Is it safe to buy gold eagle from a local dealer?

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#1 Tue, Jul 12, 2011 - 12:53pm
padme
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Philadelphia, PA
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Is it safe to buy gold eagle from a local dealer?

or should I go with well known name like apmex?

Local dealer is cheaper: he charges $60 over spot.

Edited by: padme on Nov 8, 2014 - 5:31am
Tue, Jul 12, 2011 - 3:20pm
s1lentslayer
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Local with cash. No paper

Local with cash. No paper trail. As long as it's not from someone's car trunk.

Tue, Jul 12, 2011 - 7:21pm
Eric Original
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NOthing wrong with the local

NOthing wrong with the local guys.

This isn't a metals blog anymore. It's a right wing circle jerk, masquerading as a metals blog.
Tue, Jul 12, 2011 - 7:26pm
Prize Fighter
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Just in from my local...1

Just in from my local...

1 oz. gold Buffalo

10 - 10oz NTR bars

5- 1oz Kookaburras

The Buffalo was +$70 but gave me spot at $1515 when I would have sworn it was $1560something. Cash works!

Also picked up 100 rounds of 5.56 and 200 rounds of 9mm, but that was a different shop cool

Tue, Jul 12, 2011 - 7:53pm
Gramp
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New England
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The local guy here asking for

The local guy here asking for spot +$20 for 1/10 oz. Eagles. Small shop,

No selection... better than no Shop at all i guess!

Almost want to take in a few pieces of bullion, just so there is something to look at in the case! .... Nahh!!

~ Even a dead Fish can go with the flow ~
Wed, Jul 13, 2011 - 6:02pm (Reply to #5)
Dr G
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Spot plus $20 isn't bad. My

Spot plus $20 isn't bad. My local does 1/10th spot + 14% for 1/10, 1/4 spot + 12% for 1/4, 1/2 spot + 10% for 1/2, and who the hell knows for 1oz because I'm not a high roller. :)