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- - gold for firearms (http://goldismoney.info/forums/showthread.php?t=350075)

meatman | 02-17-2009 10:15 AM
gold for firearms this was one way to pay when I went to a online store to but some mags for my Mac-10 GOLD AND SILVER BULLION- Now how often do you see this? Have a collection of gold or silver coins and bullion collecting dust that you would like to convert into useful hardware? We can help! Coins must be true gold, or .999 silver. We give you the market price for it in trade, priced according to the bullion rate for the day. EXAMPLE: The market value for your silver is $12 per ounce, and you have 10 ounces, you will be able to trade for $120 of merchandise here with us. You are responsible for delivery of the metal, insured postal priorty, daily metal rates govern trade value. GIVE IT A TRY!!!

Tn...Andy | 02-17-2009 10:18 AM
Re: gold for firearms Violation of Gresham's Law. Why spend good money when they will still take the crappy stuff ?

sirgonzo420 | 02-17-2009 10:25 AM
Re: gold for firearms Quote:
Originally Posted by Tn...Andy (Post 1575231) Violation of Gresham's Law. Why spend good money when they will still take the crappy stuff ?
Yep. I bet they haven't had anybody actually trade them gold/silver. Why would you pay anyone with gold/silver when they will happily accept (and generally prefer) paper? .

born_cross_eyed | 02-17-2009 10:28 AM
Re: gold for firearms Going by the spot price sure works out for them considering the premium on physical.

ruprick | 02-17-2009 10:29 AM
Re: gold for firearms Only motive would be if you are cash poor, metal rich and want guns.......this is an easy way to convert.....unless you think you can do better (sell over spot, net of costs) and then use the cash to transact.

flying | 02-17-2009 01:33 PM
Re: gold for firearms I care not about the value or the loss but I tell you what I am glad to see folks accept an alternative. This is the only way I can see the end ever beginning. To have a competing currency. Even though we all know PM's are real money :) I want to see stores everywhere doing this & giving change too in PM's Give the people an alternative.

smullen | 02-17-2009 01:59 PM
Re: gold for firearms Interesting to see this.... However, I think I'd still rather pay the regular FRN/Cash price and hang onto my PMs....

The Argent Dragon | 02-17-2009 02:03 PM
Re: gold for firearms Quote:
Originally Posted by Tn...Andy (Post 1575231) Violation of Gresham's Law. Why spend good money when they will still take the crappy stuff ?
eXactly, :wink:

jersey devl | 02-17-2009 02:07 PM
Re: gold for firearms I used to give the same option on my eb*y sales...no takers.

smullen | 02-17-2009 02:23 PM
Re: gold for firearms Quote:
Originally Posted by jersey devl (Post 1575789) I used to give the same option on my eb*y sales...no takers.
hehe, never thought of that.... Hows ebay get their cut???

jersey devl | 02-17-2009 02:31 PM
Re: gold for firearms Quote:
Originally Posted by smullen (Post 1575833) hehe, never thought of that.... Hows ebay get their cut???
final value fee (FRN's).

madfranks | 02-17-2009 06:27 PM
Re: gold for firearms Quote:
Originally Posted by sirgonzo420 (Post 1575252) Why would you pay anyone with gold/silver when they will happily accept (and generally prefer) paper?
I was at a gun show once, and there's always a few coin tables spread around the gun shows. I saw a nice looking colt .32, WWI issue at a table where the guy was dealing guns and coins. I didn't have the cash but I wanted the gun. The price was about $300 for the gun, all I had was a pre-33 $10 gold coin. At this time gold was hovering around $650 or so, so I asked if he wanted to trade. He said sure, sold me the gun for $10 and gave me $60 in FRN too. :565:

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