I am a transplant from US, residing in Quito. I have furnished condo for rent in Centro Historico Quito, few blocks from Plaza Santo Domingo, in between La Ronda with its galleries, shops, cafes, restaurants and El Parque Urbano Qmandá, cultural and fitness center with adjoining urban park. The best location in Old Town! For more info, check
La Ronda is just around the corner
Saturday, September 26, 2015
Gold and Silver Bullion over-the-counter market in Ecuador. September 2015.
Bullion over-the-counter market in Ecuador doesn't exist for the average
consumer. There are no coin shops and bullion dealers where you can buy and
sell gold/silver coins and bullions for the spot price.
from readers we have received to date are not encouraging. One subscriber
shared: I live near Quito and
last year was trying to sell a gold eagle. I could not for the life of me find anyone willing
to pay anywhere close to spot value. I
don’t know of anyone who is in the business of dealing in minted coins/bullion
in Ecuador. If you know of any I would very much like to be informed.
small dealers who advertise on the street that they buy gold usually treat any
gold they buy as junk gold of questionable purity,and my experience is
that minted bullion is treated the same. Some places will offer loans with the bullion as collateral, but I’ve found the service charge
and interest rates to be obscenely high consideringit’s backed by
collateral they hold.
...be sure to hold
that gold outside Ecuador because it is taxable coming in and cumbersome to
sell while here...
Rental in Quito, for tourists and expats.
We have a 2 bedroom, 1 bath totally remodeled
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Anti-noise windows in both
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