GRRR...People....

penny4yourthoughts · February 10, 2011 10:12AM

So this girl contacts me to buy 2 lots of 90%...totals up to $810 total. First thing she says when we meet is "I only have $650"...ok...we can work around that. She is still lacking on the understanding of how face value pricing works I can tell about 2 more minutes into the meeting. Then she calls someone, who is apparently her uncle to ask him if it's a good deal. Then I get offered $730 for the entire lot. I explain to her that I spent more than that just to obtain it, let alone me make any money. Long story short, her uncle was trying to set her up as a bullion flipper...when she knew NOTHING. She was telling me about how she "couldn't make any money on it"...well...and you never will by not taking risks bigger than offering a lowball amount. Needless to say, I held onto this for three extra days waiting on the weather and her to get NOTHING done...grrr

I even held the price the same, as I put the ad up on Monday, it shot up after that...I was still offering to sell it to her at 20.5x face today when I should have been getting at least 21x.

But hey, if you want to buy some bullion, I might have a really good price for you :-)