Page 1 of 1
Is this really worth that much? eBay prices gone overbourd!
Posted:
Wed Feb 13, 2013 8:42 pmby 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
Re: Is this really worth that much? eBay prices gone overbou
Posted:
Wed Feb 13, 2013 9:26 pmby 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
Re: Is this really worth that much? eBay prices gone overbou
Posted:
Wed Feb 13, 2013 9:55 pmby 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
Re: Is this really worth that much? eBay prices gone overbou
Posted:
Wed Feb 13, 2013 10:21 pmby 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.
Re: Is this really worth that much? eBay prices gone overbou
Posted:
Wed Feb 13, 2013 10:25 pmby dakota1955
but shipping is free
Re: Is this really worth that much? eBay prices gone overbou
Posted:
Wed Feb 13, 2013 10:41 pmby TXBullion
Also doesn't mean the buyer paid ....
Re: Is this really worth that much? eBay prices gone overbou
Posted:
Wed Feb 13, 2013 11:02 pmby madman326
TXBullion wrote: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.
Re: Is this really worth that much? eBay prices gone overbou
Posted:
Wed Feb 13, 2013 11:29 pmby 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?