Silver Dealer WARNING: AVOID THIS Type of Silver!

Silver Dealer WARNING: AVOID THIS Type of Silver discusses stacking silver and which types of silver one should buy. There are some types of silver some people should stay away from for a variety of reasons, especially when it comes to stacking. In this video, Bullion dealers Andrew Henn and Stormy discuss the different types of silver and what you should buy right now!
Be sure to check out Andrew's business Bayshore Bullion Exchange and let him know Stormy sent you!
Andrew Henn
Bayshore Bullion Exchange
bayshorebullionexchange.com/
732-895-5200
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#silver #preciousmetals #gold

Пікірлер: 386

  • @joelebstein
    @joelebstein20 күн бұрын

    I’ve been buying and selling generic silver for 15 years. Never once have I EVER had a hard time moving it.

  • @littleeagle7563
    @littleeagle75637 ай бұрын

    Silver is silver.

  • @richardlove4287
    @richardlove42877 ай бұрын

    When the shtf silver won’t care what it has stamped on it.

  • @eugene1059

    @eugene1059

    7 ай бұрын

    That's right pretty won't matter purity will matter.

  • @D0TELL

    @D0TELL

    7 ай бұрын

    Depends on what you consider shtf? Not being able to buy your brand name products. Or what it looks like in Ukraine right now.

  • @stephen8025

    @stephen8025

    7 ай бұрын

    People won’t gaf about silver if shtf. Can’t eat silver.

  • @richardlove4287

    @richardlove4287

    7 ай бұрын

    @@stephen8025 , only a fool would stack wealth if they didn’t already have all other bases covered. I only started to preserve my wealth in silver and gold when I had at least a years worth of preps done. Including large gardens. You can’t eat silver …but you can buy shit loads of physical assets on the other side of the reset, real wealth just doesn’t disappear, it always goes to the strong prepared hands.

  • @edallen4936

    @edallen4936

    7 ай бұрын

    ​@@stephen8025but it will pay for what you can eat.

  • @lurereviews5164
    @lurereviews51642 ай бұрын

    If shtf stock pints of liquor for bartering

  • @nateg4236
    @nateg42367 ай бұрын

    The pvc in most cheap plastic flips is what damages coins. Make sure to only use non pvc for all storage. 👍🏼

  • @armin10211978

    @armin10211978

    7 ай бұрын

    I didn't know that, thanks.

  • @SpiKSpaN-ei6zq

    @SpiKSpaN-ei6zq

    6 ай бұрын

    Thanks for the tip

  • @GoldKingsMan

    @GoldKingsMan

    8 күн бұрын

    Ya I had pvc ones in past. I use plastic shell ones now.

  • @JohnD-JohnD
    @JohnD-JohnD7 ай бұрын

    It's a shame that all that flatware is getting melted. Silver flatware is getting harder to find.

  • @BayshoreBullion

    @BayshoreBullion

    7 ай бұрын

    So much of it gets melted down. Not easy to resell. Whole sets are thousands of dollars. I offer a lot of that stuff at $1 over melt and its still doesn't move.

  • @jsmythib

    @jsmythib

    7 ай бұрын

    Made of the perfect material.

  • @Macky1101

    @Macky1101

    4 ай бұрын

    @@BayshoreBullion I offer my sterling at $0.20 over scrap and still no one wants to buy them. Almost perfect condition as well. That's why I am reluctant to scrap them. But they're so pretty is such a same they get melted.

  • @BayshoreBullion

    @BayshoreBullion

    4 ай бұрын

    @@Macky1101 it is a shame to melt down such nice stuff. But man I thought I was selling it cheap. You can’t give this stuff away lol.

  • @Macky1101

    @Macky1101

    4 ай бұрын

    @@BayshoreBullion The refiners give me $0.80 Cdn per gram depending on spot price, and I am only asking $1.00/gram for pristine condition sterling for a fraction of what it actually cost to make that pieces of silverware, and no one wants to buy it. I am selling the silverware for less than it cost to be produced and there are no takers.

  • @x-prophetz-x9252
    @x-prophetz-x92526 ай бұрын

    Damn shame seeing all that vintage silverware and everyday items people used to use at the turn of the century going to the crucible :( 😢

  • @digginggopher

    @digginggopher

    6 ай бұрын

    Yup, people find awesome silver at second hand stores andmelt it down, what even hit me harder is someone had a huge box full of 80% canadian junk silver and he said he melts it down to refine, I cried a bit I'm canadian and I stack canadian junk and I bet he didnt even look for errors and varieties

  • @joesmith-es1zy

    @joesmith-es1zy

    5 ай бұрын

    Some pieces of sterling silver flatware are far more valuable than melt prices.

