Cant sell a one ounce gold coin for $20

Discussion in 'Front Porch Chat' started by JAC, Dec 29, 2018.

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  1. Dec 29, 2018 #1

    JAC

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    Mark Dice tries to sell a one ounce gold coin in front of a coin shop in California for $20.00



     
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  2. Dec 29, 2018 #2

    Patchouli

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    My gersh. They need to save money for buying pot. "...zombies on the street."
    Ok, I'm not a total idiot but at least I know a steal when I see one.
     
  3. Dec 29, 2018 #3

    JAC

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    Im surprised that someone didnt just run away with his coin when he hands it to them to hold. He does look a bit spooked to let them hold it.
     
  4. Dec 29, 2018 #4

    Patchouli

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    Most people didn't have $10-$20 on them; one valued her lipstick more, one valued her $.39 water, and most said they didn't need it.
    It is in the favor of a small minority of people but I am truly amazed that no one he asked knew the market.
     
  5. Dec 29, 2018 #5

    Weedygarden

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    I would buy it, but you probably wouldn't find me walking down the street there.
     
  6. Dec 29, 2018 #6

    JAC

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    I'm pretty sure that if someone wanted to buy that he wouldn't sell.
     
  7. Dec 29, 2018 #7

    Patchouli

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    His confidence in their not knowing is that high?
     
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  8. Dec 29, 2018 #8

    VThillman

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    I don't know how to check the "goldness" of a coin by biting it, so I'd have to pass.
     
  9. Dec 29, 2018 #9

    JAC

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    The weight should give it away and it would be worth 20 to take a chance after holding it. Besides the coin shop was right there!
     
  10. Dec 29, 2018 #10

    backlash

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    If something is to good to be true then it probably isn't true.
    It's easy to sit here and say of course I would have bought it, but in reality I would figure it was a scam and walked away.
    After all who but a crook would sell an ounce of gold for $20.
     
  11. Dec 30, 2018 #11

    JAC

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    I would think that someone who knew the value of an ounce of gold would mention it outright. I know I would say something like...if that really is gold you know it is worth a lot more than $20. Who knows how many people did that and ended up on the cutting room floor. I really enjoy Mark Dice videos. Most of them show how stupid so many people really are. Especially the ones that have to do with a person's rights or American history. The 4th of july video is amazing. Considering that it is California I guess it really isnt surprising that people there don't know why we celebrate the 4th of July.

     
  12. Dec 30, 2018 #12

    JAC

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    Millennials vs Senior citizens

     
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  13. Dec 30, 2018 #13

    dademoss

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    Those of us who have watched his videos will have a different response than the "unaware" :)
     
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  14. Jan 2, 2019 #14

    The Lazy L

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    I agree.

    Put something of value out by the curb with a "Free" sign on it and it will lay there for eternity. Replace the "Free" sign with "For Sale" and it will be stolen within a week.
     
  15. Jan 2, 2019 #15

    JAC

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    Price point is a funny thing. I have priced items for sale too low and watched them sit there week after week and not sell. I pull them off the market for a month them put them back on the market at twice the price it was and they sell right away.
     
  16. Jan 2, 2019 #16

    CrackbottomLouis

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    I wouldnt buy it. In front of a coin shop? Id ask myself, if it was real why cant he sell it in the coin shop? Why would he sell me something worth 1200 for 20? I'd assume either stolen or fake. Neither of which I want anything to do with. Now anyone on here want to sell me 1 oz gold coins for $20 I'm buying :). Shoot, I'll even give you double.
     
  17. Jan 2, 2019 #17

    JAC

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    Last edited: Jan 2, 2019
  18. Jan 2, 2019 #18

    Terri9630

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    Before we lost the peach tree..... We had a year where there were so many peaches that branches were breaking. We took a bunch to the farmers market and priced them at 5 for $1. We gave away a few for tasting and sold 5. The guy next to us told us to sell them for $.50 each and we sold most of them. Just don't understand it. I gave away tons of them to friends.
     
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