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Hey donpaulo, nice to see here in another place! Check out my blog sometime, and send me yours (alchem..., correct?) again.
The only place I have bought from (other than coin shops) is MONEX, which I review in the MONEX thread.
"DCRB"
The owner and operator of Spotmex can be viewed on Youtube.
Stellaconcepts is his name.
Subscribed to his channel shortly after he began. Great presentations of what could happen to silver and to prepare with silver in mind.
Sadly due to his contradictory actions, hidden mistakes(cowardice), and loss of helpful objective to be replaced with paper worshipping, I unsubscribed.
Regardless, I have not used spotmex, but watch the minimal usage thereof with caution.
Similar to BullionDirect's buyer/seller page Nucleo Exchange.
I have never used spotmex so I don't really have an experience to share in reviewing it. Has anyone else here used them before?
I can share my thoughts of what I see when I visit the site. It appears to be like a mix between ebay and craigslist geared specifically to precious metals:
ebay similarities: buyers and sellers can give feedback to each other for sales
craigslist similarities: list items with a set price (premium over spot)
I'm guessing the site is fairly new as there was not a lot of listings posted when I checked it this morning.
I just created an account to explore a bit and they offer several options for handling payments from paypal to face to face sales. It was only after going through almost the entire process to list an item for sale that I found that they charge a small transaction fee (0.95% of the sale price for a 1oz silver coin is what I saw - didn't try other types of bullion to see if the fee was the same or different). IMO, it is very poor form for that not to be disclosed clearly in the Terms of Use, Spotmex Guide or other page describing the site so folks know what the deal is before they sign up - especially when the changing promo on the front page claims "No Listing Fees" on panel 2/4.
Still, if it develops a large base of buyers and sellers, it could become a nice alternative to classified ads for people looking to trade gold and silver locally or by mail order.
I hope you'll keep us informed of any major announcements / changes.