I have already sold quite a few coins in the BUY IT NOW area but I am thinking of selling sterling and gold. I have not seen any gold and just a bit of sterling so nothing to judge by.
Has anyone had any luck doing this? Did you list right at spot or above? Did you put together "lots" for sale or just individual?
I could do BUY IT NOW on feeBay but I would have to add 10-15% just to get spot after all the fees. That is where I put my nicer gold purchases.
There's no harm in holding it if you don't need cash right now. I'd hold onto it until prices head toward $20 and then sell or trade the sterling for 90 percent coins or .999. You'll get a better percentage of spot for sterling the higher spot goes.
quote:Originally posted by NickellessThere's no harm in holding it if you don't need cash right now.
I don't really need the cash right now but I need to think several months into the future. My daughter starts college in Sept. So I am just building up a cash reserve for that. Cal Poly has broken up the payments in three to spread it out over the year. Besides, my gold/silver buying money is running low. Need to replenish that so I can invest some more.
It is a vicious circle Need more money. Buy more gold. Sell more gold. Make more money. Spend it on the kids. Need more money.
I will be listing in the BUY IT NOW area soon
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Posted - 07/28/2009 : 18:54:44
