Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
The crazy things that happen at the local coin shop.
>
Reply to Thread
Message:
<p>[QUOTE="Cherd, post: 24652579, member: 24754"]I haven't spent a whole lot of time in coin shops, but this is a story that sticks out in my mind:</p><p><br /></p><p>My brother and I saved up money for a down payment, scooped-up a cheap foreclosure house following the crisis back in 2011, remodeled it, and sold it for a bit of profit. We had the cash sitting in the bank and couldn't figure out what to do with it, so we thought we'd have a bit of fun speculating and decided to spend it on a 10 oz gold bar. </p><p><br /></p><p>I was still in graduate school at the time, dressed like a typical bum student, and drove a typical, junky, student car. I drove my old beater to a local coin shop with $13,000 cash in my backpack (it was 2013, gold was around $1200/oz). When I walked in, the guy running the place was leaning on the counter shooting the breeze with 4 other guys that had pulled up some fold-out chairs.</p><p><br /></p><p>I asked if he had a gold selection and he pointed at a case. I didn't see what I was looking for in the case, so I asked, "Do you have any 10 oz bars?". His response was, "Hah! Do you know how much that would cost?!", then he looked back at his friends and they all started laughing, cracking jokes about math, and so forth.</p><p><br /></p><p>Needless to say, I made my purchase elsewhere <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie11" alt=":rolleyes:" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="Cherd, post: 24652579, member: 24754"]I haven't spent a whole lot of time in coin shops, but this is a story that sticks out in my mind: My brother and I saved up money for a down payment, scooped-up a cheap foreclosure house following the crisis back in 2011, remodeled it, and sold it for a bit of profit. We had the cash sitting in the bank and couldn't figure out what to do with it, so we thought we'd have a bit of fun speculating and decided to spend it on a 10 oz gold bar. I was still in graduate school at the time, dressed like a typical bum student, and drove a typical, junky, student car. I drove my old beater to a local coin shop with $13,000 cash in my backpack (it was 2013, gold was around $1200/oz). When I walked in, the guy running the place was leaning on the counter shooting the breeze with 4 other guys that had pulled up some fold-out chairs. I asked if he had a gold selection and he pointed at a case. I didn't see what I was looking for in the case, so I asked, "Do you have any 10 oz bars?". His response was, "Hah! Do you know how much that would cost?!", then he looked back at his friends and they all started laughing, cracking jokes about math, and so forth. Needless to say, I made my purchase elsewhere :rolleyes:[/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
>
Coin Chat
>
The crazy things that happen at the local coin shop.
>
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...