Funny Craigslist exchange going on
tneig
Posts: 1,505 ✭✭✭
Someone selling eagles for $50 on Craigs and getting flack from folks I guess. He says its america and can sell for what he wants.
So of course there are inflammatory counter posts.
Granted, that is crazy, but few ASEs are posted and it does make a high comparison if you wanted to sell right now for $40, eh...
So of course there are inflammatory counter posts.
Granted, that is crazy, but few ASEs are posted and it does make a high comparison if you wanted to sell right now for $40, eh...
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Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Craigslist is full of ads for people wanting 10$ over spot for ASE's but if you live in a well populated area you can post a want to buy ASE's add and offer spot for them and get a lot of emails.
I've done it in the past and you get responses from people who wanted to sell at B & M's and got offered 5$ back of spot and refused to take it .
Coin shops like to sell at 3 or 5$ each over spot but find 10 different reasons to lowball you when you try to sell to them. When you are selling suddenly your ASE's become generic rounds every milk spot and scuff mark gets pointed out as though its a proof .
Premeiums are fine as long as the go in both directions and don't just widen the spread against you
"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
I just set up a meet at the food court at the mall on a saturday afternoon .
no weaponry but I bring a scale and a glass and a book to read in case they are late or don't show.
don't ask them what they buy them at: Try 16.00 each (and people sell em to them)
Trays full of maples, eagles and buffalos, all new.
Maples for $31.25 and ASE's for a bit more (which is still high for me since I just got a dozen via a past order for $28 a piece.
(Craigs has stayed relatively flat around here for ASEs and such, ever since the price was high.)
Also, there was someone recently offering 10 oz no-name bars for $500. He was trying to sell them by arguing that silver will hit $100/oz in the next few years and people who buy from his can double their money. (and he could quadruple his by buying back at $25 now) : )
I was tempted by someone offering a large quantity of silver rounds and bars for $1.25 over, but no premium brands. I'll just wait for better deals to come by like the one I got a few months ago. Someone sold me 12 oz at $25 when spot was 30. That was his asking price and I gladly paid it.