Home page

I Sold $5,000 in Gold and Silver Coins. THREE Tips to know before YOU Sell!

Frames I Sold $5,000 in Gold and Silver Coins. THREE Tips to know before YOU Sell!

Description I Sold $5,000 in Gold and Silver Coins. THREE Tips to know before YOU Sell!

Comments I Sold $5,000 in Gold and Silver Coins. THREE Tips to know before YOU Sell!

I'm in FL too I have tried and tried to develop a relationship with my LCS They are a-holes I won't be dealing with them when it comes time to sale I will get a better deal from the worst pawn shop in my town I'm looking at going directly to a refinery There's 1 in N FL and 1 in S GA Comment from : James Revell

Time to make the wife get a job 😂 Comment from : Kayne Fryday

Awesome Advice!! I have been out of work for a few years due to an illness that I’m now considered disabled… before being approved for disability I have been selling a lot of my silver and now I’m a lot happier knowing that if I need to sell I have a expense coming due I can always get back what I sold and that’s why I stack and besides Scratch Offs and the lottery has never worked out for me Comment from : Cyclonic Silver

good info Comment from : Ron Daudelin

I wish more stackers put videos like this out! brThanks for sharing! Comment from : AceGooze

Great video, thank you Sir This real world example is so helpful Comment from : Andy B

I would have expected to see some 10 oz and kilo bars in your sell pile Don't you stack those? Comment from : Al Bing

400 hun / month savings is pretty good in these upside down world Comment from : Billy Bob Mirango

It is coming for me, I will have to sell myself Comment from : Double Jump 65

Dumb and dumber Comment from : Mac Brazzle

better move to an apartment Comment from : david bell

When you don't have emergency funds, you have to sell some assets Comment from : Eller Ellerek

Cute kid asks me to subscribe? Gotta do it 😁 Comment from : Mydan Shi

You could sell doubles of what you have if your stack is low but mostly yes low premium stuff is the best to sell You don't want to sell that high dollar numismatic silver/gold that you bought for the worst rain day or to pass on Comment from : Crypt0fin

It is pronounced InSUREance Not INsurance Comment from : tommy tomtom

😊thanks Comment from : Quinn The Eskimo (Outdoors)

Stick to Canadian Maples Silver will soar Comment from : Tyler Jordan

Love the honesty mate, keep it up Comment from : Sorian Gabi

Weather can be a son of a gun for sure I live in the northeast and can tell stories about flooding, blizzards, and downed trees as well My heart goes out to you Really, really want to underscore your comment about having a relationship with a lcs dealer On the buying side as well For example, yesterday with silver spot above $25, I bought 90 at 18X This was for dimes, quarters, and halves Love my guy! Comment from : Kenneth Thrasher

Really great advice on how to think about a good exit strategy!! Comment from : World Money Wins

$500 a month for insurance is INSANE Wow, I didn't know it was that high down therebrReally good thinking selling metal instead of using the card Comment from : World Money Wins

First off thank you for your service 🙏 thank you for this information I never realized how nice the kangaroos look in real life those are next on the list Comment from : Jeff&Tracy

Wife died over a year ago, I am in my early 70's and at the start of cancer treatments I have not sold any PM's yet, but I will if I need to to pay the bills that are sure to follow Thanks for the vid Comment from : 66Block

When you sell can you ask for cash instead of getting a check? Comment from : Noctilucent

0075 BTC @ 30k for future reference :) Comment from : QuadTap

You'll have to Move man , I am Paying about Two Thousand a Year for pretty good Insurance with a 2k Deductible , I'm not selling my savings to keep that going as it only coves about 8k in theft loss or damages Comment from : Quaalude Charlie

Ian cost me $100K Comment from : Rodger Johnson

big bars like kilos are how I buy for fast selling Comment from : Judy Michaud

Blessings to you for the video my army friend signal Corp here ❤ Comment from : David Nichols

Lower premium silver would be plain silver rounds, not Sovereign Coins Comment from : howard lang