  • @Macky1101

    @Macky1101

    4 ай бұрын

    @@joesmith-es1zy Only to a very few who want them. You can put them up for sale for tens of years and a buyer will never show up.

  • @sssm1051

    @sssm1051

    3 ай бұрын

    Same with copper or steel flatware, they cost more than their "Melt" prices too.@@joesmith-es1zy

  • @cherokeecowboy7558

    @cherokeecowboy7558

    Ай бұрын

    I'm guilty of melting flatware, candle holders etc for jewelry making.

  • @tonyalba790
    @tonyalba7904 ай бұрын

    Dollar over spot is a gonga deal. Good luck finding that online anywhere. He's almost giving it away!

  • @briankerr4512
    @briankerr45127 ай бұрын

    Ill buy scratched and dented silver bars ... have one sitting in front of my right now a 5oz sliver bar from Highland Minting. What does it matter unless it is some kind of collectors piece.

  • @BayshoreBullion

    @BayshoreBullion

    7 ай бұрын

    I don't care if they are scratched or dented either but most of the people that buy on my website do. They are very picky about condition. One little scratch and they'll want a refund or to change it out.

  • @briankerr4512

    @briankerr4512

    7 ай бұрын

    @@BayshoreBullion You would have no complaints from me. :)

  • @BlaubartMT

    @BlaubartMT

    7 ай бұрын

    When it comes time for you to sell, if that ever happens, it doesn't matter what you are willing to accept. It matters what the person buying from you is willing to accept. I also buy scratch and dent stuff, but I know that the lower premium that I'm paying is likely going to mean lower premiums when I sell it, and I'm OK with that.

  • @WhiteAngloSaxon
    @WhiteAngloSaxon4 ай бұрын

    I’ll stack and collect whatever the hell I want. I absolutely love Geiger bars.

  • @loueckert4970
    @loueckert49707 ай бұрын

    Good insight behind the scenes...thanks for posting

  • @LEVERA6E
    @LEVERA6E7 ай бұрын

    That's my 2012 ASE in the 2x2 I made that label and sold it on ebay.

  • @Teh-Jones
    @Teh-Jones7 ай бұрын

    Love seeing the behind the scenes on this type of stuff... 👍🐸

  • @doxer678
    @doxer6787 ай бұрын

    Sooooo. What types don't we buy?

  • @SpiKSpaN-ei6zq

    @SpiKSpaN-ei6zq

    6 ай бұрын

    Total nonsense. You need to get smart and scoop up every ounce of silver you can ..while you still can. I'm majorly regretting not buying more gold and silver way back when it was $14. Now I can only buy incrementally. This country is circling the drain fast and a reliable medium of exchange is needed.

  • @Shrek_Has_Covid19

    @Shrek_Has_Covid19

    4 ай бұрын

    anything fake or ridiculously overpriced

  • @robinhunt6644

    @robinhunt6644

    7 күн бұрын

    I agree that any silver is silver. I do not sell it. I would buy scratch up silver because that has no bearing to me and it usually a better deal. It all going to go up once the Fed approved banks stop shorting it down. Then it go up sevenfold in one day.

  • @wallychambe1587
    @wallychambe15877 ай бұрын

    My local dealer wants $8 over spot on silver eagle 1oz, $6 on 1oz coins like Austrian phils, $4 on 1oz rounds!😲😲

  • @billparks7368
    @billparks73687 ай бұрын

    Great video. Love the 50oz. I've never seen one for sale retail.

  • @lancegoodall5911
    @lancegoodall591113 күн бұрын

    Somehow this is giving me a sicking feeling. When everyone sells their silver all at once this will drive the price down once more 😮

  • @renegademind1833
    @renegademind18337 ай бұрын

    Lots of work, keeping on top of everything.. Thanks for some extra knowledge.

  • @shinyshinyman3777
    @shinyshinyman37777 ай бұрын

    For short term swings, it’s definitely almost like trading the stock market. Thus I hold for long term to avoid these kinds of volatility stresses

  • @infinitytricks3716
    @infinitytricks37167 ай бұрын

    .999 generic Buffalos or bars

  • @johnnyb3126
    @johnnyb31267 ай бұрын

    Cool interview Stormy 👍💪🥈

  • @WeekendsOutsideFL
    @WeekendsOutsideFL5 ай бұрын

    Great to hear these unique stories from different folks

  • @pkomonko
    @pkomonko5 ай бұрын

    When i started on silver, my supplier set me up like a cashiers till. To be able to transact for any size barter, from a bit of food to a vehicle to...

  • @tonytinoco9838
    @tonytinoco98387 ай бұрын

    This was a great video, really enjoyed it. Thank you.

  • @EmpirePreciousMetals

    @EmpirePreciousMetals

    7 ай бұрын

    Glad you enjoyed it!

