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Seeking Opinions About Selling Silver...

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Author Previous TopicReplies: 32 / Views: 4,095Next Topic Page 3 of 3
Valued Member
United States
314 Posts
 Posted 04/21/2011  06:28 am  Show Profile   Bookmark this reply Add ayejay1974 to your friends list
@Danester There is an option to send money via gift in Paypal. This option does not charge the seller the 3% sales fee, nor does it charge the buyer. However, make sure you trust the seller, you are not covered under their buyer protection when using this option.
Pillar of the Community
Mexico
1304 Posts
 Posted 04/21/2011  11:53 am  Show Profile   Bookmark this reply Add harrison2 to your friends list
Danester, get cracking with some posts...took me a while to get enough to sell, but it's worth it. So far, nothing but the best experiences with selling and buying on CCF. When you are ready to sell, drop me a line.
Valued Member
United States
287 Posts
 Posted 04/21/2011  12:59 pm  Show Profile   Bookmark this reply Add jimineez to your friends list
Hold it!
I honestly think I have a better solution than a refiner or ebay...
APMEX isn't bad, likely better than ebay or midwest, but my favorite place is provident metals. They will pay you about 98% of melt value for the 90%, and 94-95% for the 40%, and all you have to do is pay registered shipping to them. You'll get a check in a week or so after shipping.
ebay fees are way high.
90% is way low.
Provident is awesome.
Pillar of the Community
United States
7194 Posts
 Posted 04/21/2011  1:24 pm  Show Profile   Bookmark this reply Add muddler to your friends list
Jimineez, thanks for bringing up the Provident metals option. Their sight clearly outlines what they will pay for metal items. My desire of liquidating my 40% looks good here. Is there a registration or membership fee involved with using them?
Pillar of the Community
Mexico
1304 Posts
 Posted 04/21/2011  3:04 pm  Show Profile   Bookmark this reply Add harrison2 to your friends list
Wow, that is good pricing...

Have you sold to them personally, or just read the website and are passing along some good information?
Pillar of the Community
United States
3670 Posts
 Posted 04/21/2011  3:11 pm  Show Profile   Bookmark this reply Add Silverhawk74 to your friends list
Oh well Fredd, so much for that plan. I hate it when a plan "does not" come together, to steal a quote from Hannibal on A-team, lol....

What about with gold Fredd? Seems like those little 3/4 a gram Liberia coins I have would be subject for much melt? I know the three I bought, the dealer told me he was happy someone one get them that appreciates them for what they are, instead of having to melt them down. I don't see many on ebay anyway, and if many of those get melted, who knows. Unlikely, but one just never knows what the future may bring eh....
Edited by Silverhawk74
04/21/2011 3:14 pm
Pillar of the Community
United States
4008 Posts
 Posted 04/21/2011  9:27 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list
Thanks, Silverhawk. Good buy on that "junk" for your collection. I agree with you that it will look great once it is cleaned up a little. How about posting a pic of that?
Rest in Peace
United States
9104 Posts
 Posted 04/22/2011  03:24 am  Show Profile   Bookmark this reply Add biggfredd to your friends list
sh-

Most non-US NCLT have low mintages, but also few collectors.
Valued Member
United States
287 Posts
 Posted 04/25/2011  11:25 pm  Show Profile   Bookmark this reply Add jimineez to your friends list
sorry for the delay guys...
Yes, I have sold to them, no BS, no hidden fees, price locked during the phonecall, send it the next day, get your $$ in a week or so!
Pillar of the Community
Mexico
1304 Posts
 Posted 04/26/2011  6:38 pm  Show Profile   Bookmark this reply Add harrison2 to your friends list
Good to know....mighty tempting.
Pillar of the Community
United States
2764 Posts
 Posted 04/27/2011  4:24 pm  Show Profile   Bookmark this reply Add SA4H to your friends list
Currently, there's another solution that may be better than all the other....

I got the email from APMEX and here's the main part

"We Want These Products:
We will pay you $38.00 over the current spot price of Gold for your Gold American Eagles. ANY year, ANY quantity! Gold American Eagle

We will pay you $3.00 over the current spot price of Silver for your Silver American Eagles. ANY year, ANY quantity! Silver American Eagle

We will pay you $1,250.00 for your 2010 America The Beautiful 5 oz. Silver coin sets. America The Beautiful Set


Once we have purchased enough of these products to meet our current demand, this offer will end! YOU MUST ACT NOW!

Simply call our Purchasing Department toll free at 800.375.9006 between 7:00 a.m. and 5:00 p.m. CDT to lock in your prices right now. At APMEX, we make it easy and hassle free to buy and sell U.S. Mint bullion coins."


No mention of 40% or 90% but I am pretty sure they will also buy.... contact them and ask for:

Clint Hughes
Senior Vice President of Marketing
The American Precious Metals Exchange
Rest in Peace
United States
9104 Posts
 Posted 04/27/2011  9:14 pm  Show Profile   Bookmark this reply Add biggfredd to your friends list

Quote:
Yes, I have sold to them, no BS, no hidden fees, price locked during the phonecall, send it the next day, get your $$ in a week or so!


I miss the good old days. Confirm a few thousand dollars worth of gold 8pm saturday, have a check from California to Ahia 10ayem monday, ship the gold later that day.
Valued Member
United States
287 Posts
 Posted 05/01/2011  12:05 am  Show Profile   Bookmark this reply Add jimineez to your friends list

Quote:
I miss the good old days. Confirm a few thousand dollars worth of gold 8pm saturday, have a check from California to Ahia 10ayem monday, ship the gold later that day.


Who was sending you money before you even shipped the metal?
Rest in Peace
United States
9104 Posts
 Posted 05/01/2011  07:21 am  Show Profile   Bookmark this reply Add biggfredd to your friends list
COC/knowns (check on confirmation to known dealers) is standard operating procedure in the industry. If it wasn't, the business would grind to a halt.

Everyone on the 600-dealer system had to be recommended by someone already on it, and agree to pay within 48 hours, unless terms of the deal were otherwise. Violate that, and you're gone.

On bullion/scrap deals, COC meant as soon as you confirmed how much you're sending, the other party sends a check, and they cross in the mail. This also could be used for drop shipping, where dealer A buys from dealer B and the coins are shipped to dealer C. A sends B a check, and C sends A a check, while B sends C the loot.

After a run of uneventful transactions, the dealer I mentioned sent me the usual fast check, and it bounced. I went on broadcast and asked what was going on. Another dealer said he knew the one I was selling to was having money problems, just relax and he'd take care of it.

He drove 30 miles to the other dealer, said "Bigg Fredd's my bud, and you don't screw my bud." He picked up the $4000 or so in cash, and mailed me a bank check.

Think of it as feedback with teeth.

I had another dealer, in PA, who I sold a bag or two of silver a week. I'd call him friday evening and get a buy price good until monday noon. I'd buy over the weekend at a show(s), then call him monday to let him know how much was coming.

By thursday, I'd have his check, and typically, he'd have the silver. We'd confirm receipts on friday's call and do it all over.
Pillar of the Community
United States
4008 Posts
 Posted 05/01/2011  8:03 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list

Quote:
Think of it as feedback with teeth. - BiggFredd

Lol, it was that for sure! Growl, CHOMP!

Glad to hear that it was straightened out and had a happy ending.
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