check these buy prices for me

dbcoin

called a local dealer to see his buy prices. Tell me if his prices are a rip off or not. Just called so prices reflect spot as of now.

His buy price on :

ASE's - 50c under spot (I have 16, 6 raw, 10 PCGS BU. ). Seems reasonable
Modern slabbed gold, 2001 ICG70, 1oz, 1% under spot. Seems low.
1890-S $20 gold, NGC 55, $1300. seems way low

I think I would do better at a coin show with some competition (I can make Parsippany show in 2 weeks)

Meltdown

I don't think they're terrible offers. ICG 70's are not valued the same as pcgs/ngc 70's by most collectors.
1% under spot is fairly reasonable. There's a good chance that spot drops 5% after the weekend.
Unless the $20 piece is a scarce date, I woudl price it between $1325 - $1350.

ProofCollection

You could try selling on Craigslist and get a bit more.

mkman123

sell on bst you can get full price

tydye

Prices seem reasonable to me for cash out the door price and no work involved

As others have said you can get full spot here on the BST easily but then there is taking pictures, packing, a postal run, possible paypal fees, worrying about a lost package etc all for about an additional $50 or so

Craigslist IMO is a bad idea - no way would I want someone visiting my house to purchase gold and silver

morgantype

<< <i>Prices seem reasonable to me for cash out the door price and no work involved

As others have said you can get full spot here on the BST easily but then there is taking pictures, packing, a postal run, possible paypal fees, worrying about a lost package etc all for about an additional $50 or so

Craigslist IMO is a bad idea - no way would I want someone visiting my house to purchase gold and silver >>





The above quote is definitely a significant consideration to keep in mind when selling.

I like being able to walk into my B&M, plunk down my coins/bulion/junk/miscellaneous and get a fair offer and walk away. No extra work, no extra effort, no extra anything. Just another guy off the street selling some stuff - also, it pays to have a relationship with a local B&M - mine makes some accomodations for me when I purchase less than the "1500" no tax purchase floor - if you know what I mean.

That's my two cents!

derryb

Better than going to "WE BUY GOLD" traveling road show.

morgantype

<< <i>called a local dealer to see his buy prices. Tell me if his prices are a rip off or not. Just called so prices reflect spot as of now.

His buy price on :

ASE's - 50c under spot (I have 16, 6 raw, 10 PCGS BU. ). Seems reasonable
Modern slabbed gold, 2001 ICG70, 1oz, 1% under spot. Seems low.
1890-S $20 gold, NGC 55, $1300. seems way low

I think I would do better at a coin show with some competition (I can make Parsippany show in 2 weeks) >>



I forgot to answer the question:

ASE - good price - as EVERYONE is selling at these prices
2001 ICG MS 70 - 1% under spot is a solid price - my local B&M is paying a little less than that
1890-s - This is a pretty fair price - I can buy raw AU Saints/etc for spot + 150 - which would put s buy price of 1378 on these.

If you tried to sell on ebay, and got 1400 (less 9% ebay fee) would net you 1274 - so the break even on ebay selling price would be 1428 - to make net 1300 selling on ebay - not to mention the paypal fees.

1201reset

Coin show would be a good alternative, you get the same convenience
as a B&M, times (at least) five.

Silver should be a dollar above spot,
the 2001 Gold should be $15-$20 above spot,
and the $20 Gold should be $120-$150 above spot,
maybe more depending on the rarity.

_Reset

dbcoin

thanks for all the replies. I had no intention of selling these here (I would have gone to the BST), but someone pm'd me and gave me a good price for the whole lot above what my dealer would have paid.

Thanks again to all.