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I Tried to Sell $10,000 in Gold Coins to Coin Shops... They Said THIS!

Silver Seeker 468 views

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I'm enthralled by all of this talk about buying and selling and stacking blah blah But I am shocked, I think that's appropriate, to discover that gold coins are being adulterated For me, gold should be gold, one hundred percent AU Why is gold being alloyed? This stinks of china
Comment from : @brucejenner5856

I realize coin dealers need to make money, but 30 friggin dollars UNDER spot for an eagle is ridiculous
Comment from : @0101-s7v

I realize coin dealers need to make money, but 30 friggin dollars UNDER spot is criminal
Comment from : @0101-s7v

There using gold back like Pokemon trading cards not because the gold value because of the waifu on the currency
Comment from : @grillteam8439

u know what i dont get gold is all time low i guss i got 20 gold coins u know what odd is ebay is getting 300000 to 3500 so they offering 100000 less brnow note states consider it leagle tender , in short all u traiding kinds of tender u got, but bottom line this what is ebay ack selling gold coins for becuase i got all u got says what they do is put in there ebay account on line sell them, these shops dont keep gold silver, becuase they get so much more on ebay
Comment from : @cincinnatiman-n9d

I think that you should try with the same coin shops with 10-15 year old gold coins
Comment from : @Historyswatching

nice work
Comment from : @Alan-pm9gm

Buying silver and gold is easy, but it is renowned for stability during economic hard times like this The main problem is investing in stocks, dividends and even cryptocurrencies to grow your portfolio I’ve been trying to grow my portfolio of $190K for some time now, my major challenge is not knowing the best entry and exit strategies I would greatly appreciate any suggestions
Comment from : @sirheisenberg4459

el gobierno no vende la moneda como simple metal sino como una joya que vende en 10 veces el valor del material , por eso los gobiernos prohiben que los ciudadanos trabajen con lingotes
Comment from : @LuisCisnerosRamos-y9y

So we cant pay you full price because it weighs more than the 1oz of gold that is in it What a con
Comment from : @terryhayward7905

Its much better if you just give them to me
Comment from : @julieta203

If its a gold copper alloy, whoever processes it later will have to use more energy purifying it again So I can see that there is a price difference
Comment from : @vast634

I mainly buy silver for future barter and paying taxes @ PENSIONER PREPPER
Comment from : @khankrum1

I’ll take raw 😂
Comment from : @appleztooranges

In Canada Eagles require sales tax Some states?
Comment from : @francisbacon2401

If they say anything about a sheet when you are selling coins You can bet your butt you are about to get screwed
Comment from : @Cloudmakergeneral

loss in exchange is no less than 7 of spot price any thing more, just move on
Comment from : @darrinfrench9018

Vraubanimejches/990billionliredata/15/nov/2024
Comment from : @sandorvarga7437

If you sell below spot you're a fool I have no problem selling gold and get over spot
Comment from : @falcorthewonderdog2758

I hold UK Britannias 9999 pure gold and have no intention of selling in the short term 15 years from now they will see my granddaughter through uni with no debts
Comment from : @JamesWilliamson-w8y

6:32 I mean if he was melting them down yeah he would not wanna pay gold price for something he will have to do special processes to get the gold out of it SO i could see that
Comment from : @KingKatura

👍🇺🇸✌️
Comment from : @juan8073

fine
Comment from : @fragiadakis

Only sell when you need cash If you market your gold to get more, you might get more trouble too! Stick with the coin shops and take the highest of the three you call Keep it simple Don't be greedy Gold will continue to rise so you will always do good with gold
Comment from : @supercraps6110

it's better to hold gold etf
Comment from : @davedeboy5726

Just buy Bitcoin, with exponential return The rarest hard assest on earth Gold up 143 over 10yrs BTC up 23,700 over 10yrs No brainer
Comment from : @yesindeed3751

I spoke to one shop and they’d only give me 80 of spot - to me they are ripping people off I have a raw gold coin I paid a little over $1800 for so to see spot is $2400 or more (at the time of this video) that’s pretty goodbrbrIt’s 92 of pure 1oz gold LOL!!! 😂
Comment from : @MaryOKC

