Gold and silver prices are down

[Varmint]

Silver Maples for $2.60 over spot. Lowest I've seen recently on the Maples.

http://www.ebay.com/itm/Tube-of-25-...Leaf-5-Coins/331577689455?hash=item4d3392056f

 

[MX338]

1 oz. silver bullion for $16 and ounce when you buy 5 ounces. almost gone.

http://www.ebay.com/itm/301221032122?_trksid=p2055119.m1438.l2649&ssPageName=STRK:MEBIDX:IT

 

[Canndo]

Silver Maples for $2.60 over spot. Lowest I've seen recently on the Maples.

http://www.ebay.com/itm/Tube-of-25-...Leaf-5-Coins/331577689455?hash=item4d3392056f

Anyone ever deal with Bay Precious metals before? Looks like good feedback. I'm debating jumping on this.

 

[Tweed]

Anyone ever deal with Bay Precious metals before? Looks like good feedback. I'm debating jumping on this.

I have not. They are Mass based, so if you are a Mass resident and purchasing less than $1000 you will be charged sales tax. I have purchased from APMEX, MCM, and BullionExchanges.com

 

[Canndo]

I have not. They are Mass based, so if you are a Mass resident and purchasing less than $1000 you will be charged sales tax. I have purchased from APMEX, MCM, and BullionExchanges.com

OK thanks. Good to know. I've been doing business Apmex and MCM exclusively these days. I don't see any deals that compare from either as of now. It's a wait-and-see.

 

[Varmint]

Anyone ever deal with Bay Precious metals before? Looks like good feedback. I'm debating jumping on this.

I read that they are Coins N Things, some huge dealer based in Boston. Supposed to be very legit. Just remember it's MA taxable under $1000.

 

[Canndo]

I read that they are Coins N Things, some huge dealer based in Boston. Supposed to be very legit. Just remember it's MA taxable under $1000.

That's only if you're a mass resident buying from mass dealer correct ?I've been buying from apmex MCM etc. and haven't been hit with any sales tax.

 

[Varmint]

That's only if you're a mass resident buying from mass dealer correct ?I've been buying from apmex MCM etc. and haven't been hit with any sales tax.

Right. Baystatemetals is a Mass dealer.

 

[FPrice]

1 oz. silver bullion for $16 and ounce when you buy 5 ounces. almost gone.

http://www.ebay.com/itm/301221032122?_trksid=p2055119.m1438.l2649&ssPageName=STRK:MEBIDX:IT

I have not. They are Mass based, so if you are a Mass resident and purchasing less than $1000 you will be charged sales tax. I have purchased from APMEX, MCM, and BullionExchanges.com

Damn, I was looking at that also.

 

[TheStig]

silvers at $14.44 per ounce right now thats up from last week but down from the average of $15.30

 

[FPrice]

Anyone ever deal with Bay Precious metals before? Looks like good feedback. I'm debating jumping on this.

I have not. They are Mass based, so if you are a Mass resident and purchasing less than $1000 you will be charged sales tax. I have purchased from APMEX, MCM, and BullionExchanges.com

I emailed them on eBay and they confirmed this:

Good Morning,
We are located in Massachusetts
therefore we are required to charge sales tax on Massachusetts orders under
$1,000.
Regards,
Mary

 

[Canndo]

I emailed them on eBay and they confirmed this:

Thanks for checking on that. I still may use them if I buy a bunch of silver or an ounce of gold. I'll keep them on my radar. You wouldn't happen to know where in mass they are located and if they have a retail location?

 

[Ezra]

Thanks for checking on that. I still may use them if I buy a bunch of silver or an ounce of gold. I'll keep them on my radar. You wouldn't happen to know where in mass they are located and if they have a retail location?

I think they are at 350 Bedford St, Bridgewater, MA 02324. Their faq on ebay says they ship from Bridgewater. Not sure if they have a storefront.

 

[Canndo]

I think they are at 350 Bedford St, Bridgewater, MA 02324. Their faq on ebay says they ship from Bridgewater. Not sure if they have a storefront.

Thanks. Not close enough to me to make it worthwhile. I'll be sticking to the interwebz. Lol.

 

[Varmint]

I think they are at 350 Bedford St, Bridgewater, MA 02324. Their faq on ebay says they ship from Bridgewater. Not sure if they have a storefront.

They have a storefront, they are the largest seller of gold to the US Treasury, according to this article.

http://www.bloomberg.com/bw/magazine/the-family-that-sells-gold-to-the-government-11032011.html

- - - Updated - - -

So the Fed meeting is Thursday, and I think there's a chance gold and maybe silver will bottom before this meeting. Cause once the Fed announces no rate increase, gold will probably rally. It should eventually be obvious to everyone the Fed will never raise rates, but you never know, the media keep saying it's 50/50, lol.

 

[kingfisher]

Help, please, from some of you experienced guys...

I tried to make a purchase from Bay Precious Metals, but I couldn't do it the way I wanted. I want to accept the shipment where I work, but this is in their FAQs:

Q: Can I have my order delivered to an address other than the address on my PayPal account?

A: For your protection and ours, we only ship to the address associated with your PayPal account and requests to ship to a different address will not be honored.

Even though I changed my address on PayPal, my order was cancelled. Maybe because it doesn't match the billing address of the credit card I was using. I assume I could avoid that problem in the future by putting sufficient funds into PayPal prior to making a purchase and not use a credit card at all?

Do all the big precious metal dealers on eBay use PayPal for their transactions and have the same policy? APMEX doesn't seem to have an FAQ in their eBay store, so I don't know if they'll ship to a different address, but I haven't looked beyond that.

