I MUST sell 1/4 of my PM's financially...
Will00843
Posts: 34
I figured it out... thanks to those that helped, piss off to those that accused.
0
Comments
That's cutting it close!
I would probably sell 2 ounces of the gold and the rest (~150 ounces) in ASEs. Use the 90%, if it sells, to keep some of the ASEs and save the $2000 as cash you have.
Nothing wrong with some profit on the ASEs.
Could also sell 4 ounces of gold and less of the ASEs since I do agree that the gold isn't moving as much, %-wise, as silver.
At least, that's how I would do it.
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i>As a new member that just joined with only a few posts you may have trouble selling on the BST unless you live near a forum member that will meet with you for an in-person transaction. >>
<< <i>As a new member that just joined with only a few posts you may have trouble selling on the BST unless you live near a forum member that will meet with you for an in-person transaction. >>
Unless he sends the item first and then gets paid. I see nothing wrong with this formula if the buying member has a well defined and respected reputation here.
<< <i>Nobody sends PM's up front , i fail to see why it's being instigated on the BST. >>
What is the difference? I send you cash 1st, or you send me the metal 1st? If either of us are scammers, theres no advantage.....if both people are honest, it works flawlessly. And FYI, I have sent out $7,400 worth of gold before the other guy even wrote a check. Not because those were the terms, but simply because the guy is one of this board's heaviest hitters and completely trustworthy.
<< <i>Nobody sends PM's up front , i fail to see why it's being instigated on the BST. >>
I will do it ONE TIME, to ONE SPECFIC, TRUSTWORTHY person, to prove my side. From there, I wont.
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<< <i>Nobody sends PM's up front , i fail to see why it's being instigated on the BST. >>
I will do it ONE TIME, to ONE SPECFIC, TRUSTWORTHY person, to prove my side. From there, I wont. >>
Like i say , none of my business what you do , doing it once doesnt establish credibilty , do be aware of that.
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<< <i>Nobody sends PM's up front , i fail to see why it's being instigated on the BST. >>
I will do it ONE TIME, to ONE SPECFIC, TRUSTWORTHY person, to prove my side. From there, I wont. >>
Like i say , none of my business what you do , doing it once doesnt establish credibilty , do be aware of that. >>
True, point taken.
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<< <i>Go to coin show, BM, or AMPEX sell them all one deal. >>
This is a great idea especially if you could buy a table for around $100 or so. Set up a chair....lay out your bullion with a sign that reads "ALL ITEMS 3% OVER MELT", and leave in about 45 minutes with all cash.
Many members on this forum that now it cannot fit in my signature. Please ask for entire list.
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<< <i>Go to coin show, BM, or AMPEX sell them all one deal. >>
This is a great idea especially if you could buy a table for around $100 or so. Set up a chair....lay out your bullion with a sign that reads "ALL ITEMS 3% OVER MELT", and leave in about 45 minutes with all cash. >>
Be sure not to take any counterfeit $100 bills.
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<< <i>Go to coin show, BM, or AMPEX sell them all one deal. >>
This is a great idea especially if you could buy a table for around $100 or so. Set up a chair....lay out your bullion with a sign that reads "ALL ITEMS 3% OVER MELT", and leave in about 45 minutes with all cash. >>
Be sure not to take any counterfeit $100 bills. >>
Its a valid point.....how much are those bill markers?
Sorry, that I did not define every step for the uninformed
<< <i>I was talking about walking up to Silvertowne's( Any big buyer's) table sell the PM's get check go home.
Sorry, that I did not define every step for the uninformed
Why settle for spot - 50 cents when you could set up a table and charge spot + 50 cents and sell out in an hour? Thats a $1 swing per ounce. Sell 100 oz (if table cost $100) and you are break even from just walking up to a dealer. Any sales above 100oz are just gravy baby!
<< <i>Nobody sends PM's up front , i fail to see why it's being instigated on the BST. >>
MEANS
a sight seen 100% positive transaction. You control the deal, no one else. Money comes into one hand as PM's go out in the other hand. This flim flam stuff about you sending anything out first is horse manure.
