Why THIS Dealer HATES Silver And Gold PRE-SALES! | The Exchange Podcast | Ep. 17

Why THIS Dealer HATES Silver And Gold PRE-SALES discusses silver and gold pre-sales and whether or not dealers, companies, and buyers should participate in them. During this podcast, Andrew and Matt discuss the pros and cons of presales. Some people believe you must have the product in hand prior to selling it, while other dealers and companies participate in sales before the items arrive. You can get burned in participating in these sales, but you can also stand to make substantial money.
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#silver #preciousmetals #gold

Пікірлер: 64

  • @LizaJane84
    @LizaJane843 ай бұрын

    Would love for Andrew to have the opportunity to talk more. I'm sure he has great information. Andrew I love how you do business!!!

  • @EmpirePreciousMetals

    @EmpirePreciousMetals

    3 ай бұрын

    I’d love for Andrew to talk more, too. But he will just sit there unless I prod him with questions and don’t fill the space.

  • @zdawg7887
    @zdawg78873 ай бұрын

    I really love and appreciate Andrew’s take on these videos. You can definitely tell that there is a difference in business between stormy and Andrew, Andrew is more of the “cut and dry how do I offload this” perspective while stony is about the “deals and potential flips on collectibles in the trending market”. Both focus on gains in their buys, but completely different markets. These vids are probably my favorite when it comes to precious metals. Always entertaining and informative. Side note: maybe lighten up just a tiny bit, sometimes you come across a bit aggressive. You both have very different markets, for the most part. Anywho thanks a lot keep posting.

  • @BayshoreBullion

    @BayshoreBullion

    3 ай бұрын

    Thanks for watching

  • @EmpirePreciousMetals

    @EmpirePreciousMetals

    3 ай бұрын

    Who comes across aggressive, me or Andrew? 😰

  • @zdawg7887

    @zdawg7887

    3 ай бұрын

    @@EmpirePreciousMetals sometimes it seems like you do lol. I could be wrong though 😅

  • @cheaplaughkennedy2318
    @cheaplaughkennedy23183 ай бұрын

    😂 The intro alone was great 😂 and by the way - who are you two 😂

  • @BayshoreBullion

    @BayshoreBullion

    3 ай бұрын

    😂

  • @stevewoods7299
    @stevewoods72993 ай бұрын

    22 min in. I kind of work in this area. The pre-sale money in my humble opinion should all be held in a separate account that has the word trust in it. Even if it is you that moves the money. Because I can understand how it would be to confusing to have more than one deposit account.

  • @EmpirePreciousMetals

    @EmpirePreciousMetals

    3 ай бұрын

    👍🏻

  • @robp9993
    @robp99933 ай бұрын

    Some dealers use pre-sales as a free look at the after market, and then cancel the order and refund if they think they can profit. Been burned a couple of times.

  • @EmpirePreciousMetals

    @EmpirePreciousMetals

    3 ай бұрын

    Weird. I take orders and money up front from my customers- place the order with the wholesalers, pocket the difference. Easy peasey.

  • @kilroywashere71
    @kilroywashere713 ай бұрын

    Matt, you gonna take that shade that Andrew just threw your way…”social media”, “smaller”…man, cage fight for your honor man. 😅😂🤣. All kidding aside, as long as I trust the seller, I don’t mind doing pre-sales, and actually do make quite a few purchases on pre-sales. Love both of you guys, and have made purchases from both of you. Keep up the great videos and the great work!

  • @BayshoreBullion

    @BayshoreBullion

    3 ай бұрын

    Cage fight 😂 I’m sure that would get a lot of views.

  • @EmpirePreciousMetals

    @EmpirePreciousMetals

    3 ай бұрын

    😰

  • @montanastacker
    @montanastacker3 ай бұрын

    Andrew Makes Me Laugh! 😆 Great Show Guys!

