Seybold Jewelry Building - Miami
Bryan Bonaiuto I think I walked into the wrong area. Does anyone pay spot for gold in the building. I sold 2 philharmonic quarter rounds coins. I should have sold them right next to my house. Instead, I drove all the way to Miami, thinking that I would get spot, or maybe more. It was kind of an experiment, and I ended up taking 5% back on each one I lost about $40 on each coin. In total, about a $100, I understand people have to make money, but when you sell a coin like a philharmonic. And its a quarter ounce, youre going to make about $50 on the coin itself over spot. If you can say no I sell it for spot. No, you dont. Nobody does. If so, give me your name your number and Ill start buying all my gold coins from you. I was trying to get 2% back. I thought it was fair and I ended up taking 5% back. I needed the cash at the time a little bit I could have done without. I really dont like philharmonics. Anyway, but still, its like a big hustle. Maybe I just walked into the wrong places. Somebody offered me a $150 under spot. Terrible. And then the next day, gold went up a $100. Its funny, everybody says Im taking a chance, so is the person with the gold. Im selling you gold, and its been so up-and-down that from 1 day to the next, I could be losing a ton of money as well. We all take a chance we all buy it. And people say, well, its my business, you think I dont go to work and earn the money. I mean, its just stupid. Theres a reason why theres the comex. Their spot price, and then theres 1 to 2% back. I mean, come on, sell it for 1 or 2% over the cost. Buy it for what it cost.
