I Bought Silver Coins from Hong Kong .. Then THIS Happened (2021)

i bought silver coins from hong kong and then this happened welcome the silver heist thank you to our returning subscribers and guests we are a channel that likes to hold physical gold and silver to support my creation please subscribe [Music] i bought silver coins from hong kong in this video i will tell you how it all turned out how long did it take for the coins to get here what did it cost me how does that price compare to a major american online bullion dealer so was it worth the risk and did i get what i expected and also what did i buy so i spent over 900 us dollars for these coins so it better have worked out all right so let's check out the timeline of buying something from hong kong so on sunday the 18th at 10 o'clock at night i bought the coins and by wednesday they were shipped and by friday the 23rd they've arrived and by saturday the 24th we're unboxing okay so how much did these coins cost so i bought 21 of them and so we're going to look at the price i paid but then how much do they cost each so there's the coins there's the fedex and there's the total i bought it in hong kong dollars but we'll convert it to american dollars it's a little bit of a hassle when you're on the website to see hong kong dollars you can convert it to us dollars but when you go into the checkout it kind of converts it back and forth and so it's a little confusing whether they've increased the price in the couple of minutes that it took you to press the buttons multiple times so that is what i paid in hong kong dollars for 21 coins 100 but that's 860 something dollars for the coins and just over 46 for shipping for a grand total of 915 dollars how much is that in us dollars for a single coin i wasn't the quickest one to the website so and i used a credit card so it cost me forty one dollars per coin it's over two dollars per coin to fedex them when you're dealing with that quantity so i paid just over 43 dollars so rounding up to 44 dollars per coin so one risk is whether that was a good enough price to commit to on a sunday without knowing what american dealers would be selling them later that week and then this happened all right so let's track the price of this coin at different sites in a very short period of time okay so i bought mine in hong kong so let's round it up on sunday i bought a bunch of coins with 44 each so then on monday the 19th apmex released their coins but you would avoid the fedex charges and get free shipping if you bought enough of them but they opened around fifty dollars a coin so i was already ahead of the game and i've already received my coins from hong kong they are now sold out but apmex is still selling some on saturday and they are going for and they're going for 76 dollars so what's the change in spot price this week not sure but i do know this i bought a coin for 44 dollars and now it is selling for 76. okay let's do this unboxing straight from hong kong to the united states okay this is something that you won't hear from other stacking channels and this is something i learned from my mom do not touch the orange handle scissors so so what's inside here this is the follow-up to this 20 20 one ounce four nines fine tuvalu the gods of olympus so this is the zeus that's last year's this is this year's [Applause] 2021 tuvalu same 2020 2021 2020 zeus poseidon all right awesome check him out he is the god of the sea or the god of the oceans so multiple finishes there's like undersea horses and a chariot and poseidon with the trident so there was a coin series from the perth mint there was a two ounce version and there were three gods of olympus and three goddesses of olympus so these designs are already exist so hades is next it's coming up sometime in 2021 and then maybe they'll shift gears and do the goddesses so this series has definite potential kind of a quick three-part series but then the goddesses could expand it to really a six-part series so i think it's the designs you can check them out on the internet they're very cool there is zero doubt in my mind that these silver coins are anything but real lpm is a major online bullion dealer i have brought from them at least three times now for certain new limited release coins their fedex fees on top of their prices could still be very competitive and or beat us dealers who have free shipping so this i'm happy it came in this format because this is why i paid this is why i went to lpm because they specifically said that if you bought 20 they come in rolls of 20 or boxes of 100 so this is a roll so i want to sell them i want them to be in perfect condition for my customers i don't want any complaints about scratch capsules this is straight from the factory so as good as it gets this one is in great shape that's for me but for my customers for my customers they will get this poseidon 20. stay tuned if you're on instagram i recommend you follow me on instagram i might sell half of them on instagram and maybe half on youtube we shall see maybe in the next 48 hours maybe in the next week or two so hit the bell notification if anything like this interests you and maybe we'll do some kind of live stream buy it now it will be fun and you have the ability to buy a great collectible series coin i bought silver coins from hong kong and then this happened even with the fedex charges i got a better deal than the american site who sold them the following day you

Channel: Silver Heist

Views: 115,008

Rating: 4.7325287 out of 5

Keywords: Silver Heist, silver, silver stack, silver stacking, silver stacker, silver bullion, 999 fine, 9999 fine, savings, cash, American Silver Eagle, ASE, spot price, premiums, silver premiums, US Mint, APMEX, physical price, high silver premiums, LPM, Buying silver from Hong Kong, Buying silver from China, Perth Mint, Gods of Olympus series, Zeus coin, Poseidon coin, limited mintage coin, numismatics, flipping coins for profit, selling silver coins, collectible coins

Id: 21ik1KHN0rQ

Length: 9min 2sec (542 seconds)

Published: Sat Apr 24 2021