Is this really worth that much? eBay prices gone overbourd!

[Rastatodd]

Found this auction on eBay. Couldn't believe my eyes. Is a 5 oz. Silvertowne poured silver bar really worth $255 or is eBay auctions gone stupid crazy when it comes to overpaying for AG? I just purchased the same bar from Silvertowne with free shipping for $165.80 not so long ago. Or am I missing something.

http://www.ebay.com/itm/5-oz-SilverTown ... 2ec640ee07

[madman326]

way crazy, and the backside looks like ass on those bars. got mine awhile ago for 173 shipped and it looks nicer. might have to unload mine for a hefty profit and then buy back in. for those prices you could get 7 ozs from silvertowne

[NHsorter]

This one auction is stupid high priced, but you can't count on getting the same. Its a fluke. Look at completed sales. Those typically sell for 190-200 so after shipping & fees you really only get 165-170

[Rastatodd]

A good case of out of control bidding, possibly. Yeah that would be a $89.00 profit on my side, only if I could find someone so out of touch with reality. Well, here's hoping.

[dakota1955]

but shipping is free

[TXBullion]

Also doesn't mean the buyer paid ....

[madman326]

Also doesn't mean the buyer paid ....

good point tex, this guys buddy might be bidding it up, hoping for an idiot to come in at the end and outbid the crazy fake one.

[JerrySpringer]

Isn't this an authorized Scottsdale silver co. auction? I don't think they would employ ringers. Clearly, the online vendors have seen the secondary/tertiary market for their items get stoopid premiums on Ebay and want to get in on the action?