  • @amarineae
    @amarineae3 ай бұрын

    Stormy, Step into the chain side. Today is the day. Something small. You'll keep it in back the drawer pull it out time to time. No Cuban no rope. I see class like herringbone or a tiny paperclip style haha. Thanks yall

  • @GenXcollectible
    @GenXcollectible3 ай бұрын

    Buy and collect what you like, but as mentioned previously , have an exit strategy! Much easier for me to sell pre33 gold at a minimum break even, normally small profit. Compared to semi numismatic silver pieces all day long. Now there are exceptions, but overall I like my odds on pre33 selling quicker at a good price.

  • @BayshoreBullion

    @BayshoreBullion

    3 ай бұрын

    Pre33 always a good investment.

  • @michaelporter5679
    @michaelporter56793 ай бұрын

    I am following what you are saying stormy.👍 I am a Collector/Stacker

  • @AnxiousStacker
    @AnxiousStacker3 ай бұрын

    Good points on both ends. I got last years Narco Libertad with only 100 minted. I'm waiting for the 2023 to be invoiced next month. Im getting it for $87 and already have it called for for $129. Not bad, I just wish I had BIN'd more than the 1 because there's already listings for them on eBay at $144 and 155 but once I went back to BIN more they were already sold out. This one only has 500 minted and it's pretty damn cool. I just wish I was able to get at least two so I could keep one myself but what I really would wish for is that I could've pulled enough cash together to pay off mine completely and make a profit but I'm on a fairly limited income so my margins are tight but I'm dedicated and always willing to sit on a piece of needed. The risk for me is getting attached to piece and wanting to keep it but I'm a man of my word so the ones I've promised out are going out.

  • @kingglizzer
    @kingglizzer3 ай бұрын

    I appreciate your videos, and look forward to them. I agree with Andrew about people. It's dumb social media, and sometimes reading through comments I wonder if people even watched the video.

  • @BayshoreBullion

    @BayshoreBullion

    3 ай бұрын

    Some people comment the dumbest things. They def don’t watch the videos all the way through.

  • @briankerr4512
    @briankerr45123 ай бұрын

    It is good to get a glimpse at how you guys sell silver. I think the pre sale is a good idea for collectibles why not ? I pre buy all METRIC cd's.

  • @johnyaniuk1254
    @johnyaniuk12543 ай бұрын

    I like these Sit Downs. 👍

  • @BayshoreBullion

    @BayshoreBullion

    3 ай бұрын

    Thanks for watching

  • @billguerra1304
    @billguerra13043 ай бұрын

    I'm not gonna lie. I didn't know Stormy's first name until this episode.... Thanks for the introduction!

  • @BayshoreBullion

    @BayshoreBullion

    3 ай бұрын

    Stormy aka Matt

  • @mykittenisagrandmaster4381
    @mykittenisagrandmaster43813 ай бұрын

    I don't mind pre sales as long as it's not months in advance

  • @christopherallendunk
    @christopherallendunk3 ай бұрын

    You ain't gotta go mr.T 😂 just get you a chain 😂 ❤

  • @bretdustyjesusmavrick6410
    @bretdustyjesusmavrick64103 ай бұрын

    EMPIRES DISCORD RULES

  • @jnap8553
    @jnap85533 ай бұрын

    "No, gimme the kilo..." "But it's collectable." "KILO!"

  • @stevewoods7299
    @stevewoods72993 ай бұрын

    10 min in and he mentions a Cuban. Every time he does this and I think it's some kind of ball cage. Or something dirty. I know it's not. Haha.

  • @stackboy4691
    @stackboy46913 ай бұрын

    If it's a must buy😊

  • @Richmart1955
    @Richmart19553 ай бұрын

    ❤ Always entertaining

  • @BayshoreBullion

    @BayshoreBullion

    3 ай бұрын

    Thanks for watching

  • @StarStacker-hf3iz
    @StarStacker-hf3iz3 ай бұрын

    I like ANDREW OF BAYSHORE his old school approach. I also like MATT OF EMPIRE approach. Two different approaches but achieving their goals.

