Coin Shop Dealer: There’s no silver, WHY BOTHER!

Coin Shop Dealer: There’s no silver, WHY BOTHER!

so these are kind of like I get these in
um they’ll be in 1986 coin sets so
they’ll come with a uh silver dollar and
I I think I’ve already sold the silver
dollars these are just there there’s no
they’re just copper nickel clad um but
they’re proof and I mean I I don’t I
don’t know anybody that’s interested in
them like I’m not I don’t know I I
wouldn’t charge anybody more than you
know maybe a little over face value but
to me it’s just not these things are
they’re just not worth it you know and
there’s no silver if there’s no silver
why bother right um but I I do come
across I come across stuff like this
quite often but you know every now and
then I’ll be like yeah what the heck
I’ll buy it yeah I’ll pay you I’ll pay
you face value for it so with so with
these prices this week is anybody coming
in to buy gold uh yeah anybody really
yeah uh you’d be surprised I am I am
already surprised I’ve made some very
big sales wow very big sales um some
like kind of mid mid to large size sales
to massive sales really I’ve had within
the within the past couple weeks I’ve
made the biggest sale I’ve ever
made on gold yeah uh actually silver
really yes yeah well silver silver only
went up you know yeah yeah coup do and
this customer actually locked it in at
the right price um he he and and like
right after he put his order in so oh
that’s 28 bucks yeah okay um so he he
got it at the right time but uh and what
did you what did you wanted a like a
monster or
something I’m not even going to say it
was so much it it was a lot was but but
in small denominations it wasn’t one of
those one of those giant uh you know the
giant brick that’s like I’ll tell you
what it was it was 10 o bars and 1 o
bars okay I won’t tell you how much it
was but it was it was a lot glad to I’m
glad to hear somebody getting that but
you know what I’m talking about that
giant brick that 100 o is it’s more than
100000 o bars th Oz it’s just massive
well here’s the thing with thousand Oz
bars people don’t know is uh it’s an
automatic 1099 so you come sell me ,000
Oz bar really automatic 1099 yeah that’s
not good yeah so don’t buy them I mean
the same with the kilo gold bar are we
talking about the same thing it’s
literally like the size of this top
maybe little yeah yeah I mean that’s
that’s like the that’s like the banker
bar it’s massive thousand oce silver bar
um don’t buy it you go toell so if you
you get the same amount of silver in in
100 ooun or 10 oun and you don’t have to
do 1099 exactly yeah I you know I mean
if you sell so the IRS rules are first
of all they’re not specific they don’t
say whether it’s one day or one year
certain dealers will will just say
within one fiscal year if you sell me
over 1,000 ounces of silver I’m going to
give you $199 so that could be you know
within that fiscal year from January 1st
to December
31st um you know that could be you know
100 ounces here 100 ounces there 500
here another 400 there you know if it
adds up to a th they might you know yeah
it’s up to the discretion of the dealer
because the IRS roles aren’t clear um
kilo bar kilo bar of gold automatic 1099
don’t tell
don’t touch him unless you’re unless
you’re business unless you know you are
business and this is all going to get
reported anyways don’t touch it don’t
don’t touch it because it’s it’s also an
automatic
1099 would would you even if somebody
walked in with one of those would you
yeah yeah I mean it’s below the wholesal
is going to take it anywhere yeah I mean
we’re the only dealer in Northern
California that will touch kilb bars I
had I had one lady drive from Chico to
and that’s for your listeners who aren’t
in California that’s about 5 hours away
I mean between us and Chico is
Sacramento there was nobody even in
Sacramento that would touch a kilo they
sh a lot several kilo bars nobody
would touch them nobody wanted it and
like what we did is we didn’t even sell
them we just flipped them to the
distributor yeah of course the
distributor bought them so we’ll price
it in we’ll pay like I don’t know 98 99%
a spot we’ll get like two butts over on
the spot so and yeah we we’ll just flip
it out of here we won’t even touch it I
mean we will touch it but we won’t sell
it yeah we won’t re retail that no
they’re they’re just enormous

Silver stacking is the way to go. There are many ways for us to protect our wealth, many ways to swap out our fiat currency for a tangible asset and silver is the best choice. Just look at the past two decades and you can tell that silver will dramatically rise and increase in value over the coming years. You absolutely can’t go wrong. The smart thing to do is to buy as much silver as you can and stash it away! Don’t touch it … the bullion prices will continue to rise and when you wipe the dust off that silver – in 2055 – you’ll be glad you bought in now!

Pacific Precious Metals
1330 N Broadway Ste E, Walnut Creek, CA 94596
(925) 532-1964
www.pacificpreciousmetals.com

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Disclaimer: I am not a CPA, lawyer, or financial advisor. I am just a guy that loves to stack precious metals. This video is for your entertainment.

Topics covered:
Often we stack silver and gold by working with a silver dealer but today white collar crime impacts the price. Inflation causes prepper reactions as gas price, oil, gold price are at record levels. Silver stacking price along with spot price makes precious metals a likely investment. Does finance and the economy and interest rates make stocks in the stock market a last resort for hyperinflation? Economic news for mining stocks may be a good financial education and choice; though if you are a constitutional silver stacker then bullion like gold coin and silver bars or even silver rounds offer likely alternatives to central banks. What is a CBDC? Is it part of the FED or is the federal reserve simply a fiat currency? People tell us investing in gold and how to invest in gold but not the best gold coin to buy. Do you wonder about financial education, safe haven assets and where to Buy Gold Coins. Getting started buying gold. The final topic is how to buy gold coins, and which gold coins to buy. Plus, how to invest in gold because buying physical gold requires a beginners guide to buying gold. Arguments about the best place to buy gold coins as well as the best gold coin to buy. For your introduction to gold coins, American Gold Eagle, and of course American Gold Buffalo! YouTubers referenced: Yankee Stacking, Silver Dragons, Silver Slayer, Smart Silver Stacker, and Salivate Metals.
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