What Would You Do? - Coin Community Forum

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Author	Replies: 7 / Views: 934
throwbackid Pillar of the Community 1283 Posts	Posted 08/08/2011 7:51 pm Okay, I have a friend that owns a cash for gold style store in NJ. A great guy that regularly sells me silver round at $3 under spot and spot or close on ASE. He texts me this morning that he had some gold come in. He has 10 1/10 oz AGE's at @$190 and to random US comm. 1/4 gold coins that he will let me have for $410 each, a no brainer to me. So I bought the two quarters but passed on the tenths. Should I have taken the tenths too? Report this Post to the Staff

swrbxxx Pillar of the Community Canada 834 Posts	Posted 08/08/2011 8:05 pm I would have, worst case you could flip them on ebay for a $20-$50 profit right away, The price is right, I see gold going even higher Report this Post to the Staff
mkfarm Pillar of the Community United States 667 Posts	Posted 08/08/2011 8:13 pm It is a good price for the 1/10 Report this Post to the Staff
tripncoins Pillar of the Community United States 648 Posts	Posted 08/08/2011 9:04 pm Ask for $180 and save a 100 bucks (since you bought the 1/4's) Report this Post to the Staff
ICanSeeYou7687 Valued Member United States 362 Posts	Posted 08/08/2011 9:14 pm I think you can get 1/10th gold eagles closer to spot, 190 is more then I would pay. Seems like a great deal on the quarters though Report this Post to the Staff
Silverhawk74 Pillar of the Community United States 3670 Posts	Posted 08/08/2011 9:19 pm Gold is pushing 1727, an it does not seem to be in pull back mode any time soon. And even if it does pull back for a short while, one would think 1700 should hold now before it starts back up again.... No way it can keep this pace. If it did, we will be at 1800 by mid week, and no way I think it is gonna happen that fast.... Edited by Silverhawk74 08/08/2011 9:20 pm Report this Post to the Staff
Silverhawk74 Pillar of the Community United States 3670 Posts	Posted 08/08/2011 9:22 pm I literally am falling out of buying gold by the second, and silver is really my only option from here on out, makes that choice easy.... Still gonna try an get to 2 oz. of gold before the year ends via 1/20 an 1/25th an oz. coins as well as AGE 1 10ths.... Report this Post to the Staff
throwbackid Pillar of the Community 1283 Posts	Posted 08/08/2011 10:37 pm I called him back took the whole lot for $2750 and I used my CC for 2% cash back. Silverhawk, When you need a 1/10 let me know I will have a few :) Thanks for the help in deciding guys Report this Post to the Staff
	Replies: 7 / Views: 934

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