I would hate to also but I am glad you are able to recover, I will be doing the same Well wasn't that the cutest goodbye Comment from : Valerie McKay

Thanks for sharing 🙏 Comment from : $ilent$ilver

I've never pawned anything, has anyone here pawned their silver? Can't you buy back at least a portion at reduced cost? I guess he'd have to put up more of his stack though Comment from : Dwardo Dwardo

Isn’t that what insurance is for? Nevermind I guess I should watch 1st lol Comment from : Kevin Bounds

Don’t forget the fraud in the roofing industry that occurred a few years back Comment from : Alien Al

Thanks for the tips😊 Comment from : G & S metals

Really great video You were open and personal, putting your income before All to know, that's what I look forward to Because I too am a veteran and looking at ways to start stacking more precious metals THANKS AGAIN 👍 Comment from : ronnie jones

LOL Its Desantis who fucked your insurance premiums Comment from : Trump is a FELON

Steven Covey felt that the first key to success was to "begin with the end in mind" Every metals purchase I've transacted was made with "the sell" in mind I don't buy anything I can't sell easily I also discuss this plainly with the metals dealers I've done business with If debating between two options, I'm known to ask: "Which one would you buy back quicker and why?" If I can't sell it later, and do so easily, I don't want it Zero percent of my stack has been in sentimental or numismatic directions I buy only lower premium - although not always the "lowest" - , and highly recognizable, well-known coins, rounds, and bars in various weights/sizes BTW, even the packaging matters I had a stack of 1/4oz gold coins that was encased in their original plastic sleeves Was thinking I'd get capsules for them until a dealer told me he'd pay me a bit more if I left 'em in the original sleeves Done (They do look so nice in capsules but hey, it's about the sell; not how it looks in the safe) Comment from : Jay Barr

Sorry this happened to you, but great video Comment from : H C

Good thoughts on local coin shop I need to do that Comment from : Greg Johnson

In case your wondering, 8 minutes 24 seconds That’s when he actually starts giving the tips 8 minutes 24 seconds of drivel Lol I bet his stripper name is Ambien! Comment from : busdriver

Even though your life is private, I respect the fact that you put up front and center expenses, income, and justification on how and why payoff in PMs Thank you, you've given me more incentive on my savings goals in Hawaii Another expensive place with horrendous house insurance policies! Comment from : Cairpre Liffechair

After 4:00 minutes he still did't get to the point Comment from : GoodGolden

if this happen to me I'd spend my day cutting trees and keep my money, I do understand people don't have time nor want to do that ! Thanks for the video sir ! Comment from : shu jin

Good video Comment from : Scott McFarland

Don't know what others do/think But I've never sold "hold in hand" physical, I like the fact that it takes a week/some bother to actually sell it When I needed cash I sold my vaulted stuff within minutes My wealth is fully diversified, gold AND silver, physical AND vaulted I regard that as a fully diversified portfolio :) (actually I do) Comment from : William William

Useful video I only buy bullion, nothing special, still emotional attachment in a way though Will I ever have enough to indulge my desires for aesthetic pieces? Probably not in these times Happy owner of 1kg gold and 50kg of silver Comment from : William William

You are most fortunate to have the means to make the choice you did Not easy, no doubt Stay safe and blessed Keep stacking y'all Comment from : barjer54

Sorry to hear about your unexpected expense and sorry especially that you had to sell your silver Comment from : Lucky Winner

Yikes, that hurts… This video seems to be an apologetic exercise from the content creator’s viewpoint on grieving after the selling process Comment from : John Freeman

I only buy two maybe 3 collectible coins a year the rest is for weight Comment from : sir stacks a lot

Florida Stacker your are the 🐐!!! brbrGreetings from Ocala, Fl 🫡 Comment from : Mr_DigDeeper

I took all my Englehard bars to my LCS to get it appraised to see how much I could get for them but I didn’t sell them I have seven 10 ounce bars three poured and four pressed Engelhard bars and few 1 ounce Engelhard bars too My LCS will only give spot for the pressed bars for a total of $1884 for all of them I’m kind of disappointed so be careful on what you stack before selling Comment from : Silver Honda

