Precious Metals

[Redmt]

Does anyone have a first hand recommendation for a precious metals broker? With the recent high prices I'm thinking of selling off a few trinkets and coins.
Better yet would be a broker that is a member here!

 

[Dan-06]

I’m interested in knowing also.

 

[Redmt]

I’m interested in knowing also.

I dealt with a private broker a few years ago with great results. He doesn't deal in the smaller quantity that I have now nor does he deal in jewelry. If you have a larger amount then PM me and I'll get you his info.
I do know that the mom and pop jewelry stores are to be avoided.

 

[Steiny77]

This precious metals and jewels stuff scares me. I don't know what I'm looking at, if it's real or not, if someone can be trusted, etc.
The average person has no clue what quality of silver, gold or diamonds they are buying. They just have to trust the word of whoever is selling it.

 

[Redmt]

A few years ago I bought 110# of silver coins. It came in sealed canvas bags. I was told if I didn't open them and the seals were intact that when I went to resell them there would be no service charges to reinspect or recount. I kept them for a couple years without opening them and resold them back to the same broker. I did very well! He said that I was one of the few that didn't open the bags. It was not easy leaving them alone. Today they would be worth over 170k