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oliversw5
Reputation Activity
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oliversw5 got a reaction from Micky9776 in Today I Received.....
Ok, Ill be the first to admit it. I am turning into a hater
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oliversw5 got a reaction from Bullionbilly in Today I Received.....
Ok, Ill be the first to admit it. I am turning into a hater
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oliversw5 got a reaction from PolarPanda in Today I Received.....
Ok, Ill be the first to admit it. I am turning into a hater
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oliversw5 got a reaction from TheGoldSovereign in Today I Received.....
Ok, Ill be the first to admit it. I am turning into a hater
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oliversw5 got a reaction from westminstrel in Today I Received.....
Ok, Ill be the first to admit it. I am turning into a hater
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oliversw5 got a reaction from shawy2510 in Today I Received.....
Ok, Ill be the first to admit it. I am turning into a hater
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oliversw5 reacted to Shinus73 in Rhodium is on Fire - what’s up
Rhodium is on Fire - what’s up?
It must have reached its relative self-igntion temperature of approximately 180oC (sorry).
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oliversw5 got a reaction from 8phwt in Today I bought.....
I actually want to add to that. Most people don't understand the psychology of buying and selling. There will be situations where you are a price taker and situations where you are a price giver. You want to be the latter when you come to sell. There are many methods you can use, I won't go into it too much because one day Ill put it into a book and sell my knowledge (thats what everyone else seems to do). I will give a scenario though, if you own high end coins if you go to an auction you are a price taker and its luck of the draw. If you have the network and you know your friends and other collectors you can become a price giver. People do business with their friends and as long as the price is fair you can dictate more, by doing this you make money by your knowledge and your skill set. Ill offer another example, if you have just pure bullion you are a price taker, there will be a market equilibrium (thats changes everyday) and you want to make sure you are under the curve when buying so that there is room to sell and make money. The higher your skill level the more potential money you can make.
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oliversw5 reacted to Pampfan in Today I Received.....
Just in - newly released pamp suisse 2018 year of the dog in 100gm, 1 ounce, and 10 gram - low serial #’s as well
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oliversw5 reacted to Mariner1961 in Today I bought.....
Just received a bespoke walnut box for my T.I.M.E. series of 1oz silver rounds. Very happy with it.
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oliversw5 got a reaction from Pipers in Today I bought.....
I actually want to add to that. Most people don't understand the psychology of buying and selling. There will be situations where you are a price taker and situations where you are a price giver. You want to be the latter when you come to sell. There are many methods you can use, I won't go into it too much because one day Ill put it into a book and sell my knowledge (thats what everyone else seems to do). I will give a scenario though, if you own high end coins if you go to an auction you are a price taker and its luck of the draw. If you have the network and you know your friends and other collectors you can become a price giver. People do business with their friends and as long as the price is fair you can dictate more, by doing this you make money by your knowledge and your skill set. Ill offer another example, if you have just pure bullion you are a price taker, there will be a market equilibrium (thats changes everyday) and you want to make sure you are under the curve when buying so that there is room to sell and make money. The higher your skill level the more potential money you can make.
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oliversw5 got a reaction from Pampfan in Today I bought.....
I think I will stop then, my stack doesnt include other stuff Ive acquired. For example I have the first 4 years of the silver kiwi coins and Ive seen some of them go for 400 euros. I get frustrated with the argument of one or the other, any one who knows me knows that I am really passionate about collecting and buying and selling. I also get very frustrated with the argument that you can only sell at spot, its rubbish but many try to pedal it! Silver gives you a lot of options, if I buy bullion I try and buy from th cheapest source in quantity to sell on for a small profit, I also use my network to source stuff for people, I also can find 'pockets' of backdated coins that small dealers have hoarded and I can get the price I need by snapping them up. If I rock up to Apmex they will laugh at m, if I contact a small dealer and put 2k on the table they will sit down and talk. This is the lower end of the market which is more liquid, the higher end of the market is less liquid and its about finding the right customer for your items. Its a knowledge based game and your skill set should dictate what you buy (for when you sell).
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oliversw5 reacted to reidpj in Today I bought.....
Buy bullion silver to pay my builder with. Stack gold, any gold - don't care where it's from; in fact, to tell the truth, I'm a complete slut when it comes to (cheap) gold ?
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oliversw5 got a reaction from vand in Today I bought.....
I stack and collect. So yes.
They have different strategies but I aim to have 2500 governmental coins by April.
** Also a lot of people who buy from me buy purely just governmental coins. Some by the coin some by the tube.
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oliversw5 reacted to Oldun in Today I bought.....
Might be a good idea to start a new thread on bullion vs graded - the merits and demerits. It'd be a cracking thread I reckon.
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oliversw5 got a reaction from Pampfan in Silver Monitoring Thread £ (GBP) only.
I put a long on silver when n Korea dropped the bomb, cashed out 4 days later. Saying that I got lucky and paper trading is not for me, I'll stick with using my account to hedge rather than speculation.
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oliversw5 reacted to TheGoldSovereign in Today I Received.....
Five (Quintuple) Sovereigns, 1902 + 1887 !
excuse the pictures, handheld macro and bit blurry
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oliversw5 reacted to mondy41 in Today I Received.....
No so sure Shaun - you can put lipstick on a pig but it's still a pig
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oliversw5 reacted to mr-dead in Today I bought.....
I have sole access to a extremely large and secure safe at a work location also covered with CCTV, intruder alarm, panic buttons + there is a police station no more than a 5 minute walk away.
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oliversw5 reacted to ifing in Today I Received.....
Why would you use him again on ebay? Would it not be better to pm him here if you see something he has that you want. No need to support the greedy bunch ebay/paypal if it is not necessary, right?