In this episode of the What Sold Podcast, hosts Brandon and Matt delve into the fascinating world of sourcing and selling gold. Matt shares invaluable insights on understanding gold's current market value, determining authenticity, and the business math involved in making profitable sales. They discuss various pitfalls, such as dealing with pawn shops, and highlight the quick turnover of gold products. Toss in Matt's experiences from a recent California trip and a story about managing a customer dispute on eBay, this episode is packed with practical advice and engaging anecdotes for both novice and seasoned sellers.

 

00:00 Introduction and Banter

01:23 Matt's Alter Ego: The Merchant of Madness

02:16 California Trip Recap

02:51 Sourcing Adventures in Oakland

04:42 Challenges of Sourcing on Vacation

10:34 Recent Sales Highlights

13:06 Understanding the Market for Collectibles

17:44 Dealing with Difficult Customers

21:32 Handling Negative Feedback

22:33 The Anonymity of the Internet

24:41 Understanding Gold as a Commodity

27:24 Determining Gold Value and Pricing

32:23 Sourcing and Selling Gold

36:17 The Business of Gold

42:23 Concluding Thoughts on Gold

 

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