That is exactly why its there bro, good look I tell my wife that's what makes us our own bank, and without all the questions and limits Comment from : DRP Custom Homes

I actually cashed out $9k of my silver to outright buy my truck It hurt me to my core,took me 15 yrs to even have it in me to buy any silver I've recently started back Stacking American Silver Eagles brI've still got all my premium silver, but cashed out almost all my generic bullion Stack on Silver Fam!🪙🪙🪙 Comment from : Von

Great video! Comment from : Eric Jurgensen

Buying silver or gold as an idea becomes much stronger if linked to savings generally Acquiring small amounts of a tradable metal can be more fun than watching a bank balance grow and at the same time lose value, especially in times of high inflation Comment from : Robert Kessler

Smart man, great vid Comment from : JEWLS G

Thank you so much FS for sharing your experience, it really helps, your example is the true meaning of the phrase self Banking, GOD Bless , Keep Stackin bro Comment from : Big O

I feel your pain Had to sell 5K worth of gold and silver a few months ago Learned my lesson about collectable pieces Only buying low premium stuff from now on Comment from : Felix Conlon

We all know what really happenedthe WIFE told you to sell some of that stackHAHAHAHAHAHA Comment from : George Gomez

Florida Stacker you the man! Cool story Comment from : thousandaire radio

I keep a ratio of 2 to 1 cash to silver so I won't ever have to sell my silver I need to start getting some gold but haven't bit yet Hoping the price keeps coming down Just bought 1k in silver yesterday Debt free is the way to be Comment from : JUST_A_GUY835

Sorry about what happened I always recommend that people always try to sell to understand how it goes Really enjoyed the video and the tips have a great weekend my friend Comment from : Cash and Coins

My #1 rule is to never sell under the 200 daily EMA Only sell double tops The game isnt hard , it requires discipline however Comment from : SIlverNova

I’ve thought it would be more prudent to ensure you have enough cash reserves for emergency before stacking This way, you will never have to sell your stackbrbrAnd how is the Gold Buffalo a low premium gold product? Wouldn’t gold bars be a better choice? Comment from : Silveraire

Kilo bars come in handy Comment from : carl tannehill

A properly emergency fund prevents having to sell during these situations Comment from : Abraham S Lincoln

I don't ever get into an investment without knowing my exit strategy Glad to hear how yours went Thank you for sharing! Comment from : Bill Guerra

Good tips! Comment from : West Stephan

Thanks for your story Good to keep in mind that you should not be emotional about the precious metals They are a holding place to store your wealth If you need to buy something, sell the PMs without regret As far as what to sell - it really doesn't matter Sovereign coins have a premium because of a guarantee of purity, but all quality rounds are good as well Gold is a better choice to hold if space and weight are concerns Comment from : Scott B

Last year I changed my portfolio allocation Instead of cash, gold and silver I took advantage of the summer gold dip and turned 90 of the cash into gold I’ve sold all at great profit and still have 40 left Silver is so depressed I don’t a point in selling any Gold is it for me, looking forward to another summer dip 😂🎉 Comment from : Boris Perez

Great update Btw, in your opinion when it comes to buying a 10oz bar this week during the dip, would you pick a Nadir 10 ounce bar from Turkey for 250 or a germania mint 252 or Asahi 255 or the silver Pamp suisse 261 or the Royal mint Britannia 263 or the RMC Canadian bar 266? Comment from : Eli

Sad to hear you had to liquidate some silver for the unexpected expenses, thanks for sharing the experience If I had to sell something (which might be very soon) I would sell my silver Krugerrands, to offload those milk spotty ounces Comment from : Lobo Plateado Stacker

Things will continue to get more expensive Comment from : Jeffrey

Good stuff Flo! I did the same last year for some land Glad I had some silver laying around Comment from : Silver Britches

