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Are grab bag sales allowed?

If I want to sell my stack of silver in lots of 5 random pieces for 92.50 each lot.. Is that type of sell allowed?

Comments

  • TomBTomB Posts: 21,399 ✭✭✭✭✭

    I know I won't be able to find it with the search feature, but in the distant past I believe there was a thread by PCGS that raffles, grab bags and the like were not allowed on the site. Regardless, I think you would likely encounter very little interest in what you are proposing.

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  • PerryHallPerryHall Posts: 46,291 ✭✭✭✭✭

    @Bcookie said:
    If I want to sell my stack of silver in lots of 5 random pieces for 92.50 each lot.. Is that type of sell allowed?

    Why are you going the grab bag route? Seems like a strange way to sell silver.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • bronco2078bronco2078 Posts: 10,254 ✭✭✭✭✭

    buyers don't want grab bags unless they are physically in the room to pick what they want.

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    I would not bid/buy on a blind offer. Have passed them up on ebay and other sites. Cheers, RickO

  • Geckster109Geckster109 Posts: 231 ✭✭✭

    Offering 5 pieces of random 1oz generic silver at a specific price point is not a "grab bag". Definitely should be allowed.

  • BaleyBaley Posts: 22,661 ✭✭✭✭✭

    He didn't say, "1 oz"

    Liberty: Parent of Science & Industry

  • Geckster109Geckster109 Posts: 231 ✭✭✭

    @Baley said:
    He didn't say, "1 oz"

    He has a stack of 119oz in 1oz pieces as observed from his other posts.

  • hchcoinhchcoin Posts: 4,829 ✭✭✭✭✭

    I think you would have more luck if you split up your stack into smaller amounts of the same thing to sell. I think selling your stack for $2,100 as a new member is going to be tough finding buyers. For example, sell your eagles in lots of 20 or less and include shipping in the price. I would be more open to buying 5 silver eagles from you than 119 ounces just because I don't want to take that big of a risk with someone who only has 48 posts and no references that I know of. I wouldn't be as interested in a grab bag either.

    Good luck :)

  • BcookieBcookie Posts: 57 ✭✭

    Lot has been sold in total.. thanks guys

  • derrybderryb Posts: 37,024 ✭✭✭✭✭

    even ebay requires that one "identify all contents of the grab bag in the listing."

    Exit bunker, enter Matrix. LOL

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