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Need help !!!! question about selling copper

PostPosted: Thu Dec 09, 2010 7:14 am
by thecam111
Ok,
So ive been selling copper pennies on ebay for 3.99 a pound plus 4.95 free shipping in buy it now. if you buy 5 or more you get free shipping.
One guy recently purchased a lot, and then messaged me saying he wants to buy 2,000 pounds, and to invoice him

1) I have no idea if this is legit

2) this way exceeds the amount i have in stock, possibly i can set up a deal for him and someone who has 1 ton in stock

3) WHAT SHOULD I DO!!!


Please post

Re: Need help !!!! question about selling copper

PostPosted: Thu Dec 09, 2010 8:57 am
by TXBullion
Make sure he is in the US and not international. Invoice him and tell him there might be about a weeks processing time (to give you a chance to make a deal with someone here). Get payment (make sure its cleared) and then forward agreed payment to real center (their cut)

3.99 at 2,000 pounds is 8,000$ gross After Paypal fees and ebay fees your at 6960. Your shipping will run about 330. So now you have 6630. 2,000 lbs is about 3 000$ face. If you can arrange a deal with someone to ship a ton at 1.8 lets say $5,400 will be your cost. So potentially just for brokering this transaction, you can make over 1,200$

Re: Need help !!!! question about selling copper

PostPosted: Thu Dec 09, 2010 9:01 am
by AGCoinHunter
Nice deal if its legit. Hope you can pull it off. There are many on here that can supply you with CU. If you can cut out ebay and pp and do the deal with him straight up, you will make a lot more money. Might be worth the gamble.

Re: Need help !!!! question about selling copper

PostPosted: Thu Dec 09, 2010 11:19 am
by Joogaler
I need to get back to selling on the bay to get some exposure! I could really use a steady buyer that want's a ton or two!

Re: Need help !!!! question about selling copper

PostPosted: Thu Dec 09, 2010 11:23 am
by Kurr
The Portland mint could probably drop ship for you. Contact Highroller.

Re: Need help !!!! question about selling copper

PostPosted: Thu Dec 09, 2010 11:31 am
by slickeast
Kurr wrote:The Portland mint could probably drop ship for you. Contact Highroller.



^^^^ + 1

Re: Need help !!!! question about selling copper

PostPosted: Thu Dec 09, 2010 12:18 pm
by highroller4321
Kurr wrote:The Portland mint could probably drop ship for you. Contact Highroller.


Yup Kurr is right.

Drop me a PM and I'm sure we can figure something out so that we both make some money :)