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I tried to sell $6,000 in gold coins to bullion dealers .... SHOCKING ANSWER!

Pound Of Gold 64 views

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Comment from : @truthisthevictory9278

Offering 2/3 book basically, not bad
Comment from : @ShakeyJake117

I want 1872 s
Comment from : @gollwoods3854

Scratched gold coins like that , just for melt preis possible to sale
Comment from : @bass2367

It's exciting if you don't have your money in cash
Comment from : @beeman8663

still get cash when selling
Comment from : @mikimikemike1

I've bought and sold gold coins, and bars I bought and sold according to the weight I received the market price by weight minus about 15 spread for the dealer commission
Comment from : @jerryfacts9749

Thanks
Comment from : @mytruckcam

LIFE EXPERIENCES #1 never never ever expect to sell anything out side of a home like property for a profit!!!!br#2 gold, jewelry, coins other hobbies like this are a scam!!! brJust say the quiet out loud!!
Comment from : @bouquetchocolatesandconfec77

I've been selling on-line for 16 years and unless its a key date of a series its hard to unload And if nit certified by PCGS, NGC or ANACS stay away Counterfeits, cleaned coins, holed coins that have been plugged alteted dates/mint marks, etc are common in rare key dates
Comment from : @Picasso_305

I got fooled into investing in "Rare US Coins" a few decades ago I paid $150000 for several coins The reason I trusted this deal was Christian Radio was touting these peddler's as a very reputable Jewish business and there were praises for their uprightness, etc When I took them to be evaluated the whole collection was not worth over $10000 brThe peddler's went out of business shortly after I bought my collection, this was important because they promised a full refund if not satisfiedbrOk! I got conned, but it was unsettling for me as a new Christian to have these cons selling on Christian Radio
Comment from : @markh4926

Right, if you enter a pawn shop as a private individual with some gold, you will be grabbed with iron tongs People report that the pawn shop owner takes the gold and locks it away in his safe until you provide written proof of how you acquired the gold But that's not all Since private individuals have no way of testing gold for its purity, many pawn shop owners claim, wait, this gold is a low-quality alloy, I can only give you half the price you bought the gold for Those who need money quickly & easily, but do not want to or cannot take out a loan, are faced with the choice of selling or pawning valuable items are getting cheated left and right
Comment from : @lenny108

These are coin dealers who know the value of graded, slabbed coins For these coins bullion value is just a base line
Comment from : @davejohnston5158

I stopped stacking metal and now stack sat’s So much easier and I can take it with me
Comment from : @Deecor2

Buy Pokemons and hot wheels
Comment from : @frankenstone804

The problem with rare metals is there is no ready local market for them
Comment from : @choppergirl

Thats why i will never buy gold
Comment from : @saiborg3992

Scrap weight only
Comment from : @thomaswalton7554

As mainly a bullion stacker I still can't get over the premiums on some of this stuff Its the weight of the gold that matters to mebr If I could flip some of this stuff to get more ounces I might be onto something
Comment from : @mysterybuyer3738

You sure it was a reputable dealer? Maybe you send in the coins and never get your check Seems wildly inflated
Comment from : @Tn_jed001

It doesn't matter if you put that pretty little coin in a plastic case its value is a chunk of metal and that is whatever the spot gold price is and any dealer will pay you about 40 less so why would you be surprised it's been a con in America for many years selling coins for more money than the weight allows
Comment from : @happynurse8706

Dude, if you having trouble selling your gold coins to dealers, that's because they're convinced that it's coming back down💸
Comment from : @Lilcurious1

Its not out of resch its too cheap It used to be a years salery for a gold coin
Comment from : @JasonDeville-fi4dh

Another "investor" who has no idea on his investment This is the last guy on planet earth you should get advise from
Comment from : @ronmiller7248

People, These are numismatic coins with value ABOVE their gold value, this is NOT a "premium" above their gold spot value The total price being offered reflects their gold spot value, numismatic value based on grade and scarcity and finally, being certified
Comment from : @fredseymour1224

Gold is overvalued right now 750$ for a 10$ gold eagle is fair
Comment from : @TheMostSlyFox

Better look for a reputable dealer
Comment from : @garyspear285

You also tried making several different YouTube channels with fake HORRIBLE accents! WTF is wrong with you? You've lost all credibility IMHO
Comment from : @jason__337

Yeah you cant sell collectabe to a bullion dealer! What you expect? Lol funny
Comment from : @chadwolfeschledgelsteinhau9697

If you are asking more than the spot price, what do you expect I have sold many of my coins very easily to coin shops at market prices
Comment from : @bradleyh1964

Go ahead and send your gold coins to them first Let us know if you get your money lol
Comment from : @Shadowmaster82311

Selling PEER TO PEER is best IF you must sell !! Id NEVER sell to an LCS !!!
Comment from : @JOHNBANNON-ib3cj

Yes, they want you to send them the coins first before you get payment, and they offer these fantastic prices You would get scammed and never see your money You might get a small premium for pre-1933 gold from a real dealer with a physical store you can actually visit, but nothing like what you show in this video
Comment from : @paulascholz600

The name of the investing game is not price, it's liquidity
Comment from : @getkraken8064

how many channels you have?
Comment from : @bigtestunit

1872 S is a key date with a population of 17,000 coinson graded AU 53 just sold for 3900 at auction These are not bullion gold coins!
Comment from : @ad2902

I just bought a Mexico 1868 Gold 8 Escudos yes its cleaned, but im going to have it graded, and it's going to only go up in value Mexican gold coins are in much demand!
Comment from : @SilverLife-oi4ng