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Why are these ebay gold auctions still so high ?

Comments

  • AnkurJAnkurJ Posts: 11,370 ✭✭✭✭
    Bids placed before the cliff?
    All coins kept in bank vaults.
    PCGS Registries
    Box of 20
    SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
  • mrpaseomrpaseo Posts: 4,753 ✭✭✭
    I'm thinking not everyone is sitting in front of their computer refreshing kitco every 30 seconds...
  • bronco2078bronco2078 Posts: 10,227 ✭✭✭✭✭


    on the first link the top bids are old but on the second they are from today.



  • derrybderryb Posts: 36,825 ✭✭✭✭✭
    a lot of ebay buyers have not done their homework. All they hear is metals are a bargain right now.

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • 1Mike11Mike1 Posts: 4,416 ✭✭✭✭✭
    I sense a cancelled bid or a 14 day return policy kicking into play.
    "May the silver waves that bear you heavenward be filled with love’s whisperings"

    "A dog breaks your heart only one time and that is when they pass on". Unknown
  • jmski52jmski52 Posts: 22,863 ✭✭✭✭✭
    I sense a cancelled bid or a 14 day return policy kicking into play.

    I would bet on that.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • wdrobwdrob Posts: 153


    The main reason, I believe, is because like me they are not having to sell something to buy bread and sandwich meat. They could care less if it sells right now. I have not marked any of the remaining silver or gold I have down. Don't need to. If someone stumbles along and wants to buy it at $8.00 +/- above current spot then more power to them.

    It is getting harder to buy right now though at $2.00 over spot. Some have closed their doors to try and ride this storm out. Now it looks like they are back up with adjusted prices but no where near spot. It is just to low and they can't absorb the loss.

  • s4nys4ny Posts: 1,569 ✭✭✭
    I see generic gold coming down. A nice NGC AU58 1896-S double eagle went for
    $1625 yesterday with free shipping. After Ebay Bucks, that is $1593 net, $1560 net
    after credit card cashback.

    I am watching MS62-63 Saints for further indications.
  • s4nys4ny Posts: 1,569 ✭✭✭
    Interesting that both of those coins in the OP do not get Ebay Bucks.

    Buyers have to be careful. That 2% makes a big difference.
  • BAJJERFANBAJJERFAN Posts: 31,082 ✭✭✭✭✭
    Who pays for the eBay bucks, eBay or the seller?
    theknowitalltroll;
  • C0INB0YC0INB0Y Posts: 627 ✭✭
    EBay? , oh that's called the Physical Market. Prices will slowly adjust between sellers and buyers.

    In the paper market or COMEX, the real Buyers and Sellers are 4-5 Banksters (members of the Federal Reserve shareholders) that have formed a small Circle Jerk together, for the purposes of tricking the dumb ol' Muppets (people who don't question anything) to simply and in a panic, give up the physical gold and silver 'freely' by just watching TV news.

    Unless they really do rule the world and are* too-big-to Jail* crowd this will go on every few years until they can't get enough sellers to buy up.

    As long as Americans still have Guns, they won't win.

    The minute BEFORE the *Too-big-to Jail* crowd gets the Politicians to force gun confiscation, that's a good time to sell all your Gold and Silver and give the guns away ;> (IMHO).

    I would suggest that one uses the proceeds of the Sale to start a Meth lab like on 'Breaking Bad' or learn to play Poker professionally.
    I was ‘COINB0Y' with 4812 posts and ‘Expert Collector’ ranking (Joined in 2006).
  • BochimanBochiman Posts: 25,382 ✭✭✭✭✭


    << <i>Who pays for the eBay bucks, eBay or the seller? >>



    Seller only gets hit with "normal" ebay fees.
    They do not get hit extra for the ebay bucks; therefore, it must come from ebay (but, still from the fees already paid by the seller)

    I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment

  • UnknownUnknown
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