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I want to sell some equipment... All legal and non regulated stuff, but I can imagine "preppers" buying them. I've got some tritium watches and SHTF flashlights for example.
So I've thought about accepting gold/silver as currency. Here's where I digress.
I can estimate the price in dollars and then ask for the equivalent in gold. If something is around $400 then I'll ask for 2/10 ounces of gold or 16 ounces of silver. (Using a rough gold/silver ratio of 80 and round numbers.)
Is this practical? Where can I post this stuff? eBay? Then I expect someone to ship 2 1/10 ounce coins? How can I know it's real gold*? Could I accept a mix of gold and silver coins?
And I see a tax headache too... But that's another story.
TLDR: I want to test the possibility of exchanging goods for metals. I see everyone stacking, but do people actually "spend" their gold? Do you "buy" or "sell" anything using gold/silver?
*I am aware of acid tests or sending metals to a lab. But these exchanges must be practical or it's a waste of time.
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- 1 year ago
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