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Joined: Dec 2021
Posts: 998 Likes: 16
Went Ass First
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Went Ass First
Joined: Dec 2021
Posts: 998 Likes: 16 |
I am in the Bham area and decided to stop in a pawn shop that advertised they bought and sold precious metals. I asked the first guy what they bought bullion and coins for. He stared out into space for a solid minute before giving up.
The manager then told me about 50% of spot price. I rarely get insulted but I did check the mirror when I got home. Apparently I gave the guy the impression I don't come by my coins and bullion honestly.
Anyone know someone that actually pays a fair price for coins and bullion? I am not looking to sell but it never hurts to have an idea of who trades fairly.
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Joined: Nov 2015
Posts: 14,515
Booner
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Booner
Joined: Nov 2015
Posts: 14,515 |
I've tried before with silver coins but no one seems to give FMV. Maybe in a large city like Atlanta or Dallas but it seems most in the area want you to give them away.
"The true soldier fights not because he hates what is in front of him, but because he loves what is behind him."
-G. K. Chesterton
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Joined: Aug 2001
Posts: 81,879 Likes: 513
GUVNER
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GUVNER
Joined: Aug 2001
Posts: 81,879 Likes: 513 |
Call the refineries direct and ask what they will give you on spot-price for that day. You can google up the refineries in your area easy.
"Never Trust Government" -- Smart people.
"The Great thing we should Fear and the Weird Thing we Trust is Elon Musk" -- Me
"You can be broke but you cant be poor." -- Ruthie-May Webster
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Joined: Dec 2021
Posts: 998 Likes: 16
Went Ass First
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Went Ass First
Joined: Dec 2021
Posts: 998 Likes: 16 |
I've tried before with silver coins but no one seems to give FMV. Maybe in a large city like Atlanta or Dallas but it seems most in the area want you to give them away. I know they need to be able to make their money. I expect at least 80 to 90% of spot. 50? Might as well just admit you only buy stolen coins from meth heads. I literally told him if he is buying at 50, I'll give him 60 for everything he has. He just looked at me and blinked.
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Joined: Jan 2012
Posts: 10,526 Likes: 13
Booner
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Booner
Joined: Jan 2012
Posts: 10,526 Likes: 13 |
I would expect spot at minimum if not spot plus
"The Heavens declare the glory of God;and the firmament sheweth his handiwork" Pslam 19:1
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Joined: Nov 2004
Posts: 14,435 Likes: 5
Chit Show Connoisseur
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Chit Show Connoisseur
Joined: Nov 2004
Posts: 14,435 Likes: 5 |
I've tried before with silver coins but no one seems to give FMV. Maybe in a large city like Atlanta or Dallas but it seems most in the area want you to give them away. I know they need to be able to make their money. I expect at least 80 to 90% of spot. 50? Might as well just admit you only buy stolen coins from meth heads. I literally told him if he is buying at 50, I'll give him 60 for everything he has. He just looked at me and blinked. THIS
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Joined: Dec 2015
Posts: 27,316 Likes: 252
Pumpkin - The Thermal Expert
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Pumpkin - The Thermal Expert
Joined: Dec 2015
Posts: 27,316 Likes: 252 |
This has always been my concern about buying gold or silver as an investment. Go a step further now. In a time of crisis, when you are really desperate for something to trade for goods needed for survival, what good is gold going to be? I cant understand someone with a preppers mindset investing in precious metals. Seems like ammo would be the most lucrative investment for a survival type situation.
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Joined: Nov 2014
Posts: 1,323 Likes: 2
8 point
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8 point
Joined: Nov 2014
Posts: 1,323 Likes: 2 |
Call the refineries direct and ask what they will give you on spot-price for that day. You can google up the refineries in your area easy. This
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Joined: Mar 2018
Posts: 16,939
Old Mossy Horns
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Old Mossy Horns
Joined: Mar 2018
Posts: 16,939 |
This has always been my concern about buying gold or silver as an investment. Go a step further now. In a time of crisis, when you are really desperate for something to trade for goods needed for survival, what good is gold going to be? I cant understand someone with a preppers mindset investing in precious metals. Seems like ammo would be the most lucrative investment for a survival type situation. While your right that necessities will come 1st I did buy a gun from a guy with silver a few years ago n came out ahead...private individual...
