Easy money if you take a bit of risk

[8mpg]

America the Beautiful Silver Coins are on sale from here:

http://www.buyamericathebeautifulnow.com/products/96-america-the-beautiful-5oz-silver-bullion-coins.aspx

Its $975 shipped from the mint to your door. Ebay is selling them all day long for $1650+....subtract out 10% for fees and shipping and you are looking at $510 profit. The coins could sell for more, a few have bids over $1800

[Alex]

Have you done it yet?
How long to get to your door?

[8mpg]

I just ordered a set... From what I have read, it takes 2-3 weeks to get to you. People are pre-selling them

[GE]

There's a sucker born every minute.

[8mpg]

There's a sucker born every minute.

we will find out if Im one of them. Some distributors sold out within 24hours at $1400/set.

BTW - its 25oz of .999% silver. Silver was $28/oz today so $700 in silver regardless. It has monetary value even if you had to scrap it

[Denny]

Just make sure when you get it it is the 2010 and not 2011. The reason they're selling so high is because the production was put on hold at the mint last year until the Silver Eagle demand calmed down. By then, it was already the last quarter, so they could only mint so much.

[Denny]

LOL @ 9.75 CA sales tax!!! That state sucks ass! I'm glad I got out of there when I did.

Also, if you're buying it at that price, make sure you get it up on ebay quickly as the prices are dropping every time new sets are posted up there. The hype will eventually die down. I'm more of a SPOT price guy, but I can see this as an opportunity to make a little. Worst-case scenario is you just picked up silver @ $39 an ounce.

[Dlachance]

I hope you plan to sell those ASAP. At $39/oz., you won't see return for a long. I felt good buying 40 oz. @ $15 ($600). Then waited till it hit $20/oz. to sell 30oz. 10oz. free and clear is awesome, since I have pulled my intial investment out, it is just sitting there.:wink1:

[Broncojohnny]

So, what are the odds that the place that is making them is also auctioning them on ebay and bidding on those same auctions?

[Denny]

So, what are the odds that the place that is making them is also auctioning them on ebay and bidding on those same auctions?

A lot of people are buying them up at those prices. They're all hype because of the limited run. It's just silver to me, so I'll be a sport and give them SPOT

[Denny]

I hope you plan to sell those ASAP. At $39/oz., you won't see return for a long. I felt good buying 40 oz. @ $15 ($600). Then waited till it hit $20/oz. to sell 30oz. 10oz. free and clear is awesome, since I have pulled my intial investment out, it is just sitting there.:wink1:

I bought most of mine between 16-18 and hit the dips along the way.

[Roscoe]

I have one of those cool coins that has the world trade center insert that can stand up on the coin itself if you're interested....

I won't even charge you sales tax, and a BARGAIN at $49.95ea plus shipping and handling.

[Alex]

Damn not available anymore

[JimD]

Damn not available anymore

Sold out that quick?

[8mpg]

I hope you plan to sell those ASAP. At $39/oz., you won't see return for a long. I felt good buying 40 oz. @ $15 ($600). Then waited till it hit $20/oz. to sell 30oz. 10oz. free and clear is awesome, since I have pulled my intial investment out, it is just sitting there.:wink1:

It's not only about silver. Its a coin collection thing.

Al - the distributors are only allowed by the mint to make 10% on their sales.