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Great Nickel Deal on Ebay, way below spot
Posted:
Mon Oct 01, 2012 5:36 pmby camtender
New eBay seller has 99% nickel for $7.00 a pound with $5.35 shipping. The shipping is a fixed cost, order 30 pounds and your cost per pound is $7.18.
All this assuming the product is .99 nickel............
http://www.ebay.com/itm/1-POUND-999-NIC ... 2575103a7e
Re: Great Nickel Deal on Ebay, way below spot
Posted:
Mon Oct 01, 2012 5:49 pmby creshka46
Hmm... If you were to order some, how could you tell if it was really nickel, it could just as easily be stainless steel, no?
Re: Great Nickel Deal on Ebay, way below spot
Posted:
Mon Oct 01, 2012 5:50 pmby camtender
That is my question? Anyone know?
Re: Great Nickel Deal on Ebay, way below spot
Posted:
Mon Oct 01, 2012 7:18 pmby barrytrot
Right, how do you tell if it's real?
They look neat though
Re: Great Nickel Deal on Ebay, way below spot
Posted:
Mon Oct 01, 2012 7:28 pmby Engineer
camtender wrote:That is my question? Anyone know?
Specific gravity would be the easiest test. Other than that, there's XRF, hardness and (electro) chemical testing.
Microwaving one of the balls in salt water or h202 also comes to mind. If it's magnetic stainless you can make it rust if you try hard enough.
Re: Great Nickel Deal on Ebay, way below spot
Posted:
Mon Oct 01, 2012 7:29 pmby natsb88
I bought the rest. I'll send some off to be tested. If it's not .999 nickel, I'm sure I'll get my money back from eBay.
Re: Great Nickel Deal on Ebay, way below spot
Posted:
Mon Oct 01, 2012 7:38 pmby camtender
natsb88 wrote:I bought the rest. I'll send some off to be tested. If it's not .999 nickel, I'm sure I'll get my money back from eBay.
Nate, I got 40 pounds. I will split the analysis cost with you if you can give me a copy of the results. I will PM you.
Re: Great Nickel Deal on Ebay, way below spot
Posted:
Mon Oct 01, 2012 7:43 pmby NHsorter
Wow, great deal if that is real. Nice snag.
Re: Great Nickel Deal on Ebay, way below spot
Posted:
Mon Oct 01, 2012 8:32 pmby barrytrot
A good example why BUYING off eBay is a GOOD IDEA!
Total buyer protection makes taking a small leap totally worth it.
Re: Great Nickel Deal on Ebay, way below spot
Posted:
Mon Oct 01, 2012 8:56 pmby ZenOps
Its actually pretty tough to determine the difference between a Iron cored nickel and a pure nickel. IMO, its right up there with trying to determine the difference between a tungsten filled gold bar and a pure gold bar.
Density is your best bet, pure nickels are denser than iron nickels. Pure 4.54 gram nickels are 1.7 mm wide, the "iron cored" nickels are 1.76 mm wide and weigh only 3.95 grams.
Re: Great Nickel Deal on Ebay, way below spot
Posted:
Mon Oct 01, 2012 9:25 pmby camtender
I asked the seller for supporting documentation on the .999 lot, we will see what we get...............
Also, he had the price at $12 and one pound did sell about a month ago.
Re: Great Nickel Deal on Ebay, way below spot
Posted:
Tue Oct 02, 2012 5:16 pmby joeinnj
Re: Great Nickel Deal on Ebay, way below spot
Posted:
Tue Oct 02, 2012 5:20 pmby barrytrot
joeinnj wrote:http://www.ebay.com/itm/320993639647?ssPageName=STRK:MESELX:IT&_trksid=p3984.m1555.l2649
Not a terrible deal, but WAY above spot.
Re: Great Nickel Deal on Ebay, way below spot
Posted:
Tue Oct 02, 2012 5:21 pmby natsb88
joeinnj wrote:http://www.ebay.com/itm/320993639647?ssPageName=STRK:MESELX:IT&_trksid=p3984.m1555.l2649
Don't think that qualifies as "way below spot." $8.25 + $4.65 ship for 0.52 pounds = $24.81 per pound, nearly three times the spot price.
Re: Great Nickel Deal on Ebay, way below spot
Posted:
Tue Oct 02, 2012 9:48 pmby mrrosado
natsb88 wrote:joeinnj wrote:http://www.ebay.com/itm/320993639647?ssPageName=STRK:MESELX:IT&_trksid=p3984.m1555.l2649
Don't think that qualifies as "way below spot." $8.25 + $4.65 ship for 0.52 pounds = $24.81 per pound, nearly three times the spot price.
The thread began with
http://www.ebay.com/itm/1-POUND-999-NIC%20...%202575103a7eThat one was sold for $7 plus $5.35 shipping. I hope you guys got real stuff please let us know.