  • @billguerra1304
    @billguerra13047 ай бұрын

    Great video. A nice behind the scenes look!

  • @EmpirePreciousMetals

    @EmpirePreciousMetals

    7 ай бұрын

    Thank you very much!

  • @The01231965
    @The012319652 ай бұрын

    I'm new to this.in my way of thinking,coins,the better the condition the better the price.personally I wouldn't care about a scratched up bar.weight is weight.

  • @BasicBeachCommunity1
    @BasicBeachCommunity17 ай бұрын

    Great interview

  • @Bluediamond2023
    @Bluediamond20236 ай бұрын

    I take any silver bar dented/scratched or new. Silver is Silver.

  • @ElizabethKlimas
    @ElizabethKlimas6 ай бұрын

    Instead of melting, sell it to collectors. Lots of these flatware’s ss is in good shape - lost forever in melt 🥲can never bring back. Breaking heart of ss collectors 🥲

  • @charlesrandall6835

    @charlesrandall6835

    3 ай бұрын

    This new generation could care a less about history. Let alone to sell flat ware. Worth just as much if it the right brand name.

  • @BacheZentre

    @BacheZentre

    29 күн бұрын

    ​@@charlesrandall6835 I am brand new to all of this. Mid thirties and agree with the original comment.

  • @Eli-qr9hc
    @Eli-qr9hc6 ай бұрын

    Great vid, love the detailed topic.

  • @EmpirePreciousMetals

    @EmpirePreciousMetals

    6 ай бұрын

    Glad you liked it! Hope you’ve been well buddy. Been awhile.

  • @geostall
    @geostall7 ай бұрын

    This guy's great. Great personality.

  • @SpiKSpaN-ei6zq

    @SpiKSpaN-ei6zq

    6 ай бұрын

    Yeah he does seem very 😎

  • @ace1926

    @ace1926

    3 ай бұрын

    Straight to the point with no BS.

  • @bustabus83
    @bustabus834 ай бұрын

    Lol! I believe the term is “Boat Load.”

  • @JewTubeSux
    @JewTubeSux6 ай бұрын

    I have 2,800 ozt of silver SD Bullion Freedom Rounds and 140 ozt of gold Buffalos and Maples. Our entire life savings...

  • @TheBajamin

    @TheBajamin

    5 ай бұрын

    That’s a terrible idea lol. You should diversify some of that.

  • @perindne

    @perindne

    4 ай бұрын

    Congrats on your strong financial standing. I admit I am a bit jealous! Good luck and take care.

  • @goatrancher9kinder

    @goatrancher9kinder

    3 ай бұрын

    Bro' I'd advise you to delete your comment. It is not a good idea to advertise what you've got. Bad characters are watching.

  • @idiocracy10

    @idiocracy10

    3 ай бұрын

    @@goatrancher9kinder yeah, like uncle sam

  • @loupugliese4576

    @loupugliese4576

    Ай бұрын

    Too much gold to have when ratio is 85-1. You should trade some gold and get more silver. When the ratio drops under 20-1, then trade some silver for gold. You will be very happy. That’s a wealth tactic needed when ratios are out of whack like it is now.

  • @Paul-gf9fc
    @Paul-gf9fc2 ай бұрын

    Costco here in Canada sells 1oz gold bars and 10oz silver bars. It's the best price I can find.

  • @brianfreland9065
    @brianfreland90652 ай бұрын

    i had an old neighbor years ago that would be outside all day everyday in his shed grinding flatware apart haha. idk where he was getting all that silverware but he was definitely spending hours and hours pulling it apart haha

  • @BLake71988
    @BLake719885 ай бұрын

    Great video!

  • @bunymustard2584
    @bunymustard25847 ай бұрын

    Im probably by myself on this, but i absolutely love sterling flatware 🍴👌🏾

  • @BayshoreBullion

    @BayshoreBullion

    7 ай бұрын

    I love the Sterling flatware. I’ve seen some beautiful stuff throughout the years.

  • @timfool

    @timfool

    7 ай бұрын

    I enjoy the older patterns, especially larger serving flatware. Collectors spoons are interesting too depending on the topic. There's a huge markup on a lot of that

  • @ct87gn25

    @ct87gn25

    7 ай бұрын

    I really like picking up the sterling candle sticks myself!

  • @exgenica

    @exgenica

    7 ай бұрын

    @@ct87gn25 Do you prefer "picking up" the candlesticks in the Dining Room, the Library, or the Conservatory?

  • @SilverLiterati
    @SilverLiterati7 ай бұрын

    So what type to avoid?

  • @user-pr4oq4mm7p
    @user-pr4oq4mm7p8 күн бұрын

    Yellow Gold & White Silver...

