Realcent.org

I'm curious, are there any useful resources out there for things like getting credit on large direct-from-consumer coin buys?

I ask this because I regularly buy coins off of various people. Most of whom have got them from a relative who has died. Some of the lots I've bought have been very nice large ones, however none has tapped me out.....yet.

I'm sort of worried if someone contacts me with a large lot ($20k+) to purchase, what options I have in a event like that.

Bring in someone else to partner with on it

ScottyTX and christostock frequently buy LARGE lots, tmat as well. I'm sure you could structure a healthy finder's fee from christostock if you run across something with enough room for you to both pull a decent margin.

Did you check on a line of credit from your bank?

hags

I do occasional large purchases as well. $2.00 over spot on Eagles, plus free shipping on orders over 200 oz. I've put it out on here, but nobody has seemed interested in doing a group order. I get it through Preservation of Wealth, which charges a yearly fee. They have an MLM business model, but I don't really participate in that aspect--I just like the cheap silver and gold!

Interesting, how does a person find these sellers of large lots.

If you have a local coin dealer they normally will pay you a decent sized finders fee for large collections.