Why Are People SELLING Their Silver? Coin Shop Owner Tells All!

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Title	:	Why Are People SELLING Their Silver? Coin Shop Owner Tells All!
Lasting	:	17.46
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Categorizing what “D” group student loans fall into is pretty far out into the weeds and isn’t interesting Overall it was a good show
Comment from : Amy White

There is something strange about this video and I guess about something I only discovered recently (the 'stacking' people) don't folkis realize that the only reason to buy silver is to at some point, sell it? you can't eat silver Like one of the worst things I can imagine is to die while owning a lot of silver What a waste
Comment from : Jim Lang

You have to shop…I got a tube of eagles for $299 over spot
Comment from : WatchChat

How can anyone possibly afford those prices??? We live in the burbs of Phoenix and those homes sell for $650,000 here 🎉
Comment from : Claudia Nepley

And here I just sold some of my silver for the first time last week I can't say it was for one of the D's though, maybe "decluttering" in my case I had decided to streamline my stack by getting rid of the rounds that I only had partial tubes of, ones from earlier on in my stacking days when I would only get a few at a time whatever was on sale
Comment from : Matthew Wynne

There's a 5th "D", as in: Don't exactly know what you're doin'
Comment from : Midnights Ocean

If going high the price I sell al my 350 oz and Chang to gold stuped Metall very small win only 3 Euro in 7 jears failed total
Comment from : Asdf

I have a reasonable amount of silver and 5 gram gold bars Is there any resourceful websites or shops to sellthank you
Comment from : Kim Fyffe

It's fine to get 100 oz bars if you got plenty of rounds and/or junk silverprobably wanna keep it under 20 of total amt tho, and maybe mentally designate it to swap for gold when the ratio is down
Comment from : Ken D

Silver is an asset storing silver and never selling it is pointless you might as well throw it in the bin and just pretend you have lots of silver it exactly the same thing ffs
Comment from : ben g

I sold some silver and gold this year needed a house
Comment from : Ding Dong

10:18 If someone asks why, tell them it’s none of their business Or tell them it’s personal Your coin dealer, banker, whoever, has NO business asking why you wish to conduct a business transaction, and YOU have no obligation to disclose why
Comment from : Ra1der5

I will trade mine for land, that's the plan, I'm probably 1/9 of the way
Comment from : Tertiary Objective

I would love yo buy silver at spot Send them my way!
Comment from : firebird77clone firebird

In the past, whenever i sold my silver, it was because i needed the money But i no longer sell my silver
Comment from : Vicky Harp

Debt desire divorce death or drugs
Comment from : Edward Rook

Awesome video! Keith’s a great guy
Comment from : Plumber Stacker

Thanks for the interview with Keith I've purchased from Kieth before although I've never been in his shop A real stand up guy!!
Comment from : Richard Metcalf

all my friends are selling down too, but we are selling our other metals first silver is next, I am a scraper so we get a lot of short steel, Alum, Brass and copperbrthe economy just sucks to we have to sell just to keep our head above water and not lose anythingbrI have seen a lot of friends paying off their house and car, F*** credit cards they are unsecured debt
Comment from : Robert F Donahue

I buy single rounds and 10oz bars
Comment from : mandoleene bando

The fifth "D" is "Dumb"
Comment from : NVR EZ

Because of money printing by the Fed making everything to expensive!!!! DA !!!!! 😡
Comment from : William

Bought my silverput it a way and forgetmaybe one day it will be useful to me or my kids and grandkids
Comment from : Nardus Ellis

Most all YouTube videos talking about silver stacking are absolutely wrong and their motives and real orchestrators must be questioned
Comment from : jayna reynolds

Have you ever seen a coin crew auction talk about high mark up on silver got to be the highest on line but is very interesting to watch
Comment from : Upscale Flipping

BRICS nations will not take over the dollar This is mostly fear mongering for seiving gold and silver sales
Comment from : Scatto

Hang on to your stacks (real money) - if CBDC's come in, real money will make a come back
Comment from : The Navigator

Great interview, insights, and guest Sound like a great and honest coin dealer Interview him again
Comment from : The Navigator

Buy Gold and silver if you are wealthy and want to stay wealthy Buy Bitcoin if you want to become wealthy
Comment from : JOHN Q LUNCHBUCKET