  • @mykittenisagrandmaster4381
    @mykittenisagrandmaster43817 ай бұрын

    Right now I'm trying to find different silver bars at my local pawnshop or local coin shop that could get at a good price and sell if needed for a nice profit I'm also considering buying as many boxes of pennies or half dollars I can get from my bank to go through to try and get a bunch of wheat pennies or silver halves to trade in for free gold

  • @mrsnicks6105
    @mrsnicks61057 ай бұрын

    You only realize a loss when you sell. If spot drops, hold it until it goes back up to an acceptable level.

  • @Skavatar789

    @Skavatar789

    6 ай бұрын

    yes. same with stocks and natgas and crude oil. sometimes you can flip it in a few minutes or a few hours, sometimes it takes days or weeks or even months.

  • @josephnoneofyourbeeswax8517
    @josephnoneofyourbeeswax85172 ай бұрын

    How many ounces of gold are around his neck? That seems pretty risky to me.

  • @rdillon517
    @rdillon5174 ай бұрын

    Looking at that makes my mouth water

  • @Malice_Lonewolf
    @Malice_Lonewolf5 ай бұрын

    dollar over spot on those 10 oz bars sounds awesome, my lcs charges +3 on bars and if theyre premium bars even more even on the 100oz bars no discount.

  • @Viper4ever05
    @Viper4ever057 ай бұрын

    you could probably sell that silverware for a pretty penny just as is. People love that shit.

  • @cheaplaughkennedy2318
    @cheaplaughkennedy23187 ай бұрын

    That was a really good episode

  • @nrthshor8586
    @nrthshor85864 ай бұрын

    Silver has been used as an exchange of value for thousands of years so it has its place in the should have category .😎👍Thanks for Vid

  • @glbernini0
    @glbernini06 ай бұрын

    Never realized the fractional profit margin these guys work at! Love all the people that say just melt it down not realizing all the toxic chemicals and hazards involved.

  • @buggsy5

    @buggsy5

    4 ай бұрын

    I think most coin dealers have higher margins than he has. They do not melt down sterling, they send it out to a refiner - good ones pay them at least 95% of spot - probably 98% for the 500 oz tableware box shown.

  • @warrioromarzthefirst5949
    @warrioromarzthefirst594916 күн бұрын

    I buy silver to keep it. Ill pass it on to the clan and hopefully they can make a pretty penny.

  • @dopeytripod
    @dopeytripod7 ай бұрын

    we just don't want another "Silver Thursday"...............them dang Hunt Brothers

  • @bidenhatesamerica
    @bidenhatesamerica6 ай бұрын

    Silver is silver, i’d buy any old old/beat up/ secondary market silver in a heartbeat

  • @tabcobra
    @tabcobra7 ай бұрын

    How big a deal are 10 oz bars that aren’t in encapsulated in plastic vinyl ? I have a few, but most are not, the ones in plastic don’t stack well.

  • @BayshoreBullion

    @BayshoreBullion

    7 ай бұрын

    Once they are out of the original packaging they are considered secondary market products.

  • @brianfreland9065
    @brianfreland90652 ай бұрын

    im always nervous to buy the super neat bars and rounds because im always worried it wont be recognized. that why i really like constitutional or junk silver. everyone will recognize and buy that but i already know ppl that had a hard time selling when they needed to because even shop owners had never seen or heard of some of their stuff. i want super easily recognizable weight because at the end of the day it brings you zero dollars or goods when you need to turn to it and cant convince someone its real

  • @exgenica
    @exgenica7 ай бұрын

    I've also had soft foam almost completely corrode copper coins of decent value after just a couple years in storage. Nearly all mint markings on the coins were eaten away leaving major pits deep into the copper. When I decided to use it to cushion the coins, there was nothing very odd about the foam that I could tell. Seemed completely dry and safe to use. No oily feel, smell, etc. I stopped using foam of any kind after that.

  • @oldscratch3535

    @oldscratch3535

    7 ай бұрын

    Foam holds moisture.

  • @echonovember636

    @echonovember636

    5 ай бұрын

    I've been avoiding foam or cushioning of any kind since I started. Air-tite capsules without foam, or Saflip is all I use.

  • @zionisimkills1098
    @zionisimkills10987 ай бұрын

    at some point people will come to realize the small denomination like 90% Dimes, Quarters,50 pieces most valuable for day to day transactions, Dimes most of all. Look around today, from 1 dollar to 20 dollar bill most used currency, if silver goes to $ 100 an ounce, who will be able to break a Morgan or Silver eagle with a 10 ounce bar. if 90% dime goes to $ 10 , you will want 90% Copper pre 1982 Pennies. Remember war nickels are 30% silver.