Sending stuff off in the mail with even the slightest risk is bravo sierra where your credit worthiness is at stake. Find the nearest 100% safe point locally and don't mess around. Even if it costs you 5% of the total price to go with a local dealer, all you're doing is playing with profit.
Been there, done that.
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<< <i>I was talking about walking up to Silvertowne's( Any big buyer's) table sell the PM's get check go home.
Sorry, that I did not define every step for the uninformed
Why settle for spot - 50 cents when you could set up a table and charge spot + 50 cents and sell out in an hour? Thats a $1 swing per ounce. Sell 100 oz (if table cost $100) and you are break even from just walking up to a dealer. Any sales above 100oz are just gravy baby! >>
Why? It depends on what a table cost, if there are tables available, if there is even a show this coming weekend. In addtion to the table, how about dealer case rentals? How about lights? How about signs? Dealers often need a resale number to get a table, and then file paper work after the show and pay taxes. If a person is extremely unlucky an undercover revenue agent will be at the show and give the newbie dealer a huge fine, and possibly a ticket to appear in court, if the agent is in a nasty mood after getting attitude from the one time dealer. Besides, a person usually can't get a resale number in a week.
What if some rogues see the newbie set up without any cases, without any anything, and they decide to play him. The simple game is to distract him with one guy, while a second guy steals a pocket full of bullion. Unfortunately this is a common game at shows, and the newbie without any cases is going to be the first target. A lot can go wrong for a person with time pressure, money pressure, no proper dealer paperwork, and no experience.
So the bottom line is the potential for a lot of trouble if all a person is selling is $8k worth, one time. $1 per ounce on silver is less than 3%, 3% of $8k is $240. How much is a person's time and trouble worth to get half of that, $120 or less? For most folks, that 3% or even 5% isn't worth stretching for. Heck I hear there are even folks that prefer to use the credit card when buying and willingly pay an extra 3% just to get the bullion a bit faster. What if for whatever reason (such as lack of cases, lack of lights, unprofessional set up), no one wants to buy from the newbie? Then what? With all the fakes out there, all those markers for being a dealer being missing will make most retail buyers nervous.
Simple is often better, even if it means leaving a little profit for the next guy. I'd say shop it around the local stores, especially if it was bought local. Take the best offers. Keep it simple and close on the house.
We have good security and every one packing so not much stealing going on
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<< <i>
<< <i>I was talking about walking up to Silvertowne's( Any big buyer's) table sell the PM's get check go home.
Sorry, that I did not define every step for the uninformed
Why settle for spot - 50 cents when you could set up a table and charge spot + 50 cents and sell out in an hour? Thats a $1 swing per ounce. Sell 100 oz (if table cost $100) and you are break even from just walking up to a dealer. Any sales above 100oz are just gravy baby! >>
Why? It depends on what a table cost, if there are tables available, if there is even a show this coming weekend. In addtion to the table, how about dealer case rentals? How about lights? How about signs? Dealers often need a resale number to get a table, and then file paper work after the show and pay taxes. If a person is extremely unlucky an undercover revenue agent will be at the show and give the newbie dealer a huge fine, and possibly a ticket to appear in court, if the agent is in a nasty mood after getting attitude from the one time dealer. Besides, a person usually can't get a resale number in a week.
What if some rogues see the newbie set up without any cases, without any anything, and they decide to play him. The simple game is to distract him with one guy, while a second guy steals a pocket full of bullion. Unfortunately this is a common game at shows, and the newbie without any cases is going to be the first target. A lot can go wrong for a person with time pressure, money pressure, no proper dealer paperwork, and no experience.
So the bottom line is the potential for a lot of trouble if all a person is selling is $8k worth, one time. $1 per ounce on silver is less than 3%, 3% of $8k is $240. How much is a person's time and trouble worth to get half of that, $120 or less? For most folks, that 3% or even 5% isn't worth stretching for. Heck I hear there are even folks that prefer to use the credit card when buying and willingly pay an extra 3% just to get the bullion a bit faster. What if for whatever reason (such as lack of cases, lack of lights, unprofessional set up), no one wants to buy from the newbie? Then what? With all the fakes out there, all those markers for being a dealer being missing will make most retail buyers nervous.
