Recently at my local pawn shop. I watched a woman sell four rolls of 2013 American Silver Eagles in their mint tubes for $80.00. The pawn shop explained that was the face value and although they were pretty coins that was all they could pay her. Thought I would share that😮
@@StatesideStash unfortunately no. So yes the pawn shop is the worst place to go. She was liquidating inherited items. So even worse. She may genuinely not known what she had..
You did raise a valuable point. One thing I have been doing is expanding my network. When I can get good deals I include others around me and together we are expanding our network of stackers, buyers and sellers. By hooking other people up it helps recruit them into the world of stacking and the understanding is that when one of us needs it, we can act as banker for the others with either a loan with collateral or a purchase. Like you said, each party gets a great deal over buying from a dealer or scammer.
You are absolutely right boss! Thank you for touching on the social media subject. There are some solid groups out there. We look out for each other. Win. Win.
Im always thinking about selling my silver. I love silver and been stacking 8 years. But have sold when it spikes up. 2019 was awesome. I got alot for around $13 it hit $19.25 and sold it all. Got it all back plus more with profit. Silver squeeze sold it all again for $28. Got it all back plus more when prices dropped again. Sold some recently for $32. I do now always keep a junk base of $400fv but everything on top im perfectly fine selling for profit.
Good timing Bro! Almost all of my stack like 95% are higher premium but I definitely need to balance that out with a load of generics asap just in case! YIKES another reason to buy more, thanks Brother! lol
I work with a Bullion seller that quotes firm prices to buy back gold and silver. They typically pay slighly back of spot. They have a US branch and will vault your metals if you want which eliminates the need to ship if you are OK not holding the metal yourself. Works for bullion coins and bars. I have sold back to them (with a gain) but lived close enough to one of their shops that I could hand carry.
I already have a plan sell of my entire stack or SIlver and coins when it close for me to retire I don't plan on having any kids and am getting up in age that is my plans for my stack!!
Interesting, similar boat here. I actually thought about cashing in a few coins and rounds weekly or monthly instead of all at one time but it’s a good message to ponder over.
@@Eli-qr9hc Yes Don't sell it all at once my advice is find an LCS that will give you the best price for your coins/bullion , but don't ever go through a pawnshop they won't ever offer you any where you deserve for your coins!
Thank you. This is an important topic that isn’t visited enough, good job on bringing up thoughts and ideas. I’m buying and saving for retirement. I haven’t thought throughly about how much to stack ( I’m just buying and buying) then afterwards I’d want to figure out how many rounds / coins/ bars, and gold. And which of those I’d sell first to couple with my retirement funds. I’ve always had in mind to sell the cheapest non-loved generic rounds then maybe next some of my 10 oz bars. I’d hold on to my ASE’s, maples and maybe -libertads and the Britannia’s. I do have some vintage Engelhard rounds/ bars and Johnson Matthey that o may hang on to for a bit. I’d sell my Phil’s, pandas, maybe kooks. I’d hold my 90% silver coins. I just re-read this and this am not 100% on exactly what I’d do. But it’s a start. Revisit this topic, you did a good job. Thanks
I traded 200 oz of generic silver rounds to SD bullion back during the silver squeeze and got 50 cents an ounce over spot I thought that was amazing offer.
auction houses like great collection has a 5% sellers fee unless your coin brings $1000 or more. If your coin brings $1000 or more you will get 100% of the hammer price.
For higher premium items, I think eBay may be the best option for a lot of us, even after fees and shipping. Some items I bought a few years ago looks like I can make some profit, if something you just recently bought yes you probably will lose some $ depending how much premium you paid. I do get worried a bit about really low feedback buyers and if they open a false claim case, try and send something different back.
My exit plan is death. The person getting my stack is also doing the funeral act. I provide detailed spreedsheets of what I paid and approximate market value. Also where to liquidate 90% of the stack. My libertads, Saint Gaudens and Athenian Owl "Stateside" gets first crack at 85-90% ebay completed listings. Made it a simple process...
Sounds like you have some generous lcs's. If you can pick and choose what you want to sell off you're pretty lucky. But I think maybe cocky and never had to sell.
