Bullion Pricing? - Page 2 - Coin Community Forum

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Author	Replies: 22 / Views: 2,902	Page: of 2

angel2004 Pillar of the Community United States 2168 Posts	Posted 12/02/2011 10:50 pm But with the prices fairly stable how are you making much? (Aside from the 25 anniversary eagle set) Report this Post to the Staff
biggfredd Rest in Peace United States 9104 Posts	Posted 12/03/2011 09:40 am Not every transaction is a home run. If you average a steady 2% and turn your inventory weekly, you double your money in a year. Will your CDs match that? Report this Post to the Staff
angel2004 Pillar of the Community United States 2168 Posts	Posted 12/03/2011 10:33 am Just sounded like the poster was buying and selling quickly. Can't sell with a profit quickly in general. Report this Post to the Staff
poboxw Pillar of the Community Canada 1502 Posts	Posted 12/03/2011 11:11 am Quote: But with the prices fairly stable how are you making much? I am and am not at the same time. Commemoratives that I find at a good price can be flipped for at times 40%+ return, while the bullion coins break even or fetch slightly lower than what I paid for. All in all though, I am managing close to 10% in profit off of the items I have sold. It's a significant time commitment though, another reason I am looking into paper silver or mining stocks right now Report this Post to the Staff
angel2004 Pillar of the Community United States 2168 Posts	Posted 12/03/2011 11:50 am Its just your statement was short and didn't explain. Yes that makes more sense now. Report this Post to the Staff
mariospaghetti Valued Member United States 421 Posts	Posted 12/03/2011 12:09 pm Fairly dry here for me to scoop up a deal. I think I might have to venture into the city of Pittsburgh to see what I can maybe find at one of these other gold/silver buyers stores. I bet some of them are more jewelry place that get some coins in that I might be able to grab. I will check and let you know this week what I find. Report this Post to the Staff
angel2004 Pillar of the Community United States 2168 Posts	Posted 12/03/2011 12:12 pm Aren't there any local shops that have been around for a while? I am luckey to have one Report this Post to the Staff
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