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WHERE CAN I SELL MY LIBERTY / NORFED SILVER ?

SimpleMan

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#1
I KNOW WE HAVE SOME NORFED GUYS ON HERE.
WHERE MIGHT ONE BE ABLE TO SELL A SMALL COLLECTION OF NORFED COINS?
I ASSUME AT THIS POINT THAT THEY ARE SELLING AT A PREMIUM, BUT IT HARD TO TELL AT WHAT, BEING THAT EBAY HAS STOPPED THERE SALES.
ANY ADVICE?
THANK YOU.
SIMPLEMAN
 

SimpleMan

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#3
THANK YOU BEMAC.
I WAS HOPING TO HEAR FROM SOME OF THE NORFED EXPERTS ON ITS WORTH OVER SPOT.
IF IT IS NOT WORTH MUCH OVER SPOT THEN I WILL JUST KEEP IT IN THE STASH, BUT IF IT ALLOWS ME TO BUY MORE SILVER, THEN I WOULD SELL IT TO FURTHER MY STASH.
I HAVE:
1/20
1/4
1/2
AND 1 0UNCE COINS.
 

Rcpb2000

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#7
Never gave him a price. I was asking how much he would be willing to sell them for.
 

southfork

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#9
Never gave him a price. I was asking how much he would be willing to sell them for.
I'd sell mine for 50 an ounce, at the summer fun show a dealer said he would buy all I found and I forgot to take mine to the recent show, he says he has multiple buyers for all he can get, guess I have to wait till July.
 

Rcpb2000

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#11
I'd sell mine for 50 an ounce, at the summer fun show a dealer said he would buy all I found and I forgot to take mine to the recent show, he says he has multiple buyers for all he can get, guess I have to wait till July.
Pm sent, I hope you haven't logged off!
 

SimpleMan

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#12
Sorry guys,
Shut the computer down improperly and it logged me out of all my accounts. I have had offers all over the board. I would be interested in selling at $50 an ounce for the 1/4 , 1/2, and 1 ounce rounds. The 1/20 ounce rounds seem to be selling for alot more than that. So make me an offer. I will get an inventory tonight. Thanks for your time. Mike
 

SimpleMan

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#13
Alright,
I have 10- 1/4 ounce rounds all 2006
10- 1/2 ounce rounds all 2005
3 - 1 ounce rounds 2-2006, 1-2003
10- 1/20 ounce rounds all 2003
Also have 1 Ron Paul 2008 Liberty Dollar (Make offer)
Thanks
Mike
 

Aurumag

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#15
Alright,
I have 10- 1/4 ounce rounds all 2006
10- 1/2 ounce rounds all 2005
3 - 1 ounce rounds 2-2006, 1-2003
10- 1/20 ounce rounds all 2003
Also have 1 Ron Paul 2008 Liberty Dollar (Make offer)
Thanks
Mike
I have a couple "counterfeit" NORFED Liberty Dollars I might consider exchanging for FRNs, and I am curious as to how much you have been offered thus far.

If you choose not to share that info, then so be it.
 

Solo

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#16
I have a couple "counterfeit" NORFED Liberty Dollars I might consider exchanging for FRNs, and I am curious as to how much you have been offered thus far.

If you choose not to share that info, then so be it.
I offered him the same rate I offered you fwiw ;). Honestly I should probably step up to the plate and spend a bit more to buy just one of each (as I'm sure I don't have any of his examples), however now that there is essentially no avenue to sell these (for more than melt) I'm a bit more cautious about buying them.
 

Aurumag

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#17
I offered him the same rate I offered you fwiw ;). Honestly I should probably step up to the plate and spend a bit more to buy just one of each (as I'm sure I don't have any of his examples), however now that there is essentially no avenue to sell these (for more than melt) I'm a bit more cautious about buying them.
Suffice it to say, given the fed.gov prosecutorial actions of late last year, not only am I more cautious in terms of selling, but also using PayPal, and even shipping via USPS.
 

SimpleMan

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#18
Aurumag,
I sold a few ounces at $50 per. I have had alot of interest. At this point I am just looking to add to my Silver stack...Actually I believe I bought some of my Liberty dollar silver and copper rounds from you back in the original GIM days !
 

SimpleMan

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#19
cpthnsolo,
Sorry at your offer I just can not justify selling them. That would not really be adding anything to my stash as I would be replacing them at that cost. In Ohio we have to pay sales tax...
:mad:
 

newmisty

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#21
I was at the LCS near me run by two shady obese brothers. I asked about generic silver and he brought me to the back and had a huge pile of Norfed rounds. Quite surprisingly he didn't know what they were. I bought what I could afford at the time. I really should have gone back but just didn't think the future premiums would go much higher than they were at the time and I just let it go. Wished I had made one last trip back there.
 

quiltlady

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#24
I have many Norfed dollars to sell. My son was given them as gifts by his uncle and then he was 'convinced' to buy more because they would be worth a lot in the future. Now he is a junior in HS and would like to purchase other items. Would anyone be interested in buying some pieces? I know a couple of them might be rare.

Thanks.

