I Tried to Sell Silver to 4 PAWN SHOPS... Here's How Much I Lost!!!

Doing business with "pawn shops" when dealing with precious metals. 😂 Oh, my sides.....😂

Why do you guys over explain everything? I can't get through one of your videos because of the over explanation.

Who actually shops at a pawn shop? Who?

Your saying 1 to 4 dollars is losing your butt? Unless i’m missing something

I can’t say I blame them, I have several buffalos and they are kind or low grade design.

Your going to lose it all you got to take the Mark of the Beast to sale or buy so you lose either way. Get Jesus and you won't live in fear. Don't get left behind Jesus is the only way to God The Father.

Tesla!! yea you will always get fucked at a pawn shop, everyone should know this.

Kindly pay a visit to my establishment, where I can offer you a more advantageous price that is not determined by the weight of the item. It is important to note that certain pawn shops may use a 24k solution on a 10k piece, which could potentially cause damage in an attempt to dissuade you from keeping it. Furthermore, they may try to prove its lack of authenticity, leading to its destruction. It would have been wiser to visit a jewelry store that values and respects such items. However, it is essential to remember that these items are meant to be sold, not collected, especially if you are not in the retail or manufacturing business.

I never sell at pawn shops. The coin shop I deal with here locally always gives me spot for generics and above spot for eagles

You should have explained when you bought how much when you sold

pawn shops, title loans, LEGAL scams and licensed theft.

If you are a Gold or Silver Stacker, I highly recommend opening an Account with United Precious Metals Association.

Never sell to pawnshops. Have personally witness people sell gold eagles at gold scrap at big chain pawnshop.

I went to a pawn shop years ago with about an oz of random gold and a platinum ring with a small diamond. They offered me 100 bucks for the gold and 10 for the platinum saying platinum isn't valuable.

Losing money doesn't sound like Investment is

I’ve been investing in silver for the last 15 years and I’m beginning to believe it’s a scan.

NOʻ. NO. NO. GO TO A REPUTABLE COIN SHOP

Pawn shops are like a yard sale, except they always get the treasure

So you got $25/ozt. Not a real beating. Have you ever run a pawn shop? Very risky business.

They always use trespassing to fix everything. Then when all charges get dropped the reporter is right.

The pawn shop needs to make money also .. why would they pay spot price or even close to it .. if you thought the price was going up tomorrow why would you sell for less today

Hmmm ? Getting ripped off, you must be desperate? Moral of this video is, don't buy any more silver in any for unless you like losing $$$ !

I get so confused trying to sell my coins. I need to learn more!

One thing you never sell to a pawn shop but local coin dealers & online sales

I have never bought nor sold at a pawnshop. I've looked around in a few but always left shaking my head at their prices for used stuff. I will buy anymore ASEs you have for that price, tax or no tax. lol

This is stupid. This fellow is upset the silver dealer made $3 buying two ounces of silver. The dealer pays $3000 rent plus more for employees. He has to make a profit or close. If the price fell sharply the next day, the dealer loses money.

“Quarters” not “kwatters”

Can you pawn(not sell) your silver coins and if it goes way up ... redeem it? If it tanks , let them keep it ? What am I missing here ? Maybe they don't allow you to pawn metal. Nice white interior btw.

You never buy silver to sell! Silver is a store of value not a short term investment opportunity for investors to make money on!!!! This is why I buy old USA silver coins in circulated condition and hold them for my grandchildren. In 30 years my coin collection will be 130 plus years old and more valuable and my grandchildren will hold them another 50-60 plus years and leave them to their grandchildren and in a few generations my great great great grandchildren will be wealthy people who know how to store their wealth. THIS IS WHY PEOPLE INVEST IN SILVER !!!!

Always best to sell to another stacker/collector

anybody selling their silver for under spot is a fool........... in fact anybody selling any of their silver right now i9s an even bigger fool.............. don't be a fool......

Why aren’t we selling to each other instead of shops?

"Best I can do is $9.99 per ounce, and I'm taking all the risk here."

Why go to a pawn shop?

Always been my question. If silver was to hit $50, $60, or more…who would even buy it? How would you sell precious metals during a bull market and get prices near peak?

The question is what did you buy the silver for???.

Idiotic

It's simple - the pawn shop sells to a gold dealer for a profit. The gold dealer sells to a gold wholesaler for a profit. The gold wholesale sells to a refiner for a profit who in turn sells to a customer for a profit. You my friend are at the south end of a northbound train. This is why buying metals is a losing proposition. To make matters worse if you buy gold as a hedge against a currency failure why do you judge the value of the transaction in the same currency you don't trust?

Pawn shops...or a legitimate coin dealer?

You will never get your money back from buying eagles.

i dont understand why people think going to a pawn shop will give them a "fair" price on something like gold and silver. They need to sell stuff and make money as well. So of course they aren't going to give you what its worth.

Pawn shops only give price of silver. Definitely need to sell at coin stores, not pawn shops.

Take your Tesla to a dealer and ask how much they would give for a trade in for a new one.

Pawn shops are in the business of loaning money. They have to work off the time value of money. If they buy any item, that money cannot be loaned. That is lost opportunity. How long will it take them to turn that item. If they buy at spot and spot drops, they have lost more than the difference. They have lost the time value too.
Most pawn shops do not like PM because the turn time is too long.

WHAT IDIOT GOES TO A PAWN SHOP TO THOSE PARASITES TO GET RIPPED OFF ?????
IF YOU HAVE COINS YOU GO TO A COIN DEALER ...AFTER YOU LOOK ONLINE FOR GOING PRICES AND CHECK PRICES ON EBAY
THUMBS DOWN FOR EVEN SUGGESTING THIS BRAINDEAD STRATEGY TO BE A VICTIM

I'd recommend buying yeast and freezing it. Soon people will be making their own bread.
Revelation 6
When he had broken the third seal, I heard the third Living Being say, “Come!” And I saw a black horse, with its rider holding a pair of balances in his hand. 6 And a voice from among the four Living Beings said, “A loaf of bread for $20, or three pounds of barley flour,A loaf of bread for $20, or three pounds of barley flour, literally, “A choenix of wheat for a denarius, and three choenix of barley for a denarius” there is no olive oil or wine, literally, “do not damage the oil and wine.” but there is no olive oil or wine.”

Pawn shops! Are you stupid!

The only people telling you to buy silver (and gold) are those people SELLING silver and gold.

Don't sell silver, buy and hold until you need it for food cuz the USD is Dead.🎉