If I may ask, what incentive does someone have to sell to you below the issue price? For instance, I was in at the $285 price for all the 2010 P's...I would be losing, what, 365 bucks if I sold them to you.
Not trying to thread crap. I see many satisfied sellers in here and I'm curious how one can be satisfied by selling them at a loss.
I apologize for the lower prices. This is what happened when the price of silver dropped which prompted the US Mint to reduce their issue price by $50. The market has responded and the prices have come down. I don't believe there is much incentive at this point. The opportunity is for the person that already owns coins and wants to sell their coins without hassle, we're priced about right for what they may auction for and net us $10 +/- for the hassle. Our profitability on this program honestly has been between low to none.
<< <i>If I may ask, what incentive does someone have to sell to you below the issue price? For instance, I was in at the $285 price for all the 2010 P's...I would be losing, what, 365 bucks if I sold them to you.
Not trying to thread crap. I see many satisfied sellers in here and I'm curious how one can be satisfied by selling them at a loss.
Thanks, Jeremy >>
There are a couple other avenues to go with besides selling to Seth, who I might add is a great person to deal with:
Try selling them on eBay. However, from what I have seen, you will net less than what Seth is offering.
Hold until silver and/or demand increases which should drive prices up. However, this may never happen and your even get less in the future than what Seth is offering today. After all, you are only looking at about a $160 worth of silver at today's price.
Just keep them and enjoy them. If you have held on to them this long, I can only assume you bought them to collect them. Yes, it would be nice if all coin bought from the Mint appreciate in value but that won't happen. I have a bunch of older clad mint and proof sets that are worth less than what I bought them for.
I only bought the P-pucks to flip right after they were issued, making a few bucks. Had silver went to $75 an oz, it would have been a bad decision on my part. I believe the P-pucks are doomed and they are dragging the bullion pieces, which I find much more pleasing to the eye, down with them.
<< <i>I apologize for the lower prices. This is what happened when the price of silver dropped which prompted the US Mint to reduce their issue price by $50. The market has responded and the prices have come down. I don't believe there is much incentive at this point. The opportunity is for the person that already owns coins and wants to sell their coins without hassle, we're priced about right for what they may auction for and net us $10 +/- for the hassle. Our profitability on this program honestly has been between low to none.
Thank you for the request,
Seth >>
Thanks for the honest answer, Seth. Again, I was not threadcrapping but merely curious.
Comments
Go BIG or GO HOME. ©Bill
Not trying to thread crap. I see many satisfied sellers in here and I'm curious how one can be satisfied by selling them at a loss.
Thanks,
Jeremy
Thank you for the request,
Seth
<< <i>If I may ask, what incentive does someone have to sell to you below the issue price? For instance, I was in at the $285 price for all the 2010 P's...I would be losing, what, 365 bucks if I sold them to you.
Not trying to thread crap. I see many satisfied sellers in here and I'm curious how one can be satisfied by selling them at a loss.
Thanks,
Jeremy >>
There are a couple other avenues to go with besides selling to Seth, who I might add is a great person to deal with:
Try selling them on eBay. However, from what I have seen, you will net less than what Seth is offering.
Hold until silver and/or demand increases which should drive prices up. However, this may never happen and your even get less in the future than what Seth is offering today. After all, you are only looking at about a $160 worth of silver at today's price.
Just keep them and enjoy them. If you have held on to them this long, I can only assume you bought them to collect them. Yes, it would be nice if all coin bought from the Mint appreciate in value but that won't happen. I have a bunch of older clad mint and proof sets that are worth less than what I bought them for.
I only bought the P-pucks to flip right after they were issued, making a few bucks. Had silver went to $75 an oz, it would have been a bad decision on my part. I believe the P-pucks are doomed and they are dragging the bullion pieces, which I find much more pleasing to the eye, down with them.
<< <i>I apologize for the lower prices. This is what happened when the price of silver dropped which prompted the US Mint to reduce their issue price by $50. The market has responded and the prices have come down. I don't believe there is much incentive at this point. The opportunity is for the person that already owns coins and wants to sell their coins without hassle, we're priced about right for what they may auction for and net us $10 +/- for the hassle. Our profitability on this program honestly has been between low to none.
Thank you for the request,
Seth >>
Thanks for the honest answer, Seth. Again, I was not threadcrapping but merely curious.
Good luck with everything!
Jeremy
A fast and smooth transaction.
Joe
Happy Thanksgiving!