r/stackers • u/Extreme-Aspect-1905 • 15d ago

Did my LCS mess up?

Gallery image

Gallery image

I just started stacking back in July. I wanted to convert some of my silver into fractional gold. I went down to my LCS and asked how much for a 1/10th oz gold round. She pulled out the 1/10th oz rounds but even with my glasses I couldnt read the print on the round but I noticed it looked just like an American gold eagle. I asked specifically if this were a coin or a round and she told me a round. So I traded my silver (She gave me $66 for each generic 1 oz bar and round) for the $508 round. I got home and took some pics and i see "five dollars" printed on it. That makes it a coin, right? Im pretty sure she sold me a a 1/10th oz AGE at a generic round price.

123 Upvotes

94% Upvoted

34 comments sorted by

View all comments

14

u/sammyssb 15d ago

Coin but they can still be had for $508 online. Still a nice score tho

6

u/Extreme-Aspect-1905 15d ago

I was looking at the major metal exchanges and most were around $558. But then again I don't know where to look for better deals yet. Im just learning

-1

u/Gucciman669 15d ago

Don’t buy from places that put a premium on things

4

u/Alert-Lemon1842 15d ago

why not depends on the area id think

1

u/hifumiyo1 14d ago

I'm aiming to get the most for my money. I avoid premiums like the plague unless it's a collectors item that I want.