Title | : | Trying to Sell $10,000 in GOLD to Coin Shops... SHOCKING Offers! |
Lasting | : | 12.33 |
Date of publication | : | |
Views | : | 44 rb |
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BE SURE TO:
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br╚═╩══╩═╩═╩═╩╝╚╩═╩═╝ Comment from : Silver Seeker |
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It should be illegal for them not give you at least spot price Comment from : Gabe |
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What the hell does the US Patriot act have to do with anyone selling their gold? That is an infringement on my right Comment from : Gabe |
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What do u expect gold buying shops are in the business to make money Some shops just turn arpund and send it to the refinery other shops resell the coins with a premium But if i were a shop i wouldnt even give prices over the phone Comment from : Brian B |
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I love these videos keep calling these shops 💪 Comment from : 2kPun |
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hm Comment from : greener ell |
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EBay charges 10 of sales price Bad idea to sell there Comment from : hermesotaku201 |
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Cheap AF this is not right Comment from : Jed McCullough |
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Since shop #7 offered a FAIR and HONEST price, could you NAME THAT SHOP, PLEASE!! It would be deeply appreciated by your viewers and subscribers Comment from : Buford T Justice |
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will they sell you gold for 95 of spot? Comment from : allen schmitz |
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A lot more rip of places than what you've listed Yes, you have to be careful and shop around Thank you for sharing Comment from : AMERICO DILORETTO |
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So thats my concern If i start buying metals and say the economy tanks and want to cash in in the future, who do sell it to that doesnt rip you off or lowball you? Doesnt seem that you can just take a pocket of gold or silver to bank and cash in So, ur left with coin dealers an such that most likely will lowball your metal "investment" Comment from : Curt G |
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When you're selling gold coins are you selling BU coins only? Comment from : Joe R |
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I have plenty of PMs I am stopping now My fear now is who the heck will be buying these when I need to sell them? I get hosed on the front end purchase with premiums and on the sell date with redemption shortfalls I am out Comment from : Bullseye Bob |
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The coin shop dealers are getting so greedy is just incredible Comment from : Jane Mortz |
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This is what they say on the phone Do they actually offer the same when you walk in the store? Comment from : Eric Presser |
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I cannot take a $10,000 check to the bank and get cash There would be a hold on the check US Paper Money day is March 10 I will have a few videos released for March 10/US Paper Money day Comment from : MLM Warrior |
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Preciouse metals awsome Comment from : Nothin Soul of God |
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CRIMINAL Glad I dont and never have dealt with eaglesI have looked at the recent premiums and nearly puked 🤢🤢🤮 Comment from : Archon March |
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Looks like you better stay away from gold Comment from : Jerry Briggs |
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Let this be a lesson to all Never sell back to bullion dealers Comment from : SILVER PRO |
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What a great bit/act/schtick that teaches people in light years!! Bravo on your work and efforts!! I've learned so much from this reality show!! Comment from : Myron Gunnar |
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It is definitely worth shopping around outside your state line You'd be amazed on the price difference Makes traveling worth it Comment from : Reidlos Cidem |
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Patriot Act needs to go Comment from : Robert Duffy |
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now call all the same shops and ask what they sell gold eagles for Comment from : PeterParkerWeb3 |
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Maybe you should have posed the question this way…”Hi, I have six gold American Eagles for sale and I am looking to get spot or better Interested?” I’ll bet you would have had someone bite Comment from : Mark Mathosian |
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This is why gold is a insurance policy Or a long term saving account Comment from : Walter Lyons |
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Fun to listen to the LCS in what they have to say Thank You Sir Comment from : THE SARGE |
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Not sure why you feel the need to tell them that you are calling around to get prices Seems that sooner or later they will catch on to you if they haven't already Comment from : NoYo |
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Why did you not call SD? Comment from : N G |
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Very enlightening video, as usual! I was a bit dismayed that so many shops were back of spot for AGEs! Wow! In your earlier video, I was pleased that the Maples were in the same neighborhood at least I will be prepared to gird my loins for such disappointing offers, when and if I find myself in such a position It would be interesting to hear the offers for some of the "lesser" bullion coins, maybe some Kangaroos and Krugs! I wish I had your quick math brain, SS! Comment from : strat959 |
