Are Cash for Gold store fronts a good source for purchasing?

[agnaustic]

I've had mixed experiences with Cash for Gold storefronts. Some are willing to sell the items they receive for very good prices, while others will politely tell me to f**k off when I ask. What has your experience been?

[theo]

Basically.

They either don't want to sell or when they do they want ridiculous prices. I stopped in one seedy place once and saw a 40% Kennedy half on sale for $17 (silver was at $35). The owner looked like he was with the Russian mob so I decided not to haggle.

[smackvay]

as stated above they either tell you to kick rocks or will sell to you
ive had pretty good luck myself

[Zincanator]

I've had similar results when asking pawn shops that advertise as PM buyers. Either they say no, or the coins they have for sale are way overpriced. I did find one guy who holds back any slabbed ASEs he gets, and sells them to me for $7 over spot.

[Cu Penny Hoarder]

Never tried buying, but just for fun I've walked into these places and asked what they pay for 1 oz Eagle or Maple. The answer is always 10-30% lower than spot price... rip-off.

Better to go to your LCS (no paper trail) or deal with an online bullion site.