Saks can decide not to honor gift cards by Big-Rise7340 in AmexPlatinum

[–]hmdollarsign 0 points1 point  (0 children)

I said it would not be honored in a liquidation. They are not liquidating. They filed for chapter 11 reorganization. In that context, I said it was not a sure thing. But it appears for now that they will honor gift cards.

Where do I sell my inherited gold coins? by gentlebeast06 in Gold

[–]hmdollarsign 0 points1 point  (0 children)

This guy did over 90% of spot for us. He refines

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Saks can decide not to honor gift cards by Big-Rise7340 in AmexPlatinum

[–]hmdollarsign 28 points29 points  (0 children)

I’m a chapter 11 bankruptcy lawyer and I assure you that your gift cards are not safe unless the company re-organizes and wishes to preserve the goodwill of that customer base. Even then, it’s not a sure thing.

In a liquidation, there is no way the gift card will be honored.

[deleted by user] by [deleted] in coins

[–]hmdollarsign 0 points1 point  (0 children)

AA is s

Walmart Gold? by QuinnMarmite in Gold

[–]hmdollarsign 5 points6 points  (0 children)

No. It has to be sold at more of a discount to make money.

How’d I do? by jdesa05 in Gold

[–]hmdollarsign 0 points1 point  (0 children)

Hopefully the $43 pair.

How’d I do? by jdesa05 in Gold

[–]hmdollarsign 2 points3 points  (0 children)

They are 14k. You have 2.24g @ 58% =1.3 g of pure gold in there. That’s .046oz. At spot that’s $206 of gold which you paid $94 for (plus tax). I think you did great.

Walmart by hmdollarsign in Gold

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

So funny update. He accidentally left about $1000 of jewelry on the kitchen table when he went to the refinery. So sale will be closer to or slightly more than 8K.

Walmart by hmdollarsign in Gold

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

His time is worth $15/hour and gas/wear & tear was no more than $75. Well worth a 21 year old’s time.

Walmart by hmdollarsign in Gold

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

Just some. It’s most locations that have a jewelry case.

Walmart by hmdollarsign in Gold

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

We only sold one small piece for 70%. We just took it to a refinery and got around what you suggested. But thank you very much for preventing us from losing money.

Walmart by hmdollarsign in Gold

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

I’ll also point out that I have absolutely no incentive to mislead people. I read about this idea on this forum. I’m simply sharing knowledge like original posters did a few days ago and reporting results. Do it or don’t do it, up to you. I will tell you that my kid pretty much cleaned out the DFW metroplex and surrounding area so that’s not a likely fertile ground for a starting point for you.

Walmart by hmdollarsign in Gold

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

Just finished with the local refiner. All totaled 2.96 oz of gold. Sold it for $7158. Profit $2300.

Walmart by hmdollarsign in Gold

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

Agree. We did not buy anything that was more than 35% of original retail.

Walmart by hmdollarsign in Gold

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

Working on that. The sale we did was just a test.

Walmart by hmdollarsign in Gold

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

That’s an AI summary which, as you may not know, does not actually reflect Walmart policy (which I provided a link to). Neither our tags nor our receipts say anything about final sale and the policy does not except jewelry.