Wouldn't buy gold to profit, just to hedge against inflation better off selling now and trading bitcoin or alts for profits
Comment from : @scoopdecoop

1:10 Surrly, that was a child on the phone Never trust a child to know much about gold 😂
Comment from : @pakjai5532

Slabbed bullion back to a dealer? NO chance!😂😅
Comment from : @davebellamy4867

I tried telling someone gold is not a good investment they thought it was great, of course they have gold 🤦🏻‍♂️🤦🏻‍♂️🤷🏻‍♂️🤷🏻‍♂️🤣🤣🤣🤣🤣🤣
Comment from : @haydukethor

Gold is gold and should be worth its weight not some BS design
Comment from : @crisphol33

Gold is only worth what someone is willing to pay you for it
Comment from : @sassoscrib

That is good news
Comment from : @stevehogan8829

The best way to invest in gold is only with bullions, the price goes by the price of gold, no added bullshit needed ❤
Comment from : @talmania1

This just means that the dollar has lost so much value
Comment from : @mrhallman64

A lot of countries dont like Eagles because they want pure gold
Comment from : @Vera-xu3xw

A pawn shop offered me $40 for 4 ounces of sterling silver
Comment from : @Treebronx

50 pesos is my favourite coin
Comment from : @arasf5236

pointless to pay premiums on gold coins Just buy bullion It's not a hard concept
Comment from : @chestermarcol3831

I don't really follow coins, but even I know dealers don't care about 'nusimatic' (historical) value How much is the metal worth?brAny gold bought is usually melted down anyway
Comment from : @justinwhite2725

My father died last year, age 79, and I inherited his large USA coin collection Nothing super expensive like this gold But most coins since 1900 I'm sure if I were to sell it, I'd be lucky to get 50 of its value So I'm just going to continue buying coins to complete it, so hopefully 2 generations from now someone can buy a house with it
Comment from : @billyoung8118

gold will be 50,000 an oz it is how the world will escape the current economic situation all currencies will be pegged to it and the price will remain stable
Comment from : @DavidStanleymusic

Dealers gotta make $ Buy low sell high
Comment from : @edwinrodeo

6:39 so why do you think they add copper and silver? Does it make it easier to mint? Nicer color?
Comment from : @Ian-of9oi

You missed part of what she said and that they would pay more for older 70 slabbed bullion coins not graded by the thousands
Comment from : @bingo7799

OMG seffing bitcoin is so much easier
Comment from : @markuskoarmani1364

So about 5 1oz coins?
Comment from : @johnleepettimoreiii65

I think I'll call around to see how much I can get for my stocks wait I don't have to call anyone I can sell my stocks online in seconds 😛
Comment from : @Spawny500

I had krugeraands, gold price doubled, i got to sell them for what i paid for them😂clowns game
Comment from : @Smarterthanyou-mthrfkr

I checked eBay and a one ounce eagle goes for between spot and $3,200
Comment from : @danahsutton101

US national debt is close to 36 trillion so I am planning to keep most of my gold just in case Nowadays my investments are mainly gold and Nvidia
Comment from : @mxweng

I asked a company that sells gold, why do you sell gold for the US dollar, when the dollar is becoming worthless and Russia and China are going to brick! They couldn't answer my question Gold is worthless unless you find a buyer I would rather have beans and bullets!
Comment from : @v65wings45

I hold a modest amount of my investment portfolio in gold and silver, not more than 5 to 10 I plan never to sell it The metals are there purely to serve as a "bottom dollar" should our currency collapse
Comment from : @BBQDad463

About 10 years ago I traded some scrap 14k for a Makarov It’s a really good gun …
Comment from : @generator6946

are those dealers putting their bet on fiat ?
Comment from : @elelectrotech9374

Never sell under spot they don't sell under spot, and it's considered just business well, when we are selling, guess what it is, just business never sell below spot they make $$$ by doing over spot so they will not lose out by paying at least spot never sell before spot
Comment from : @charchark365

So you want 10K and you said #3 wouldn't do itbut your graphic showed the amount to be $10,020 I am confused That is 10k, no? Still, that dealer sounded a littleshady
Comment from : @JM7284

He should probably stop calling the little people from the Wizard of Oz
Comment from : @brokensystem2234

