Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
What are the signs of a Good Gold Dealer?
>
Reply to Thread
Message:
<p>[QUOTE="Blissskr, post: 2215004, member: 34882"]A good gold dealer gives you real gold for your money at reasonable premiums and will buy the gold back at a reasonable price. I think buying back is the biggest part and I've heard quite a few people on this forum advocate that anyone collecting numismatics actually not only just buy but sell a few coins here and there to get a feel for what the process is like. I think that also applies to anyone simply stacking bullion. </p><p><br /></p><p>In fact I often think that many of the silver is silver, gold is gold minded stackers have never tried to sell any of that generic bullion or scrap that they advocate buying because the premiums are lowest. Learning to sell is an important part of not only the numismatic hobby but for stackers as well as it can help you develop a good relationship with a dealer but also provide realistic expectations for liquidating. I've been in my local shop a few times where people not only come in and expect to buy ASE, AGE and 90% junk at spot prices and it's funny listening to the dealer explain why they don't sell at spot prices. The same goes for people selling generic bullion who expect to get spot price for it in return or more when generally that simply doesn't occur.[/QUOTE]</p><p><br /></p>
[QUOTE="Blissskr, post: 2215004, member: 34882"]A good gold dealer gives you real gold for your money at reasonable premiums and will buy the gold back at a reasonable price. I think buying back is the biggest part and I've heard quite a few people on this forum advocate that anyone collecting numismatics actually not only just buy but sell a few coins here and there to get a feel for what the process is like. I think that also applies to anyone simply stacking bullion. In fact I often think that many of the silver is silver, gold is gold minded stackers have never tried to sell any of that generic bullion or scrap that they advocate buying because the premiums are lowest. Learning to sell is an important part of not only the numismatic hobby but for stackers as well as it can help you develop a good relationship with a dealer but also provide realistic expectations for liquidating. I've been in my local shop a few times where people not only come in and expect to buy ASE, AGE and 90% junk at spot prices and it's funny listening to the dealer explain why they don't sell at spot prices. The same goes for people selling generic bullion who expect to get spot price for it in return or more when generally that simply doesn't occur.[/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
>
What are the signs of a Good Gold Dealer?
>
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...