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Advice on selling gold and silver bullion

Posted on 7/26/14 at 12:22 pm
Posted by dax9876
Member since Aug 2004
1212 posts
Posted on 7/26/14 at 12:22 pm
Does anyone have any advice on selling gold and silver bullion and junk coins? Thinking of cashing some in, and of course want to get the best price. I know there are many places that advertise buying these, but am sure some are complete rip-offs, and some are fairly reputable.

Does anyone have any experience with reputable dealers in the New Orleans, or Baton Rouge area? Any advice is appreciated.
Posted by Wasp
Off Highland rd.
Member since Sep 2012
1484 posts
Posted on 7/26/14 at 2:42 pm to
What are you looking to cash in?
Posted by Reubaltaich
A nation under duress
Member since Jun 2006
4970 posts
Posted on 7/26/14 at 5:37 pm to
Something to remember, a lot of these places that have a sign 'We buy silver & gold' pay .25-30 cents on the dollar.
Posted by ell_13
Member since Apr 2013
85104 posts
Posted on 7/26/14 at 6:10 pm to
Posted by Clyde Tipton
Planet Earth
Member since Dec 2007
38768 posts
Posted on 7/28/14 at 10:53 am to
I've often wondered about this. You buy and they want a premium over spot.

You try to sell and they offer you less than 50% of the current spot price.

I have only been treated fairly both ways dealing with an individual... one that I personally know, not a creep from craigslist.
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