Why THIS Dealer HATES Silver And Gold PRE-SALES! | The Exchange Podcast | Ep. 17
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- Опубліковано 16 бер 2024
- Why THIS Dealer HATES Silver And Gold PRE-SALES discusses silver and gold pre-sales and whether or not dealers, companies, and buyers should participate in them. During this podcast, Andrew and Matt discuss the pros and cons of presales. Some people believe you must have the product in hand prior to selling it, while other dealers and companies participate in sales before the items arrive. You can get burned in participating in these sales, but you can also stand to make substantial money.
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68 White St. Ste. 7, PMB 132
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bayshorebullionexchange.com/
732-895-5200
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#silver #preciousmetals #gold
😂 The intro alone was great 😂 and by the way - who are you two 😂
😂
Andrew Makes Me Laugh! 😆
Great Show Guys!
Would love for Andrew to have the opportunity to talk more. I'm sure he has great information. Andrew I love how you do business!!!
I’d love for Andrew to talk more, too. But he will just sit there unless I prod him with questions and don’t fill the space.
Stormy, Step into the chain side. Today is the day. Something small. You'll keep it in back the drawer pull it out time to time. No Cuban no rope. I see class like herringbone or a tiny paperclip style haha. Thanks yall
I really love and appreciate Andrew’s take on these videos. You can definitely tell that there is a difference in business between stormy and Andrew, Andrew is more of the “cut and dry how do I offload this” perspective while stony is about the “deals and potential flips on collectibles in the trending market”. Both focus on gains in their buys, but completely different markets.
These vids are probably my favorite when it comes to precious metals. Always entertaining and informative.
Side note: maybe lighten up just a tiny bit, sometimes you come across a bit aggressive. You both have very different markets, for the most part. Anywho thanks a lot keep posting.
Thanks for watching
Who comes across aggressive, me or Andrew? 😰
@@EmpirePreciousMetals sometimes it seems like you do lol. I could be wrong though 😅
Buy and collect what you like, but as mentioned previously , have an exit strategy! Much easier for me to sell pre33 gold at a minimum break even, normally small profit. Compared to semi numismatic silver pieces all day long. Now there are exceptions, but overall I like my odds on pre33 selling quicker at a good price.
Pre33 always a good investment.
22 min in. I kind of work in this area. The pre-sale money in my humble opinion should all be held in a separate account that has the word trust in it. Even if it is you that moves the money. Because I can understand how it would be to confusing to have more than one deposit account.
👍🏻
Some dealers use pre-sales as a free look at the after market, and then cancel the order and refund if they think they can profit. Been burned a couple of times.
Weird. I take orders and money up front from my customers- place the order with the wholesalers, pocket the difference. Easy peasey.
I don't mind pre sales as long as it's not months in advance
I appreciate your videos, and look forward to them. I agree with Andrew about people. It's dumb social media, and sometimes reading through comments I wonder if people even watched the video.
Some people comment the dumbest things. They def don’t watch the videos all the way through.
I like these Sit Downs. 👍
Thanks for watching
It is good to get a glimpse at how you guys sell silver. I think the pre sale is a good idea for collectibles why not ? I pre buy all METRIC cd's.
Good points on both ends. I got last years Narco Libertad with only 100 minted. I'm waiting for the 2023 to be invoiced next month. Im getting it for $87 and already have it called for for $129. Not bad, I just wish I had BIN'd more than the 1 because there's already listings for them on eBay at $144 and 155 but once I went back to BIN more they were already sold out. This one only has 500 minted and it's pretty damn cool. I just wish I was able to get at least two so I could keep one myself but what I really would wish for is that I could've pulled enough cash together to pay off mine completely and make a profit but I'm on a fairly limited income so my margins are tight but I'm dedicated and always willing to sit on a piece of needed. The risk for me is getting attached to piece and wanting to keep it but I'm a man of my word so the ones I've promised out are going out.
I am following what you are saying stormy.👍
I am a Collector/Stacker
Matt, you gonna take that shade that Andrew just threw your way…”social media”, “smaller”…man, cage fight for your honor man. 😅😂🤣. All kidding aside, as long as I trust the seller, I don’t mind doing pre-sales, and actually do make quite a few purchases on pre-sales. Love both of you guys, and have made purchases from both of you. Keep up the great videos and the great work!
Cage fight 😂 I’m sure that would get a lot of views.
😰
I'm not gonna lie. I didn't know Stormy's first name until this episode.... Thanks for the introduction!
Stormy aka Matt
You ain't gotta go mr.T 😂 just get you a chain 😂 ❤
If it's a must buy😊
10 min in and he mentions a Cuban. Every time he does this and I think it's some kind of ball cage. Or something dirty. I know it's not. Haha.
❤ Always entertaining
Thanks for watching
I like ANDREW OF BAYSHORE his old school approach. I also like MATT OF EMPIRE approach. Two different approaches but achieving their goals.
EMPIRES DISCORD RULES
Yo you guys are hilarious so entertaining specially after I burn one
😂
"No, gimme the kilo..." "But it's collectable." "KILO!"
MATT !! Please buy that chain it’s an essential for every Man. You deserve it that’s something no government can ever take from you. Jewelry exempt invest in solid 14k or 18k “Plum” higher karat maybe Cuban link Buy that CHAIN Andrew will get you that family price 🤝💯🫡⛓️
I did 😉. Been wearing it for 2 or 3 weeks now.
Who would buy a gold chain to put around their neck that I don't understand That's like look at me Don't wear jewelry don't want jewelry but I'll take the gold and silver
Literally billions of people all over the world wear jewelry.
🤔
🤙🤙😁🤙🤙
Pre-sale Sux. Some online dealers also appear to mix up their In-stock and Pre-sale items, and will delay shipping the in stock items, and when you complain they still treat it like its a pre-sale item.
Yeah I’m def not a fan of Pre-Sales
Sounds like you need to work with different online dealers.
@@EmpirePreciousMetals Hah! You are two are like Archie and Edith. 🤑
@EmpirePreciousMetals this is the case I'm having with APMEX right now. I ordered several different Year of the Dragon coins, but 1 of them was a pre-order. I made the order in Feb, with expected shipping in Mar, but got a recent email saying it's now delayed until Apr
🌎🗿™️
please never introduce yourself lol 🔥🐉
lol
He’s trying his hardest, not to understand lol
😂
Great podcast Andrew and Matt have a great week
Have a great week 💪🏻
Thanks! You too!
Empire calm down your disagreeing too much now and doin too far off comparisons leaving him speechless
🤔
Death Star? 😂🤣😂
😂 never heard of it.
Amazing but funny none the less. I can Understand. @@BayshoreBullion