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$950 s/h each for 5 1oz gold bars?

CoinHuskerCoinHusker Posts: 5,033 ✭✭✭
in Precious Metals
BIN $39.95 S/H $950

Any guesses this guy is trying to avoid fees? image
ebay auction
Collecting coins, medals and currency featuring "The Sower"

Comments

  • WeissWeiss Posts: 9,941 ✭✭✭✭✭
    His two most recently ended auctions:

    10 oz Pan Am silver bars. $9.95 plus $160 shipping

    Krugerrands. $79 plus $1000 shipping.

    Nobody puts a gun to your head and makes you sell on eBay. For all its warts, eBay offers a very clean, easy transaction with unlimited buyers ready to pay market price. You don't want to pay the fees you've agreed to as an eBay member, don't sell on eBay.

    Avoiding fees like that is theft.
    We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
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  • fcfc Posts: 12,793 ✭✭✭
    it is a sign to me that ebay fees are so high now days that selling most
    items fair and square with narrow margins is a recipe for a loss.

    buy 10 ounces of silver for 140. sell 10 ounces of silver at 160. break even
    once ebay and paypal are done with you. Yet silver has gone up two dollars
    per ounce. terrible way to try to make money or to sell silver with such low
    premiums.
  • OPAOPA Posts: 17,118 ✭✭✭✭✭


    << <i>it is a sign to me that ebay fees are so high now days that selling most
    items fair and square with narrow margins is a recipe for a loss.

    buy 10 ounces of silver for 140. sell 10 ounces of silver at 160. break even
    once ebay and paypal are done with you. Yet silver has gone up two dollars
    per ounce. terrible way to try to make money or to sell silver with such low
    premiums. >>



    FC .. it's apparent that this seller is avoiding his fees. BTW you are exaggerating the eBay fees
    on a $160 sale via regular auction style.....Listing Fee: $.15 .... FVF.......$6.91 Total eBay fees: $7.06......PayPal Fees $4.94...Total eBay & PayPal fees: $12

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • mrpotatoheaddmrpotatoheadd Posts: 7,576 ✭✭


    << <i>BTW you are exaggerating the eBay fees on a $160 sale via regular auction style.....Listing Fee: $.15 .... FVF.......$6.91 Total eBay fees: $7.06......PayPal Fees $4.94...Total eBay & PayPal fees: $12 >>

    The listing being discussed isn't a regular auction listing- it's fixed price. And the fees for that on a $160 sale would be $12.95 for eBay and $4.94 for PayPal (assuming free shipping- otherwise the PayPal fee would be higher) for a total of $17.89, which would be in the ballpark for fc's "buy 10 ounces of silver for 140. sell 10 ounces of silver at 160. break even once ebay and paypal are done with you" comment.
  • JackrabbitJackrabbit Posts: 266 ✭✭
    To bad I don't live next door to the guy... I'd buy them and save him the shipping fees... Would that work?
  • carscars Posts: 1,904
    Should buy them and ask for combined shipping. Reported
    Its all relative
  • carscars Posts: 1,904
    I sent the seller an email telling him I reported him for fee avoidance and to play by the rules like the rest of us. Here is the response I received:
    "Thanks for the response and very sorry you were so offended. I
    selling my gold and silver for a surgery for my little girl. Hope you
    can bare with my plight for as much cash as possible. Leon "


    - leonsteam77
    Its all relative
  • RBinTexRBinTex Posts: 4,328 ✭
    eBay should have a different fee structure for bullion. Absent that, they are gouging.
  • coynclectercoynclecter Posts: 2,111


    << <i> sent the seller an email telling him I reported him for fee avoidance and to play by the rules like the rest of us. Here is the response I received:"Thanks for the response and very sorry you were so offended. I
    selling my gold and silver for a surgery for my little girl. Hope you
    can bare with my plight for as much cash as possible. Leon "

    >>


    surgery for my little girl

    Thats a laugh, why doesnt he just be honest and say he want to avoid the ever increasing ripoff fees that Ebay has screwed us with ever since we, the buyers/sellers have made the company a success.

    BTW your "play by the rules" is a laugh. He is playing by the rules, he just found a loophole that can save him a few bucks, if they allow it.
  • carscars Posts: 1,904
    He is clearly violating the excessive shipping "rule" &/or the fee circumvention "rule".
    Its all relative
  • MJPHELANMJPHELAN Posts: 780 ✭✭✭
    I would tell him I live in his town and ask him if I could pick up the item and skip the shipping.
    Mark
  • WingsruleWingsrule Posts: 3,009 ✭✭✭✭
    Must be a long surgery - he was selling using that same method back in March.
  • CoinHuskerCoinHusker Posts: 5,033 ✭✭✭
    I'm surprised his auctions haven't been yanked yet. image
    Collecting coins, medals and currency featuring "The Sower"
  • OPAOPA Posts: 17,118 ✭✭✭✭✭


    << <i>I'm surprised his auctions haven't been yanked yet. image >>



    Likewise ... I guess the eBay Paid "coin police" was part of their downsizing. BTW the shipping & handling fee has been reduced to $920.00 same BIN $39.00
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • dohdoh Posts: 6,457 ✭✭✭
    It's gone now...he's selling his old car for the surgery now
    Positive BST transactions with: too many names to list! 36 at last count.
  • carscars Posts: 1,904
    Here's another one
    Its all relative
  • WingsruleWingsrule Posts: 3,009 ✭✭✭✭
    Reported...twice
  • OPAOPA Posts: 17,118 ✭✭✭✭✭


    << <i>Here's another one >>




    He's seen the evil of his ways...(eBay must have slapped his hands)....
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • hammered54hammered54 Posts: 750 ✭✭✭


    << <i>I sent the seller an email telling him I reported him for fee avoidance and to play by the rules like the rest of us. Here is the response I received:
    "Thanks for the response and very sorry you were so offended. I
    selling my gold and silver for a surgery for my little girl. Hope you
    can bare with my plight for as much cash as possible. Leon "


    - leonsteam77 >>



    why does it bother you so much? is he trying to rip " you" off. let it go.
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  • BBNBBN Posts: 3,761 ✭✭✭
    screw ebay's fees. It's bad enough that they drain any profit off of excessive fees then they double slam you by forcing sellers to accept payal.

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