Thanks for the link. I never heard of this particular scam before.
Another person actually purchased these on prior auction already
http://cgi.ebay.com/ws/eBayISAPI.dll?Vi ... &viewitem=Buyer paid $1259 and actually left positive feedback of some type for this seller. From feedback tho, it might have been a buyer who realized it later & nothing ever got paid for anyway, and auction cancel done. Hard to tell for sure what happened from the Buyer Feedback.
Here is a link to a discussion I found on these things.
http://www.targetrichenvironment.net/?p=2796One comment there is likely the closest as to what a mill is and what these things really are:
If we assume that ‘Mill’ is actually short for ‘Millionth’ (of an inch), it makes far more sense. The thickness of cladding would then be 0.0001 inches (0.0025mm) – which is about normal for electro-plated items. Each side of the bar would require 1/1000 of an ounce to plate, so the whole bar would take 1/500 oz.
At current prices ($30/oz) that means that each bar contains about 6 cents worth of silver.