Page 1 of 1

Bartered 13 ASE for $600 in work.

PostPosted: Thu Jun 02, 2011 4:01 am
by Sheikh_yer_Bu'Tay
I needed a small boundary survey done in a hurry. The surveyor wanted $600. I am short FRN right now, so I offered to exchange 13 ASE for the surveyor's services. He was very happy to do so! Did I let them go too cheap?

Re: Bartered 13 ASE for $600 in work.

PostPosted: Thu Jun 02, 2011 6:27 am
by Lemon Thrower
no, his eagerness was probably due to the fact that you paid with real money that does not require a lot of irksome paperwork which can be quite taxing on one's psyche.

Re: Bartered 13 ASE for $600 in work.

PostPosted: Thu Jun 02, 2011 6:29 am
by kidman232
i would say you made out if you were willing to pay $600 cash had u had it, melt on 13 eagles is below $520. Only question is whether the work done was really worth 600.

Re: Bartered 13 ASE for $600 in work.

PostPosted: Thu Jun 02, 2011 7:57 am
by brian0918
kidman232 wrote:Only question is whether the work done was really worth 600.

I think a better question is whether 600 FRNs is worth the work done, or anything for that matter. :D

Re: Bartered 13 ASE for $600 in work.

PostPosted: Thu Jun 02, 2011 8:01 am
by mr18
at current spot prices, they should fall in the range of $40-43 each. So the surveyor did not get a deal. Now, as kidman232 questiones, did he do a $600 job knowing he got paid less than what he asked for.

Re: Bartered 13 ASE for $600 in work.

PostPosted: Thu Jun 02, 2011 9:03 am
by Sheikh_yer_Bu'Tay
mr18 wrote:at current spot prices, they should fall in the range of $40-43 each. So the surveyor did not get a deal. Now, as kidman232 questiones, did he do a $600 job knowing he got paid less than what he asked for.


kidman232, and you, offer up a good question. The surveyor set the price before I offered the ASE's, so I am confident his price was genuine. Now, to the quality of the work to be done. He is going to set corner post stakes for the boundary of a piece of land. IF he sets those stakes wrong, it's his ass, not mine. He is a licensed professional with professional liability attached to his service.

He and I both agree the ASE's long term value is incalculable until the dollar stabilizes. Anyone can say "one day an ASE will be worth ___fill in the blank___ dollars!" This is only the second time I have ever let silver go. I haven't paid the bill yet, and I already miss the little buggars. :cry:

According to the US Gov., they are worth $1.00 each, so, I bought $600 in services for $13.00!! :lol: :mrgreen:

Re: Bartered 13 ASE for $600 in work.

PostPosted: Thu Jun 02, 2011 10:09 am
by hejira11
I say good for both of you! I look forward to the day when transactions like this are more common.

Re: Bartered 13 ASE for $600 in work.

PostPosted: Thu Jun 02, 2011 10:46 am
by Treetop
Well i know a lot of contractors like a cash payment now and then, and its tax free. they dont claim it.... Im guessing this guy is okay with the lower payment since hed normally pay taxes. in cash I bet he would of wanted the full amount even under the table, but silver is shiny....

I gave a guy a franklin half as a tip for working on my car once. explained to him its value. he then ended up letting me pay all with franklins at about 70 percent of the total!!1 he could of bought his own franklins. which is what I did. It was great..... In this transitional period it might be really profitable to pay with silver apparently..... Im going to have to think on this a bit....

Re: Bartered 13 ASE for $600 in work.

PostPosted: Thu Jun 02, 2011 10:51 am
by brian0918
Treetop wrote:I gave a guy a franklin half as a tip for working on my car once. explained to him its value.

That would be a great way to spread interest in silver - leave silver quarters or halves as tips at restaurants, along with a note explaining that it is silver and worth much more than face value. 8-)

Re: Bartered 13 ASE for $600 in work.

PostPosted: Thu Jun 02, 2011 1:03 pm
by hejira11
brian0918 wrote:
Treetop wrote:I gave a guy a franklin half as a tip for working on my car once. explained to him its value.

That would be a great way to spread interest in silver - leave silver quarters or halves as tips at restaurants, along with a note explaining that it is silver and worth much more than face value. 8-)


Bump