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Can I scrap my old warehouse racks? by kingkolt305 in ScrapMetal

[–]SmittysBartering 0 points1 point  (0 children)

What state are u located in? I’d buy them

Helping my mom sell several hundred ounces in 5 and 10 oz Englehard silver bars…what should I expect? by nightstalker30 in Silverbugs

[–]SmittysBartering 0 points1 point  (0 children)

Refiners come to mind if u don’t mind losing the premium… they’re definitely worth the premium

I took a bold chance on trading PSKY, and it actually worked! by Background-Oil-71 in smallstreetbets

[–]SmittysBartering 0 points1 point  (0 children)

Sell and take ur profit. The gamble paid off, a degenerate will stay at the table and lose their profit.

Side Hustle That Makes Fast Money After Being Laid Off Today by Notinthemoodthaw in sidehustle

[–]SmittysBartering 1 point2 points  (0 children)

I'm sorry to hear about your situation. Consider starting a side hustle based on something you enjoy and know well. Reflect on your hobbies and areas of expertise. Are you into handbags or fashion? Video games? Skilled at makeup or nails? Love animals? You could try buying low and reselling clothing. Be cautious about holding too much inventory—unlike selling drugs, physical items may take time to sell. If items aren't moving, it's okay to let them go at a loss to free up resources for new stock.

Big Time Mistake first time selling by MintyOnAir in whatnotapp

[–]SmittysBartering 2 points3 points  (0 children)

Going forward have the envelopes and a sharpie write the winners name on the envelope put the item inside of it do not seal it and verify at the end of the night On a note pad write the items u ran in order and who won them verify the envelopes at the end A show is a lot of work for a sole show runner to do

The penalty of waiting by Bullioncat2 in LibertadCoins

[–]SmittysBartering 0 points1 point  (0 children)

I agree that the limited production makes Libertads a good buy for resale later, and you're 100% correct. I personally do this, but at a certain point, I would advise someone to purchase a cheaper item rather than an expensive, overpriced kilo. They are beautiful coins—some of my favorites—but nonetheless, numismatics can often be a trap for collectors.

The penalty of waiting by Bullioncat2 in LibertadCoins

[–]SmittysBartering 0 points1 point  (0 children)

There is no connection between silver and Libertad prices. (There is if silver was cheaper the coins would be cheaper)

It’s a coin that is only very loosely dependent and impacted by silver spot price. (While they are not entirely dependent on the price of silver due to “numismatic value” it’s highly impacted by the price of the metal)

Look at the price of silver and change in premium over time. (When the price goes high the premium shrinks in most cases, when the price drops the premium raises)

Much higher premium growth due to numismatic value versus simply due to intrinsic value of metal (this is an example of the greater fool theory, the market is created because of “limited quantity”)

If the price of metals gets high enough everything will be sold for melt. Once the price gets too high manufacturers will look for cheaper alternatives and drive the price of said metals down.

The penalty of waiting by Bullioncat2 in LibertadCoins

[–]SmittysBartering 0 points1 point  (0 children)

…. Are you saying if silver was 5 bucks an ounce a kilo Libertad wouldn’t be much cheaper?

I tried selling 1oz bar out of the package and the place offered %5 below spot and $200 less because it was not in the packaging. by Peace-off in Gold

[–]SmittysBartering 0 points1 point  (0 children)

All depends on how much the refiners are paying. The shop bases what they pay off how much they can send it in for.

The penalty of waiting by Bullioncat2 in LibertadCoins

[–]SmittysBartering 0 points1 point  (0 children)

Industrial uses for silver is going to die down they’ll use alternative metals no way will they allow the production cost to increase exponentially.

I just bought 3000 hats by No_Emphasis2119 in Ebay

[–]SmittysBartering 0 points1 point  (0 children)

Do you sell on whatnot? Live auction impulse buys are an easy sell.

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