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-   -   Where to SELL (http://goldismoney.info/forums/showthread.php?t=15312)

Pierreb 11-29-2004 12:55 PM

Where to SELL
 
:Zzzz: OK. I'm new to this and interested in purchasing a few Canadian maple Leaf coins. Hey even the BANK sells them. My main concern is that sometime in the future I will need to SELL. Who will I SELL to? Will the BANK buy back?

jerry 11-29-2004 02:26 PM

Re: Where to SELL
 
Quote:

Originally Posted by Pierreb
:Zzzz: OK. I'm new to this and interested in purchasing a few Canadian maple Leaf coins. Hey even the BANK sells them. My main concern is that sometime in the future I will need to SELL. Who will I SELL to? Will the BANK buy back?

Offer them here.

I am sure that someone here will take them at a discount to retail.

Start a bidding war, I'll join.

FoundingFathers 11-30-2004 04:36 PM

Re: Where to SELL
 
One of the reasons I buy from CNI - they list a bid and offer price...I believe Tulvings does too...


http://www.golddealer.com/bullionpage.html

Maple Leaf Steve 11-30-2004 04:39 PM

Re: Where to SELL
 
I would sell them at a local coin store before I sent them in the mail anywhere.

But thats just me...

MLS

VikingSilver 12-02-2004 11:57 PM

Re: Where to SELL
 
Sell.....(swallows).....why would you want to give your wealth away?

solamente_oro 12-03-2004 12:35 AM

Re: Where to SELL
 
Heya Pierre,

Well, according to Scotiabank's site: "Selling gold or silver to Scotiabank is as simple as visiting your local Scotiabank branch in Canada."

Then there are the dealers. Kitco and Border Gold, for example, readily buy gold and silver.

I've never worried about finding a buyer for my gold and/or silver. If there ever were currencies good anywhere and anywhen, they would be precious metals. I can't say the same for my comic books.

-

Solamente Oro

PONCE 12-03-2004 12:47 AM

Re: Where to SELL
 
Quote:

Originally Posted by Maple Leaf Steve
I would sell them at a local coin store before I sent them in the mail anywhere.

But thats just me...

MLS

Same here Maple, I don't trust the UPS guy, LOL.

fvk 12-03-2004 01:27 AM

Re: Where to SELL
 
Quote:

Originally Posted by VikingSilver
Sell.....(swallows).....why would you want to give your wealth away?

You hit the nail on the head. With the bid ask spread, if you try to use precious metals as a way to acculumate more fiat, US or Canadian, you will get screwed. Especially in the case of the original poster, buying a few maples leafs. The little guy will always take it hard if they play by the rules that have been laid out for them. Where to SELL? The guy down the street with the tangible asset you need when you really need it. Use fiat in the bizzaro financial 'asset' world. User physical tangible wealth in the 'real' world. Stretch you mind to be able to live in both worlds at once. As always, just my opinion.


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