Client Wants 1000 2013 Silver Eagles.

Thanks for the links guys. Will be looking into it. Guy is not in a hurry which makes it tougher on my part as silver jumps around.

Funny thing is that the person that wants the coins is a multi million dollar oil person. He is going through a stamp guy that does not do internet stuff (he is not quite worth a million unless you count his stamp business). So the stamp guy is going through me for the coins. I will be marking them up some and the stamp guy will also. Therefore, the client will be paying around $33 each.

Money will be given up front at least. Oil guy to stamp guy to coin guy.

Odd for sure.

On a different note, this stamp guy gets odd clients. I had him buying a 1926s Wheat cent every week for 3 months for $15 each. I was made an average of $7 per coin. He was selling them to a client for $30 each. Mind you this was 1 client buying all of these for way over book value.

The sad thing is that most of the stamp guy clients are older people that don't use computers and have the extra money to spend. He may be a self-made millionare but that is just from finding oil on his property and them buying the surrounding properties with the profits and finding more oil. Not much knoweldge needed for that, just luck.

I know the stamp guy told him $35 each and he countered at the $33.

Well this thread took an unexpectedly sad turn.

First off, we're all familiar with this here thing called the Interwebs so I see no point in "calling anyone out" or pointing fingers. Sometimes things are best politely taken with a grain of salt. At worst, well, some threads were meant to be ignored.

Second, I think it's important to remember that this site has both coin buyers *and* sellers. The story behind this thread was rather interesting until the specifics of the "deal" were revealed. While we all appreciate a well negotiated transaction, price gouging (or the appearance there of) is a real sore point with many members. Giving benefit of the doubt to the OP, I think it was unwise to discuss price without providing additional context as to the "value added" service you were providing to justify such a premium per coin. However, bragging about taking advantage of someone's ignorance is unlikely to get much approval around here. Enough about that.

BUT...getting back to what I was originally going to post. To the question someone posted about why the buyer wouldn't be savvy enough to just buy coins on the Internet, there is a type of person, often smart and successful, and "yes" of a certain age, who would never ever make a serious business transaction over the Internet. For this person, such transactions require personal, face to face communication with their chosen broker or dealer or financial advisory or CPA or whatever. For this person it's less about price and more about the relationship with the person on the other side of the transaction. Such buyers are rare in this day and age, but a few are still out there.

Don't worry about it, E. People are generally pretty fair on this site. People get treated the way they deserve, for the most part. You're new but once members know you're not either selling something or trolling, you'll fit in fine.

goldmart currently has them for
$22.93 each

Well the money is on its way, It will probably be a week or so before I get a check then I will check out prices from the websites.

At todays price, I am at a 10% markup and my stamp guy is at a 20% markup. Now the % can change depending on what slver does next week. I am getting min. 5% markup even if silver jumps high.

Please keep us update. I also hope all will go well for you.