  • @jimfrost5287

    @jimfrost5287

    7 ай бұрын

    War nickels are 35 percent

  • @jimfrost5287

    @jimfrost5287

    7 ай бұрын

    1982 was a transitioning year some are copper and some are zinc the copper pennies of those years are like 98 percent copper 82 and back

  • @nts713
    @nts7132 ай бұрын

    When it hits the fan, I will be in a cave, lol. I don't think we come from, but we're actually forced underground because the surface becomes too dangerous, in my opinion.

  • @Elon_Trump
    @Elon_Trump4 ай бұрын

    man, the margins must be slim pickings for a business. It seems like a grind to make a nut on and even get into unless your pops was in the game since the 50's and 60's or was in pawn.

  • @EmpirePreciousMetals

    @EmpirePreciousMetals

    4 ай бұрын

    Very tough indeed

  • @blazingarrows6117
    @blazingarrows61173 ай бұрын

    This is fascinating.

  • @BayshoreBullion

    @BayshoreBullion

    3 ай бұрын

    Thanks for watching.

  • @AnthonyAlba-to2gh
    @AnthonyAlba-to2gh5 ай бұрын

    Whenever silver makes it's move, people & shops will not be so picky. If it's a decent round, it should sell itself. All you need mention for comparison, is Silvershield, Liberty Coins, Scottsdale mint rounds & other instant hits, which many enjoy bidding wars on auctions these days. Why? Because of the high quality standards they bring and their meaningful messages.

  • @garylynch9206
    @garylynch92063 ай бұрын

    I am in Ireland. We have no culture of LCS. Have to either buy and vault or develop a reputation in the tiny secondary market. Doing both but it is not hugely liquid.

  • @BayshoreBullion

    @BayshoreBullion

    3 ай бұрын

    Interesting. Why no LCS in Ireland?

  • @garylynch9206

    @garylynch9206

    3 ай бұрын

    @@BayshoreBullion small population I guess and not much of a culture of it.

  • @AnotherWisenedOne
    @AnotherWisenedOne3 ай бұрын

    The most important things to take into consideration are 1) don't buy big slabs of silver, or gold. Even if the fiat paper still had any perceived purchasing power left in it, you wouldn't keep only 100 dollar bills, because how would you break it down into smaller units? There is a REASON why we have different sizes and values of coins and bills. 2) When TSHTF, just how much stuff are you going to be able to buy? 3) It is folly to think that you can accurately compare the perceived purchasing power of worthless fiat paper (or electronic bookkeeping entries while they're still accessible while we have electricity) to PMs. Inflation is the increase in the cost of goods and services, due to a DECREASE in the PPP of a fiat currency. So when you see the cost of PMs going up, it's generally speaking NOT because those PMs are increasing in value, it is because the fiat paper and computer numbers have LESS PPP in them, so more and more are needed to maintain the balance between what is being bought and what is given in exchange for it. The old saying "Worth its weight in gold" was used when spices and salt were used to preserve foods before we had refrigeration, because the amount of Human labor needed to collect an ounce of spices was about the same amount of labor as getting an ounce of gold! They were trading labor for labor!

  • @jimcatanzaro7808
    @jimcatanzaro78083 ай бұрын

    I buy weight if it’s sterling to 99.9 -35 percent a wide range is better then no range I try to get the cheapest price around especially sterling you can get 3 Troy ounces for 40-50 bucks and I then refine it and make 1 ounce bars or rounds

  • @vandalorian8777
    @vandalorian87775 ай бұрын

    If you can get silver for free or cheap than take it but I price of silver hasn’t gone anywhere in almost 20 years

  • @anthonydinuzzo6407

    @anthonydinuzzo6407

    4 ай бұрын

    silver was $5.00 an ounce 20 years ago... WTF are you smoking?

  • @PreciousMetalsInvesting-gx8kn
    @PreciousMetalsInvesting-gx8kn3 ай бұрын

    ironcally they'll tell you to buy the cheap stuff to get as close to spot..then tell you not to buy the cheap stuff because you may not find a buyer lol. Making me dizzy.

  • @BayshoreBullion

    @BayshoreBullion

    3 ай бұрын

    Secondary market stuff you can buy cheapest. But when you sell it back you’ll get the lowest because they are out of package and tarnished. Not that hard to understand.

  • @PreciousMetalsInvesting-gx8kn

    @PreciousMetalsInvesting-gx8kn

    3 ай бұрын

    @@BayshoreBullion lmfao...I have no fkn problem getting spot plus a buck for pretty much any shit bar or round I take to my LCS. you selling at pawn shops or what, son? not that hard to understand lmao

  • @paultaylor8396
    @paultaylor83967 ай бұрын

    Hey, Thank you for your channel. Always love to get new content on silver. You you provide the phone number of the business in the video? I’m interested in buying some of the blemished silver he has. Keep up the good work

  • @BayshoreBullion

    @BayshoreBullion

    7 ай бұрын

    I put them on the site as secondary market bars. They sold out the next day. Spot plus .99 cents.

