record time selling 100 oz silver bar

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jdimmick
jdimmick Posts: 9,992 ✭✭✭✭✭
in U.S. Coin Forum

So I have been getting calls for days looking for silver. Literally none has come in. It used to be 100 oz bars were impossible to get rid of.(at least for me) Today, I leave the shop head for mc donalds to get a burger, guy calls looking for silver , don't have any. then a guy calls asks what I am paying for 100 oz, give quote, be right over, I call the guy back who just called, I said 100 oz on way, but need spot plus 1.25, no problem he said. I walk in the door too sit down and eat my burger, guy walks in with bar, pay him in cash, as he is walking out, guy comes in to buy it. never had this happen before. crazy times.

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  • jdimmick
    jdimmick Posts: 9,992 ✭✭✭✭✭
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    No actually a big mac

  • sparky64
    sparky64 Posts: 7,065 ✭✭✭✭✭
    edited March 27, 2020 7:28PM
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    @Justacommeman said:
    Quarter pounder with cheese?

    m

    Six and 3/4 pounder plus cheese. ;)

    Sounds like a Happy Meal to me.

    "If I say something in the woods and my wife isn't there to hear it.....am I still wrong?"

    My Washington Quarter Registry set...in progress

  • astrorat
    astrorat Posts: 9,221 ✭✭✭✭✭
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    Only $1.25 over? That's very fair in today's market. APMEX is pre-selling their house-brand struck bars for $4.99 over in quantity.

    Numismatist Ordinaire
    See http://www.doubledimes.com for a free online reference for US twenty-cent pieces
  • astrorat
    astrorat Posts: 9,221 ✭✭✭✭✭
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    @bolivarshagnasty said:
    ……...a guy walks in to a coin shop carrying a 100 ounce silver bar with a small monkey perched on his shoulder and a three legged dog on a leash

    Is the monkey carrying a small bat? ;)

    Numismatist Ordinaire
    See http://www.doubledimes.com for a free online reference for US twenty-cent pieces
  • oih82w8
    oih82w8 Posts: 13,212 ✭✭✭✭✭
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    Sounds like "you deserve a break today"

    oih82w8 = Oh I Hate To Wait _defectus patientia_aka...Dr. Defecto - Curator of RMO's

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  • Jimnight
    Jimnight Posts: 10,846 ✭✭✭✭✭
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    Wouldn't it be nice if all business transactions went down like that

  • ricko
    ricko Posts: 98,724 ✭✭✭✭✭
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    Well that eliminates any 'carrying cost' that often is associated with inventory... ;) Cheers, RickO

  • Stork
    Stork Posts: 5,208 ✭✭✭✭✭
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    Your buyer was probably giddy with joy at your price. I almost died of shock looking at the current premiums at APMEX and the others.

    Eagles

    and the bars, all are sold out and this is the 'presale' of their house brand.

  • Pedzola
    Pedzola Posts: 1,028 ✭✭✭✭✭
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    I agree 1.25 over is a deal right now.

    Instagram

  • shorecoll
    shorecoll Posts: 5,447 ✭✭✭✭✭
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    I'm holding off buying a 2019 and 2020 for my Dansco, I can't imagine paying $24 each for a monster box.

    ANA-LM, NBS, EAC
  • Cameonut
    Cameonut Posts: 7,436 ✭✭✭✭✭
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    I remember when Big Macs were $0.65 back in college.

    “In matters of style, swim with the current; in matters of principle, stand like a rock." - Thomas Jefferson

    My digital cameo album 1950-64 Cameos - take a look!

  • mustangmanbob
    mustangmanbob Posts: 1,920 ✭✭✭✭✭
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    No stimulus check for you!

  • Dave99B
    Dave99B Posts: 8,947 ✭✭✭✭✭
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    Awesome flip. Love it!

    Dave

    Always looking for original, better date VF20-VF35 Barber quarters and halves, and a quality beer.
  • thebeav
    thebeav Posts: 4,118 ✭✭✭✭✭
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    Of course, 1.25 over was a nice deal for your buyer, but I'm sure you've earned a life-time customer.
    You can never have enough people calling and looking for this kind of stuff.

    My Ebay Coin Store
  • Lakesammman
    Lakesammman Posts: 17,696 ✭✭✭✭✭
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    It's not much of a markup, IF you paid spot......

    Gone but not forgotten: IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Ricko, Big Moose, Cardinal, CoinsAreFun.
  • asheland
    asheland Posts: 24,545 ✭✭✭✭✭
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    I love hundred oz bars!

    My YouTube Channel

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