I thought the last “D” was going to be “drinking”
Comment from : E B

Take profits!
Comment from : Jim Goodreau

Thanks for addressing one of my questions, Seeker I still have doubts about the price changing between the phone and the actual transaction He didn't say anything about the condition I know there is a price difference between "Retail Friendly" silver and not My LCS told me "scratched and not-scratched" He seemed annoyed by the question and suddenly less friendly and too busy to continue the conversation That was the first time I called him not to ask about inventory and make a purchase In those cases, he was more friendly and had more time I've been working the collectible market most of my life and I never see stacks go on the market I see vintage Dungeons and Dragons being sold off on ebay by families of someone who passed all the time Other stuff too I never see someone's silver stack go up though Only dealers and flippers What does this mean? I've never heard a stacker talk about selling at a profit Stackers don't sell I've never walked into my LCS and seen an over-the-counter buy either I know my sister went to a coin show with her half of the silver inheritance and got SKINNED But I'm not supposed to know that Shame she didn't come to me for help with that I guess the only way I'll be convinced is to sell off half my stack, but I don't want to do that for the same reasons that other stackers don't want to sell I enjoy my stack and I'm afraid of finding out the truth If you're reading this, enjoy your stack, but have a well-thought-out and maybe even tested exit strategy And a few ounces is not an effective test
Comment from : TTBS

Hello guys how is it going?
Comment from : William Gibson

Still stacking and holding
Comment from : Mark H

I sold gold in 1999 and silver in 2002 I didn’t know much yet about the metals markets and I really needed the money
Comment from : Mark

The local surveyor used to deal in rental properties with sitting tenants and he said the sellers of those properties usually sold for the four Ds Divorce, death, debt and duh, I forgot
Comment from : Dave Bellamy

Stolden?
Comment from : History I Witness

🤔🧐🤪🤣
Comment from : Sharon Schmeeder Johnson

I bought a lot at 29, sold 1/3 at 34, bought more at 27 sold some at mire at 31 etc etc etc Sell when you need cash, buy for the future Get it?
Comment from : Jean Paul

I live in Phoenix and was calling around to sell gold and silver today and all the shops in the valley are awful If anyone in the area knows a good place let me know I use sd buyback which is always more than the local shops but shipping it always makes me nervousbrbrMy reason is pay off some recent medical bills and hold cash for the next dip
Comment from : JDB

How about Kruggerrands??what is price over spot?
Comment from : Linda Scudder

Another reason is an older person that has had silver coins for decades as a just in case now getting health wise to where they know long term is getting shorter selling it and just spending the money rather than leave it to family who are sitting on the fence like vultures waiting for them to die to swoop in and get whatever they can get their hands on
Comment from : bill wiley

Why are people selling silver? Because its a stupid investment Silver is $25, 100 years ago silver was $21, in the 60's and early 70's silver was $20, in the 80's 90's 2000's and up to 2008 it was LESS than $20 Nothing has performed that badly!
Comment from : Paul S

Skip to 6:15
Comment from : Decline Management

More people have zero silver vs those with
Comment from : R&R Media

Why would anyone sell, 500 dollars an ounce is just around the corner
Comment from : Steven Anderson

I would have to assume you sell because otherwise why did you buy it in the first place? Was your goal to die with a big pile of silver or gold? Like all currency, it’s worthless unless you spend it
Comment from : Cosmic Insane

You forgot the 5th D, Drugs 😉
Comment from : Deadikace

Took some profits in gold Bc there is a pull back coming Same with silver
Comment from : Trump Won

The 5th D: Dealer 😉
Comment from : Kratos Tomatoes

I've called 5 shops in the area to sell about $60 FV of quarters and every shop has offered just melt value for the 90 One shop offered 10x FV Are you seeing the same of just melt value on 90?
Comment from : F2 Performance Lab

These things he said about buying and selling selling are good to keep in mind as that's what a robust, equitable, market is all about like in any business
Comment from : Eric

I think these sellers are simply people who're in a pinch
Comment from : Anthony Alba

I need to do some repairs around the house that's my reason
Comment from : AllDayEveryDay

Carpe Argentum
Comment from : Brian Turner

Bro i want open a silver exchange coin shop how to strt it from 1st plz guide me
Comment from : Rishiraj Borah

It's not a matter of if the BRICS nations will take over as the world reserve currency it's a matter of when The US dollar is finished either way
Comment from : Ą†řąχΜФґğυЄ

can you ask him for that 100 oz silver bar he gave the lady $1 over spot, would he give the same for 100oz Johnson Matthey, 100 oz Maples bar or 100oz Englehart? He still pay customer $1 over spot of these as well?
Comment from : GTAGoldSilver Stacker

so the coin shop owner wants to know why people are selling silver to him because he is afraid it could be stolen, but if that lady or customer who bought from him in the past and now wants to sell it back to him, does he still need to know the reason why they are selling it? it's nosy to want to know why people want to sell their PMs Ask him this next time, about customers that bought it from him and decides to sell it back to him in the future, will he wants to know the reason why they sell it back to him? I don't like to give any reason why I am selling my PMs when it comes time to sell
Comment from : GTAGoldSilver Stacker

Because if the economy goes as bad as is predicted, no one will trade you a can of food for your silver
Comment from : David Hammond

