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Am I missing something?

PostPosted: Wed Jan 07, 2015 6:21 pm
by Rastatodd
Is the price for this bar a result of a bidding war is there some kind of rarity I don't know about. On eBay these ussually fetch between $8 and $9 with shipping adding another 5 to 6 dollars. What do you see.
http://www.k-bid.com/auction/3960/item/61?offset=61

Re: Am I missing something?

PostPosted: Wed Jan 07, 2015 11:31 pm
by Recyclersteve
I agree that this is a ridiculous price. You could have someone bidding it up for one of several reasons:

1) maybe they've never seen a copper bar before and think all copper bars are rare.
2) maybe they are working on some kind of bar set and need the year 2012; or
3) or maybe they need a bar with the Morgan dollar image stamped on it.

I don't claim to be an expert on copper bars, but I don't see anything legitimately valuable here.

And sometimes you just run into a rich person with money to burn that isn't used to losing who takes the price to a ridiculous level.