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Replies: 338 / Views: 21,545 |
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Rest in Peace
United States
9104 Posts |
Quote: Those of us that sell on ebay know that the prices of PM's always go down a LOT slower than they go up. The opposite is true in most markets. ebay is the exception, because some people set snipes and forget about them if the market tanks. There is also the auction mentality that says the true market price will win, and that the other guy isn't bidding too much. Get two bidders like that, and you get stupid high prices.
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Pillar of the Community
United States
4008 Posts |
Quote: I'd trade au for pt, as long as pt is cheaper. That won't last forever. I agree, Fredd, and would also trade Au for Pt... IF I had any Au, that is. As it is, my small bullion collection is all in Ag at the moment. Adding some higher priced metal to the collection would be good. 
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Pillar of the Community
United States
4008 Posts |
Quote: The true value of anything is only what a willing seller is willing to accept and what a willing buyer is willing to pay. BINGO! Give that man a cee-gar!  Quote: I guess the law of supply and demand has nothing to do with gold value... Actually, it has a lot to do with it but it is NOT the only thing that affects the gold price. It's more complicated than just that.
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Valued Member
United States
302 Posts |
I saw this on CL today: Quote:I have lots of; 90% silver, buffalos, some War Nickels, indians, a few thousand wheats & a couple of small gold coins. If interested, send me a price that you're willing to pay PER COIN. If I like your offer I will get back to you. So, I emailed him this: Quote: Hi, As per your ad on Craigs List, I will buy ALL of your 90% UNPICKED and UNSORTED silver for $1.69 PER COIN up to $x worth. mmerlinn Now I see his reply: Quote: Just so I understand, regardless of denomination, you will pay $1.69 each... correct? By the way, I've sorted & picked through my coins many, many times. And I am now sending this reply: Quote:Hi, I will pay $1.69 per coin for 90% U.S. silver coins, which of course are dated 1964 and earlier. Picking and sorting BEFORE your ad does not matter. All that matters is that I get whatever you have advertised. And that is assuming that they are complete coins, no holes, no clipping. And just to be clear, buffalos, War Nickels, indians, wheats, and gold coins do not qualify as 90% silver coins. mmerlinn Anyone want to give me the odds of buying this? All I know is what you see in the quotes, nothing more. For all I know he has only silver dimes. Or maybe only silver dollars. I have no clue what he has in silver.
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Pillar of the Community
Australia
7096 Posts |
Just go for the small gold jobbies mmerlin @ $1.69 and see how you go from there  
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Pillar of the Community
United States
3294 Posts |
I hate craigslist ads where they say they have stuff for sale, but will not tell you what exactly it is before you meet up. For all I know, they have one silver dime, and 15 junky wheats from the early 1950s, and of course they would probably ask $50.
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Pillar of the Community
United States
2168 Posts |
My opinion is that if a seller doesn't say exactly what it is I don't trust it and will just stay away from it. Usually when an honest person has an item it is fairly and honestly listed as to allow the buyer to know what they are buying
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Rest in Peace
United States
9104 Posts |
You can catch some real bargains, but it's like yard sales, lotsa dogs. I went to look at a little old lady's coin, which were about worthless, but I bought a killer stereo system, some models and a stack of magazines that I made great money on.
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Valued Member
United States
458 Posts |
I hope you get those coins for 1.69 lol
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Pillar of the Community
Canada
1502 Posts |
crossing my fingers for you mmerlinn, do keep us updated on the potential purchase, but you might have scared him off with actual knowhow
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Valued Member
United States
302 Posts |
And the saga continues. His reply: Quote: Where did you come up with a dollar 69? Trying to pick my brain, huh? No way, so my reply: Quote: Hi,
It's in my bank many times over.
mmerlinn
This dude is clueless. He knows nothing about PMs. He knows nothing about advertising. According to his CL ad he MUST be interested as he replied to me. And apparently no one else is interested in his miscatagorized and poorly written ad. And he keeps the dialog going when I figured he would never reply in the first place. 
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Rest in Peace
United States
9104 Posts |
Keep us posted--you may have run across a good deal.
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Pillar of the Community
Australia
7096 Posts |
Sounds like a great candidate to take to a Dinner for Schmucks  
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Pillar of the Community
Canada
1502 Posts |
poor guy, but then and again, his collection belongs to the deserving :)
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Pillar of the Community
United States
4008 Posts |
Indeed so. That reminds me of an old quote, "If you think education is expensive, try ignorance". 
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Replies: 338 / Views: 21,545 |