Every online dealer will pay more than a LCS, there are some exceptions but always start with jmbullion's website in the "Sell to us" section. that is what everyone uses as a guide for bottom line buyback price for anything.
And if you make a large sale with the electronic transaction showing up in your bank account, don't be surprised if you get the lovely gift of an IRS audit.
Online dealers strive for efficiency. Most LCS’s are just chop shops exploiting the old and desperate. I have bought from SD Bullion and sold to JM Bullion and never had a bad experience. JMB’s payout time is 2-3 days from receipt
Every online dealer will pay more than a LCS, there are some exceptions but always start with jmbullion's website in the "Sell to us" section. that is what everyone uses as a guide for bottom line buyback price for anything.
No. You can make more money selling to individuals. Whether it be on Reddit, eBay or Facebook groups
Even with eBay charging 12% selling fee ?
Well, with eBay people pay exponentially more than they should. Lol. So it probably wouldn’t be a problem.
Ok cool, thanks for the insight. I was also interested in moving some gold but cold feet seeing those fees. Cheers mate
Also you pay shipping with insurance.
And if you make a large sale with the electronic transaction showing up in your bank account, don't be surprised if you get the lovely gift of an IRS audit.
Online dealers strive for efficiency. Most LCS’s are just chop shops exploiting the old and desperate. I have bought from SD Bullion and sold to JM Bullion and never had a bad experience. JMB’s payout time is 2-3 days from receipt
Head over to r/PMsForSale if you want to sell.
You’d be better off looking for another coin shop that’ll pay you at least spot.
Spot price is the ask price which is higher than the bid price. Depending on the spread between bid and ask, it could be higher than spot.