Hey, c'mon. Why wouldn't I believe I'm going to get about $307 worth of gold (at today's price) for about nine bucks. I'm gonna order some, but first I've gotta call some friends so they can get in on this.
I wonder how many are sold to flea market venders. I can see them buying them and then marking up the price and then reselling them.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
@PerryHall said:
I wonder how many are sold to flea market venders. I can see them buying them and then marking up the price and then reselling them.
I don't think flea market vendors would. It's too easy to find them the next week at the same market. But I guarantee some of those Facebook, IG sellers do it. I've seen their victims come into the local shops. Why anyone thinks buying gold from an anonymous person in a parking lot is a good idea, I'll never know.
Well from looking at your screenshot, at least 567 have been sold, no telling how many buyers as some may have bought multiple bars as an inflation hedge.
97.6% positive feedback is all I need to see. I only shop 99.8% positive feedback or higher. It is by no means the only measurement, but it is an important one.
Well if you want, you can get a big discount on FB in buying Forever stamps at a huge savings.
Facebook seems to consistently turn an eye on fraudulent items posted on its site no matter how many people report it.Greed conquers common sense every time.
Wayne
The title of the sale is definitely misleading, though way down, it is listed as clad. Still, people will be (have been) scammed. If ebay does not allow these sales, it is late in eliminating the listing, it is still active. Cheers, RickO
Going by what's in the listing I don't think there's any deception. You might not like that there's stuff like this out there for sale but please explain to me what's wrong with it? There appear to be buyers who want the item.
Going by what's in the listing I don't think there's any deception. You might not like that there's stuff like this out there for sale but please explain to me what's wrong with it? There appear to be buyers who want the item.
The listing heading says "5 Gram - Gold Buffalo Bullion Bars .999 Fine 24k".
While "Clad" is mentioned quite a ways down the page, that doesn't negate the highly misleading/deceptive heading.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Going by what's in the listing I don't think there's any deception. You might not like that there's stuff like this out there for sale but please explain to me what's wrong with it? There appear to be buyers who want the item.
It's very simple--the title makes a claim that is patently false, and that's wrong by any ethical measure. Yes, a buyer should know something is amiss when they're paying $9 for 1/6oz of gold, which is worth hundreds of dollars. However, the title as written is simply not true. This isn't a case where the description adds more details to a title that is otherwise true; the description completely changes what the item is, and the title is intentionally incorrect. It's a rare case where I think both sides are wrong because buyers should know better, but the seller is absolutely at fault.
My poor old dad was duped into buying ten of these fake ASE's. It broke my heart to tell him that they were not real silver ASE's but silver plated fakes. I bought him ten real ones for his birthday, because I felt so bad for him.
Best regards, Dwayne F. Sessom Ebay ID: V-Nickel-Coins
@MFeld said: Well said, Jeremy and I don't understand how someone could say "Going by what's in the listing I don't think there's any deception."
And I am left with nothing to say except "Caveat Emptor" which has been around since before my time.
Don't misunderstand me, I'm not trying to defend the seller or excusing anything, but if buyers refuse to read things through and don't except that there's "fine print" in everything and that scams abound, than they can't really be helped. It is a symptom of the current day that everyone is a victim and I just don't accept that premise.
--- Bad seller for initially misrepresenting something that they very clearly correct farther down in the listing.
--- Bad buyers, maybe, if they think they're getting something they aren't because they didn't read the complete listing or look at both images posted.
--- Good buyers, probably, who got exactly what they thought because they read the whole listing.
--- Bad thread starter for not showing the back of the bar or the listing description.
--- Bad forum members for piling on the seller and me simply because they don't agree with everything.
--- Bad me for being the contrarian who expects people in today's world to have some responsibility for their actions.
But.....but.....did you even see "FREE SHIPPING" ?? What a savings!! And they were listed at $8.95 or BEST OFFER!! How many people got fooled by this one??? Just one, and he bought 567!!!!! Yikes~
I'd always look for various clues that what you see may not be what you expect....such as a "tribute" coin, or "covered in 100% pure ****" or priced under the melt value.
@Maywood said: @MFeld said: Well said, Jeremy and I don't understand how someone could say "Going by what's in the listing I don't think there's any deception."
And I am left with nothing to say except "Caveat Emptor" which has been around since before my time.
Don't misunderstand me, I'm not trying to defend the seller or excusing anything, but if buyers refuse to read things through and don't except that there's "fine print" in everything and that scams abound, than they can't really be helped. It is a symptom of the current day that everyone is a victim and I just don't accept that premise.
--- Bad seller for initially misrepresenting something that they very clearly correct farther down in the listing.
--- Bad buyers, maybe, if they think they're getting something they aren't because they didn't read the complete listing or look at both images posted.
--- Good buyers, probably, who got exactly what they thought because they read the whole listing.
--- Bad thread starter for not showing the back of the bar or the listing description.
