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These look like Geckos bars, someone is doing them too?

mkman123mkman123 Posts: 6,849 ✭✭✭✭
in Precious Metals
http://cgi.ebay.com/1-oz-Old-Pour-Loaf-999-Silver-Bar-NO-RESERVE-NEAT_W0QQitemZ320326228019QQcmdZViewItemQQptZCoins_Bullion?hash=item320326228019&_trksid=p3286.c0.m14&_trkparms=72:1205|66%3A2|65%3A12|39%3A1|240%3A1318|301%3A1|293%3A1|294%3A50

Don't these look like what Gecko is doing?

Pretty neat but I wonder if we can trust the seller? We can trust Gecko because his reputation is on the line image
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Comments

  • cohodkcohodk Posts: 19,071 ✭✭✭✭✭
    Linkified
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • SmittysSmittys Posts: 9,876 ✭✭✭✭✭
    Not sure I wanna buy a 5 ounce bar of gold from an unknown company
    I see he's selling them too
    https://www.ebay.com/str/christyscoins
  • Coll3ctorColl3ctor Posts: 3,333 ✭✭✭
    Man... those things are butt ugly image
  • JeremyDie1JeremyDie1 Posts: 2,383 ✭✭✭
    Nice find mkman. I think that auction is a perfect example that there is a market for no brand bars. I personally would not buy any of those and especially the gold.
  • mkman123mkman123 Posts: 6,849 ✭✭✭✭
    I definitely wouldn't trust any gold from a unknown maker!

    Those bars on ebay still got 15+ an oz, not bad!

    Successful Buying and Selling transactions with:

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  • gecko109gecko109 Posts: 8,231 ✭
    A little competition can be a healthy thing.image
  • CaptHenwayCaptHenway Posts: 32,093 ✭✭✭✭✭


    << <i>http://cgi.ebay.com/1-oz-Old-Pour-Loaf-999-Silver-Bar-NO-RESERVE-NEAT_W0QQitemZ320326228019QQcmdZViewItemQQptZCoins_Bullion?hash=item320326228019&amp;_trksid=p3286.c0.m14&amp;_trkparms=72:1205|66%3A2|65%3A12|39%3A1|240%3A1318|301%3A1|293%3A1|294%3A50

    Don't these look like what Gecko is doing?

    Pretty neat but I wonder if we can trust the seller? We can trust Gecko because his reputation is on the line image >>



    I have no problem trusting Gecko on the fineness of his bars because I know him.

    My problem as a retailer is, how do I convince a third party that the silver is good?

    TD
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • DoubleEagle59DoubleEagle59 Posts: 8,297 ✭✭✭✭✭
    not only would I not buy them, but think of the hassle when the time comes to unload them quickly.

    You're going to take such a % hit on the total price, that it could turn out quite costly.

    Sorry, that's just the reality of the 'buy-sell' precious metals market.
    "Gold is money, and nothing else" (JP Morgan, 1912)

    "“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

    "I only golf on days that end in 'Y'" (DE59)
  • ttownttown Posts: 4,472 ✭✭✭
    Novlities, talk about a hit when it comes time to sell and you think 90% silver takes a hit when silver rises. You'd have to have silver at over $50 a ounce just to break even.
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