Simple is often better, even if it means leaving a little profit for the next guy. I'd say shop it around the local stores, especially if it was bought local. Take the best offers. Keep it simple and close on the house. >>
The show nearby...Countryside, Illinois.....runs twice a month.....50 tables.....$75 each.....always packed....and no resale # required. If I wanted to unload $10k+ in metals in a hurry, thats where I would be set up.
Have been there once, only bought because he made a mathematical error, and wont go back.
Will: Hope the house closing goes well!
<< <i>We dont even have shows ANYWHERE near me. Only 2 dealers within 100 miles of me... and one is a complete @$$, the other quotes bullion prices directly from APMEX +8%.
Have been there once, only bought because he made a mathematical error, and wont go back. >>
Sounds like a tough situation, no local shows, no decent local dealers. Mail order is so dicey when the money is needed in a week, cleared and all and done with. That means mailing to any of the major dealers that buy via mail, are out, because they will cut a check after receiving and verifying the bullion in the shipment, then mail out a check, and that will be much too late. Good luck with it.
A road trip to the nearest city seems like the best option, even if it means half a days drive, and netting less money. I'd call ahead first, or better yet get a forum reference or two. Bullion is hot right now and many dealers are wanting inventory, though price will vary depending on region, on dealer. Personally, I wouldn't want my house depending on USPS or FedEx deliveries and/or checks or other payments clearing in five business days. I wouldn't worry so much about what items to sell. I'd take it all and see what the offers are, and then decide what to keep.
/edit to add: looks like some of the bullion sold to a trusting forum member. I'll keep my fingers crossed for all involved.
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The show nearby...Countryside, Illinois.....runs twice a month.....50 tables.....$75 each.....always packed....and no resale # required. If I wanted to unload $10k+ in metals in a hurry, thats where I would be set up.
Sounds like a good place to sell fakes, fake coins, fake bullion, fake slabs, if all a newbie dealer has to do is sign up a few days ahead and sell without any paperwork. Set up late and sell at low ball prices to dumb looking customers (not dealers), and move to the next town with a similar show. No paperwork, no checks, no paper trail--straight cash.
Oh, by the way. I need some advice. Running out of room in my safe and can't decide whether to sell the ASE monster box in one sale or break it up and sell tubes.
Edited to add: You can stop asking about the monster box with private messages, it's not really for sale. It was just a test and you all failed!
"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
Edited to add...
Im sending some to Gecko prior to payment, and RedBarron paid with paypal, so he is completly protected... so be as cynical as you wish.
<< <i>Could it be someone recently selling things they did not own? >>
HAHAHAHAHAHA... jesus. I now know why people dont hang out here long. Seems as though most coin dealers/collectors are asses, not just the ones close to me. No wonder the hobby is dying.
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<< <i>Could it be someone recently selling things they did not own? >>
HAHAHAHAHAHA... jesus. I now know why people dont hang out here long. Seems as though most coin dealers/collectors are asses, not just the ones close to me. >>
You are new and are selling $8k worth of stuff and on the wrong forum to boot. There is a chance that everything you wrote is true, but there have been plenty of scammers coming through these parts the last few months/years. Like I said, I'll keep my fingers crossed for everyone involved. Insulting people, won't make it go any better, and just shows your true colors, not ours.
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<< <i>Could it be someone recently selling things they did not own? >>
HAHAHAHAHAHA... jesus. I now know why people dont hang out here long. Seems as though most coin dealers/collectors are asses, not just the ones close to me. >>
You are new and are selling $8k worth of stuff and on the wrong forum to boot. There is a chance that everything you wrote is true, but there have been plenty of scammers coming through these parts the last few months/years. Like I said, I'll keep my fingers crossed for everyone involved. Insulting people, won't make it go any better, and just shows your true colors, not ours. >>
I never said I was selling anything. I asked WHAT to sell out of WHAT I have if I HAVE TO. Check BOTH my FS threads... they are BLANK because the only thing I was selling was the 90% and it sold. They continue to remain BLANK because Im waiting until Monday to make a final decision on what to sell, if I have to sell any of it.