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Most gold &silver dealers are not buying gold or silver now, they want to make money, but you can buy a a large markup The same will happen when you really need cash, gold is not the best invertment, ammo,cheep booze, etc will get you by, and cost you lesd Comment from : Charles Tillery |
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Great video Have you done a video like this for the fractional gold coins? I would be upset to find out that the extra premium of fractional coins would also be offered spot or below Comment from : Rising Heritage |
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Thanks you - and certainly does not hurt to let coin shops know stackers shop around! Comment from : Seven |
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You should not consider ever selling gold Comment from : Al Washburn |
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My understanding was that when it comes to Gold Eagles, Gold Buffalos, and Silver Eagles, no forms need to filled out when selling them, regardless of the quantity, since they are legal US tender Perhaps I'm mistaken, but I've always understood that the $10,000 rule is only for foreign coins and bullion Comment from : Danavi Puzzles |
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What did you expect from thieving stores Comment from : Fuyu neko |
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I'm still not feeling the whole "Respected mint bullion is more valued, trusted, and easier to liquidate" line My gut feeling and from what I'm seeing here keeps me on cheap bars and rounds Comment from : Michael Earl Grey |
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I think it would be interesting to know for each shop how much are they selling the same coins for at retail, on the same date, of course Comment from : filmbuff000 |
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interesting as always I still dont get the point of keeping the name of the good dealer hidden but I guess at the end of the day the rest of us will just know we have to call around until we find "the one" Comment from : The Future is The Future |
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Patriot act lmfao No coins for you! Comment from : AJ S |
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This is crazy was just at my LCS like 4 days ago and is still paying spot or even 1 over for maples, buffaloes, eagles, etc Comment from : J |
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NAME SHOP 7PLEASE Comment from : mark dittbenner |
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Stay far away from the rip off shops and let your friends know which ones are trying to take advantage of everyone Comment from : mark dittbenner |
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Just an FYIin every call you said you wanted to sell 6 AGEs, except the last call Don't know if the added paperwork reporting skews the quote or not, but it could Comment from : Sam Lowrey |
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Shocking low? Try intentional rip offs One coin shop was offering two dollars under spot to buy They were selling same coin for 6 dollars over spot Comment from : KEVIN DELONG |
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Question for everyone, the reason I stack precious metals is for emergency situations, are you telling me that I have to fill out form 8300 when I sell bullion so I can get taxed on something I might not have made a profit from? Comment from : Ivan Radas |
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Good video Thanks! Comment from : JAB3 |
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The ones that buys under spot are pure evil 👿 Comment from : sultan |
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I did not know that about cheques, that u could either cash or deposit them…🤡 Comment from : Kevin Connor |
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Lol no thanks SD bullion pays +30 for random years and +45 for 2023below spot is a joke fo eagles Comment from : Allen Rowland |
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Ouch!!! Gold Eagles are getting spanked 😢 Comment from : John Goode |
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Maybe you should try a video where you trade gold for silver and see how many they will trade you per ounce Comment from : Bob Witzel |
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Buy generic gold and silver Comment from : 808 |
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Don't buy eagles Comment from : 808 |
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My local coin shop is paying 25 dollars over spot currently and was paying 50 over when premiums were higher seems very similar to shop 7 Comment from : David Morton |
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One LCS quoted me about $75 back from spot for both eagles and buffalos so id never sell to them BUT they also sell junk silver for 17X facelike all shopping you find the deals where they exist, You can go to 5 grocery stores and find deals at everyone but overpriced items at everyone as wellGood to be a good consumer Comment from : cutlerylover |
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Shocking and crazy for some of those! Comment from : 72cmcinc |
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My local coin shop pays me 100 percent spot but we have done alot of business back and forth I don't even shop around anymore 100 percent Is amazing Comment from : Kenneth Puckett |
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Wow, I feel privileged I get 90 percent for scrap k gold Comment from : Reptile Chef |
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AND THE SPOT PRICE IS $5 DOLARS LESS AT THE TIME I LEFT MY LAST COMENTbrTHE SPOT PRICE RIGHT NOW IS $186900 SO THAT'S WHERE I WOULD SELL TO,br HANDS DOWN ! Comment from : Dan Max |