Thanks for wasting time with the like and subscribe on every video on every channel, learn to stop the madness
Comment from : psykpyrate

It a nice sunshine bar it not some hack job bar
Comment from : Daisy Karen

I sold all my questionable fake silver and bought real
Comment from : Daisy Karen

IF YOU SELL YOUR METALS YOU WILL ONLY MAKE SPOT PRICE, DONT BUY ANYTHIN HIGH PREMIUM
Comment from : William Dawes

Enjoyed this interview!! Thank you!!
Comment from : Annie Oakley777

Selling silver is not a good time , it’s a good time to buy silver and buy tons of them for dollar collapse !!!
Comment from : Andrew heck

Easy answer: I inherited some constitutional silver and I don’t want it, so I’m happy to put it in the hands of those who do I guess Death is my D: my mother’s death
Comment from : Patti Austin

Enjoyed your chat with keith
Comment from : bobrobstacker

Spot is not the Bible It is an easily and often manipulated paper (theoretical) number What reputable dealers charge for physical is the real world value
Comment from : Al Doyle

I have sold a little bit of gold at one time and was asked why I was saling it and I just told him I was up on it My personal reason for saling it was as much as his business as a bank wanting to know why I'm withdrawing I had bought them from him and his shop along with the majority of my stack
Comment from : bryce thomas

I'm in sales, strictly comission Had a bad past two weeks, so decided to sell some of my silver snd gold to pay of some billsbrbrThe premium on any american sovereign are ridiculous right now, so i off loaded about 7 tubes of silver eagles got 1050 over spot; (4) 1/10 gold eagles got 15 over melt, and one oz gold buffalo, got 2 over spotbrbrJust couldn't pass up the premiums on the american coins
Comment from : Thiago Santos

Really you ask them why there selling there silver??? Do you ask them when why they are buying silver??brMaybe the need the money? That’s what I’m starting to see in these coin shops You’ll sell it but hesitant when buying it?
Comment from : M And R Farms

Great video!!!!
Comment from : Jim Dunkle

Good seeing you guys collaborating!
Comment from : Dept of Numismatics

Too much talking before the subject
Comment from : Joel Eskes

i get mine in 3 days from kitco
Comment from : tip ton engle

I sold over 500oz of silver in December before the price rise and I don't regret it I had the opportunity to buy a house for cash My stack was to big to move around with me and it made me nostalgic whenever I'd pull it outNow I have no rent and I don't care that the price has risen because I'm far better off
Comment from : Stonezster

I sold my silver to buy a small piece of land out away from everything
Comment from : CaptJack-OffGrid

It's a lot easier to find 100 people to buy 100 of your 1oz rounds than it is to find one person to buy your 100oz bar
Comment from : FU 46

If you live in a state that doesn't tax the profits off of money ie eagles and junk, as long as you maintain a core position, take some money off the table
Comment from : Philip Morgan

Their selling it to pay their bills and feed their babies Have you seen the prices of everything in this nation?
Comment from : Karyn Stoneking

Seeker this is Steve in Florida caught your video and enjoyed it thank you for doing it ya the times are making some people sell their silver things food and groceries and living supplies are just so expensive I think push people to sell so far for me I have been able to keep my stack
Comment from : Steve Kamitsis

I wanted to say I agree with Richard about your video, I love your response and take on the precious metals You hold nothing back and still PC 😊
Comment from : Kelly smith

That sucks that people steal and it hurts more than just the person who got ripped off
Comment from : bob sacamano

Keep it up
Comment from : CoinMan 5000

Metals are nice too
Comment from : Miguel Cordova

Cash is king 👑 period
Comment from : Miguel Cordova

Love IT, 2 of my YT Favs on the same video SS, CC, and RFT are the channels I like the most for info and general good watching
Comment from : Rick K

Silver highs never hold, makes sense to sell now and buy it back later for cheaper
Comment from : braddeicide

I sold silver to buy more gold, i love gold
Comment from : Bill MASE

Great video The only question I am left with is What percentage of sellers walk away from the offer? Thanks
Comment from : Veteran Stacker

Always wearing the SD shirtsdo you work for them
Comment from : ST Lane

Because people are hurting for money 💰
Comment from : Timothy Sajko

That’s exactly what I wanted to hear! KEEP STACKING!
Comment from : Orris Germundson

great video, the dealer seems to be quite an honest fellow
Comment from : GO440

Don't forget the 5th "D" Dumb
Comment from : noblelies

Im so happy i saw this video today This fellow is within driving range of me It is a ways to go, but it will be good to go see him I have 54 1996 silver eagles Im considering trading those, or some of them, for lower premium silver and increasing the weight of my stack What do you think? I know 1996 is a key date That is all the eagles i have
Comment from : Ron Bell