Im also not calling names... Im being honest. The majority of coin dealers and collectors seem to be offminded and tend to drive people AWAY from the hobby because of their attitudes. Im 26 years old and have never meet a friendly dealer. Maybe its because they think I dont have the cash to work with. Sorry I call a spade a spade. 99% of the time, im buying. This is the first time I have EVER been in a position where I had to sell, so I dont need to worry about trying to sell to you guys again. Ill be buying again in 30 days.
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
<< <i>100% of the dealers I work with I like. 100% of the collectors from this forum I've meet I like. Some are good friends now. All the shows that I've been to I've enjoyed the interaction of both buying and selling with dealers. I'm sorry it's not working out the same for you. MJ >>
There are many collectors Ive gotten along with.... but lets look at the big picture, someone comes here looking for advise (My first post was trying to figure out how to ship from Canada to US) and gets jumped all over and ran through the gauntlet over absolutely NOTHING. I honestly see why new people dont hang around much on the forums.
A perfect example... one of the most KNOWLEGABLE and GIVING people on the forums chose to walk away in part to derryb, who begain talking trash in this thread. Someone who we ALL looked up to, and gave back to the forums in ways no one else has... good old SilverBaron.
hurry back when you need something again.
Now your all going to freak out about how I know Tee135 lives in Chicago if im not really him? Because we pmed a few times when I inquired about purchasing his latest batch of silver and he was being extremly friendly to me, and told me... and also asked me where I was from, and I told him SC.
Now I already know what your going to say...Sure... its all LIES... ALL LIES...
I live no where near Chicago (Where Tee135 lives) and that my paypal account has a name of "William"
Now your all going to freak out about how I know Tee135 lives in Chicago if im not really him? Because we pmed a few times when I inquired about purchasing his latest batch of silver and he was being extremly friendly to me, and told me... and also asked me where I was from, and I told him SC.
Now I already know what your going to say...Sure... its all LIES... ALL LIES...
We have something in common then. I don't live anywhere Tee135 lives either, but regardless of what Gecko or anyone else says, I'm not shipping out bullion to anyone until I know that the payment is secure. Not simply a cleared check, but secured.
As far as I'm concerned, every new member is a potential friend and associate. It's fine to vigorously defend a point of view, but to arrive on the scene and start hammering people who have a right to be skeptical about a new member who is trying to make unorthodox arrangements involving money - that simply doesn't make sense to me.
I knew it would happen.
Successful BST transactions with -Youngcoin15, Ajbauman, Metalsman, carew4me, SportsModerator1, Ahrensdad, bstat1020, piecesofme , bigmarty58, Smittys, tydye,DRG ,Coll3ctor, Ciccio, cajun, Swampboy,Excalibur,lordmarcovan,themaster,RedHerring, many more!!!
<< <i>I figured it out... thanks to those that helped, piss off to those that accused.
I live no where near Chicago (Where Tee135 lives) and that my paypal account has a name of "William"
Now your all going to freak out about how I know Tee135 lives in Chicago if im not really him? Because we pmed a few times when I inquired about purchasing his latest batch of silver and he was being extremly friendly to me, and told me... and also asked me where I was from, and I told him SC.
Now I already know what your going to say...Sure... its all LIES... ALL LIES...
We have something in common then. I don't live anywhere Tee135 lives either, but regardless of what Gecko or anyone else says, I'm not shipping out bullion to anyone until I know that the payment is secure. Not simply a cleared check, but secured.
As far as I'm concerned, every new member is a potential friend and associate. It's fine to vigorously defend a point of view, but to arrive on the scene and start hammering people who have a right to be skeptical about a new member who is trying to make unorthodox arrangements involving money - that simply doesn't make sense to me. >>
Ive been directly accused of being Tee135... whats not to understand? Ive been on these forums longer then you and oilstates, and the majority of those who have posted in this thread. Read my new thread, as im sure it will all be cleared up for you. And I never made "unorthodox" arrangements reguarding money. I only had one item for sale... the 90% and offered to ship it first to a select few to prove I was legitimate.
When you start taking potshots at everyone in the whole place, is it any wonder that you get the third degree? Think about it.
Also, I can't seem to find the accusation you are talking about. Maybe because I haven't been here as long as you in your previous life.
I knew it would happen.