Gold Buffalo-- E-Bay Bidiots Out Of Control

JazzmanJAB

I like the gold buffalos. I was watching this 2008 bullion and couldn't believe how high the bidding went.
They must have thought it was W-mint marked.
Wrong Picture for description also.

WOW

Bidiots What a Battle !

Too Funny.

Barndog

"not as described" if a W mint mark doesn't show up. PayPal will refund to buyer

Spooly

"In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. ... This is the shabby secret of the welfare statists' tirades against gold. Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists' antagonism toward the gold standard." -Allan Greenspan



Does any know if that quote is real?

TwoSides2aCoin

Some people have more cash than education. I don't know how that happens.

jmski52

Yes, it's real. Greenspan made that comment in 1966 or so. He used to be a goldbug when he came on Wall Street Week with Louis Rukeyser in the early '70s. Then, he got drafted for more "important" work.

Regarding the Gold Buff auction, that seller is engaged in deceptive advertising and should be banned from ebay. Although technically the Gold Buffs are minted at West Point, he is heavily implying that the coin has the rare "W" mintmark, when it does not.

Barndog

more discourse on gold can be found in Greenspan's book: The Age of Turbulence: Adventures in a New World

I like Ron Paul's writings on the subject

Mockingjay

The seller does not seem to focus on coins or bullion. His other items are all over the map. I figure he is just copying his description without a full understanding of what he is selling. As for the bidders, the last two have some low feedback. Could be a clue.

NPD1078

Looks like someone was just running this auction up.... This looks more like the lagit offer....Member Id: n***n( 119) US $1,992.10 Jan-31-12 18:02:57 PST


v***3( 8 ) US $4,250.00 Feb-08-12 16:46:42 PST
Member Id: g***1( 0 ) US $4,200.00 Feb-08-12 18:14:57 PST
Member Id: g***1( 0 ) US $4,000.00 Feb-08-12 18:08:54 PST
Member Id: g***1( 0 ) US $3,850.00 Feb-08-12 18:07:30 PST
Member Id: g***1( 0 ) US $3,700.00 Feb-08-12 18:06:22 PST
Member Id: g***1( 0 ) US $3,500.00 Feb-08-12 18:03:34 PST
Member Id: g***1( 0 ) US $3,200.00 Feb-08-12 07:52:22 PST
Member Id: v***3( 8 ) US $3,000.00 Feb-06-12 07:43:11 PST
Member Id: g***1( 0 ) US $3,000.00 Feb-08-12 07:51:44 PST
Member Id: g***1( 0 ) US $2,900.00 Feb-08-12 07:51:07 PST
Member Id: g***1( 0 ) US $2,800.00 Feb-08-12 07:43:46 PST
Member Id: g***1( 0 ) US $2,700.00 Feb-07-12 22:37:42 PST
Member Id: g***1( 0 ) US $2,250.00 Feb-07-12 22:37:06 PST
Member Id: g***1( 0 ) US $2,200.00 Feb-06-12 10:13:23 PST
Member Id: g***1( 0 ) US $2,150.00 Feb-06-12 10:11:59 PST
Member Id: g***1( 0 ) US $2,100.00 Feb-06-12 10:10:49 PST
Member Id: g***1( 0 ) US $2,042.10 Feb-06-12 10:09:26 PST
Member Id: n***n( 119) US $1,992.10 Jan-31-12 18:02:57 PST

notwilight

<< <i>"not as described" if a W mint mark doesn't show up. PayPal will refund to buyer >>



Auction says nothing about a W mintmark. All buffalos are minted at West Point. I'm not sure this is a real sale. --Jerry

oldhobo

Two bidiots and a shill

ricko

I wonder if the underbidder wants to buy one of my Buffs for his bid? Cheers, RickO

NPD1078

<< <i>Two bidiots and a shill >>

Raufus

Says '08 yet '11 in the pic?

What fools would bid on this? Why don't such fools ever drive up my auctions like that :-)

Raufus

<< <i>I wonder if the underbidder wants to buy one of my Buffs for his bid? Cheers, RickO >>

Goldbully

Is anyone reporting this slimeball?
I'm not an eBay seller, so I have no clout!

BTW, here's my non-bullion 2008-W Gold Buffalo graded PR70DCAM.....PCGS Price Guide: $4500.00

....notice that little 'W' Mint mark on the obverse!



I do NOT accept bidiots, if I was ever to sell......

MilesWaits

OK. Thanks much Bully as I am now blind! Damn Buffalo gold beauty photos of yours do it nearly every time.

I pity the fools. But it does remind me why I love all my GLD Buffaloes; even the lowly non-W's.

Miles

Goldbully

<< <i>OK. Thanks much Bully as I am now blind! Damn Buffalo gold beauty photos of yours do it nearly every time.

I pity the fools. But it does remind me why I love all my GLD Buffaloes; even the lowly non-W's.

Miles >>



I too, pity the fools that fell for that bullion Buff!!! Miles, I know you must have some cool shades for your eyes when confronted with shiny gold buffalo's with those darn 'W's' stamped on them!!!