Friday, March 27, 2009

Silver Stock Report: Rocklin Coin Shop $1.75/oz. over spot for Rounds

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Rocklin Coin Shop $1.75/oz. over spot for Rounds

(Lowering the Spread!)

Silver Stock Report

by Jason Hommel, March 26th, 2009


Rocklin Coin Shop
4870 Granite Drive, Rocklin, CA 95677

I bought the Rocklin Coin Shop.  I will take delivery on the morning of Tuesday, March 31st.  For the first three days of operation, from March 31 to April 2, we will have a super sale on silver bullion!  $1.75/oz. over spot (of about $13.50 or whatever it may be) on silver rounds and bars.

We are narrowing the spread.  The Rocklin Coin Shop used to sell silver at $3.50 over spot, and did not have much volume in silver sales, and had a hard time finding silver for re-sale. 

I will help to lower the spread on all bullion items as I gain all his existing contacts and suppliers, and bring to the table more of my own. 

Currently, the former owners of Rocklin Coin have 80 ounces of silver rounds, since they were mostly focused on gold sales, and gold sales of up to 100 ounces in a single order.

We will open up the shop with the following inventory:

At least 20,000 ounces of silver bullion bars and rounds.
140 ounces of gold, or more.
450 ounces of palladium.
At least 10 bags of 90%, and mercury dimes.

Please don't call for price quotes, the shop won't ship bullion.   Please come on by for a personal visit if you are in the Northern California area.

For in-person purchases, remember you need to buy more than $1500 to avoid the sales tax.  Cash only.  Except, if you order more than $10,000, be prepared to do a wire transfer, or bring a Cashier's Check or Bank Check.

For bullion that needs to be shipped, please see www.seekbullion.com.  We are lowering the minimum bid on our silver down to $1.75 over spot, starting on Saturday.


Sincerely,

    Jason Hommel

    In case you miss an email, check the archives:
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    You can buy silver at my auctions at www.seekbullion.com
    Auctions end M-Th, Sat, At 7PM Pacific, but you can place bids anytime, 24/7. 

    You can also buy silver at www.momsilvershop.com
    Mom will ship overseas, and also in lots of more or less than 100 ounces.


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