I retract my argument against his actions.[/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
>
Slabed silver eagles
>
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...