Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
When selling GOLD don’t do this !!
>
Reply to Thread
Message:
<p>[QUOTE="mpcusa, post: 24769059, member: 26550"]Went to one of my LCS, and just to let you know I don’t buy there anymore because </p><p>this guy tried to low ball me on some 10 OZ</p><p>Silver bars as part of my silver liquidation </p><p>last year so just as a browser there now </p><p>actually do my local purchases a few more </p><p>mikes away.</p><p><br /></p><p> But this is what I observed yesterday when </p><p>I stopped in, so a guy walked in with 3 Type 2 eagles and the man at the counter </p><p>asked him what he wanted for them, he said he wanted spot, WTH !! obviously the </p><p>guy was a novice when it comes to selling </p><p>Non generic GOLD as when you go to buy </p><p>you are charged a premium well guess what when you go to sell the same applies </p><p>except non branded GOLD ( generic ) but for example Krugerrand s are 2-4 % over </p><p>spot eagles and buffalos are 8-10 % and </p><p>always take that in to consideration if and when you decide to sell, as the dealer is </p><p>probably not going to say anything, I know </p><p>this guy won’t and he didn’t !! so this guy </p><p>walked out leaving a few hundred dollars </p><p>on the table <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie3" alt=":(" unselectable="on" unselectable="on" /> </p><p><br /></p><p>I would say most dealers are honest but </p><p>it’s always good to shop the best buyer </p><p>for your GOLD to get the highest premium.[/QUOTE]</p><p><br /></p>
[QUOTE="mpcusa, post: 24769059, member: 26550"]Went to one of my LCS, and just to let you know I don’t buy there anymore because this guy tried to low ball me on some 10 OZ Silver bars as part of my silver liquidation last year so just as a browser there now actually do my local purchases a few more mikes away. But this is what I observed yesterday when I stopped in, so a guy walked in with 3 Type 2 eagles and the man at the counter asked him what he wanted for them, he said he wanted spot, WTH !! obviously the guy was a novice when it comes to selling Non generic GOLD as when you go to buy you are charged a premium well guess what when you go to sell the same applies except non branded GOLD ( generic ) but for example Krugerrand s are 2-4 % over spot eagles and buffalos are 8-10 % and always take that in to consideration if and when you decide to sell, as the dealer is probably not going to say anything, I know this guy won’t and he didn’t !! so this guy walked out leaving a few hundred dollars on the table :( I would say most dealers are honest but it’s always good to shop the best buyer for your GOLD to get the highest premium.[/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
>
When selling GOLD don’t do this !!
>
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...