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Replies: 23 / Views: 4,171 |
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Bedrock of the Community
13014 Posts |
Just whatever you do for craigslist buys dont give them your address and dont go to someones house. Keep the meetings very public preferably a police station parking lot. Theres always a risk of robbery with such sales and dealing with silver or gold the chance greatly increases. Better to be over cautious than wish you had been more cautious
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Rest in Peace
United States
3 Posts |
I visit 2 pawn shops and their coin prices are retail prices....PLUS then they charge $1 (why-?) and a 7.375% sales tax. It's not worth it. I did score once....an 1861 Seated Liberty half in VF for $20 ($21.48 w/tx).
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Pillar of the Community
United States
2764 Posts |
Craigslist deals are locally and it's all depend on your location (region). All precautionary suggestions are good though. Finding great deals now a day is rare, far and wide between.... you don't expect to get things at 25% or more below actual price.... I sometime find deals that are about 10% below (and consider that a good deal) - if encounter enough of this, one can make a fortune; however, if it happened all the time then it's no longer special nor consider a great deal, right? In the last 6yrs or so, I only recall 2 great deals and of significant value but it required me driving great distant (1 to 2hrs, when gas was less than $3/gallon). I found it's very inspiring that someone actually making a living via Craigslist (not through PM but mostly appliances): http://recraigslist.com/ This is something for one to think about if he live in a large metro area. I've always thought of this (as a source for additional income) but not as full-time or make a living out of it.
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Pillar of the Community
United States
4008 Posts |
Quote: I visit 2 pawn shops and their coin prices are retail prices....PLUS then they charge $1 (why-?) and a 7.375% sales tax. It's not worth it. Because they can? I agree, not a good deal there. My local pawn shop sells me 90% silver coins at spot, when he has some, and there is no tax on gold or silver in my state. In the past, I have been able to pick through a number of coins to find the ones that are in the best condition. All are bullion coins with no rare dates or anything but if I can pick out the best looking coins and then pay no more than for the beat up ones, that's a pretty good deal for any bullion coin collector. Quote: I did score once....an 1861 Seated Liberty half in VF for $20 ($21.48 w/tx). Very nice score on that one, Goose. Pics? 
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Valued Member
United States
200 Posts |
I have purchased junk silver on Craigslist for a decent price. But most of the times, the sellers are completely out of touch with reality. They will quote prices which they see quoted online but don't bother to see if it actually sold for that price! And selling on CL is an even bigger headache. You get swamped with all kinds of people with predictions of silver crashing in next few months and then offering to but at less than spot. I have got offers from anywhere between 10% less than spot to less than half of spot!
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Pillar of the Community
 United States
863 Posts |
Well at least 10%1400 less isn't too bad of an offer
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Pillar of the Community
United States
1511 Posts |
I've gotten some great deals in my area, after weeding out the scam-artists... I give them a good piece of my mind.. Someone tried to tell me that my buddies (I'm selling for him) MS graded (common) Morgans weren't worth spot... And offered $15 each, and tried to convince me I was dumb for not accepting.... He got a good email from me  .. Ending with "hope your proud for trying to rip off the unsuspecting/un-knowledgeable, have a good night and may you rot in h€||"... They don't like me much... Then I flag there "offer/wanted" adds... I like buying because I offer fair prices for what they have, And they usually thank me and give me a deal for being nice/"charming".... selling... Not so much... Anytime I buy/sell coins on there I bring a friend, my dog (a staffy) and my LTC... If someone tries to rob me there in for a really bad day... I just picked 2 Indian heads, 1866 & 67 (good shape but liberty worn off) for pretty cheap, well, really cheap... As well as a few Morgan's.. I have a lot of 450+ extra wheat's listed right now, after all the bogus offers I got someone giving me 52 wheats I need for my folder (ya, it's pretty empty right now...) as well as $... If you have the patience to deal with ripoffs one can find some good deals.. I love the people that say "I'm out of the country now, but I'll send a check/PayPal and have an "agent" pick up the goods".... My response is always.. "well send your "agent" the money then and have them bring me cash"... And then I never hear back Theres a lady in my area with an UNBELIEVABLE collection of coins, silver gold and platinum for sale, but she's sick of the rediculious offers so she's going to be listing on ebay now... Keep your eyes open as she has some really nice items...If I had 10k laying around I'd buy it all in a heartbeat...
