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 Replies: 12 / Views: 1,081 |
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New Member
United States
5 Posts |
I have no experience in selling precious metals. I am wondering if it is safe to sell to a private party (non-business). If somebody would be kind enough to give their opinion I would appreciate it. Thank you for reading my post.
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Moderator
 United States
164145 Posts |
 to the Community!
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Bedrock of the Community
United States
94367 Posts |
What forms are your precious metals in? Coins, bullion - ? Can their market value be quickly and easily determined? How will the private party pay? to the CCF! |
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Moderator
United States
54171 Posts |
Why do you want to sell to a private party (non-business)?
Show your financial support of the Coin Community Family (click here)See my topic on Mexican Numismatic Medals (click here) |
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Moderator
United States
164145 Posts |
Quote:
Why do you want to sell to a private party (non-business)? Private sales generally offer higher profit.
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Bedrock of the Community
United States
94367 Posts |
Well duh.  |
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Bedrock of the Community
United States
13677 Posts |
to the CCF
Take a look at my other hobby ... http://www.jk-dk.artToo many hobbies .... too much work .... not enough time. |
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Bedrock of the Community
United States
94367 Posts |
Again, please tell us about your bullion holdings and how they are certified.
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Pillar of the Community
United States
1866 Posts |
Welcome to CCF! It's wise to be careful. It would be pretty safe selling at a local coin club, coin show. Some sell on Facebook, Craigslist, but doing that can be risky. Do not invite buyers to your home or tell them where you live. Meet them at a public place to sell, cash only. My local police recommend meeting in police parking lots or in shopping malls, maybe take someone with you. If you are talking about precious metals worth thousands, do it in smaller amounts which may be safer. Or sell to nearest coin dealer. Most coin dealers are honest with fair prices, some are not. For current bullion prices you can look at ebay sold listings. Some online dealers show their buy back prices like JM Bullion. https://www.jmbullion.com/my-accoun...ck-products/Edited by livingwater
11/12/2024 8:40 pm
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Moderator
United States
71929 Posts |
to CCF and waiting on more info - 
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Pillar of the Community
 Canada
1587 Posts |
@dama_ag-47 If you know the individual I would say yes. If not, above posts list concerns.  |
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New Member
 United States
5 Posts |
Thanks all for your responces & advice. I do not have a listing in any forums...as per the rules here. As far as selling to a non-business private party for spot... I would do better money-wise,(aa buyer would do well in the offering too).
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Valued Member
United States
331 Posts |
While selling on ebay can be costly, it is very safe. Craigslist, protect your home, meet in a safe place ... can be a quick turn around for you. Coin shops need to make a profit ... control expectations. Best of Luck ! |
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Replies: 12 / Views: 1,081 |
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Posted 11/12/2024 4:02 pm
