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Prices of gold bars on eBay

JDelageJDelage Posts: 724 ✭✭
in U.S. Coin Forum
Why do they sell so much over melt?

Auction #1

Auction #2

Auction #3

Do they have collectable value? Or is it due to the fact that it's the only way to buy gold with a credit card?

JD
"The greatest productive force is human selfishness."
Robert A. Heinlein

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    StorkStork Posts: 5,208 ✭✭✭✭✭
    image
    I can't imagine anything other than people are just not thinking. Gold bars are gold bars.

    If you really want to use a credit card you can do that at apmex.com whose shipping fees are coincidentally similar to a credit card fee, and will be 'rebated' if you pay without a credit card imageimageimage. An interesting shipping fee structure there, but effectively you pay the extra 3% and get to use your card. Still beats those auctions prices!!!

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    coynclectercoynclecter Posts: 2,111
    I don't know about the first 2 but the third one says 1982 so maybe they are gonna send it in for an upgradeimage
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    mrearlygoldmrearlygold Posts: 17,862 ✭✭✭
    I like gold bars but I would never pay those kinds of premiums. I "would" pay bigger premiums for older bars thoughimage

    Coin's for sale/trade.


    Tom Pilitowski
    US Rare Coin Investments
    800-624-1870

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    MikeInFLMikeInFL Posts: 10,192 ✭✭✭✭
    Never underestimate the stupidity of e-bay bidders...Mike
    Collector of Large Cents, US Type, and modern pocket change.
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    DeadhorseDeadhorse Posts: 3,720 ✭


    << <i>Never underestimate the stupidity of e-bay bidders...Mike >>



    Exactly. Note that the one listed as coming from a "smoke-free" home sold for the most.

    Don't you just hate it when your gold coins pick up odors?

    I was frying some fish a couple of years ago and left a couple of raw gold eagles on the bar top. Now the cats won't leave them alone!!image
    "Lenin is certainly right. There is no subtler or more severe means of overturning the existing basis of society(destroy capitalism) than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and it does it in a manner which not one man in a million is able to diagnose."
    John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff

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