Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
What are you all paying for 90% junk?
>
Reply to Thread
Message:
<p>[QUOTE="tpsadler, post: 2310279, member: 9860"]People should think when buying or selling 90% they are dealing in a different market than Collector Coin Markets. If you were to buy $10 face of 90% for $110 (11X) would you be willing to sell it for $90 because the market has driving down the market to 9x. Probably not, now you may want to be a buyer at 9x so you can now can sell $20 face at 10x. That kind of thinking will allow you to breakeven (You may be in the market for a bigger truck too). What level sellers can move product if they are to stay in business must make some level of profit, maybe as seller in this case 11.75x make sound good, that is the long and short of the bullion market. The question bullion buyers and sellers have to ask how long do I intend to hold and at what level can they can sell what has been purchased.</p><p>Bullion versus Collector Coins IMO are and must be calculated with a much different intent of time in the market and the worth or intent of ownership. Just because someone wants 14x probably (or they do not understand the market) means they planned the market wrong and what it is going take to sell their stock, not they want to rip anyone off. They just cannot justify the purchase of a bigger truck at this time <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="tpsadler, post: 2310279, member: 9860"]People should think when buying or selling 90% they are dealing in a different market than Collector Coin Markets. If you were to buy $10 face of 90% for $110 (11X) would you be willing to sell it for $90 because the market has driving down the market to 9x. Probably not, now you may want to be a buyer at 9x so you can now can sell $20 face at 10x. That kind of thinking will allow you to breakeven (You may be in the market for a bigger truck too). What level sellers can move product if they are to stay in business must make some level of profit, maybe as seller in this case 11.75x make sound good, that is the long and short of the bullion market. The question bullion buyers and sellers have to ask how long do I intend to hold and at what level can they can sell what has been purchased. Bullion versus Collector Coins IMO are and must be calculated with a much different intent of time in the market and the worth or intent of ownership. Just because someone wants 14x probably (or they do not understand the market) means they planned the market wrong and what it is going take to sell their stock, not they want to rip anyone off. They just cannot justify the purchase of a bigger truck at this time :)[/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 you all paying for 90% junk?
>
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...