RE: Don't Trade Your Metals to A Dealer - Sell Them Privately
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Wow, that is pretty crazy. I'm looking forward to seeing what the coin was when you happen to share that. Do you feel like it is more dangerous to sell privately or do you do a bit of vetting before you make the deal?
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It can be risky selling privately. I usually go through the r/Pmsforsale subreddit. Since I have a reputation built up there, people pay me first, and I have them pay through Venmo or Zelle as a private transaction, so it can't be disputed or reversed. I do check a person's feedback when discussing a deal and take that into consideration.
When you first start out, you have to ship first, but as your reputation increases you can then require payment before you ship.
They also have middlemen who are trusted and will act as an intermediary, so that helps.
Oh yeah, that doesn't sound too bad at all. It's just a matter of building a name for yourself. Very cool!