There are several pages dedicated to silver and gold forums. Joining there and sitting back and watch who the sellers are and see how their transactions work out to have references
Nope, I was a month behind on my water bill and they was going to shut it off. I could have barrowed some money but why have to embarrass myself like that. If I want to embarrass myself like that I'll just go on UA-cam. UA-cam has an off switch you know. Three LCSs within ten miles.
My ideal exit plan would be selling my last coin the week before I leave this world.
You’re gonna need some good timing lol
😂
Recently at my local pawn shop. I watched a woman sell four rolls of 2013 American Silver Eagles in their mint tubes for $80.00. The pawn shop explained that was the face value and although they were pretty coins that was all they could pay her. Thought I would share that😮
Please tell me you’re joking
@@StatesideStash unfortunately no. So yes the pawn shop is the worst place to go. She was liquidating inherited items. So even worse. She may genuinely not known what she had..
You did raise a valuable point. One thing I have been doing is expanding my network. When I can get good deals I include others around me and together we are expanding our network of stackers, buyers and sellers.
By hooking other people up it helps recruit them into the world of stacking and the understanding is that when one of us needs it, we can act as banker for the others with either a loan with collateral or a purchase.
Like you said, each party gets a great deal over buying from a dealer or scammer.
Well said! Yep it’s a win/win and creates connections
Excellent, thanks again.
Cheers
You are absolutely right boss! Thank you for touching on the social media subject. There are some solid groups out there. We look out for each other. Win. Win.
I’ve had great experiences but heard of horrible ones as well. Always do reference checks!
Great video, new subscriber 👍
@@floridastacker welcome brother. Love your content
Always on-point! Thank you.
Thanks for always watching and commenting!
Im always thinking about selling my silver. I love silver and been stacking 8 years. But have sold when it spikes up. 2019 was awesome. I got alot for around $13 it hit $19.25 and sold it all. Got it all back plus more with profit. Silver squeeze sold it all again for $28. Got it all back plus more when prices dropped again. Sold some recently for $32. I do now always keep a junk base of $400fv but everything on top im perfectly fine selling for profit.
Nothing wrong with using it as an investment and taking profit!
Thanks for the video. If doing peer to peer: my local police have a safe exchange zone. So look up your area to see if you have something similar.
This is great advice!
Good informative video 👍
Thanks rich!
Good timing Bro! Almost all of my stack like 95% are higher premium but I definitely need to balance that out with a load of generics asap just in case! YIKES another reason to buy more, thanks Brother! lol
There’s always another reason to buy silver 😉
Good video...
Thanks pat!
Great vid... goodonyas!
Thanks brotha!
I’m currently saving my gold and silver to buy land. And then once i do that I’ll start collecting again. It’s basically my savings account
@@DirtyDuramax land is one of the only reasons I’d sell my good and silver
@@StatesideStash I’m hoping i can find someone who will just take straight gold and silver for it hahaha
@@DirtyDuramax hey I’d be interested lol
@@StatesideStash wouldn’t happen to have land in vt or nh would you lol
@@DirtyDuramax nope sorry brotha! Only in CO!
Great advice, couldn’t agree more.
Thanks! Love your videos
I work with a Bullion seller that quotes firm prices to buy back gold and silver. They typically pay slighly back of spot. They have a US branch and will vault your metals if you want which eliminates the need to ship if you are OK not holding the metal yourself. Works for bullion coins and bars. I have sold back to them (with a gain) but lived close enough to one of their shops that I could hand carry.
I already have a plan sell of my entire stack or SIlver and coins when it close for me to retire I don't plan on having any kids and am getting up in age that is my plans for my stack!!
I hope it all works out for you and silver spikes crazy high when you go to sell so you make a large profit
Interesting, similar boat here. I actually thought about cashing in a few coins and rounds weekly or monthly instead of all at one time but it’s a good message to ponder over.
@@Eli-qr9hc Yes Don't sell it all at once my advice is find an LCS that will give you the best price for your coins/bullion , but don't ever go through a pawnshop they won't ever offer you any where you deserve for your coins!
can't predict the future...
All you can do is prepare for it
Excellent discussion.
Thanks brother
Thank you. This is an important topic that isn’t visited enough, good job on bringing up thoughts and ideas.
I’m buying and saving for retirement.
