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Stopped by the brick & mortar (7-09-09)

WeissWeiss Posts: 9,941 ✭✭✭✭✭
Nothing. Nada.

10 oz bars? Nope.
90%? Nope.
1 oz bars? Rounds? Nope.
Gold? Well, a little. A few fractional eagles, but he really didn't want to sell at "these prices".

He scrounged around until he found ~$6 face 90%, told me it was mine for 9x. But I just got done rounding out odd-lots of 90% to the nearest $10 and didn't want to get back into bits and pieces. XF-AU mercs and XF washington quarters, with a bonus G barber dime, tho.

Just thought his lack of product was interesting.



We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
--Severian the Lame

Comments



  • << <i>Nothing. Nada.

    10 oz bars? Nope.
    90%? Nope.
    1 oz bars? Rounds? Nope.
    Gold? Well, a little. A few fractional eagles, but he really didn't want to sell at "these prices".

    He scrounged around until he found ~$6 face 90%, told me it was mine for 9x. But I just got done rounding out odd-lots of 90% to the nearest $10 and didn't want to get back into bits and pieces. XF-AU mercs and XF washington quarters, with a bonus G barber dime, tho.

    Just thought his lack of product was interesting. >>



    With Silver declining again are we going to see the return of big premiums if the slide continues, especially on Maples and Eagles??
  • WeissWeiss Posts: 9,941 ✭✭✭✭✭


    << <i>

    With Silver declining again are we going to see the return of big premiums if the slide continues, especially on Maples and Eagles?? >>



    One shop probably can't predict the national market, but he would have sold the eagles for higher premiums. Stands to reason that premiums might bounce back up again.
    We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
    --Severian the Lame
  • CaptHenwayCaptHenway Posts: 32,099 ✭✭✭✭✭
    Demand is back up. This week we sold five 100 oz. bars and about $700 face in 90%.
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • cladkingcladking Posts: 28,631 ✭✭✭✭✭
    I stopped by my favorite shop and sold a few barber quarters but now I'm thinkin'
    I mightta left my '01-S in the bunch.










    Just kidding.

    Maybe a few US Coin forumites will wander over, eh?
    Tempus fugit.


  • << <i>I stopped by my favorite shop and sold a few barber quarters but now I'm thinkin'
    I mightta left my '01-S in the bunch.










    Just kidding.

    Maybe a few US Coin forumites will wander over, eh? >>



    Please tell me where the store is as I need this date in my Whitman holder.image
  • cladkingcladking Posts: 28,631 ✭✭✭✭✭


    << <i>

    Please tell me where the store is as I need this date in my Whitman holder.image >>




    Over in north western Ohio, I believe. image

    Just ask for Al and tell him I sent you.
    Tempus fugit.
  • TomBTomB Posts: 21,179 ✭✭✭✭✭


    << <i>I stopped by my favorite shop and sold a few barber quarters but now I'm thinkin'
    I mightta left my '01-S in the bunch.










    Just kidding.

    Maybe a few US Coin forumites will wander over, eh? >>


    I think I read about that one. Did you misplace any jewelry?image
    Thomas Bush Numismatics & Numismatic Photography

    In honor of the memory of Cpl. Michael E. Thompson

    image
  • cladkingcladking Posts: 28,631 ✭✭✭✭✭


    << <i>

    << <i>I stopped by my favorite shop and sold a few barber quarters but now I'm thinkin'
    I mightta left my '01-S in the bunch.










    Just kidding.

    Maybe a few US Coin forumites will wander over, eh? >>


    I think I read about that one. Did you misplace any jewelry?image >>



    Yeah, but I found it stuck on the bottom of the box when I got home. image

    I guess it's just as well I didn't leave my phone number.
    Tempus fugit.
  • sebrownsebrown Posts: 424


    << <i>Nothing. Nada.

    10 oz bars? Nope.
    90%? Nope.
    1 oz bars? Rounds? Nope.
    Gold? Well, a little. A few fractional eagles, but he really didn't want to sell at "these prices".

    He scrounged around until he found ~$6 face 90%, told me it was mine for 9x. But I just got done rounding out odd-lots of 90% to the nearest $10 and didn't want to get back into bits and pieces. XF-AU mercs and XF washington quarters, with a bonus G barber dime, tho.

    Just thought his lack of product was interesting. >>




    Maybe his lack of product was also in line with him not wanting to sell at "these prices". You think he was holding back his merchandise waiting for a higher metals price or was he pretty much sold out of bullion?

    "In the absence of the gold standard, there is no way to protect savings from confiscation through inflation [...] Gold stands in the way of this insidious process. It stands as a protector of property rights." - Alan Greenspan
  • WeissWeiss Posts: 9,941 ✭✭✭✭✭


    << <i>

    Maybe his lack of product was also in line with him not wanting to sell at "these prices". You think he was holding back his merchandise waiting for a higher metals price or was he pretty much sold out of bullion? >>



    I don't thinks so. I've known him for 30 years, and he told me he had gold he didn't want to sell. He would have told me he had silver if he'd had any.
    We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
    --Severian the Lame
  • mkman123mkman123 Posts: 6,849 ✭✭✭✭
    still lots of gold and silver here at the local B&M store.

    Gold eagles for like 50 over spot and they had many 25 count rolls of Engelhard rounds for 14.25/oz as of yesterday. They did say they have been selling quite a bit but still had plenty on hand

    Successful Buying and Selling transactions with:

    Many members on this forum that now it cannot fit in my signature. Please ask for entire list.
  • OPAOPA Posts: 17,118 ✭✭✭✭✭
    APMEX has a decent silver sale going on until Sunday ... 1 oz, 5 oz, 10 oz ... @ $.99 over spot. 100 oz JM bars @ $.69 over spot ... kilo bars @ $.79 over spot. Took advantage of it
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
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