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Considering trading a few Pandas for AGEs... should this be an equal trade w/ no premium on either s

SeaEagleCoinsSeaEagleCoins Posts: 3,262 ✭
in Precious Metals
Thread title says it all ... only talking a three 1/4 oz, one 1/10 oz and one 1/2 oz


oh yeah... before anyone might ask "why?"... "because I want to" image
Re: Slabbed coins - There are some coins that LIVE within clear plastic and wear their labels with pride... while there are others that HIDE behind scratched plastic and are simply dragged along by a label. Then there are those coins that simply hang out, naked and free image

Comments

  • CaptHenwayCaptHenway Posts: 32,479 ✭✭✭✭✭
    You might be able to find somebody who wants to swap even just for giggles, but don't expect a dealer to work for free.
    TD
    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.
  • SeaEagleCoinsSeaEagleCoins Posts: 3,262 ✭


    << <i>... but don't expect a dealer to work for free.
    TD >>



    image


    Being a coin dealer myself, I am shocked to hear you say that, sir... I must reply that I strongly resemble that remark image
    Re: Slabbed coins - There are some coins that LIVE within clear plastic and wear their labels with pride... while there are others that HIDE behind scratched plastic and are simply dragged along by a label. Then there are those coins that simply hang out, naked and free image
  • derrybderryb Posts: 37,274 ✭✭✭✭✭
    With recent revelation of panda counterfeits I'd take a small hit to get out of them. Before it's over the counterfeiters are going to have a field day with modern gold bullion. MS69 certified will have a nice premium before it's over.

    Gold has a world price entirely unaffected by accounting games between the Treasury and the Fed. - Jim Rickards

  • MesquiteMesquite Posts: 4,075 ✭✭✭


    << <i>You might be able to find somebody who wants to swap even just for giggles, but don't expect a dealer to work for free. >>



    Oh right, like the dealer watching him slide his pandas across the counter and then sliding his AGEs back at him at 1:1 constitutes "work". Gimme a break.
    There are two ways to conquer and enslave a nation. One is by the sword. The other is by debt.
    –John Adams, 1826
  • derrybderryb Posts: 37,274 ✭✭✭✭✭
    Moving inventory in any direction is work. Don't forget dealer's have to keep flawless records. And why would a dealer swap out something that sells for more than what he swaps in without some kind of payoff?

    Gold has a world price entirely unaffected by accounting games between the Treasury and the Fed. - Jim Rickards

  • mkman123mkman123 Posts: 6,849 ✭✭✭✭
    Some would probably trade you straight across but there are quite a few that would not. You would have to pay a little extra $ on top.
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  • MesquiteMesquite Posts: 4,075 ✭✭✭


    << <i>Moving inventory in any direction is work. Don't forget dealer's have to keep flawless records. And why would a dealer swap out something that sells for more than what he swaps in without some kind of payoff? >>



    If the 0.85 oz of Pandas are worth less than 0.85 oz of AGEs then fine, charge the guy the difference for the swap. Record the transaction as an oz/oz swap on gold with a net to the dealer of $x. Both parties are still ending up with 0.85 oz of gold. Just don't call it work.
    There are two ways to conquer and enslave a nation. One is by the sword. The other is by debt.
    –John Adams, 1826
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