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Thread: Selling gold coins on craigslist

  1. #1

    Default Selling gold coins on craigslist

    Anyone ever do it? How did it go for you? I have a few ounces I want to liquidate and am leaning towards CL but I'm worried about being ripped off/robbed. What's the best plan to ensure general safety when making a large cash transaction with a stranger?
    "No matter how noble you try to make it, your good intentions will not compensate for the mistakes that people make; that want to run our lives and run the economy, and reject the principles of private property and making up our own decisions for ourselves." - Ron Paul



  • #2

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    Quote Originally Posted by brandon View Post
    Anyone ever do it? How did it go for you? I have a few ounces I want to liquidate and am leaning towards CL but I'm worried about being ripped off/robbed. What's the best plan to ensure general safety when making a large cash transaction with a stranger?
    Public location, maybe keep the coins in a bank deposit box for the transaction if you have one? Either that or you could come over to my house. I happen to have cash and a gun and could rob you of your hard earned gold.

  • #3

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    Quote Originally Posted by brandon View Post
    Anyone ever do it? How did it go for you? I have a few ounces I want to liquidate and am leaning towards CL but I'm worried about being ripped off/robbed. What's the best plan to ensure general safety when making a large cash transaction with a stranger?
    Do the transaction at your bank. Most of them have lobbies and seating even.

  • #4

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    Or you could meet at a jewelry store where they can check the bullion/coins for weight and content.

    Andtake a friend.

  • #5

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    put them on ebay , you will get what they are worth .

  • #6

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    Good recommendations in the replies for dealing with selling on CL. Ebay is another option.
    There are a lot of folks trading cash for precious metals there. If you don't mind transacting
    your business through Paypal, you could easily dispose of your gold there.

  • #7

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    Thanks for the suggestions. Doing the transaction in the bank seems pretty solid as long as the bank employees are cool with it.


    I've considered ebay but I'm worried the ebay fee and paypal fee will take a huge chunk of my profit. What are their rates nowadays?
    "No matter how noble you try to make it, your good intentions will not compensate for the mistakes that people make; that want to run our lives and run the economy, and reject the principles of private property and making up our own decisions for ourselves." - Ron Paul

  • #8

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    Bring a few homies with guns.

  • #9

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    Quote Originally Posted by TheBlackPeterSchiff View Post
    Bring a few homies with guns.
    LOL. Seriously it does remind me of a decade ago when I was buying/selling weed in volume. I got took for 3k one time by a stupid decision to trust a guy I just met through a friend of a friend, and I guess I still have some paranoia lingering from that. If only I cashed in all my weed money for gold back then when it was 275 an ounce...I'd be a made man.
    Last edited by brandon; 09-12-2012 at 08:24 PM.
    "No matter how noble you try to make it, your good intentions will not compensate for the mistakes that people make; that want to run our lives and run the economy, and reject the principles of private property and making up our own decisions for ourselves." - Ron Paul

  • #10

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    Quote Originally Posted by ILUVRP View Post
    put them on ebay , you will get what they are worth .
    No fucking way.

    Evilbay is...well...evil.

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