Silver Bullion or Coin for Goods

This forum is for discussing hunting and collecting US and Canadian circulation Silver Bullion Coins, other types of minted bullion, and other types of precious and base metal investments other than Bullion Pennies and Nickels.

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Silver Bullion or Coin for Goods

Postby IdahoCopper » Tue Mar 08, 2011 8:10 am

I would encourage anyone with an online business with a social media page to begin trading goods for silver. It helps educate the public, and it helps increase your hoard with discounted silver.

The silver you get this way is discounted by your net margin percentage on the goods you sell. For example, you normally make 35% profit on your goods. If you accept $100 of Ag at spot, for $100 of your goods; you just got $100 of Ag for a cost of $65 in your goods.


I just posted this on my business Facebook page
( http://www.facebook.com/pages/Beefjerky ... 113?v=wall ):

"Beefjerky.com now accepts silver bullion and silver coins as payment for beef jerky. Email HQ@beefjerky.com to make a deal."
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Re: Silver Bullion or Coin for Goods

Postby Devil Soundwave » Tue Mar 08, 2011 9:48 am

That, mate, is a bloody brilliant idea. Bravo. :)
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Re: Silver Bullion or Coin for Goods

Postby AGCoinHunter » Tue Mar 08, 2011 10:39 am

Dont forget that little thing called....sales taxes. :roll: ;) ;)
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Re: Silver Bullion or Coin for Goods

Postby IdahoCopper » Tue Mar 08, 2011 11:19 am

Most internet sales are sales tax exempt....for now.
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Re: Silver Bullion or Coin for Goods

Postby AGCoinHunter » Tue Mar 08, 2011 11:29 am

IdahoCopper wrote:Most internet sales are sales tax exempt....for now.



That isnt going to be the case for long though... Just looked at a list of new taxes that are currently being floated in the state of GA by a solid majority republican state governemnt....its nauseating. Things gotta change or we are all bound to serfdom.
“Guard with jealous attention the public liberty. Suspect everyone who approaches that jewel. Unfortunately, nothing will preserve it but downright force. Whenever you give up that force, you are inevitably ruined.”
"The Constitution is not an instrument for the government to restrain the people, it is an instrument for the people to restrain the government - lest it come to dominate our lives and interests.”
- Patrick Henry
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Re: Silver Bullion or Coin for Goods

Postby stevkc » Tue Mar 08, 2011 12:24 pm

Coincidentally, I read that Monex is now accepting dried meat products as payment for bullion.
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Re: Silver Bullion or Coin for Goods

Postby Snake42 » Tue Mar 08, 2011 1:47 pm

AGCoinHunter wrote:
IdahoCopper wrote:Most internet sales are sales tax exempt....for now.



That isnt going to be the case for long though... Just looked at a list of new taxes that are currently being floated in the state of GA by a solid majority republican state governemnt....its nauseating. Things gotta change or we are all bound to serfdom.


Do tell more please... I have not heard of this yet.
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Re: Silver Bullion or Coin for Goods

Postby psi » Wed Mar 09, 2011 12:22 pm

Why not calculate the tax based on the silver's face value but charge the tax in fiat, it's all legal tender, right?
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