Home› U.S. Coin Forum

Has any one taken Richard Nachbar up on his "Trade for Gold!" offer?

CoinHuskerCoinHusker Posts: 5,033 ✭✭✭
in U.S. Coin Forum
I saw his ad in CW and looked it up on his website "Trade for Gold!" and wondered if any one has taken him up on his offer to trade in coins for gold bullion? image
Collecting coins, medals and currency featuring "The Sower"

Comments

  • ahooka454ahooka454 Posts: 3,466 ✭
    I saw this awhile back and wondered if anyone has done this too? Interesting proposal.
  • BECOKABECOKA Posts: 16,961 ✭✭✭
    It's a unique proposal I have not seen. Definitely a way for a dealer to profit on both fronts.

    If I was at an elderly age this would sound enticing. Heck if I had some junk coins I did not want waste time on e-bay with I might even consider it.
  • CoinHuskerCoinHusker Posts: 5,033 ✭✭✭
    I wonder how much $ worth of bullion you get for your $ worth of coins? % of price guide?
    Collecting coins, medals and currency featuring "The Sower"
  • pontiacinfpontiacinf Posts: 8,915 ✭✭
    back in 2002 or 2003 I traded a few keys for saints when he first offerd this. I must admit I was skeptical, but it out performed even his perdictionsimage
    image

    Go BIG or GO HOME. ©Bill
  • CoinHuskerCoinHusker Posts: 5,033 ✭✭✭


    << <i>back in 2002 or 2003 I traded a few keys for saints when he first offerd this. I must admit I was skeptical, but it out performed even his perdictionsimage >>




    I wonder now though, if it's a little late in the game to jump in?
    Collecting coins, medals and currency featuring "The Sower"
  • pontiacinfpontiacinf Posts: 8,915 ✭✭


    << <i>

    << <i>back in 2002 or 2003 I traded a few keys for saints when he first offerd this. I must admit I was skeptical, but it out performed even his perdictionsimage >>




    I wonder now though, if it's a little late in the game to jump in? >>



    no, but you will get less now then I did back then. Might be a mute point I just made though as the coins were not worth as much a few years back when I decided to cash in.
    image

    Go BIG or GO HOME. ©Bill
  • DeadhorseDeadhorse Posts: 3,720 ✭
    He'll also trade for silver bullion.

    I've got an awful lot of widgets, many worth a fair amount.

    I think I will be giving them a call next Monday.

    I just wonder if he's only interested in high end numismatic specimens?
    "Lenin is certainly right. There is no subtler or more severe means of overturning the existing basis of society(destroy capitalism) than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and it does it in a manner which not one man in a million is able to diagnose."
    John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff
  • CoinHuskerCoinHusker Posts: 5,033 ✭✭✭


    << <i>

    I just wonder if he's only interested in high end numismatic specimens? >>




    I've wondered the same thing. If you call, post what you find out. image
    Collecting coins, medals and currency featuring "The Sower"
  • Walkerguy21DWalkerguy21D Posts: 11,732 ✭✭✭✭✭


    << <i>I just wonder if he's only interested in high end numismatic specimens? >>


    I looked him up at a FUN show about 5-6 years, after seeing his ads and thinking what great guy he must be....I had a some misc semi key and decent middle grade type coins with me. After spending nearly 30 seconds examining them, he said he doesn't handle this material, and I should take them to a dealer who handles 'collector coins'. Maybe he's mellowed since then, and I don't think he's trying to rob widows and orphans, but I assure you he is no philanthropist, either.
    Successful BST transactions with 171 members. Ebeneezer, Tonedeaf, Shane6596, Piano1, Ikenefic, RG, PCGSPhoto, stman, Don'tTelltheWife, Boosibri, Ron1968, snowequities, VTchaser, jrt103, SurfinxHI, 78saen, bp777, FHC, RYK, JTHawaii, Opportunity, Kliao, bigtime36, skanderbeg, split37, thebigeng, acloco, Toninginthblood, OKCC, braddick, Coinflip, robcool, fastfreddie, tightbudget, DBSTrader2, nickelsciolist, relaxn, Eagle eye, soldi, silverman68, ElKevvo, sawyerjosh, Schmitz7, talkingwalnut2, konsole, sharkman987, sniocsu, comma, jesbroken, David1234, biosolar, Sullykerry, Moldnut, erwindoc, MichaelDixon, GotTheBug
  • Mercury10cMercury10c Posts: 2,958
    Anyone that's telling me to buy any asset or investment product when it's at it's all time high
    after a huge run-up in price is going to get a big GFY from me.
  • droopyddroopyd Posts: 5,381 ✭✭✭


    << <i>I assure you he is no philanthropist, either. >>



    yeah, i wonder what value he would put on anything you might be trading in to him -- probably better to sell the coins yourself and then buy bullion if that's what you want to do.
    Me at the Springfield coin show:
    image
    60 years into this hobby and I'm still working on my Lincoln set!
  • roadrunnerroadrunner Posts: 28,313 ✭✭✭✭✭
    yeah, i wonder what value he would put on anything you might be trading in to him -- probably better to sell the coins yourself and then buy bullion if that's what you want to do.

    I would tend to agree. And this "trade" for gold is certainly a taxable event because bullion IS cash. There are hundreds of others out there who predicted the same bull market for gold.
    Maurice Rosen for one was recommeding gold in his summer 2002
    RNA (back at $300-$320)

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • tcmitssrtcmitssr Posts: 1,570 ✭✭✭


    << <i>He'll also trade for silver bullion.

    I've got an awful lot of widgets, many worth a fair amount.

    I think I will be giving them a call next Monday.

    I just wonder if he's only interested in high end numismatic specimens? >>



    I've never made a deal with Richard but I speak with him at every coin show. I think he is one of the most honest and forthright people around. I'm pretty sure he takes everything, widgets included.
  • pontiacinfpontiacinf Posts: 8,915 ✭✭


    << <i>Anyone that's telling me to buy any asset or investment product when it's at it's all time high
    after a huge run-up in price is going to get a big GFY from me. >>



    hes been saying this since 2001, so its nothing new, and his predictions were dead on or better
    image

    Go BIG or GO HOME. ©Bill

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Format
SpoilerCodeQuote
Heading 2Heading 1
Emoji
:):D:(;):/:o:s:p:'(:|B):#:*<3o:)>:)
Url
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file
Home • U.S. Coin ForumComment As ...