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Do your research people!! You do not need to fill a form 8300 for Gold Eagles Ultimately is our job to make sure we are operating with in the law Trust but verify!!! Comment from : The Outdoors Living |
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You don't need to sell your PM's to coin shops, of course you're going to get low-balledespecially when you sound as if you don't know anything You can sell your coins through Ebay or locally at spot price, and possibly add a small premium yourself I've done it many times without issue Comment from : K3n |
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So what I heard was "call at least 7 places"lolThanx Stacker!! Comment from : Markinator |
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These guys all think gold is heading south! Comment from : ModernCicero |
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My LCS still has premiums especially on silver Comment from : bob sacamano |
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Thanks for the video Comment from : Damian Marley |
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What is the difference in Radial Buffalo round vs non-radial? Comment from : kjvLifeRider |
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Do you distort the shop peoples voice? I watch scam the scammers videos and the dude will use the same two voices of the first two shops for calling scammers and pretending to be a grandma Comment from : Shootin yogurt ropes |
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Coin shops will fleece their buyers too They want your Federal Reserve notes! The premiums went up because they are taking advantage pandemic crisis There is no shortage of metals Comment from : Billy Bob |
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I am losing faith in coin shops I know they need to make a margin to stay in business But they seem to count on the fact people get these coins and know nothing about PM trading They take advantage of the uninformed I am sure there are many good dealers, but there are too many crooks Comment from : jppagetoo |
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Excellent Comment from : Bacon Wizard |
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can you do this again saying you have 1oz gold bars?brbri remember back around september my lcs was PISSED when gold was in the $1650's so i think theyre factoring that back in because i hit them hard and they were like OKAY WE DONT HAVE ANYMORE WE ARE CLOSED LOLbrbrwell,hard in my budget but other people did too so i think they went negative so theyre tryna recoup that now lower than spot man Comment from : jacob manalang |
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You should call shop five and ask what they are selling gold eagles for Comment from : Z Dawg |
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I have a few $10 pre 1933 gold and went to the local shop he offered me like $800 so I put it on ebay and got $1275 big dif Comment from : Wheelman07 |
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Thank you for the information Has anyone had experience with selling to refineries? I went to one a while back and bought a Maple I asked for a price list and it seemed that they paid slightly more than spot? Comment from : JimCo |
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Would love to deal with my lcd Last time I went into one to buy silver with my daughter as i was teaching her about precious metals They treated me like a criminal Never again I deal exclusively online Comment from : ngraves1002 |
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Spot plus 1000 let's go Comment from : King Silver |
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I love this program Episodes like this are very cool Comment from : Theodore Boosalis |
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Fascinating, educational, professional,complete video Comment from : Alternate Movie Trailers |
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I’m curious if they would offer over spot on the 1/10th ozt AGEs? It just seems like they’d HAVE to offer over spot on 1/10th ozt AGEs when the premiums are over 30! 🤯 Comment from : Alessandro Rossi |
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It pays to shop around 🧐 Comment from : Bullion Addict |
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DO NOT SELL ! BUY ,BUY BUY ! IT WILL BOUNCE BACK ! Back up the truck ! DO NOT SELL ON LOWS ! Parasitic system manipulation of a nation ! Do not sell cheap the are SKIMMING CHINA HERE AT WORK ! Comment from : Oleg Petelevitch |
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Here in Europe - Czech and Slovakia one good coin shop have always also online buying price, and I see that is 8,5 lower than selling pricebr(Maple Leaf 1 Oz one piece) Comment from : Martin Kopecky |
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Similar story here in the UK, struggling to get 98 Comment from : Speckled Jim |
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Great video by the way Comment from : Midget Mack |
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Hey SS you should’ve ask each one of them if they pay Cash or will pay in check for each shop to see what’s the majority shops doing Comment from : Midget Mack |
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Never sell! Comment from : Peace and Freedom Economics |
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Seems logical to me they would not pay over spot Gold spot Prices are down to sideways, with a dollar that is bouncing off major support If gold clears above $2000, these dealers may change their tune, as gold would be viewed to be more likely in a bull market of significant proportions If spot goes over $2100, it’ll be off to the races Dealers will want all the gold they can get their hands on They will pay over spot, and probably sell right away at higher premiums Comment from : M man |
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