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Buying Gold/Silver Face To Face Tips Advice War Stories

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First Page  Showing last 15 replies.
Author Previous TopicReplies: 27 / Views: 2,971Next Topic Page 2 of 2
Forum Dad
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United States
24175 Posts
 Posted 06/24/2023  09:30 am  Show Profile   Bookmark this reply Add bobby131313 to your friends list
You know when the zombie apocalypse hits no one will care about precious metals at all right?
Pillar of the Community
United States
2248 Posts
 Posted 06/24/2023  09:42 am  Show Profile   Bookmark this reply Add livingwater to your friends list
Food, water, shelter are more important than silver/gold in a SHTF scenario. But I have a few Zombucks silver rounds just in case LOL.
New Member
United States
23 Posts
 Posted 06/24/2023  10:41 am  Show Profile   Bookmark this reply Add rockwind1 to your friends list
Hey, what about werewolf zombies! That silver could be melted into bullets!!
New Member
United States
23 Posts
 Posted 06/24/2023  12:29 pm  Show Profile   Bookmark this reply Add rockwind1 to your friends list
@livingwater

I am good as far as budgeting, (strong like bull!)
I bought quite a bit back many years ago and now revisiting. Shocked by premiums. It's like the premiums have gone up about four times more than gold did. I think I'm gonna invest in premiums instead of the gold.
Pillar of the Community
United States
2049 Posts
 Posted 06/24/2023  1:01 pm  Show Profile   Bookmark this reply Add CoinHunter53562 to your friends list
When buying/selling online, here are a few tips I have used. I have done close to 100 deals between PMs, coins, and firearms/ammo over the past 15 years or so.

1) do not use your real name on your email
2) do not use your real phone number if possible - get a burner phone or number (you can get one for $5/month with a 1-year subscription)
3) meet in a public place during daylight hours - bank, police station, library, etc.
4) bring a friend if you can
5) once you have completed the deal, do not go straight home - make some stops along the way and take an alternate route home. Make sure you aren't being followed.
6) don't give out too much information about what you have or your purpose for buying the items - it's not the other person's business

Others already gave good advice on dealing with possible fakes, so the above suggestions are under the assumption that you have that covered.
Pillar of the Community
United States
6394 Posts
 Posted 06/25/2023  01:50 am  Show Profile   Bookmark this reply Add Jaobler to your friends list
For one reference point, I recently offered a 1906 gold Liberty eagle for sale at my local coin shop; they offered $880 for it which was around $60 less than the current gold content value. The coin was circulated with edge damage so it was just a bullion piece.
Valued Member
United States
240 Posts
 Posted 06/25/2023  09:11 am  Show Profile   Bookmark this reply Add kennedy759 to your friends list
my favorite tool when buying face to face is a pocket scale, turned down a sale due to under weight
New Member
United States
23 Posts
 Posted 06/25/2023  09:26 am  Show Profile   Bookmark this reply Add rockwind1 to your friends list
@coinnhunter53562

you sound sooo much like a gentleman I recently did a transaction with. he told me a lot of the same things. nice guy, retired merchant marine. I had been doing most but I think I will up my "tradecraft" to another level just to be careful

which burner phone to you prefer?
New Member
United States
23 Posts
 Posted 06/25/2023  10:09 am  Show Profile   Bookmark this reply Add rockwind1 to your friends list
@kennedy759

i have one, goes out to 2 decemals places for grams. my old one I had for years absolutely sucked compared to this new 14$ Amazon special. what a difference
New Member
United States
23 Posts
 Posted 06/25/2023  10:12 am  Show Profile   Bookmark this reply Add rockwind1 to your friends list
@jaobler

i assume that was a 10$ coin?
Pillar of the Community
United States
6394 Posts
 Posted 06/25/2023  1:02 pm  Show Profile   Bookmark this reply Add Jaobler to your friends list
Rockwind1: yep, a US $10 Liberty gold piece.
New Member
United States
23 Posts
 Posted 06/25/2023  11:32 pm  Show Profile   Bookmark this reply Add rockwind1 to your friends list
@jaobler

wow,, so they would resell the same coin for 250 over spot,, so making 310 on one coin transaction is pretty good
Pillar of the Community
United States
3343 Posts
 Posted 06/26/2023  10:27 am  Show Profile   Bookmark this reply Add thq to your friends list
Depends on your dealer rockwind1. The LCS I use resells junk eagles for $50-100 over spot. I have bought gold nuggets with inclusions there for 20% under spot - but would resell them for much less than that. Nuggets fall more into the category of collectables than bullion.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
Edited by thq
06/26/2023 10:29 am
New Member
United States
23 Posts
 Posted 07/01/2023  10:25 am  Show Profile   Bookmark this reply Add rockwind1 to your friends list
@thq

thanks, I thought this thread had died. I don't get notifications of new posts
Pillar of the Community
Portugal
674 Posts
 Posted 07/01/2023  5:57 pm  Show Profile   Bookmark this reply Add jecz79 to your friends list
Demand for american gold coins seems to me unusually high. Just saw 12 double eagles that were on sale for 2000€ in a local shop suddenly being bought. Mostly late libertys. Same buyer, or so the owner told.

These were coins I had passed over as not being worth saving from sending to melt. Did not think he would find buyers. He did even as metal prices come down. Odd.
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