Friend calls to ask..
tneig
Posts: 1,505 ✭✭✭
He has but a handful of silver pieces and slowly.. looking around and learning. Calls me to ask if an MS70 silver dollar is a good deal at $80. ... Instantly NO appears in my head.
Asked the typical questions. Silver Dollar or ASE? His Answer, Yes
From where? A friend that says its worth $90. My Answer, you may be the last person that pays that much for it.
My followup questions: Is it in a slab, what is the name of the grader, year, yada yada yada, etc....-Ans: I don't know. So I'm still biased by NO.
My last suggestion: Stick to base silver for a bit. Compare this deal to Apmex (my standard recommendations).
I hate to be a stick in the mud and always say NO to these things, esp if its a small amount and the person may enjoy what they get anyway...
Its very tempting to try to sell a person something at this point. I try to resist, luckily spot is too low to bother at this point.
Asked the typical questions. Silver Dollar or ASE? His Answer, Yes
From where? A friend that says its worth $90. My Answer, you may be the last person that pays that much for it.
My followup questions: Is it in a slab, what is the name of the grader, year, yada yada yada, etc....-Ans: I don't know. So I'm still biased by NO.
My last suggestion: Stick to base silver for a bit. Compare this deal to Apmex (my standard recommendations).
I hate to be a stick in the mud and always say NO to these things, esp if its a small amount and the person may enjoy what they get anyway...
Its very tempting to try to sell a person something at this point. I try to resist, luckily spot is too low to bother at this point.
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I knew it would happen.