$150,000 collection anyone?

That would be awesome but a 150K is an awful lot of money for some rocks. My wife gives me grief when I spend $100 on rocks, 150K and she would literally kill me. She would probably stone me to death with my 150K in rocks. You would also need a decent plot of land to keep all those rocks on. I would have to buy the neighbors house just so I had a place to put them....LOL.

Jake

Mr. @shotgunner can do the advertising. Route a trip to Tony's from Texas. We'll stop in a small town outside a big city daily and have a mobile rock sale. Stimulate the local economy. Anything left when we get to Tony's is his lol

LOL! If we're being honest with ourselves we'll have to admit that none of us can make a road trip form Texas to Idaho and not end the trip with more rocks than we started out with - regardless of our original intentions.

Larry C.

This guy had it up for sale in 2015 as well. People asked the lowest he'd take just back in 2016 and I believe he said 80k. I think it includes saws and other lapidary equipment too

You haven't seen the collection nor do you know what he would let it go for, yet call this a "lose/lose situation".

alrighty

May be the best deal going for the right price.

It's hard to believe a guy who doesn't allow lookers and who demands six figures of cash is interested in providing a good deal or even a safe situation. I believe the person offering the sale is obligated to do a little more to convince us there's a reason for his actions.

If he's looking for charity (somebody said about a flood), my heart goes out to him, but the way to ask for charity or help is completely different. You don't just put your hand out and ask for straight up cash for what appears to be far above what the market will bear...

I concur,

No legitimate buyer is gonna show up with a suitcase full of cash and buy that off of a few pictures. Most people would want to see the actual inventory in person, then take some time to run some numbers and go over the logistics of it, and then make an offer. The post comes off as very much "take it or leave it" and I would venture to say that it will be left.

Jake

About 10 years ago had a somewhat related experience with an Quartz Crystal Minefor sale in Arkansas. The original price was 80k, I e-mailed the owner and asked a few questions and after about 4 rounds of back and forth e-mails the price was down to 60K. At that point I contacted the Forest Service about the status of the Mineral Lease. Every thing was current and a Re-claimation Bond was in place, although it might require another $500 be added to the Bond. Suddenly the Owner lowered the price to 28K. Contacted two close Crystal digging friends and we discussed it at length. Decided not to pull the trigger due to the fact that we would not be buying the land but a government lease which could be ended at the drop of a hat and our money would go with it. That and the problems associated with re-mote ownership, mainly theft.

Bottom line the price dropped the longer the discussion went on close to the 1/3 that was mentioned.

Now where could I put another 11 tons of agate?.....hmmmmm?

H

True dat!

I had a colleague in the pet business. Definitely not a friend, but more of a guy I knew and had occasional dealings with. He owned a raw "live rock" (salt water aquarium tank, wild rocks with spores and other living stuff included) importing business. Over the 12 years i knew him, he sold the biz 4 times. He had a high pressure pie in the sky sales pitch about the profitabiliy of thei biz. Tax Documents to prove it. No matter what, as long as he owned it, he always had the business advertised for sale. 100% of the time!

He had a very large starting price, negotiated down to half, offered to finance 80% of the sale. That meant his $500,000 start ended up at $250,000 and the down payment was $50k. All four buyers signed the docs, took over the biz and ran onto roadblocks at the supply side. Always something. Credit issues with the vendors, "national holiday" delaying export, collectors disappeared and having trouble hiring more..... always something in Fiji that affected the new owners ability to meet his obligations. 4 of 4 all failed.

When the agreed upon note payments failed, he repossessed the biz. Four times! All legalized thru documents and lawyers. I am not saying he colluded with the very small group of vendors. But, that is certainly an option. Its also possible, he just took vacations during the four purchase periods when buyers ran the biz for him. He did brag that the $50k plus payments made made him more profit than the same time period would have if he hadnt sold the business. His product wasnt live stone it was the business.

I know catmandewe is far too savvy to gety caught up in crap like that, but this smells similar, somehow. A little more concrete with inspectable inventory. Still.... what is unknown here? A huge ask like this always raises my scam radar. I hope I am wrong.