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Replies: 26 / Views: 4,771 |
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Rest in Peace
United States
17900 Posts |
APMEX pays $34 less than their sell price for 1 ounce gold Maple Leaves. Call them, send photo of damage, offer them $300 for a trade of yours with problems for theirs without problems.
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Pillar of the Community
United States
5208 Posts |
Sorry to hear about your mishap. I don't do gold. But I do do silver and splurged 50¢ a piece for Airtites for my lowly $16 each silvers. If you have 8 oz gold well then . . . . . . 
Edited by jack jeckel 01/02/2017 11:06 pm
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Pillar of the Community
Canada
3692 Posts |
@moxking: Why on Earth would you trade in ounce for ounce at a losing rate? That's just obsessive behavior. He's got the same amount of gold, albeit the labor is lost on the pristine state of the aesthetics of the coins. If those were my coins and I didn't have my current skillset, I would save them for the express purpose of making jewellery or custom bars. This mishap is a blessing in disguise, where one would not melt or change the form of pristine coins they are now expendable to reform into something else. One can make a cigarette case, for example, to make something rather useless (a coin with no real market application) into something that has a pragmatic purpose. Like I tell my customers, use your imagination! :)
@T-Bop: Have you tried hiding them in your pantry or freezer? (We're talking bullion, right? Not actual collectors' coins?)
Edited by Libertad 01/02/2017 11:38 pm
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Valued Member
 United States
245 Posts |
I'll get some pics up in the morning. I have no idea what to do with them now. I guess I'll just keep them?
What would you do?
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Pillar of the Community
United States
2023 Posts |
If it were me, I would (after having a good cry and beating myself up for far too long) just hold on to them until the spot price went back up to a level where I would make a mild profit (or at least a smaller loss than if I were to sell them tomorrow). If I needed the money in the meantime, I could sell them at any time. But I could certainly do better than sell them now.
I might consider upgrading if I really wanted something like the originals. But if I could afford it, I'd still hold off the selling for now.
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Valued Member
Malaysia
121 Posts |
 Try putting in the Freezer next time. The worst thing is it get frozen forever if you forgotten about it.
Edited by NK GoldsilverBrassAlu PF 01/04/2017 7:03 pm
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Pillar of the Community
United States
1963 Posts |
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Valued Member
United States
379 Posts |
advertise them as "error" coins? "no siree folks, this is not an error caused by the mint... it is an error caused by the owner... a much more rare occurrence... now, what am I bid? seriously, I am sorry for you. I once received a set of gold proof coins, that once the USPO had got through bouncing and throwing the package around, that the plastic coin holders not only came out of their indentations in the holder, some of the coins managed to escape the holders entirely and proceed to rub themselves against a metal placque and ring, scratching them beyond belief. these things happens, whether self or others cause. it is a part of the Coin World. screw-ups will happen. it is just a matter of how bad it will be. keep your head up, you still have the melt value at the very worse... mike
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Valued Member
 United States
245 Posts |
I finally took them to a LCS last week. The price of gold was $1185, he gave me around $1100 per coin. Not too good, but they were pretty torn up.
I know one thing, they can keep those .9999 coins. The .999 coins are ten times more durable. I like to look at my bullion and handle it. .999 gold makes more sense to me.
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Pillar of the Community
Canada
3692 Posts |
"I know one thing, they can keep those .9999 coins. The .999 coins are ten times more durable. I like to look at my bullion and handle it. .999 gold makes more sense to me."
Sorry, you don't know what you're talking about. How is a (.999) 24 karat coin more durable than a (.9999) 24 karat coin? ALL that extra nine does is increase confidence in the buyer. Nothing else. If the coin is pressed harder by the dies that's one story, but there is no alloy added to make the gold harder.
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Valued Member
Australia
491 Posts |
Amazing! Never come across a gold plated drier before.
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Replies: 26 / Views: 4,771 |