--- Bad forum members for piling on the seller and me simply because they don't agree with everything.
--- Bad me for being the contrarian who expects people in today's world to have some responsibility for their actions.
I made it quite clear that I still blame the buyers here. Don't for a second believe that I don't think people should be responsible for their actions, but don't think that excuses fraudulent claims. A misleading title can be clarified in the description, and it doesn't make the seller a saint, but it gives a reason to say the buyer should read the whole description. I draw a distinction when the title is a flat-out lie; at that point, the title and description are at odds with each other, not complementary.
I'll give an example in a coin context. Let's say a seller has a coin in a PCGS Uncirculated Details/Cleaned holder. I'm okay with any of these titles, as long as the description/photos show the holder or call out that the coin is cleaned:
On the other hand, this title would be a flat-out lie:
PCGS Uncirculated Problem-Free
In the "gold bar" example, the title is the last one--it's a title that cannot be clarified with an accurate description, but could only be rendered untrue.
Just because buyers have personal responsibility doesn't give a seller carte blanche to make any claim no matter how untrue. The worse a seller, the more leeway I'll give the buyer, even if they still hold some level of fault for their situation.
@logger7 said:
I'd always look for various clues that what you see may not be what you expect....such as a "tribute" coin, or "covered in 100% pure ****" or priced under the melt value.
Now that you mentioned it, I haven't seen those commercials in a while.
"These 'coins' are clad or layered with 50mg of 24k gold!"
That's 1/16 of a 800mg motrin pill in gold.
Throw a coin enough times, and suppose one day it lands on its edge.
Just found one on FB. An ad with an amazing price. They don't even look real.
$45 and over two thousand sold? Yikes! I wouldn't touch this with a 10 foot pole.
Comments
Sadly, too many.....
Paper money eventually returns to its intrinsic value. Zero. Voltaire. Ebay coinbowlllc
Gold Clad is an oxymoron. A tricky was of saying gold plated. worthless junk!
Hey, c'mon. Why wouldn't I believe I'm going to get about $307 worth of gold (at today's price) for about nine bucks. I'm gonna order some, but first I've gotta call some friends so they can get in on this.
Coinlearner, Ahrensdad, Nolawyer, RG, coinlieutenant, Yorkshireman, lordmarcovan, Soldi, masscrew, JimTyler, Relaxn, jclovescoins
Now listen boy, I'm tryin' to teach you sumthin' . . . . that ain't no optical illusion, it only looks like an optical illusion.
My mind reader refuses to charge me....
Anyone fooled by that deserves it.
What JM said.
🎶 shout shout, let it all out 🎶
Hmmm…
Maybe, but there's no denying that the item title is intentionally misleading and morally questionable.
Collector, occasional seller
Oh, I'm not defending the listing. But if you jump on that, it's greed clouding your judgment... and stopping you from reading the details.
When don't you?
Ebay does not allow plated gold bars/coins.
report them if it's on ebay.
bob
Good bait for a fool.
I wonder how many are sold to flea market venders. I can see them buying them and then marking up the price and then reselling them.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
I don't think flea market vendors would. It's too easy to find them the next week at the same market. But I guarantee some of those Facebook, IG sellers do it. I've seen their victims come into the local shops. Why anyone thinks buying gold from an anonymous person in a parking lot is a good idea, I'll never know.
Well from looking at your screenshot, at least 567 have been sold, no telling how many buyers as some may have bought multiple bars as an inflation hedge.
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
97.6% positive feedback is all I need to see. I only shop 99.8% positive feedback or higher. It is by no means the only measurement, but it is an important one.
Well if you want, you can get a big discount on FB in buying Forever stamps at a huge savings.
Facebook seems to consistently turn an eye on fraudulent items posted on its site no matter how many people report it.Greed conquers common sense every time.
Wayne
Kennedys are my quest...
I’m a self-proclaimed expert. No one fools me, not even paid experts.
The title of the sale is definitely misleading, though way down, it is listed as clad. Still, people will be (have been) scammed. If ebay does not allow these sales, it is late in eliminating the listing, it is still active. Cheers, RickO
Is Ersatz in Europe?
Morally?
HAH!
There's less of that around now than there ever was.