I haven’t thought throughly about how much to stack ( I’m just buying and buying) then afterwards I’d want to figure out how many rounds / coins/ bars, and gold. And which of those I’d sell first to couple with my retirement funds. I’ve always had in mind to sell the cheapest non-loved generic rounds then maybe next some of my 10 oz bars. I’d hold on to my ASE’s, maples and maybe -libertads and the Britannia’s. I do have some vintage Engelhard rounds/ bars and Johnson Matthey that o may hang on to for a bit. I’d sell my Phil’s, pandas, maybe kooks. I’d hold my 90% silver coins.
I just re-read this and this am not 100% on exactly what I’d do. But it’s a start. Revisit this topic, you did a good job. Thanks
Thanks for sharing your thoughts! Rounds and philharmonics would be the first to go for me
I traded 200 oz of generic silver rounds to SD bullion back during the silver squeeze and got 50 cents an ounce over spot I thought that was amazing offer.
That’s a killer offer!
Exit😂?.... you gotta be kidding. Selling is out of the question. I'm my own bank now....
Yeah I talk about that as well
Hopefully I’ll never have to sell, but if needed, I’ll sell my collectibles 1st, one at a time, saving my 90% and rounds for barter, Keep Stackin bro
Keep stacking brother!
auction houses like great collection has a 5% sellers fee unless your coin brings $1000 or more. If your coin brings $1000 or more you will get 100% of the hammer price.
I didn’t know this! Thanks for the info!
Keep grinding Bro.
You the man brother. Thank you for your constant support
😊
Thanks for watching!
Very helpful. Thank you
Anytime!
Good info stateside ❤
Thanks brotha!
Great info as always.
Thanks brotha
Great video Stateside!
Thanks for watching!
Awesome video. I'm glad i was relatively early to this one 😀
Haha thanks for watching brother
For higher premium items, I think eBay may be the best option for a lot of us, even after fees and shipping. Some items I bought a few years ago looks like I can make some profit, if something you just recently bought yes you probably will lose some $ depending how much premium you paid. I do get worried a bit about really low feedback buyers and if they open a false claim case, try and send something different back.
I avoid low feedback sellers/buyers
My exit plan is death. The person getting my stack is also doing the funeral act. I provide detailed spreedsheets of what I paid and approximate market value. Also where to liquidate 90% of the stack. My libertads, Saint Gaudens and Athenian Owl "Stateside" gets first crack at 85-90% ebay completed listings. Made it a simple process...
@@jamesitsines6890 I’ll lay you to rest with your owl but I’m taking everything else lol
What is in the middle of the table? The huge round?
That’s a reverse proof kilo libertad
Those 10oz coins are massive 😂
@@royston2357 it’s a kilo coin so it’s 32 ounces!
@@StatesideStash holy crap 1kg 🤣
@@royston2357 yes sir!
@@StatesideStash great channel love the hoodie 😁
@@royston2357 haha thanks brotha, I thought it would be funny
Naw, planning stuff is hard to think out, we poor & winging it unpredictable here 😂
You’d be surprised lol
Sounds like you have some generous lcs's. If you can pick and choose what you want to sell off you're pretty lucky. But I think maybe cocky and never had to sell.
🤣
How do you develop peer to peer network?
There are several pages dedicated to silver and gold forums. Joining there and sitting back and watch who the sellers are and see how their transactions work out to have references
Every silver stacker uses the abbreviation LCS cuz they are saving the time but then also add explanation "local coin shop" 😂
@@vykis92 for most people they know and for those new to stacking they may not know what I’m talking about that’s why I always explain
I plan to sell all my precious metals right before retirement to pay off my house.
Live debt free
Can you make a video on how to sell silver on Facebook Marketplace like a guide on how to do it safely??
There is no guide to this really. Have to just post your item and use good judgment of when and where to meet. Accept cash only
@@StatesideStash ok
Exit plan is not to sell it. Be your own Bank. Why would you sell it for fiat?
If you watch the video I explain that
Nope, I was a month behind on my water bill and they was going to shut it off. I could have barrowed some money but why have to embarrass myself like that. If I want to embarrass myself like that I'll just go on UA-cam. UA-cam has an off switch you know. Three LCSs within ten miles.
Selling 1 generic rounds/bars @ spot minus a dollar. I think that is a good profit. Especially at $30 spot..LAPEER GOLD & LOAN. (pawnshop)