Any suggestions on the best way to buy PMs on eBay and not have to stay home from work to receive the package?

 

[mclina]

Help, please, from some of you experienced guys...

I tried to make a purchase from Bay Precious Metals, but I couldn't do it the way I wanted. I want to accept the shipment where I work, but this is in their FAQs:



Even though I changed my address on PayPal, my order was cancelled. Maybe because it doesn't match the billing address of the credit card I was using. I assume I could avoid that problem in the future by putting sufficient funds into PayPal prior to making a purchase and not use a credit card at all?

Do all the big precious metal dealers on eBay use PayPal for their transactions and have the same policy? APMEX doesn't seem to have an FAQ in their eBay store, so I don't know if they'll ship to a different address, but I haven't looked beyond that.

Any suggestions on the best way to buy PMs on eBay and not have to stay home from work to receive the package?

I guess it depends on the size of your order, but all of my ebay orders have just ended up in my mailbox. I have never ordered more than 10 ounces of silver at a pop from ebay.

In ordering from JM Bullion, I have had up to 20 ounces of silver just go into the mailbox, but 30 ounces require a signature.

 

[Billsail]

Help, please, from some of you experienced guys...

I tried to make a purchase from Bay Precious Metals, but I couldn't do it the way I wanted. I want to accept the shipment where I work, but this is in their FAQs:



Even though I changed my address on PayPal, my order was cancelled. Maybe because it doesn't match the billing address of the credit card I was using. I assume I could avoid that problem in the future by putting sufficient funds into PayPal prior to making a purchase and not use a credit card at all?

Do all the big precious metal dealers on eBay use PayPal for their transactions and have the same policy? APMEX doesn't seem to have an FAQ in their eBay store, so I don't know if they'll ship to a different address, but I haven't looked beyond that.

Any suggestions on the best way to buy PMs on eBay and not have to stay home from work to receive the package?

See if they can request a hold at the shipper's destination terminal. Then you can go there and sign for it. Inconvenient? Yes, but I assume your doing this to reduce the risk of theft. The easiest would be your local Post Office, if they use them.

 

[Varmint]

Help, please, from some of you experienced guys...

I tried to make a purchase from Bay Precious Metals, but I couldn't do it the way I wanted. I want to accept the shipment where I work, but this is in their FAQs:



Even though I changed my address on PayPal, my order was cancelled. Maybe because it doesn't match the billing address of the credit card I was using. I assume I could avoid that problem in the future by putting sufficient funds into PayPal prior to making a purchase and not use a credit card at all?

Do all the big precious metal dealers on eBay use PayPal for their transactions and have the same policy? APMEX doesn't seem to have an FAQ in their eBay store, so I don't know if they'll ship to a different address, but I haven't looked beyond that.

Any suggestions on the best way to buy PMs on eBay and not have to stay home from work to receive the package?

You don't have to stay home, they will leave a slip and you pick it up yourself at the post office. They won't leave packages over a certain amount, maybe $400?

i.e. I know they will leave a $350 package of silver but not a $700 package of silver.

 

[enbloc]

.

 

[Varmint]

Well, this gold Maple is below spot today with 10% Ebay bucks (if you got the email offer), but gold is skyrocketing presumably cause they know the Fed won't raise rates tomorrow.

http://www.ebay.com/itm/121556286656?_trksid=p2060353.m1438.l2649&ssPageName=STRK:MEBIDX:IT

 

[LuvDog]

Isn't the coins and paper category excluded from the offer


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[joshh]

this a better deal? I havent bought gold before but would like to get into it

http://www.ebay.com/itm/SPECIAL-PRI...ay-SKU-82687/141451508246?hash=item20ef2aba16

 

[Billsail]

this a better deal? I havent bought gold before but would like to get into it

http://www.ebay.com/itm/SPECIAL-PRI...ay-SKU-82687/141451508246?hash=item20ef2aba16

Prices are almost always lower on bars and rounds, when compared to coinage. A better deal...not really. You won't know until you sell.

 

[Varmint]

Isn't the coins and paper category excluded from the offer

No, "Bullion" is excluded, but some coins are not listed under bullion, like that Maple Leaf.

- - - Updated - - -

this a better deal? I havent bought gold before but would like to get into it

http://www.ebay.com/itm/SPECIAL-PRI...ay-SKU-82687/141451508246?hash=item20ef2aba16

No Ebay bucks for that one, so it's actually more expensive, and it's a bar.

 

[headednorth]

Silver related, but off topic- guy makes a ring out of a Morgan silver dollar. Ive never heard of making rings from coins but apparently its a thing. Pretty cool process, imo.

 

[mac1911]

What is,with the unclaimed silver bar flyers I get in the mail? 5 1/4 oz bars for 99$ , ?

 

[VetteGirlMA]

this a better deal? I havent bought gold before but would like to get into it

http://www.ebay.com/itm/SPECIAL-PRI...ay-SKU-82687/141451508246?hash=item20ef2aba16

I just bought one of these from JM Bullion last weekend and paid 1158 for it. I'm still waiting for it to arrive. It's supposed to come in today, which is why I am working from home

 

[Varmint]

I just bought one of these from JM Bullion last weekend and paid 1158 for it. I'm still waiting for it to arrive. It's supposed to come in today, which is why I am working from home

If it's USPS they leave a slip and you can pick it up at the post office, that's what I usually do.

 

[LuvDog]

I picked up the maple leaf. With the eBay bucks it seemed like a decent deal. We'll see what happens today


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