Silver bullion selling for $25+ per oz on ebay?
BlackBeard
Posts: 1,064 ✭
This auction is for 12 ounces in the form of 12 one ounce bars. The auction is not over yet and it is at $25 per bar! Even if the bidders think it is for 16 ounces, that's still $18.75 per bar. Wow, it might be time to start putting some bullion on ebay.
Witty sig line currently under construction. Thank you for your patience.
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Comments
anomoly.
the average is about 16-17 an ounce. occasional 18-20.
i am factoring in shipping of course.
1 oz bars for some reason fetch silly bids sometimes.
the bigger the lot, the less it goes for also. so 100 oz bars rarely
make it past 16 an ounce.
The $20 stuff is nuts and I've seen lots of it. ASE at $18 is the going rate -IF you get it for that.
The troy pound vs. adv. pound IS confusing to many. Buy a troy pound and get 12 troy ounces.
Buy an adv. pound of silver and get 14.5 troy ounces. Most people don't know the troy pound.
<< <i>This auction is for 12 ounces in the form of 12 one ounce bars. The auction is not over yet and it is at $25 per bar! Even if the bidders think it is for 16 ounces, that's still $18.75 per bar. Wow, it might be time to start putting some bullion on ebay. >>
I thought a pound was 16 ounces
a troy pound is 12 troy ounces