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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: 32,123 ✭✭✭✭✭
    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: 36,795 ✭✭✭✭✭
    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.

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • 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: 36,795 ✭✭✭✭✭
    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?

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • 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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