mcarterbrown.com  

Money and Finance Because you have to save money to spend it on new paintball stuff!

Reply
 
Thread Tools
Old 05-12-2014, 01:46 AM   #11 (permalink)
Sorry, that's classified.
 
Donut SD's Avatar
 
Join Date: Sep 2011
Location: SoCal, USA

Most of the time it's at cost. I've had my dealer run favors, like getting specific coins from certain mints or someone who had a connection. She up charged me 50 bucks for the leg work.

In my case the benefit is purchasing in batches of $1000 or more to avoid certain fees. The final price would would include spot pricing and any collector value involved for certain coins. We've not dealt in bullion yet. Her usual clientele prefers coins.

Last edited by Donut SD; 05-12-2014 at 02:01 AM.
Donut SD is offline   Reply With Quote
Old 05-12-2014, 09:13 AM   #12 (permalink)
Ballin'
 
Join Date: Mar 2013
Location: SC

Quote:
Originally Posted by MarkT View Post
The website says "Buy Price: $21.11 * This is the price APMEX will pay you when selling your items to APMEX. Subject to certain minimums."

What are the "certain minimums"?
I've sold to APMEX a few times; they have a $1000 minimum when you sell to them. I picked up a few big lots of coins from estates for face value and sorted them for the silver.

If you're only in it for the silver, not the coins, I would go the ETF route through a brokerage firm. If you look around at the different brokerages you can find ones that have ETFs you can trade without any transaction fees (or a certain number of free trades per year). If you've really got a read on the silver/metals market (I don't pretend to - I use bear/bull triggers for metals), ETFs will let you short it on the downside.
Jmorell818 is offline   Reply With Quote
Old 05-12-2014, 08:48 PM   #13 (permalink)
MCB Member
 
Join Date: Oct 2007

CCM Fan
here is a good info site.

Silver Coin Melt Values with Live Silver Prices - Coinflation
__________________
“Do not yearn too much for a sword made by a famous smith. This is because even if you give a good man a sword worth ten thousand coppers, he will not be able to beat a hundred men each holding a spear worth a hundred coppers.” - Asakura Takakage Toshikage, 1462-1482

Ecc. 9-10
Whatever your hand finds to do, do it with your might; for there is no work, nor device, nor knowledge, nor wisdom, in the grave, where you go.

NEW STORE http://store.chipleymachine.com/

DOOR GUNNER handgun mounts for gunsafes.

http://www.machineshopdpm.com/
CCMachinist is offline   Reply With Quote
Old 09-27-2014, 08:35 PM   #14 (permalink)
Just Some Guy
 
MarkT's Avatar
 
Join Date: Apr 2006
Location: Livonia, MI

Silver has reached a 4 year low. Any guesses on which direction it is heading?
__________________
If nobody wore clothes women would go to bars to watch men put on tuxedos.

My Feedback
MarkT is offline   Reply With Quote
Old 09-27-2014, 09:53 PM   #15 (permalink)
MCB Member
 
jellyghost's Avatar
 
Join Date: Jul 2012
Location: KCMO

There is good info in this thread. I helped liquidate a fairly large collection last year. There were quite a few dealers in the three large cities I searched, but I found that the best and biggest dealers seemed to all know each other across the country. I had a much better experience when dealing with png dealers:
Find A PNG Dealer | Professional Coin Buyers & Sellers
The two dealers I used that were png members used a no haggle formula based on a weekly price sheet.

In my opinion, there are three reasons people buy coins:
1. to invest in gold and silver
2. numismatic value (apparently some people buy coins like paintball guns)
3. when the zombies come.

If the reason is number 1, I think trading on an exchange is preferable to actually owning the coins. I had to hide the coins, worry about the coins, and never talk about the coins. In addition, the transaction cost on an exchange should be lower than actually dealing with the metal.
If the reason is number 3, I think older american silver currency that is only about 90% silver is the best option. You don't need people to break a super valuable piece, and it is inexpensive to hoard.

btw don't buy anything that is pumped up like the morgan silver dollars...
__________________
My Feedback
jellyghost is offline   Reply With Quote
Old 09-30-2014, 08:41 AM   #16 (permalink)
I like Guns and Cigars.
 
maggot's Avatar
 
Join Date: Jul 2008
Location: MO

Quote:
Originally Posted by MarkT View Post
Silver has reached a 4 year low. Any guesses on which direction it is heading?
Lower. It still hasn't stabilized from the crash.

__________________


Otter Customs Paintball - - - - Straight Up Cigars - - - - My Feedback
maggot is offline   Reply With Quote
Old 09-30-2014, 09:50 AM   #17 (permalink)
MCB Member
 
240SX's Avatar
 
Join Date: Nov 2008
Location: Newfoundland, Canada

CCM Fan
Where do you guys buy your silver from? Do you experience much of a markup on silver bars in your area?
__________________
Quote:
"Move swift as the Wind and closely-formed as the Wood. Attack like the Fire and be still as the Mountain."
Sun Tzu
Feedback:
eBay
username: bacreman, 100+, 100% positive
Tdotballers.com
http://www.tdotballers.com/forums/in...&#entry1062159
Mcarterbrown.com Feedback
http://www.mcarterbrown.com/forums/f...-feedback.html
240SX is offline   Reply With Quote
Reply

  mcarterbrown.com » General » Off-Topic » Money and Finance

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

Forum Jump


All times are GMT -4. The time now is 03:57 AM.


Powered by vBulletin® Version 3.8.6
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
Search Engine Optimization by vBSEO
© MCB Network LLC