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best place to send gold?

RobertSRobertS Posts: 485
in Precious Metals
Just want to know best place to send some gold? By best I mean that pays decent and smooth transaction.

Comments

  • gdavis70gdavis70 Posts: 256 ✭✭✭

    The BST is a good place?

    If you are selling anything other than scrap I would be interested... Especially Old US gold.

    AntiqueBanknotes • National Currency
  • AUandAGAUandAG Posts: 24,761 ✭✭✭✭✭
    Coins? What have you? Scrap? Description please.

    bobimage
    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
  • RobertSRobertS Posts: 485
    I have some coins I am considering selling, please recommend a company that pays well. I got some pm's but I am looking for recommendations on companies that purchase precious metals. Thanks!
  • SmittysSmittys Posts: 9,876 ✭✭✭✭✭
    Apmex
    https://www.ebay.com/str/christyscoins
  • SpoolySpooly Posts: 2,108 ✭✭✭


    << <i>Apmex >>



    I use APMEX as well.

    Si vis pacem, para bellum

    In God We Trust.... all others pay in Gold and Silver!
  • renman95renman95 Posts: 7,037 ✭✭✭✭✭
    My house.
  • RobertSRobertS Posts: 485
    Thank you for the suggestions.
  • MoneyLAMoneyLA Posts: 1,825 ✭
    the problem with "sending" anything is that prices are too volatile. If I were selling I would want to pinpoint my price at the moment I exchange my PM for $$. You could run into a problem where your gold is sent and the buyer "waits" to make the deal seeking a lower price, or could force you to take a price you don't want because he now has the gold you sent.

    Remember the phrase "he who has the gold rules" ? Well, when you ship your gold the holder of the gold does rule... even if you have a pre-set sale price.
    Cheers, Alan Mendelson
    www.AlanBestBuys.com
    www.VegasBestBuys.com
  • VikingDudeVikingDude Posts: 1,342 ✭✭✭
    Cash4Gold image
  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    The transactions on the BST concern me at times. It's not 2004-2008 anymore where cash was flowing freely and everyone had it.
    Today, it's like a box of chocolates, you just don't know "who" you are going to get.

    The validity of the check and the ability to lock in the price over the phone is key for me. I can do that with Heritage, CNI, JGM, and others.
    I'd imagine Raroca, Silvertowne, Gainsville, Tulving and other large operations are competitive as well. As this market gets more volatile there
    will be buyers not honoring their stated price or bouncing their checks....esp. with "everyone" becoming a bullion dealer. Not all big dealers
    today have spot-free records going back into the 1980's. That's something I would consider being utilizing them as a dealer. If you don't have
    references with a large bullion buyer to "lock in" a price, you might be able to use your numismatic dealer references to pull that off.

    If you're ok with 20-35% of spot then you can use $Cash4gold, pawn shops, hotel buyers, or your national jewelry chains.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • OPAOPA Posts: 17,119 ✭✭✭✭✭


    << <i>

    << <i>Apmex >>



    I use APMEX as well. >>



    Likewise...check their site for what they are paying. It depends on what you have & the # of oz.

    Apmex.com
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • RobertSRobertS Posts: 485
    Great points roadrunner thanks!
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