  • @gmoney3116
    @gmoney31163 ай бұрын

    MATT !! Please buy that chain it’s an essential for every Man. You deserve it that’s something no government can ever take from you. Jewelry exempt invest in solid 14k or 18k “Plum” higher karat maybe Cuban link Buy that CHAIN Andrew will get you that family price 🤝💯🫡⛓️

  • @EmpirePreciousMetals

    @EmpirePreciousMetals

    3 ай бұрын

    I did 😉. Been wearing it for 2 or 3 weeks now.

  • @GhostDiZ
    @GhostDiZ3 ай бұрын

    Yo you guys are hilarious so entertaining specially after I burn one

  • @BayshoreBullion

    @BayshoreBullion

    3 ай бұрын

    😂

  • @kingsilver638
    @kingsilver6383 ай бұрын

    Who would buy a gold chain to put around their neck that I don't understand That's like look at me Don't wear jewelry don't want jewelry but I'll take the gold and silver

  • @BayshoreBullion

    @BayshoreBullion

    3 ай бұрын

    Literally billions of people all over the world wear jewelry.

  • @EmpirePreciousMetals

    @EmpirePreciousMetals

    3 ай бұрын

    🤔

  • @jasonandjulim4163
    @jasonandjulim41633 ай бұрын

    Pre-sale Sux. Some online dealers also appear to mix up their In-stock and Pre-sale items, and will delay shipping the in stock items, and when you complain they still treat it like its a pre-sale item.

  • @BayshoreBullion

    @BayshoreBullion

    3 ай бұрын

    Yeah I’m def not a fan of Pre-Sales

  • @EmpirePreciousMetals

    @EmpirePreciousMetals

    3 ай бұрын

    Sounds like you need to work with different online dealers.

  • @jasonandjulim4163

    @jasonandjulim4163

    3 ай бұрын

    @@EmpirePreciousMetals Hah! You are two are like Archie and Edith. 🤑

  • @albertj2459

    @albertj2459

    3 ай бұрын

    ​@EmpirePreciousMetals this is the case I'm having with APMEX right now. I ordered several different Year of the Dragon coins, but 1 of them was a pre-order. I made the order in Feb, with expected shipping in Mar, but got a recent email saying it's now delayed until Apr

  • @rzhunzhu1066
    @rzhunzhu10663 ай бұрын

    🤙🤙😁🤙🤙

  • @SilverDragons2
    @SilverDragons23 ай бұрын

    please never introduce yourself lol 🔥🐉

  • @EmpirePreciousMetals

    @EmpirePreciousMetals

    3 ай бұрын

    lol

  • @jamesonealbrown7227
    @jamesonealbrown72273 ай бұрын

    🌎🗿™️

  • @joshuajackson3736
    @joshuajackson37363 ай бұрын

    He’s trying his hardest, not to understand lol

  • @BayshoreBullion

    @BayshoreBullion

    3 ай бұрын

    😂

  • @dizzyd7820
    @dizzyd78203 ай бұрын

    Empire calm down your disagreeing too much now and doin too far off comparisons leaving him speechless

  • @EmpirePreciousMetals

    @EmpirePreciousMetals

    3 ай бұрын

    🤔

  • @natemr4482
    @natemr44823 ай бұрын

    Great podcast Andrew and Matt have a great week

  • @BayshoreBullion

    @BayshoreBullion

    3 ай бұрын

    Have a great week 💪🏻

  • @EmpirePreciousMetals

    @EmpirePreciousMetals

    3 ай бұрын

    Thanks! You too!

  • @bowlmeoverva
    @bowlmeoverva3 ай бұрын

    Death Star? 😂🤣😂

  • @BayshoreBullion

    @BayshoreBullion

    3 ай бұрын

    😂 never heard of it.

  • @bowlmeoverva

    @bowlmeoverva

    3 ай бұрын

    Amazing but funny none the less. I can Understand. @@BayshoreBullion