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To whom will you sell your stack/bullion?

mariner67mariner67 Posts: 2,746 ✭✭✭
in Precious Metals
Wondering what the plan is.....when you want or need to sell your gold or silver you have been stacking where will you go?
LCS? Online auction or dealers? Craig's list(just kidding), BST or where? Leave to heirs? FeeBay?
I did a forum search but nothing came up.
Seems quite a few of us here stack for various reasons but what is the exit strategy?
Successful trades/buys/sells with gdavis70, adriana, wondercoin, Weiss, nibanny, IrishMike, commoncents05, pf70collector, kyleknap, barefootjuan, coindeuce, WhiteTornado, Nefprollc, ajw, JamesM, PCcoins, slinc, coindudeonebay,beernuts, and many more

Comments

  • OPAOPA Posts: 17,121 ✭✭✭✭✭
    eBay for Silver and small gold (less than 1 oz) , APMEX for 1 oz gold or larger.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • BAJJERFANBAJJERFAN Posts: 31,082 ✭✭✭✭✭
    Generally, I'd prefer the BST or other free venues as a first try. One ounce or larger gold, I'd probably go APMEX. First we need a pop in the price.
    theknowitalltroll;
  • hchcoinhchcoin Posts: 4,829 ✭✭✭✭✭
    I have had fair dealings at my favorite coin shop and also at coin shows.
  • derrybderryb Posts: 36,824 ✭✭✭✭✭
    to Baley image

    "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

  • mrpaseomrpaseo Posts: 4,753 ✭✭✭
    I am hoping to pass it all on, I will try to never put myself in a situation where I will "need" to sell, and thus will pass it all on to my daughter... Whom will probably sell it three days after she receives it...lol.

    If I did find myself in a situation where I would need to sell, I guess the timeline would determine where I would sell. The shorter the timeline, the closer to home I would sell.

    Smaller items:
    Shortest timeline: Local B&M
    More than a week: BST Board / the Bay.

    Larger Items:
    Shortest timeline: B&M (Offer depending)
    More than a week: Probably APMEX and friends on the BST board.

    I have sold PMs only once (To make a mortgage payment).

    Ray
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,294 ✭✭✭✭✭
    Ebay starting at a dollar. Where else ?
  • VanHalenVanHalen Posts: 3,993 ✭✭✭✭✭
    At 17th and Main in exchange for potable water.

    image
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,294 ✭✭✭✭✭
    lol
  • piecesofmepiecesofme Posts: 6,669 ✭✭✭
    Leave to heirs?

    This, because she has been educated in the process of it all. And when I die, I hope she pays off all bills with the life insurance money first, then invests at least 70% of what's left in the game, but that will be her decision.
    To forgive is to free a prisoner, and to discover that prisoner was you.
  • JulioJulio Posts: 2,501 ✭
    APMEX. Take care. jws
    image
  • jmski52jmski52 Posts: 22,854 ✭✭✭✭✭
    I wouldn't sell anything significant until I've made several phone calls.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    I have no intention to sell.... only if I must...then BST first.... other venues as available...Cheers, RickO
  • rawteam1rawteam1 Posts: 2,472 ✭✭✭
    Go ask Alice, when she's ten feet tall...
    keceph `anah
  • bronco2078bronco2078 Posts: 10,225 ✭✭✭✭✭


    << <i>Go ask Alice, when she's ten feet tall... >>




    Aw come on , enough with the Walter Breen thread forks. image
  • bluelobsterbluelobster Posts: 1,220 ✭✭✭


    << <i>I have no intention to sell.... Cheers, RickO >>



    I think this is the most honest and realistic answer.
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,294 ✭✭✭✭✭
    Where I buy it is where I sell it. At the shop.
  • pf70collectorpf70collector Posts: 6,655 ✭✭✭
    I sold to apmex in the past when gold hit $1900 and silver at $45.
    Montana State Quarter Die Clash

    Box of 20
  • BAJJERFANBAJJERFAN Posts: 31,082 ✭✭✭✭✭
    If spot would move to a price favorable with cost, it shouldn't be THAT hard to cut a fair deal somewhere. For the average folk, trying to get $50 - $70 over spot for a 1 ounce AGE like the bigger players do is a fool's errand at best.
    theknowitalltroll;
  • perkdogperkdog Posts: 30,642 ✭✭✭✭✭
    To the highest bidder image

  • BaleyBaley Posts: 22,660 ✭✭✭✭✭
    to a Greater Fool! one holding a Big Bag!

    (there are obviously none of those around here image )

    Liberty: Parent of Science & Industry

  • TwoSides2aCoinTwoSides2aCoin Posts: 44,294 ✭✭✭✭✭
    Sold another roll of Eagles in exactly the same spot I sold them a week earlier for a dollar per coin less.
  • s4nys4ny Posts: 1,569 ✭✭✭
    I have sold over $35,000 worth on Craigslist. There are always buyers.

    Small sales, meet at bank cash machine or Starbucks and exchange.

    Large amounts, meet at buyer's bank, he gets cashier check payable to me.
  • KollectorKingKollectorKing Posts: 4,820 ✭✭✭✭✭


    << <i>I have sold over $35,000 worth on Craigslist. There are always buyers.

    Small sales, meet at bank cash machine or Starbucks and exchange.

    Large amounts, meet at buyer's bank, he gets cashier check payable to me. >>



    I too have had success with CL, but on the buy side mostly at below spot.

    BST on the sale side.

    KK
  • rickoricko Posts: 98,724 ✭✭✭✭✭


    << <i>I have sold over $35,000 worth on Craigslist. >>



    I see you are cautious when dealing on this venue. Congratulations... there are almost weekly cases of people meeting death or serious injury when dealing on Craigslist.... Cheers, RickO
  • DennisHDennisH Posts: 13,991 ✭✭✭✭✭
    The title of this thread is profoundly impossible to answer, due to the words "exactly" and "where".
    When in doubt, don't.
  • derrybderryb Posts: 36,824 ✭✭✭✭✭


    << <i>I have sold over $35,000 worth on Craigslist. >>


    good place for a fed sting involving large amounts that require federal paperwork.

    "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

  • mariner67mariner67 Posts: 2,746 ✭✭✭


    << <i>The title of this thread is profoundly impossible to answer, due to the words "exactly" and "where". >>



    Noted, corrected.....happy?
    Best!
    Successful trades/buys/sells with gdavis70, adriana, wondercoin, Weiss, nibanny, IrishMike, commoncents05, pf70collector, kyleknap, barefootjuan, coindeuce, WhiteTornado, Nefprollc, ajw, JamesM, PCcoins, slinc, coindudeonebay,beernuts, and many more
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