SHE WAS RIGHT GOLD EAGLE HAS 9167 OF GOLD
Comment from : @CM-007

Selling my Bitcoin for profit instantly at market value is the way Ive traded gold and its expensive in terms of contracts when you go heavy All in all I wont knock it entirely but I wont waste my time with it further You can make substantially more money with Bitcoin and not deal with shitheads at a pawn shop Spot price is at ATH but your losing money because of malarky Fuck that nonsense! The argument for digital gold being BITCOIN is the way Deflationary asset with an actual limited supply in a inflationary world You can always dig up more gold Bullets and food will be the real currency when things collapse imo
Comment from : @taylorwhiting5732

I only buy BUFFALOS 🐃 funk EAGLES 😢
Comment from : @chiefordnance

I learned something today!
Comment from : @garyhammond2213

You should only have Proof Coins graded
Comment from : @frankslevett3436

Why is it the same voice
Comment from : @codybrown8962

You talk too much and much on the adds! Thumbs Down
Comment from : @slouchyjoe

Bought Buffs PRDCameo 2006W first year Buff holder or First Strike - definitely can get more Selling $400 over Apmex $3,000 and they sell out brSince many buffaloes have sloppy, uneven rims -who wants them MS 70 pays for earlier Buffs and 1986 first year Eagles The rest a waste usually
Comment from : @Greg-p2i

Hypothetically, what happens if we go into depression? How can u cash out my gold and silver if everyone is broke?
Comment from : @eugenehernandez4868

When we had that bad day in the market a few weeks ago gold went down…how It didn’t protect nothing
Comment from : @Fugged1998

Sorry, not sorry it’s worth it’s weight not the other stuff unless somebody wants to pay for it I only buy gold for less than the weight I buy it on the street I buy it from private people I do not pay full price and I don’t care what condition is it?
Comment from : @djjohnson5580

The one guy could not answer away his stupid remark 1oz of gold is 1oz of gold no matter
Comment from : @billleffew3906

Thanks , I definitely learned something from you today… Very informative…
Comment from : @genevandyke4088

I have bought and sold over $400,000 of American eagles in Canadian Maple leafs in gold I have sold all of them at spot plus a coin price The propaganda of these channels is disturbing
Comment from : @jay-by1se

I think all those coins are junk Please send to me to dispose for you
Comment from : @Eaglemadhatter

You think you'll get more if there is a run on people selling gold coins Not very likelybrIt's likely you'll get even less for your gold in a pinch 😢
Comment from : @virgilpalmer2427

Obviously, this guy has never owned a shop He would loose his azzz and be out in 60 days
Comment from : @Deepforestdweller

did he call Minnie mouse? it's all about leverage I would wait until Minnie was a little bit more desperate or at least 12
Comment from : @jackdonahue8773

And this is why metals are crap
Comment from : @American-Motors-Corporation

I'm just curious; why would they mix copper and silver in with pure gold? I understand that the amount of gold is still one ounce, but why even do it in the first place?
Comment from : @davidgagnon2849

Better spend the money as quick as you can As the price of gold goes up, that $10k in cash goes down in value, right?
Comment from : @fixnkev

You sell them back to the mint that made them You get more than spot
Comment from : @randygilbert4577

I guess a gold eagle wouldn’t be worth as much for someone needing pure gold
Comment from : @ducknorris233

Coin Collecting and Metals are just like other Markets, you have to Understand for it to make Cents
Comment from : @-SoulSimulation-

You can't buy small stuff like a loaf of bread with gold
Comment from : @lovtree

Invest in comic books, at least you can read them!
Comment from : @huffhouseart3377

I don’t buy gold eagles because they are only 92 gold I buy 99 Explain to me how you think you have 1 ounce of gold in a coin that weighs 1 ounce and is only 92 pure?
Comment from : @mommaoinnh2674

Been there, done that Won’t get caught up in numismatics again
Comment from : @johnboggan

U perfer bitcoin Have both but i at least 10x my protfolio in a span of 10 years
Comment from : @chronicxswagger

Why ever sell gold? If you're hungry, eat the gold
Comment from : @Gukworks

Its not that the Gold Eagles are worth a lot more than they were a few months, its that the USD is becoming less valuable every day in terms of gold (and purchasing power)
Comment from : @joemerica8834