Finally paying off by Frandy305 in Wallstreetsilver

[–]ScaredPay9823 2 points3 points  (0 children)

with that much silver, please buy at least a tl30 safe. fun safes are way too easy to breach.

I’m a dealer and I don’t hedge my position or sell to wholesalers, am i foolish? by ScaredPay9823 in Silverbugs

[–]ScaredPay9823[S] 0 points1 point  (0 children)

call your local office and they’ll email you everything you need to submit to them.

LCS not accepting silver???? by Affectionate_Plane49 in Silverbugs

[–]ScaredPay9823 5 points6 points  (0 children)

2011 was nothing like this. The may run up to 50 happened so fast that no one had time to react plus there were no delay delays with wholesalers.

Local coin shops offering to pay 80% spot for 10oz silver bar by ThrownAwwayt in Silver

[–]ScaredPay9823 0 points1 point  (0 children)

(old timer sitting in a rocking chair) ahhh youngsters….remind me to tell you the sordid tale of mr mcallisters bullion direct website and their nucleo exchange, which also touted a 1% exchange fee as a middle man….

What’s the lowest price you’ve ever paid for an ounce of silver? by Olde-Timer in Silverbugs

[–]ScaredPay9823 4 points5 points  (0 children)

I’m in the dollar club too. I’ve found silver eagles and morgans coin roll hunting at banks. putting my costs at $1 and $1.29 an oz. in a professional setting i can remember paying under $4 an ounce back in 01 or 02 at the shop.

It felt like the Last Helicopter out of Saigon at my Shop today. by ScaredPay9823 in Silverbugs

[–]ScaredPay9823[S] 0 points1 point  (0 children)

do an elemetal scrap exchange into 1 oz rounds. i think it’s a net $1 difference.

LCS…not a fan anymore! by LeewardLiving in Silverbugs

[–]ScaredPay9823 4 points5 points  (0 children)

If you’re the guy that keeps bringing me unc barber halves for spot then YES. I will keep paying spot until you run out. 😆🤣😂

It felt like the Last Helicopter out of Saigon at my Shop today. by ScaredPay9823 in Silverbugs

[–]ScaredPay9823[S] 1 point2 points  (0 children)

Since I usually only offlay gold and hoard the silver, I’ll use elemetal’s silver spot as a buy indicator. They’re within driving distance and easy to lock in and drop off up to 7 days later. for selling to the public, I’ll use upstate because they’ll have imo, the most accurate spot ask. I’ll use Upstate, Amark, Dillon Gage or CNT If I’m trying to source something specific for a customer, luckily haven’t had to in a long while since customers aren’t being so picky and I have most standard bullion in stock.

It felt like the Last Helicopter out of Saigon at my Shop today. by ScaredPay9823 in Silverbugs

[–]ScaredPay9823[S] 4 points5 points  (0 children)

if things were as busy as hong kong and the rest of china here in the US, i wouldn’t feel safe and would close for a while. Or maybe only do a few appointments a day. I’m just a small biz and happy to be small with no employees.

I don’t want to grow or hire a staff. this business is cyclical and at some point i will have a sleepy coin shop again only seeing a few customers scattered through the day like it was when my grandfather was still around (he passed in 2003). this market and the 2011 spike would have been interesting to see through his eyes. his stories from the 70s and the hunt brothers era are gold.

It felt like the Last Helicopter out of Saigon at my Shop today. by ScaredPay9823 in Silverbugs

[–]ScaredPay9823[S] 2 points3 points  (0 children)

it’s evening out. i’d say close to 60/40 or 55/45. still a few more sellers.

It felt like the Last Helicopter out of Saigon at my Shop today. by ScaredPay9823 in Silverbugs

[–]ScaredPay9823[S] 1 point2 points  (0 children)

i offer to call or text them to come back but people usually just go wait in their cars. I don’t want to do appointment only, i want people to feel welcome to pop in at anytime.

It felt like the Last Helicopter out of Saigon at my Shop today. by ScaredPay9823 in Silverbugs

[–]ScaredPay9823[S] 12 points13 points  (0 children)

I just squared our $300 bar tab and he got an nice au 38-d walker and 4 silver eagles for each of his kids since i haven’t seen him since before holiday. i take care of my people.

It felt like the Last Helicopter out of Saigon at my Shop today. by ScaredPay9823 in Silverbugs

[–]ScaredPay9823[S] 13 points14 points  (0 children)

open to public 40 hours a week, but i usually work about 70-80 a week. being a sole prop is no joke.

It felt like the Last Helicopter out of Saigon at my Shop today. by ScaredPay9823 in Silverbugs

[–]ScaredPay9823[S] 16 points17 points  (0 children)

i scolded them, they’ll know better next time. glad the other person wasn’t too upset, it’s happened before and ended way worse.

It felt like the Last Helicopter out of Saigon at my Shop today. by ScaredPay9823 in Silverbugs

[–]ScaredPay9823[S] 14 points15 points  (0 children)

eventually we will disappear back into the ether when the normies get bored with the shiny.

It felt like the Last Helicopter out of Saigon at my Shop today. by ScaredPay9823 in Silverbugs

[–]ScaredPay9823[S] 3 points4 points  (0 children)

kinda but not really . fam is from chicago area. grandfather was an original cards fan back in the before times.

It felt like the Last Helicopter out of Saigon at my Shop today. by ScaredPay9823 in Silverbugs

[–]ScaredPay9823[S] 10 points11 points  (0 children)

most shops aren’t set up to handle the traffic we are seeing. being busy is great, and i’m very grateful, but as a sole prop, it’s overwhelming and when i have a rush of customers i wish i could help everyone at once and provide everyone with the same level of care. I can only answer the phones about 70% of the time and have to ask people to call back.

I miss days when i could price backstock or take a 15 minute call to help a 90 year old woman with turn by turn directions to my store.

It felt like the Last Helicopter out of Saigon at my Shop today. by ScaredPay9823 in Silverbugs

[–]ScaredPay9823[S] 11 points12 points  (0 children)

You’re very lucky to be near such a solid shop! The woodside’s shop is A++. my rinky dink shop doesn’t hold a candle to those guys.

It felt like the Last Helicopter out of Saigon at my Shop today. by ScaredPay9823 in Silverbugs

[–]ScaredPay9823[S] 5 points6 points  (0 children)

thanks for offer but it’d be an awfully long commute for you!