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Thoughts On Selling Bullion

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Libertad's Avatar
Canada
3692 Posts
 Posted 04/15/2015  8:44 pm  Show Profile   Bookmark this reply Add Libertad to your friends list Get a Link to this Reply
The Force: It depends on the jeweller. If they are smart they will not buy it or they will give you the price they buy it for, as they can source it for much cheaper at other places - they have better prices in general plus they deal in volume. Since you're talking about SILVER, they probably won't buy it because silver is too cheap to make any money off it unless they are mass-producing. Silver is just not "in" right now. Some people adore it, but that's not the rule it's the exception. Imported stuff is too hard to compete with because Western governments stupidly lowered the import tax. You're better off selling privately if you have that kind of patience because you simply don't have a retail store to command such a price - you have no overhead to justify what you want for it. My Two Cents.
Pillar of the Community
TheForce's Avatar
United States
4870 Posts
 Posted 04/15/2015  9:05 pm  Show Profile   Bookmark this reply Add TheForce to your friends list Get a Link to this Reply
Just for the sake of discussion, this is what I have:

2014 Libertad
2014 Britannia
2015 Britannia
2012 Canada Maple Leaf (Moose)
2014 Maple Leaf
2015 Maple Leaf
2014 Silver Eagle
2015 Silver Eagle

But like I said, I am totally unsure what to do. Silver spot seems rather flat these days. I'm also not sure how much numismatic value these would have in addition to the silver content. Maybe I will just hang on to them for a while and see where silver goes. But I am not expecting much movement....
Edited by TheForce
04/15/2015 9:09 pm
Pillar of the Community
Libertad's Avatar
Canada
3692 Posts
 Posted 04/15/2015  10:20 pm  Show Profile   Bookmark this reply Add Libertad to your friends list Get a Link to this Reply
Best thing to do in my opinion is to find somebody willing to trade gram for gram (ASW). You'll get the better end of the deal that way, all depending on grade/wear. Since you're going for non-silver CAD you'll want the cash, though, right? Still in a pickle... Work out a trade here with your haves and your wants, that's what I would do.
Pillar of the Community
AgCoinAu's Avatar
Canada
3049 Posts
 Posted 04/15/2015  11:54 pm  Show Profile   Bookmark this reply Add AgCoinAu to your friends list Get a Link to this Reply
Please don't take this the wrong way Force... but if a fella approached me with what you had.. I would probably offer him around $170 if that's 8oz of pure silver
Valued Member
kg5's Avatar
Australia
491 Posts
 Posted 04/16/2015  01:14 am  Show Profile   Bookmark this reply Add kg5 to your friends list Get a Link to this Reply
I have a profit based endevour at present that is a winner already.

Can not sell bullion coins with the Queens head on them for a price I am happy with. No real interest at all.

But non bullion coin sales for me are very strong and have turned a large money short fall into very reachable project.

One bullion coin only has sold at $15 below purchase price. It was the price it was listed for.
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Debrajc's Avatar
United States
4211 Posts
 Posted 04/16/2015  2:25 pm  Show Profile   Bookmark this reply Add Debrajc to your friends list Get a Link to this Reply
What kinds of coins are you looking for Force? I collect world bullion and if you think you want to trade them I can check my stash if you want? Or if the price is in the $175 range I could buy them but that would be as much as I would want to pay right now. PM me if you have any interest and have a great day!!
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aardspeed's Avatar
921 Posts
 Posted 04/16/2015  7:24 pm  Show Profile   Bookmark this reply Add aardspeed to your friends list Get a Link to this Reply
Hopefully one of you jump on this then....

http://www.ebay.ca/itm/2015-Lot-of-...em487d4c5bbb



For 1 cent & $12 shipping to Canada, How can you go wrong?

He has a few 1cent auctions like this, but...



Thoughts-On-Selling-Bullion
Pillar of the Community
TheForce's Avatar
United States
4870 Posts
 Posted 04/17/2015  11:35 am  Show Profile   Bookmark this reply Add TheForce to your friends list Get a Link to this Reply
Not the appropriate forum for this aardspeed. Might want to remove it.
Valued Member
pamelajoe's Avatar
United States
55 Posts
 Posted 04/17/2015  4:48 pm  Show Profile   Bookmark this reply Add pamelajoe to your friends list Get a Link to this Reply
At the coin meeting I go to I have traded $10 in halves for $10 in dimes or quarters. I want to get about a $100.00 of small coins in case the world goes nuts and I have to barter for bread or beer. I have also traded 25 40% for $10 90%..
New Member
vvanme's Avatar
17 Posts
 Posted 04/18/2015  06:07 am  Show Profile   Bookmark this reply Add vvanme to your friends list Get a Link to this Reply
.may .it .be.with.you. ''just get "spot" price and not any numismatic premium`` on bullion? sounds rite
New Member
United States
8 Posts
 Posted 05/12/2015  10:00 pm  Show Profile   Bookmark this reply Add bamacrazy to your friends list Get a Link to this Reply
When I started reacquiring silver, I bought several rolls of 40% Kennedys. Later, I decided trade them for ASE's. My dealer accepted the 40's in trade, but at 2x face less than I paid. Lesson learned. Four rolls of 40's got me seven Eagles; 2-2000, 1-2001, 1-2002, 2-2007, 1-2009 and 6 1964 dimes. I'm happy with 90%, ASE, and maples for now.
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TheForce's Avatar
United States
4870 Posts
 Posted 05/21/2015  12:56 pm  Show Profile   Bookmark this reply Add TheForce to your friends list Get a Link to this Reply
I've actually decided to sell my stash. Already have it listed.
New Member
United States
8 Posts
 Posted 05/21/2015  2:38 pm  Show Profile   Bookmark this reply Add bamacrazy to your friends list Get a Link to this Reply
Good luck!
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