The Gold Market: Strategies for Investing and Reselling with Trey Benedict

The Gold Market: Strategies for Investing and Reselling with Trey Benedict

Author: Chris Hutchins December 18, 2024 Duration: 49:55
#206: Discover to secrets of gold investing, reselling, profiting and more with Trey Benedict. Learn the history of the gold market, how gold is valued, where to find opportunities for investing and reselling gold, the differences between the bullion and collector market, tips to avoid scams and so much more. Trey Benedict is the CEO and Co-Founder of Pure Technologies, a platform bring transparency, liquidity, and technology to the gold industry. He has extensive experience from Heritage Auctions, Tangible Investments, and Kevin Lipton Rare Coins. Link to Full Show Notes: https://chrishutchins.com/gold-investing-selling-buying-trey-benedict Partner Deals Gelt: Skip the waitlist on personalized tax guidance to maximize your wealth Cultural Care: Get $250 off flexible childcare with international au pairs Daffy: Free $25 to give to the charity of your choice Copilot: Free 2 months access to my favorite personal finance app with code HACKS2 MasterClass: Learn from the world's best with 15% off For all the deals, discounts and promo codes from our partners, go to: chrishutchins.com/deals Resources Mentioned Trey Benedict: LinkedIn Pure (Up to $150 off when buying/selling here) Coins American Eagle American Buffalo PAMP Lady Fortuna 230th Anniversary Flowing Hair Coin Grading Companies: PCGS vs NGC Costco Gold Bars: Price Guide and What to Know PCGS CoinFacts Heritage Auctions Stack's Bowers American Numismatic Association Professional Numismatists Guild ATH Episode #200: Debunking Tax Myths, Avoiding Audits and Maximizing Savings with Jasmine DiLucci Are Credit Card Rewards Taxable? Full Show Notes (00:00) Introduction (02:14) Understanding the Gold Market (04:50) The Many Different Reasons People Buy Gold (07:11) Trey's Journey with Gold and Coin Restoration (11:02) How Gold Is Valued and Priced (13:45) Spot Price and Gold Trading (16:13) Types of Coin Traders (18:49) How Can People Invest and Make Money in Gold? (22:49) How Often the U.S. Mint Releases Limited Coins (25:22) Pure: A Marketplace for Gold (35:38) Leveraging Discounted Gift Cards to Buy Gold (37:12) Ways to Mitigate Concerns Around Buying and Selling Gold (43:41) Vetting Coin Shops (45:59) Can You Trade Your Gold Jewelry? (47:13) Online Resources for Gold Info (48:24) Things to Avoid in the Gold Market Connect with Chris Newsletter | Membership | Twitter | Instagram | LinkedIn Editor’s Note: The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post. Learn more about your ad choices. Visit megaphone.fm/adchoices

Ever feel like there's a smarter, more efficient way to navigate your finances, your travels, and your daily routines? That's the core question driving All the Hacks: Money, Points & Life. Hosted by Chris Hutchins, this podcast is built on a simple, powerful idea: maximizing value doesn't mean sacrificing enjoyment. Instead, it's about the strategic choices that free up resources-both money and time-for what truly matters. Chris approaches life as a series of systems to be optimized, drawing from his own experience saving millions through meticulous analysis. The conversations here are practical and wide-ranging, moving seamlessly from credit card points strategies and investment philosophies to the less tangible hacks for personal fulfillment. You'll hear from a diverse roster of experts and icons, including Tim Ferriss, Tony Hawk, Codie Sanchez, and Gary Vaynerchuk, who all bring their unique perspectives on building wealth and designing a compelling life. Each episode feels like a focused workshop, offering actionable advice you can use immediately, whether it's planning a luxury vacation for a fraction of the cost or rethinking your approach to career and leisure. This isn't just about frugality; it's about unlocking freedom and excitement through smarter decisions. Tune in for a consistently insightful blend of tactical moves and deeper conversations that challenge the conventional trade-offs between spending, saving, and living well.
Author: Language: English Episodes: 100

All the Hacks: Money, Points & Life
Podcast Episodes
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#203: Learn to save on the cost for college. Chris and college funding expert Brad Baldridge discuss common mistakes, leveraging 529 plans and tax benefits, types of financial aid, creative tactics to maximize savings, a…
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#202: Sharing 80+ holiday gift ideas across tech, kitchen, clothing, healthcare, games, and more—plus my top strategies to maximize your holiday savings. For all the products, links, deals and more, check out the full 20…
Iceland & Hawaii: Trip Reports and Travel Hacks [not-audio_url] [/not-audio_url]

Duration: 59:49
#201: Chris and Amy recap all the takeaways and planning tactics from two recent trips to Iceland (with All the Hacks listeners and the Big Island of Hawaii. Link to Full Show Notes: https://chrishutchins.com/iceland-haw…
10 Lessons on Wealth, Happiness, and Family [not-audio_url] [/not-audio_url]

Duration: 56:39
#199: Sharing my top 10 takeaways from a retreat for high-net-worth individuals hosted by Long Angle. Today, Tad Fallows and I discuss how money shapes our decisions—impacting everything from your mindset and family choi…
50+ Ways to Earn More Points and Miles Without Spending More [not-audio_url] [/not-audio_url]

Duration: 50:29
#195: Learn 50+ tactics to earn points and miles without spending extra money. From shopping portals and card-linked offers to strategies for earning points on groceries, flights, and even rent, discover how to optimize…