The tips provided emphasize the importance of doing thorough research and gathering multiple offers to ensure you receive a fair price The cautionary advice about potential scams and the need for proper documentation is also invaluable Thank you for sharing this knowledge!👏 Comment from : Rubie Filbey

thanks for sharing😌 Comment from : Kerrill

The emphasis on establishing a relationship with a trusted dealer and seeking expert opinions is valuable advice for anyone looking to sell their precious items These insights can help ensure a smooth and successful transaction Comment from : Rex

Great video!brSorry about the 🌲 Trees & Fence That Just Sucks! But I couldn’t agree more on what kind of metals to sell Hell, I had a hard enough time turning some my silver into Gold Lol brStay Strong 💪 Comment from : Montana Stacker

The tips provided in this video are not only relevant to selling gold and silver coins but also applicable to other valuable collectibles Comment from : Berty S

Important things to consider before selling Comment from : Alana Besner

The educational aspect of this video is commendable The presenter takes the time to explain key concepts and terminology related to selling gold and silver coins, ensuring viewers have a solid foundation of knowledge Understanding the market value, grading systems, and the importance of reputable dealers are essential factors that can significantly impact the selling experience Comment from : Emmett Porraz

Valuable advice for maximizing profits Comment from : Crystie Klepac

I appreciate the transparency and honesty in this video The content creator openly shares their personal experience of selling gold and silver coins, including both the successes and challenges It's refreshing to see someone genuinely interested in helping others navigate the process and avoid common pitfalls These tips are definitely worth considering before embarking on a coin selling journey Comment from : Fortuna Terbush

Helpful video for beginners🔥 Comment from : Mendie Iman

Informative and well-explained Comment from : Marena Campeau

A perfect example of why we stack Great video! Comment from : City Stacker

Thank you for your service I've had to sell some of my stack just to pay bills I'm glad I had it to sell thanks to videos like yours I started stacking a couple of years ago Comment from : David Callaway

Not much chance of forming a relationship with my "local" coin shop, considering the closest one is 120 miles away Comment from : ZenMaster

I should go to a local coin shop soon and build a rapport with them so it'll be easy to liquidate my stack when the time comes Comment from : TrueUltimate

Related I Sold $5,000 in Gold and Silver Coins. THREE Tips to know before YOU Sell! videos

How to Buy Gold Bars | Buy and sell gold coins | Gold buy or sale rules | ARY gold | 24k gold | Gold РѕС‚ : Other Info TV Download Full Episodes | The Most Watched videos of all time

tripple three legged frog for sale | three legged frog | three legged frog feng shui РѕС‚ : dheeraj Midha Download Full Episodes | The Most Watched videos of all time

three legged toad feng shui | three legged toad | three legged toad with coin in mouth buy online РѕС‚ : dheeraj Midha Download Full Episodes | The Most Watched videos of all time

Cash For Gold | Santa Rosa | What You Need To Know Before Selling Scrap Gold | Sonoma | Oakmont РѕС‚ : California Gold Connection Download Full Episodes | The Most Watched videos of all time

What You Should Know Before Donating Plasma - 5 Helpful Things to Know as a New Plasma Donor РѕС‚ : Zach Johnson Download Full Episodes | The Most Watched videos of all time

GOLD SILVER LIVE | GOLD SILVER VOLATILE BEFORE KEY DATA FROM ECB, US RETAILS SALES AND JOBLESS DATA РѕС‚ : Investep Download Full Episodes | The Most Watched videos of all time

INVESTING IN GOLD COIN | Watch this VIDEO before BUYING Gold Coins | Know Your Jewels (2020) РѕС‚ : GemRishi Download Full Episodes | The Most Watched videos of all time

Before You Buy a SINGLE OUNCE of Silver - Silver Stacking Tips 2023 РѕС‚ : Silver Dragons Download Full Episodes | The Most Watched videos of all time

Three Coins in the Fountain (From "Three Coins in the Fountain") РѕС‚ : Doris Day Download Full Episodes | The Most Watched videos of all time

Three coins in the fountain HD (1954 Three coins in the fountain) Frank Sinatra РѕС‚ : Mr.Oldies Download Full Episodes | The Most Watched videos of all time