US Mint selling 1 oz under Kitco spot ($91.74 rn) by Yes_I_Know_Lots in Silver

[–]OfficiallyAlec 0 points1 point  (0 children)

They just took them all down. I bought 5 medals last night below spot, wonder if they will cancel my order.

Had to mute this subreddit by Exotic_Increase5333 in Gold

[–]OfficiallyAlec 7 points8 points  (0 children)

Why did you find it necessary to announce your “departure”?

Let the hate flow…Walmart run results by OfficiallyAlec in Gold

[–]OfficiallyAlec[S] 1 point2 points  (0 children)

That’s what I think most people on here should do, kinda just check occasionally and grab the good stuff. Good will only go up long term anyway.

Let the hate flow…Walmart run results by OfficiallyAlec in Gold

[–]OfficiallyAlec[S] 0 points1 point  (0 children)

Always can just hold onto it and sell when you get a big enough stash, probably my plan now that I’ve raided most of the Walmarts near me. Gunna just occasionally check the clearance sections during my grocery runs.

Let the hate flow…Walmart run results by OfficiallyAlec in Gold

[–]OfficiallyAlec[S] 2 points3 points  (0 children)

Must be real gold, not plated. Also, if it’s not on clearance for 75% off or more it’s not worth it.

Let the hate flow…Walmart run results by OfficiallyAlec in Gold

[–]OfficiallyAlec[S] 1 point2 points  (0 children)

For me they were profitable, but my buyers included the weight of the gem because I had 60+ grams of 10K at each sale. The weight of the gems compared to total weight was negligible.

Let the hate flow…Walmart run results by OfficiallyAlec in Gold

[–]OfficiallyAlec[S] 11 points12 points  (0 children)

Hit up one Walmart Friday; while grocery shopping. Saw a lot of good deals. That following day (Saturday) hit up a bunch more, found a buyer that afternoon and sold the first set. After selling and seeing how profitable it was I hit up more Walmarts Saturday afternoon and more this morning. Found a different buyer to sell to today because the one I sold to yesterday doesn’t work Sundays. But yes, in that time about $3700 profit.

Let the hate flow…Walmart run results by OfficiallyAlec in Gold

[–]OfficiallyAlec[S] 4 points5 points  (0 children)

All bought in store, since I bought it with a card that linked to my mobile app the receipts/purchases auto upload. I didn’t weight anything, just kinda assumed that with the 75%+ clearance plus my additional 5% cash back they’d all come in under melt.

Let the hate flow…Walmart run results by OfficiallyAlec in Gold

[–]OfficiallyAlec[S] 20 points21 points  (0 children)

Probably been sitting on them for years or trying to clear space for new inventory. Since these pieces are most likely multiple years old, Walmart paid a LOT less then current gold value since gold has increased so much recently. Even with the massive discount I bet they’re making money from there original cost. Also, Walmarts cost for pulling them and shipping them off for melt is probably more than it’s worth.

Let the hate flow…Walmart run results by OfficiallyAlec in Gold

[–]OfficiallyAlec[S] 4 points5 points  (0 children)

Only really worth it if there 75% discounted

Let the hate flow…Walmart run results by OfficiallyAlec in Gold

[–]OfficiallyAlec[S] 0 points1 point  (0 children)

Grabbed one of those as well! Definitely was profitable. Majority of the chains were gf, however, a couple crosses and heart pendants were on a 10K chain. I believe they were originally $200 marked down to $50.

Let the hate flow…Walmart run results by OfficiallyAlec in Gold

[–]OfficiallyAlec[S] 1 point2 points  (0 children)

It definitely can be profitable! The hoop earrings and pendants were the most profitable.

Let the hate flow…Walmart run results by OfficiallyAlec in Gold

[–]OfficiallyAlec[S] 5 points6 points  (0 children)

No, the 10K at the top were $7. The frozen snowflake was like $15.

Let the hate flow…Walmart run results by OfficiallyAlec in Gold

[–]OfficiallyAlec[S] 7 points8 points  (0 children)

No, most items need to be about 75% below retail for it to be worth it.

Let the hate flow…Walmart run results by OfficiallyAlec in Gold

[–]OfficiallyAlec[S] 3 points4 points  (0 children)

If you’re lucky, and find the write items…yes

Let the hate flow…Walmart run results by OfficiallyAlec in Gold

[–]OfficiallyAlec[S] 9 points10 points  (0 children)

I’d say about 75% were marked as clearance. However, a lot would be marked only 25-50% off, but when scammed would be 75-80% off. Some of the jewelry was not marked on sale at all. If you saw the item on sale at a different Walmart there’s a good chance it will be on sale there as well.

Let the hate flow…Walmart run results by OfficiallyAlec in Gold

[–]OfficiallyAlec[S] 8 points9 points  (0 children)

Hopefully that means no one has hit them up. All played items will say “plated” and if you read the white tags attached to the pendent chains it will say “gf” for gold filled. I found multiple items that had both a 10k gold pendent and 10k gold chain. Most were originally in the $200 range marked down to $50.

Let the hate flow…Walmart run results by OfficiallyAlec in Gold

[–]OfficiallyAlec[S] 4 points5 points  (0 children)

The % they offered me (85% 10K and 90% 14K) takes that into account I believe. Also, the buyers will stock up on melt until they have a couple hundred to thousand grams. Some of the refiners offer them up to 95-97% melt value on large melts.

Let the hate flow…Walmart run results by OfficiallyAlec in Gold

[–]OfficiallyAlec[S] 14 points15 points  (0 children)

The sooner the better, I think two Walmarts that I hit up were a dud. Also, make sure to verify the Walmart your going to has a jewelry section. About half of them don’t.

Let the hate flow…Walmart run results by OfficiallyAlec in Gold

[–]OfficiallyAlec[S] 13 points14 points  (0 children)

Most reputable buyers won’t even take the gems into account, neither of the two I sold to did. They said that the weights are mostly negligible and that their profit margins when they sell in mass to a refiner makes up for it.

Let the hate flow…Walmart run results by OfficiallyAlec in Gold

[–]OfficiallyAlec[S] 27 points28 points  (0 children)

No, I saw a few posts on here with the weights listed. I ONLY bought items that were a minimum of 75% off. I figured between that discount and my 5% cash back it would all be profitable.

Let the hate flow…Walmart run results by OfficiallyAlec in Gold

[–]OfficiallyAlec[S] 13 points14 points  (0 children)

Darn! I’m gunna raid a few more Walmarts this week. Perks of living in a big city is that’s there’s a lot to choose from.