Pete
It seems to me that people here "get fooled" by what's in the OP into thinking something wrong is being done. Here's a link:
https://ebay.com/itm/295457906993?hash=item44caa9e131:g:EpIAAOSwC5Rj5uZ-&amdata=enc%3AAQAHAAAA8BmViZ1IY8eitlLiQkVYR4Ow9Xp8XCAXx6mxoklzBf%2Friz%2FjLQQX3h%2FuSUI9AbW9X%2BVNT0VxIGE%2BMuAlMjrWuUyZME5sKNKclSe13%2Fy2XYlev8f1WyJ4ezkMPzV2Rimh6FfPflkl95%2BpoGKGEIGhdhCDGPFjL1sQzsela8mYcR3QbOFhm34Alqer%2BzR7o1vDEv2pJEs08gUt3cVtwO8HCfrsWh4sXuzueecoUh7mkcMG92X5oyBlY64w5UVTIOGf9jw1mLBVVT%2FDVqCosp29laVc65P8O82apwtrYTfRVNZW3cQpj7feZZkTUrEOPsID4A%3D%3D%7Ctkp%3ABFBMzLqdldxh
Going by what's in the listing I don't think there's any deception. You might not like that there's stuff like this out there for sale but please explain to me what's wrong with it? There appear to be buyers who want the item.
The listing heading says "5 Gram - Gold Buffalo Bullion Bars .999 Fine 24k".
While "Clad" is mentioned quite a ways down the page, that doesn't negate the highly misleading/deceptive heading.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
It's very simple--the title makes a claim that is patently false, and that's wrong by any ethical measure. Yes, a buyer should know something is amiss when they're paying $9 for 1/6oz of gold, which is worth hundreds of dollars. However, the title as written is simply not true. This isn't a case where the description adds more details to a title that is otherwise true; the description completely changes what the item is, and the title is intentionally incorrect. It's a rare case where I think both sides are wrong because buyers should know better, but the seller is absolutely at fault.
Well said, Jeremy and I don't understand how someone could say "Going by what's in the listing I don't think there's any deception."
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Duplicate post deleted
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Like V-Box?
I'm kidding. Its enticing and very prevalent, TV adds for gold plated buffalo coins etc.
Very aesthetic presentation.
Delete, wrong thread
Founder- Peak Rarities
Website
Instagram
Facebook
My poor old dad was duped into buying ten of these fake ASE's. It broke my heart to tell him that they were not real silver ASE's but silver plated fakes. I bought him ten real ones for his birthday, because I felt so bad for him.
Dwayne F. Sessom
Ebay ID: V-Nickel-Coins
@MFeld said: Well said, Jeremy and I don't understand how someone could say "Going by what's in the listing I don't think there's any deception."
And I am left with nothing to say except "Caveat Emptor" which has been around since before my time.
Don't misunderstand me, I'm not trying to defend the seller or excusing anything, but if buyers refuse to read things through and don't except that there's "fine print" in everything and that scams abound, than they can't really be helped. It is a symptom of the current day that everyone is a victim and I just don't accept that premise.
--- Bad seller for initially misrepresenting something that they very clearly correct farther down in the listing.
--- Bad buyers, maybe, if they think they're getting something they aren't because they didn't read the complete listing or look at both images posted.
--- Good buyers, probably, who got exactly what they thought because they read the whole listing.
--- Bad thread starter for not showing the back of the bar or the listing description.
--- Bad forum members for piling on the seller and me simply because they don't agree with everything.
--- Bad me for being the contrarian who expects people in today's world to have some responsibility for their actions.
But.....but.....did you even see "FREE SHIPPING" ?? What a savings!! And they were listed at $8.95 or BEST OFFER!! How many people got fooled by this one??? Just one, and he bought 567!!!!! Yikes~
I'd always look for various clues that what you see may not be what you expect....such as a "tribute" coin, or "covered in 100% pure ****" or priced under the melt value.
I made it quite clear that I still blame the buyers here. Don't for a second believe that I don't think people should be responsible for their actions, but don't think that excuses fraudulent claims. A misleading title can be clarified in the description, and it doesn't make the seller a saint, but it gives a reason to say the buyer should read the whole description. I draw a distinction when the title is a flat-out lie; at that point, the title and description are at odds with each other, not complementary.
I'll give an example in a coin context. Let's say a seller has a coin in a PCGS Uncirculated Details/Cleaned holder. I'm okay with any of these titles, as long as the description/photos show the holder or call out that the coin is cleaned:
PCGS Uncirculated
PCGS Uncirculated Details
PCGS Uncirculated Details/Cleaned
PCGS Uncirculated/Cleaned
PCGS Cleaned
On the other hand, this title would be a flat-out lie:
PCGS Uncirculated Problem-Free
In the "gold bar" example, the title is the last one--it's a title that cannot be clarified with an accurate description, but could only be rendered untrue.
Just because buyers have personal responsibility doesn't give a seller carte blanche to make any claim no matter how untrue. The worse a seller, the more leeway I'll give the buyer, even if they still hold some level of fault for their situation.
Now that you mentioned it, I haven't seen those commercials in a while.
"These 'coins' are clad or layered with 50mg of 24k gold!"
That's 1/16 of a 800mg motrin pill in gold.
Throw a coin enough times, and suppose one day it lands on its edge.
Just found one on FB. An ad with an amazing price. They don't even look real.

$45 and over two thousand sold? Yikes! I wouldn't touch this with a 10 foot pole.
Chinese garbage.