They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety.
Ben Franklin
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Joined: Aug 2003
Posts: 44,380 Likes: 28
Freak of Nature
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Freak of Nature
Joined: Aug 2003
Posts: 44,380 Likes: 28 |
And if times get really bad who is gonna buy it
LUCK:::; When presistence, dedication, perspiration and preparation meet up with opportunity!!!
- - - - - - - -A government big enough to give you everything you want, is big enough to take everything you have. Thomas Jeferson - - - - - - - -
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Joined: Mar 2020
Posts: 7,524 Likes: 1
They Call Me Gator 🐊
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They Call Me Gator 🐊
Joined: Mar 2020
Posts: 7,524 Likes: 1 |
Mike’s in Hartselle is very fair. My nephew and I have bought and sold there many times
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Joined: Apr 2017
Posts: 18,058 Likes: 43
Old Mossy Horns
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Old Mossy Horns
Joined: Apr 2017
Posts: 18,058 Likes: 43 |
You were at a pawn shop, what in the world did you expect?
We’re not dead. We just smell that way. Dayum. - AC870
Yessir! I’m always gonna shoot what makes me happy and I want everyone else to do the same! If you shoot one be proud of it and don’t worry what anyone else thinks. - SJ22
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Joined: Nov 2008
Posts: 10,750 Likes: 4
Booner
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Booner
Joined: Nov 2008
Posts: 10,750 Likes: 4 |
And if times get really bad who is gonna buy it Idk but I’m sure someone will trade for it.
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Joined: Oct 2000
Posts: 8,548 Likes: 47
14 point
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14 point
Joined: Oct 2000
Posts: 8,548 Likes: 47 |
This has always been my concern about buying gold or silver as an investment. Go a step further now. In a time of crisis, when you are really desperate for something to trade for goods needed for survival, what good is gold going to be? I cant understand someone with a preppers mindset investing in precious metals. Seems like ammo would be the most lucrative investment for a survival type situation. I’m with you JW
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Joined: Aug 2011
Posts: 266
4 point
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4 point
Joined: Aug 2011
Posts: 266 |
I used Doug's coin shop in Hoover a couple of years ago for some silver. Don't remember the exact details but think it was spot minus 6 or 7 percent. It seemed reasonable to me at the time
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Joined: Nov 2002
Posts: 7,039 Likes: 5
14 point
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14 point
Joined: Nov 2002
Posts: 7,039 Likes: 5 |
If you always do what you've always done you always get what you've always got
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Joined: Jan 2003
Posts: 15,650 Likes: 19
Poppa Jon
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Poppa Jon
Joined: Jan 2003
Posts: 15,650 Likes: 19 |
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Joined: Dec 2021
Posts: 998 Likes: 16
Went Ass First
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Went Ass First
Joined: Dec 2021
Posts: 998 Likes: 16 |
I used Doug's coin shop in Hoover a couple of years ago for some silver. Don't remember the exact details but think it was spot minus 6 or 7 percent. It seemed reasonable to me at the time
Thanks
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Joined: Dec 2021
Posts: 998 Likes: 16
Went Ass First
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Went Ass First
Joined: Dec 2021
Posts: 998 Likes: 16 |
Not selling at the moment. Just thought I'd poke around in case I ever did need to suddenly liquidate.
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Joined: Dec 2021
Posts: 998 Likes: 16
Went Ass First
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Went Ass First
Joined: Dec 2021
Posts: 998 Likes: 16 |
And if times get really bad who is gonna buy it Gold and silver have intrinsic value. There is only so much like ammo, food, 10 point bucks and pretty women. What won't be worth anything are them little green pieces of paper when times get tough. Last I checked my metals were holding their own against inflation. My dollars, not so much.
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