If I buy 10,000 spiral Guide Books at $17.95 I have spent $179,500. I will, if the ad is as it seems, receive 10,000 American Silver Eagles and 10,000 2x3 “frosty cases” (whatever they are…), and 10,000 Guide Books.
Silver is $24.33 today and ASEs are bought by the bullion companies at about $29.00 each.
If I sold my 10,000 ASEs for $29.00 each I would have $290,000 or a profit of about $110,500. Plus I could easily sell off the Guide Books for $8 each to resellers (that’s below Whitman’s wholesale) for an additional $80,000 profit.
The frosty cases would bring maybe 25-cents each or about $2,500.
Thus, my total profit would be $110,500 + 80,000 + 2,500 = $193,000. Not bad for 10 minutes on the phone.