Please respond to the following email:
familytreequilts@yahoo.com
 

lumpOgold

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#25
I have many Norfed dollars to sell. My son was given them as gifts by his uncle and then he was 'convinced' to buy more because they would be worth a lot in the future. Now he is a junior in HS and would like to purchase other items. Would anyone be interested in buying some pieces? I know a couple of them might be rare.

Thanks.

Please respond to the following email:
familytreequilts@yahoo.com
Probably not a lot of interest here due to you being new here. I would do a face-to-face for every single one you have for a reasonable price, but I won't send money to a new member with no posts or feedback. Sorry.

Where are you?
 

Rcpb2000

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#26
Probably not a lot of interest here due to you being new here. I would do a face-to-face for every single one you have for a reasonable price, but I won't send money to a new member with no posts or feedback. Sorry.

Where are you?
Not here.

On another note. I wonder if the mods ever considered keeping new members from buying and selling until they have at least been a member for a certain length of time and have at least co tributed to discussions?
 

AgAuGal

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#27
Not here.

On another note. I wonder if the mods ever considered keeping new members from buying and selling until they have at least been a member for a certain length of time and have at least co tributed to discussions?
No, you guys/gals are wise adults and can make decisions without us micro managing new members. There will be some willing to contact a new person via PM depending on what they are selling / buying and make their own decision about whether they trust the transaction. I dont think we ever really intended to have a buy/sell area but the membership requested the sub-forum so there it is to be used with personal responsibility and appropriate discretion. What happens there is a personal transaction between forum members not the responsibility of GIM 'management/moderators'.
 

GOLDBRIX

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#29
Didn't notice how old the OP was. DELETED
 
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cd120

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#30
I have 2-3 that I'm willing to sell at $50 ea. These are 1oz coins. I think I have two MA ones and another. I bought these off a GIM member. While I will not be home tonight, I can verify the other tomorrow night. I tucked them away and have not looked at them since. If no one wants them, I'm happy to keep them tucked away.

I'd be willing to sell face to face in MA
 

quiltlady

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#31
I am going to try this again- my son is now in his first year of college and really wants to sell some of his coins. If you want to call me, or FaceTime me to see the coins, I am certainly willing to do this. I understand that it's hard to buy from a new member and I would be willing to do whatever makes you feel comfortable. Please let me know. My email is luus@catlin.edu. Please send me a private message if you are interested.
Here are the main coins he wants to sell:
A $100 coin and it says 1998 and 2006 on it. It has been in a case the whole time and is in incredible condition.
A $20 coin from 2004. It says 00554 on the side.
2005 $20 coin
2005 $10 coin
2006 $20 coin

When messaging, please send an offer on the price, please be reasonable, my son has a general understanding of what they are worth.

Cheers,
Sandy
 

REO 54

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#32
QuiltLady,

Sell them on eBay to get your best price possible, otherwise it's just 5 oz of silver at spot for folks here. Maybe more,not much.Then there is the fact that the gov considered these coins "illegal ". lol
 

GOLDBRIX

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#33
I agree w/ REO 54. Not to hurt your feelings but this savvy bunch is always close to SPOT prices +/- .
On the 'bay you would be more likely to find someone who is a collector or an agent looking to fill an order those are the people who will pay more than spot.
With NorFed losing in Federal Court their PM "rounds" are now basically spot pricing or close.
Collectors are your best bet.

Good Luck to You and Your Family
 

Aurumag

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#35
I am going to try this again- my son is now in his first year of college and really wants to sell some of his coins. If you want to call me, or FaceTime me to see the coins, I am certainly willing to do this. I understand that it's hard to buy from a new member and I would be willing to do whatever makes you feel comfortable. Please let me know. My email is luus@catlin.edu. Please send me a private message if you are interested.
Here are the main coins he wants to sell:
A $100 coin and it says 1998 and 2006 on it. It has been in a case the whole time and is in incredible condition.
A $20 coin from 2004. It says 00554 on the side.
2005 $20 coin
2005 $10 coin
2006 $20 coin

When messaging, please send an offer on the price, please be reasonable, my son has a general understanding of what they are worth.

Cheers,
Sandy
Hey Quiltlady!

I suppose I am GIM2's foremost NORFED insider, since I went all the way with my dear friend BvNH.

First of all, NONE of the LDs you listed above is contraband as ruled by the court, which means that they are NOT merely bullion, and they are ALL collectibles, especially the first three, so keep this in mind as you sell on eBay.

Only LDs produced after 2006 are considered contraband based upon the court ruling.

I had great success moving LDs on eBay, so you should do fairly well there, but keep in mind that you have some savvy sales competition out there, and they will also be seeking to buy yours and flip them at a profit.

As perfect timing would have it, I received a letter from DOJ a few days ago confirming the above and affirming that the majority of my LDs will be returned, along with the LDs of others that were confiscated.

This means that over a hundred thousand ounces of 1 ounce Silver Libertys dated between 1998 and 2006 will be available for sale, hopefully within the next 6 months, which should bring the collectible values down.

Bottom line:

Now is a good time to sell your LDs as collectibles.

Cheers!
 
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