  • @michaeld2716
    @michaeld27165 ай бұрын

    My question on currency. If a government makes a decision, stating that their silver cannot be melted down, does that leave silver from being used industrially, and what happens to that coin/bar?

  • @laurencerilling5873

    @laurencerilling5873

    2 ай бұрын

    If your government tells you what you can do with your Silver, you better already have armed yourself

  • @dancastle4394
    @dancastle4394Ай бұрын

    Silver is silver most stackers aren't that picky

  • @kangaroosolid6115
    @kangaroosolid61153 ай бұрын

    Hi, Do you ship to the uk? I'd buy your Apmex bar and JM bar they're cool, love your videos too

  • @EmpirePreciousMetals

    @EmpirePreciousMetals

    3 ай бұрын

    I don’t ship to the UK right now.

  • @ceectheseraph
    @ceectheseraph5 ай бұрын

    thats some beautiful looking silver!!!!

  • @brandonmusser3119
    @brandonmusser31197 ай бұрын

    Okay now I know I can get tarnished silver for cheaper I'll go for that from now on cuz I ain't after it for the look after it for the price

  • @brandonmusser3119

    @brandonmusser3119

    7 ай бұрын

    And I'm not going to pay more for better looking silver is silver is silver it don't matter if it's shiny or not

  • @samgarviso5288
    @samgarviso52885 ай бұрын

    Silver is not worth the hassle spot + some ridiculous premium when you purchase and melt prices when you sell 😢.prices haven’t gone up significantly in years,and if the tshf , no one is a going to take silver over a loaf of bread.

  • @joeparise591
    @joeparise5916 ай бұрын

    Engelhard is my favorite to collect

  • @ehrenkrause9861
    @ehrenkrause98617 ай бұрын

    Yep metal dealers are not contractors leave the power tools to the professionals😂 8:34

  • @coincollectingfun
    @coincollectingfun7 ай бұрын

    Big like number 593! Excellent video and thank you so much for sharing!

  • @EmpirePreciousMetals

    @EmpirePreciousMetals

    7 ай бұрын

    Thanks for the visit

  • @JohnDoe-cf8jz
    @JohnDoe-cf8jz7 ай бұрын

    Cool dude, enjoyed this :)

  • @EmpirePreciousMetals

    @EmpirePreciousMetals

    7 ай бұрын

    Thanks for the visit

  • @pank524
    @pank5246 ай бұрын

    Less than $10,000 not that big of money I love it he can just let me have it then

  • @TobaccoRowe1960
    @TobaccoRowe19605 ай бұрын

    I need some of those spoons to complete my Silverware Set. I'm voting for the Monarch Mint Bars. So for Christmas Presents I bought (7) 1oz Ultra Cameo Coca Cola Rounds, with plastic capsules and drawstring wedding bags, for my kids and grandkids and one for me to. $35 each with Drawstring Bag and Plastic Capsule, free shipping. Man I hope I bought the right stuff, they sure look cool! When I took these Coca Cola rounds out of the APMEX plastic bags, they went straight into the capsules and the capsules went straight into the drawstring bag. I did not touch the coin or the capsule : )

  • @DrSchor

    @DrSchor

    5 ай бұрын

    help us new guys : is hoping you did the right thing a good plan, or did you just pay a lot extra for looking cool?

  • @Macky1101

    @Macky1101

    4 ай бұрын

    What silverware set are you trying to completed?

  • @TobaccoRowe1960

    @TobaccoRowe1960

    4 ай бұрын

    Reed & Barton or something similar. I need a dinner fork next.@@Macky1101

  • @madess4844
    @madess48447 ай бұрын

    I buy 1 oz silver from a bank in canada monthly thats all i can buy am i doing a good thing or do you have a suggestion

  • @BayshoreBullion

    @BayshoreBullion

    7 ай бұрын

    If you are buying from a legit bank I'm sure your silver is fine but I would always check to see if any reputable companies in Canada offer it cheaper.

  • @go4it129
    @go4it1297 ай бұрын

    I like the 10 oz Italpreziosi

  • @JimWemm-ql1ge
    @JimWemm-ql1ge7 ай бұрын

    Thank you gentlemen. 🍻

  • @Silverado_UK
    @Silverado_UK6 ай бұрын

    Whaaat? But you have had videos previously saying gods of Olympus is a winner! I am confused🤷‍♂️

  • @ninjatvlv6101
    @ninjatvlv61016 ай бұрын

    i buy what is a good deal but theres times i wanna dabble into something neat or for an occasion like a gift or somethin. like atm if i could get a tube of sunshine mint eagles or walkers on a deal then thats what im going for. remember getting the morgans a while ago and they look nice. as for bars. every time i order a random 10 oz from sdb i get the same bar. like its cool to have bars but theres times i wanna get somethin different. though when it comes to keeping the bars. im one of the few i see that keeps em in their sealed plastic. recently i went for the 3 tudor beasts i dont have and im happy on those. though im debating selling the extra lion i have if i get a decent offer or trade it at a show.