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Pillar of the Community
Mexico
1304 Posts |
NathanASE, mind turning on PMs on your profile? I'd be interested in knowing her ebay id.
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New Member
United States
15 Posts |
I answered an add on CL. It was for a local pawn shop. He had 42 liberty half dollars. 10.00 each. I snagged them all. That's been my only luck on CL.
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Valued Member
United States
300 Posts |
A couple of weeks ago I picked up $26.60 face of 90% for a good price, it was the first time in a loooong time that one of my want add's paid off.
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Valued Member
United States
117 Posts |
Well, I live in Los Angeles, Between Downtown and Hollywood. I never get any answers for my ads of buying 90% silver U.S. coins or bars or anything. I guess due to so many people that are tying to buy, the sellers are overwelmed. I've probably gotten 75% of all my silver throu CL. All are from people selling. I've noticed that with people that leave a phone number on their ad, always answer or they call back fairly quickly. There are a lot of dealers and pawnshops that advertise in my area so it's a pain to go through CL sometimes, but it's worth it.
I've gotten some great deals on CL, better then any conventions or shop deals.
I've heard stories and read news articles about bad situations from CL, but I've never had a problem. Meet everywhere, from people's homes to banks to starbucks to gas stations to malls. Once in the parking lot of a casino. Someday, I'll probbaly get robbed and shot, but in the mean time, I'm going to be working these great deals. HAHA.
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Pillar of the Community
United States
4008 Posts |
Quote: Someday, I'll probbaly get robbed and shot, but in the mean time, I'm going to be working these great deals. HAHA. Well, we all sure hope that this doesn't happen but... consider that ONE deal gone wrong completely outweighs a lifetime of "great" deals.
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Valued Member
United States
200 Posts |
CL has been a mixed experience for me. I did manage to some some sterling silver coins at around the same price they sell on ebay. But I have been trying to sell 90% coins at a little less than spot and haven't been able to sell them yet. Don't know if I am pricing it too high or what? I live in NJ/NYC area, so I thought there will be plenty of people interested in buying here.
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Valued Member
United States
117 Posts |
I'm not to worried about that one deal. It's like life, if it comes, it comes. Why worry about it when you can enjoy it. And it's not like I plan to take it all with me to the grave. I'm hoping to surprise the poop outta my bro/sis when I kick the bucket and they each open their own SDBs. It'll be my last Zing. :)
To bad your not in my area, you probably would have sold within the day. I'd be lucky to find anything under spot. Usually it's spot, or a little more due to a long drive, which I don't mind, since it's usually cheaper then shipping and any of fees, but I usually see just one every month or so, if I'm lucky maybe more. I've lost a bunch of great deals for being slow. I guess it just depends on the area. In Los Angeles, everything is usually priced high and everything cheap is gone. And I've seen tons of fake mexican coins and fake bullions as well. Gotta love having a magnet around for those times, which I keep in my wallet. And I carry a scale with me for transactions, and my red/blue book for basic info about the coins I'm buying, since I usually only buy 90% junk, since I haven't seen or heard about someone making fake ones. At least not I've seen or noticed so far. But that's the risk with CL.
I'm not saying to use CL but I'm also not saying to not use CL. Just do what you want, if you feel comfortable. If I lived in a safer neighborhood, I probably wouldn't worry all to much, so it just depends on everything, I guess.
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Pillar of the Community
United States
4008 Posts |
Quote: I'm not to worried about that one deal. It's like life, if it comes, it comes. Why worry about it when you can enjoy it. Not saying that we should worry about it but that none of us should be stupid about it and walk right into a trap. There ARE smart ways to operate and there are not so smart ways to operate. Just be smart about what you are doing. 
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