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deleted
15 Posts |
 Posted - 05/02/2009 : 05:39:23
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I notice that You must be logged in to see this link. is showing much more sensible premiums being paid these days for Gold and Silver, rather than the incredible preimums we have seen on ebay in the past.
I am wondering if this is down to some of "the herd" selling their gold bought "at any price" when financial armagedon seemed likely, are now selling back, now that percieved risk is receeding.
In any case ebay is now looking to me like a viable market for gold and silver again.
Just after some opinions really...
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oober
1000+ Penny Miser Member
USA
1304 Posts |
Posted - 05/02/2009 : 07:22:30
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| I think the premiums have been skewed slightly because of Live.com's higher cashback. Sellers usually scam on that rebate... Thus the higher prices. |
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JerrySpringer
Penny Hoarding Member
669 Posts |
Posted - 05/02/2009 : 10:03:30
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| Thanks for the link. I am not that sure those premiums can hold if we do not get some movement in silver paper prices soon. I think most people are buying silver because it is a SHTF hedge. Hence seeing rolls of ASEs sold like toilet paper at a club warehouse or something. I think there would be a tipping point where the general public overbought on silver and get nervous about losing anything on it if prices start inching lower. We shall see. My gut feeling says to look beyond silver and start concentrating on base metals again like copper and nickel. |
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aaron239
Penny Collector Member
USA
260 Posts |
Posted - 05/02/2009 : 10:17:55
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Im full steam ahead on copper myself. Theres no better deal than getting copper below melt value.
Im in a holding pattern right now with silver/gold. Im currently thinking we are heading a few dollars lower and Im waiting a bit to buy more. I may start concentrating on gold (easier to hide). |
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JerrySpringer
Penny Hoarding Member
669 Posts |
Posted - 05/02/2009 : 10:21:58
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Can any of you figure out the angle on this auction:
You must be logged in to see this link.|65%3A1|39%3A1|240%3A1309|301%3A1|293%3A1|294%3A50
I do not know what to expect with the $10.95 sent per a lot other than 10 coins. The seller can not be making a mistake underpricing coins. |
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Market Harmony
1000+ Penny Miser Member
USA
1274 Posts |
Posted - 05/02/2009 : 10:33:20
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quote:
Originally posted by JerrySpringer
Can any of you figure out the angle on this auction:
You must be logged in to see this link.|65%3A1|39%3A1|240%3A1309|301%3A1|293%3A1|294%3A50
I do not know what to expect with the $10.95 sent per a lot other than 10 coins. The seller can not be making a mistake underpricing coins.
yikes! read the feedback |
goto the new and improved realcent: http://realcent.org |
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JerrySpringer
Penny Hoarding Member
669 Posts |
Posted - 05/02/2009 : 10:51:38
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| I read it immediately. Looks like paypal problem and no word of whether any of his coin sales were completed and golden for the buyer(s). |
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Neckro
1000+ Penny Miser Member
Saudi Arabia
2080 Posts |
Posted - 05/02/2009 : 11:49:58
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| His sales pitch is BS. He shows a morgan for 8bucks, but says in his listing you might also receive something else. |
Trolling is an art. |
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Nickelmeister
Penny Hoarding Member
Canada
588 Posts |
Posted - 05/02/2009 : 12:12:32
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quote:
Originally posted by Market Harmony
quote:
Originally posted by JerrySpringer
Can any of you figure out the angle on this auction:
You must be logged in to see this link.|65%3A1|39%3A1|240%3A1309|301%3A1|293%3A1|294%3A50
I do not know what to expect with the $10.95 sent per a lot other than 10 coins. The seller can not be making a mistake underpricing coins.
yikes! read the feedback
I've never seen such feedback in my life! LOL
Looks like most, if not all, of the "positives" are shills. |
www.WinnipegGoldBuyer.com
Standing offer for sale of quality, second-hand solid gold jewellery:
<$100 USD worth - spot +25%, plus actual shipping
$101-500 worth - spot +20%, plus actual shipping
$501-1,000 worth - spot +15%, plus actual shipping
$1,001+ worth - spot +10%, plus actual shipping |
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theo
Penny Hoarding Member
USA
588 Posts |
Posted - 05/02/2009 : 20:15:14
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quote:
Originally posted by Nickelmeister
quote:
Originally posted by Market Harmony
quote:
Originally posted by JerrySpringer
Can any of you figure out the angle on this auction:
You must be logged in to see this link.|65%3A1|39%3A1|240%3A1309|301%3A1|293%3A1|294%3A50
I do not know what to expect with the $10.95 sent per a lot other than 10 coins. The seller can not be making a mistake underpricing coins.
yikes! read the feedback
I've never seen such feedback in my life! LOL
Looks like most, if not all, of the "positives" are shills.
Agreed; I only give positive FB when I receive the coins. Also, I tend to avoid auctions that offer random lots from an "unsearched" bag of coins. Its too much of a shell game. And the fact the he's bating buyers with a picture of a Morgan, makes it worse. This guy should be reported. |
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buyingsilvers
Penny Collector Member
441 Posts |
Posted - 05/02/2009 : 20:54:42
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Premiums are coming down because supply started to catch up to demand. Might be because of the stock market rally & the (sarcasm) end of the recession (/sarcasm) dampening gold/silver buying.
But, I dont trust this rally at all, so I'm pushing ahead with copper/silver prospecting. I've been buying only gold (when I can find it cheap) since I've been accumulating maybe 100 lbs copper & 60-70 toz silver per month. Nothing like hoarding cheap copper/silver to average your cost basis down. I haven't bothered with nickels too much because I think pennies are better overall. |
Edited by - buyingsilvers on 05/02/2009 21:13:44 |
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hector6man
Penny Pincher Member
USA
129 Posts |
Posted - 05/03/2009 : 12:35:39
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| The morgan looks fake to me... |
"Ninety-nine percent of the failures come from people who have the habit of making excuses." -George Washington
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Falling Ebay Premiums
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