  • @shayjenkins6641
    @shayjenkins66414 ай бұрын

    Don't buy silver and try to get a fast flip. You might as well go to the casino. This is for stacking and holding over time.

  • @EmpirePreciousMetals

    @EmpirePreciousMetals

    4 ай бұрын

    Incorrect. You can do both dude. Online dealers, coin shops, online retailers and so on “fast flip”. I’ve been a dealer for 4 years now and have done well with it. Meanwhile, I also stack, so…..

  • @mrtwister9002
    @mrtwister90022 ай бұрын

    he should of held onto that box for 5 months. Silver is 27+ an oz now.

  • @EmpirePreciousMetals

    @EmpirePreciousMetals

    2 ай бұрын

    Can’t bud. You can’t tie up money like that as a dealer.

  • @TimothyWhittingtonYeOldeRufus
    @TimothyWhittingtonYeOldeRufus6 ай бұрын

    Thanks

  • @FranyieTravel
    @FranyieTravel13 күн бұрын

    Usually I avoid all silver 😂

  • @daniel51404
    @daniel514047 ай бұрын

    All silver is secondary market the minute it leaves the mint if people don't want to buy it that's their problem.

  • @YRandomVideosY

    @YRandomVideosY

    3 ай бұрын

    Could you elaborate?

  • @fatgandalf9451
    @fatgandalf94517 ай бұрын

    With such a low margin and the volatility of the pms market, why do it? Why try to sell pms retail? How are you keeping lights on?

  • @BayshoreBullion

    @BayshoreBullion

    7 ай бұрын

    Very little is sold retail. I mostly deal with wholesalers. Dealer to dealer transactions. All low margin but very high volume.

  • @robertwakefield7677
    @robertwakefield76775 ай бұрын

    I didn't hear which coins to avoid

  • @DrSchor

    @DrSchor

    5 ай бұрын

    i pty the fools that are tricked by click bait

  • @mikepotter4141
    @mikepotter41415 ай бұрын

    Most numismatic coins are worth the hassle to me. Bullion is a long game that can go somewhere or get ran down more. Rare coins remain the real precious.

  • @DrSchor

    @DrSchor

    5 ай бұрын

    run

  • @jeffmoss118
    @jeffmoss1182 ай бұрын

    Just buy ASE’s they’re always in high demand and good premiums can be found

  • @h2o100c

    @h2o100c

    Ай бұрын

    What’s “ase” ?

  • @noelroman7390
    @noelroman73907 ай бұрын

    What exactly does this guy do? Is he a wholesaler? Who is his target market? Does he sell to the everyday consumer? I see his shop is in NJ. I'm in NJ also. I'd love to come down and check his stuff out. Seems he knows his stuff.

  • @BayshoreBullion

    @BayshoreBullion

    7 ай бұрын

    I'm a wholesaler. I buy from businesses, jewelers, coins stores. I sell to the public on my website. It's taxable to the public in NJ but I always have stuff available for sale.

  • @noelroman7390

    @noelroman7390

    7 ай бұрын

    @@BayshoreBullion Cool! Love the vids very interesting.

  • @PreciousMetalsInvesting-gx8kn
    @PreciousMetalsInvesting-gx8kn3 ай бұрын

    how is a provident metals bar secondary market by default? Its literally made for them

  • @BayshoreBullion

    @BayshoreBullion

    3 ай бұрын

    Secondary market is anything out of original package, tarnished, scratched up. Nothing to do with the brand.

  • @PreciousMetalsInvesting-gx8kn

    @PreciousMetalsInvesting-gx8kn

    3 ай бұрын

    @@BayshoreBullion 'secondary' market is anything that isnt brand fkn new from a mint/company that hasnt been owned by any other private owner. By your idiocy, if I buy a gun from someone who bought it from someone else but never took it out of the box its still 'new' even though it had two fkn owners already, lmao

  • @trumpsagenius6914
    @trumpsagenius69146 ай бұрын

    Most places sell it for 5 dollars over spot

  • @claytonevans5721
    @claytonevans57217 ай бұрын

    Should have some copper and titanium to add to your stack

  • @mudvayne2311

    @mudvayne2311

    7 ай бұрын

    Copper isn't worth stacking

  • @claytonevans5721

    @claytonevans5721

    7 ай бұрын

    @@mudvayne2311 Depends on how much you buy , if that's the case why are people stealing copper piping ?

