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These look like Geckos bars, someone is doing them too?

mkman123mkman123 Posts: 6,849 ✭✭✭✭
in Precious Metals
http://cgi.ebay.com/1-oz-Old-Pour-Loaf-999-Silver-Bar-NO-RESERVE-NEAT_W0QQitemZ320326228019QQcmdZViewItemQQptZCoins_Bullion?hash=item320326228019&_trksid=p3286.c0.m14&_trkparms=72:1205|66%3A2|65%3A12|39%3A1|240%3A1318|301%3A1|293%3A1|294%3A50

Don't these look like what Gecko is doing?

Pretty neat but I wonder if we can trust the seller? We can trust Gecko because his reputation is on the line image
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Comments

  • RedneckHBRedneckHB Posts: 20,142 ✭✭✭✭✭
    Linkified
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • SmittysSmittys Posts: 9,877 ✭✭✭✭✭
    Not sure I wanna buy a 5 ounce bar of gold from an unknown company
    I see he's selling them too
    https://www.ebay.com/str/christyscoins
  • Coll3ctorColl3ctor Posts: 3,385 ✭✭✭
    Man... those things are butt ugly image
  • JeremyDie1JeremyDie1 Posts: 2,383 ✭✭✭
    Nice find mkman. I think that auction is a perfect example that there is a market for no brand bars. I personally would not buy any of those and especially the gold.
  • mkman123mkman123 Posts: 6,849 ✭✭✭✭
    I definitely wouldn't trust any gold from a unknown maker!

    Those bars on ebay still got 15+ an oz, not bad!

    Successful Buying and Selling transactions with:

    Many members on this forum that now it cannot fit in my signature. Please ask for entire list.
  • gecko109gecko109 Posts: 8,231 ✭
    A little competition can be a healthy thing.image
  • CaptHenwayCaptHenway Posts: 33,676 ✭✭✭✭✭


    << <i>http://cgi.ebay.com/1-oz-Old-Pour-Loaf-999-Silver-Bar-NO-RESERVE-NEAT_W0QQitemZ320326228019QQcmdZViewItemQQptZCoins_Bullion?hash=item320326228019&amp;_trksid=p3286.c0.m14&amp;_trkparms=72:1205|66%3A2|65%3A12|39%3A1|240%3A1318|301%3A1|293%3A1|294%3A50

    Don't these look like what Gecko is doing?

    Pretty neat but I wonder if we can trust the seller? We can trust Gecko because his reputation is on the line image >>



    I have no problem trusting Gecko on the fineness of his bars because I know him.

    My problem as a retailer is, how do I convince a third party that the silver is good?

    TD
    Numismatist. 54 year member ANA. Former ANA Senior Authenticator. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and ANA Lifetime Achievement Award 2020. Also won the PNG's Robert Friedberg Award for "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.
  • DoubleEagle59DoubleEagle59 Posts: 8,429 ✭✭✭✭✭
    not only would I not buy them, but think of the hassle when the time comes to unload them quickly.

    You're going to take such a % hit on the total price, that it could turn out quite costly.

    Sorry, that's just the reality of the 'buy-sell' precious metals market.
    "Gold is money, and nothing else" (JP Morgan, 1912)

    "“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

    "I only golf on days that end in 'Y'" (DE59)
  • ttownttown Posts: 4,472 ✭✭✭
    Novlities, talk about a hit when it comes time to sell and you think 90% silver takes a hit when silver rises. You'd have to have silver at over $50 a ounce just to break even.
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