/biz/ - Business & Finance

>>56504338
>what do you hunt for, anon?
Anything undervalued really.
Even though i mostly focus on silver and gold, but i plan on diversifying a bit. Over here (frogistan) it's pretty easy to score below spot.
Even for constitutional silber, i sometimes see 5F semeuse lots going for 17-18€/oz. Not saying it's the norm, but it happens.

Pic rel is my slurp of today for example, a bunch of knives carriers. 148€ for 400gr (.950). When i started doing this, i'd have jumped up the ceiling for scoring this, nowaday i'm like "meh, ok, not bad but could be better" lol.
But i bid on 2 dozens items after scrolling through many pages of crap to finally only win this one, and most the time there were only 1 or 2 ppl overbidding me. If my price target was a bit higher i would most likely have won the others auctions too, but i'm too poor to afford everything being sold on ebay so i've to limit myself to a low price per oz.

My favorite is targeting lot of various old silver coins. You often ends up with something carrying numismatic value. I don't mean crazy ass stuff, but like a dime worth 12 bux because it's a rare date in good condition. But when you paid by the silver content and below spot, this 12€ winner only costed you like 1€, so it further drive down the cost of the rest of the order. Sometimes pretty significantly.
That said it's way more time consuming than buying regular silver scrap, as here you go back and forth on Numista and sold listings, checking up every coin you see sold in a lot, sometimes with crappy pics you have to enhance and modify via windows to see what's up. Scoring good deals is a mix of luck and hours of dedicated work too. Don't expect good deals to jump out of the water to end up directly in your mouth.