  • @SpiKSpaN-ei6zq

    @SpiKSpaN-ei6zq

    6 ай бұрын

    ​@@claytonevans5721to flip for more meth. It's too common to be worth anything substantial

  • @VeteranStacker
    @VeteranStacker7 ай бұрын

    Buy what you like just avoid selling to dealers like this guy. Wholesale is a way to buy in bulk from other dealers to help them move bulk. These guys pay you less than wholesale because they can.

  • @BayshoreBullion

    @BayshoreBullion

    7 ай бұрын

    You couldn’t sell to me. You’d need a wholesale tax ID number.

  • @VeteranStacker

    @VeteranStacker

    7 ай бұрын

    @@BayshoreBullion I wasn’t just talking about you. I’m talking about everybody in your supply chain. Your business is stealing from my community just to make a quick buck off people who have saved these collections for lifetimes. Everyone please buy what they have but never sell to someone who tells you that they have to pay you very little because they can get it wholesale cheaper. Let them buy from each other while they can.

  • @chris7brook

    @chris7brook

    7 ай бұрын

    ​​@@BayshoreBullion#EndTheIRS☠️☠️☠️💸💸💸

  • @BayshoreBullion

    @BayshoreBullion

    7 ай бұрын

    @@VeteranStacker If thats what your issue is why dont you save up enough money and buy big lots like this yourself and you can do whatever you want with them.

  • @BlaubartMT

    @BlaubartMT

    7 ай бұрын

    @@VeteranStacker There are a lot of dealer-dealer type transactions going on behind the scenes. Chances are very good that this guy buys from dealers at a slightly higher price than the dealer buys from the customer. One good way customers can get good prices is if they can find another customer looking to buy what they're selling. i.e. Eliminate the middle man. Around here, dealers will buy American Silver Eagles at spot and sell them for $5 over spot. If they buy a large lot of them, they might sell some to another dealer at $1-2 over spot for a quick, but smaller profit with less risk. Regardless of what happens after that dealer buys the ASE from the customer, the customer still only got spot from the dealer.

  • @billyguadarrama5139
    @billyguadarrama5139Ай бұрын

    Are you recommending we buy secondary market silver?

  • @EmpirePreciousMetals

    @EmpirePreciousMetals

    Ай бұрын

    It's up to you. It's less desirable but also cheaper. Do you want to pay less now but also sell for less down the road? You have to answer that question.

  • @billyguadarrama5139

    @billyguadarrama5139

    Ай бұрын

    @@EmpirePreciousMetals Thank you for the reply and the clarification for myself and anyone else looking at investing in the 2ndary Market 👏👏

  • @kentuckybluegrass8695
    @kentuckybluegrass869514 күн бұрын

    Weight is weight.

  • @gonefishing3644
    @gonefishing36446 ай бұрын

    I would never pay extra for a bullion silver item's "collectible" value or rarity. I care only about metal purity and weight and consider every coin or bar to be scrap to either use in trades or for making jewelry. If the time ever comes when fiat money or debit cards are no longer accepted in transactions, I would prefer to use Canadian maple leaf coins because they have an accepted value, are easily recognized, easy to hide in a pocket and the individual coins are the right size for small transactions. I also like junk silver U.S. 25-cent pieces minted in 1964 and earlier for the same reasons. But if there is ever a currency collapse, I will depend upon my firearms, long-term food storage and other preps for survival and use my silver coins to buy specialty services such as dental care. I could trade a junk quarter for a pint of local honey or a loaf of homemade bread just to help out a neighbor. Or I would trade a couple of my Canadian coins for a dental exam and cleaning or five Canadian coins for a new filling if this included imaging and local anesthesia. I doubt I will ever trade any of my food or ammo for specialty services. If everyone is suddenly broke, I suspect the federal, state, country and city governments will be unable to collect taxes or pay their tax department employees, so I am not going to worry about how to pay property taxes, sales taxes and vehicle registration renewals after a theorized currency collapse. I also suspect that property values and vehicle values will plummet when buyers can no longer borrow cash or get credit or make their payments and a lot of people are suddenly out of work -- so taxes on these things should drop a lot too -- if it were even possible to collect taxes. I could always use my torch and metal working tools to turn a coin into a wedding ring for someone and trade this for their labor/skills. I expect there will always be some people who want to get married for love or to unite two families, so wedding rings could be best sellers in a post-currency world. Silver pendants, beads and earrings (all made from coins) would probably still be popular -- just like they were in ancient times when there were no banks and married women wore the portable family wealth. Coins can be soldered onto bales and used as pendants or charms to be threaded onto twine for necklaces or sewn onto garments like you can still see with Bedouin tribes or in the back country of Afghanistan. History gives us plenty of examples of daily life without minted coins or paper fiat money.