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another good one from ebay

PostPosted: Mon Apr 04, 2011 3:43 pm
by jasmatk
http://cgi.ebay.com/16-5-GN-5g-GRAM-999-PURE-FINE-SILVER-BAR-1-10-oz-ounce/220764351513?pt=LH_DefaultDomain_0&hash=item336694ac19

Im a huge fan of fractionals and I know the smaller the bar the higher the premiums but come on 70 bucks for $6.50 worth of silver the premiums to make these cant be that great.

edit:my math was a litttle off

Re: another good one from ebay

PostPosted: Mon Apr 04, 2011 4:02 pm
by highroller4321
*

Re: another good one from ebay

PostPosted: Mon Apr 04, 2011 4:06 pm
by jasmatk
16- 5 grain bars

Re: another good one from ebay

PostPosted: Mon Apr 04, 2011 4:14 pm
by jasmatk
16*5=80 grains
80/15.4=5.19grams
5.19/31.1=0.1668oz
.1668*38.63=$6.44

Re: another good one from ebay

PostPosted: Mon Apr 04, 2011 4:41 pm
by blackrabbit
This is another misleading auction for the inexperienced and hurried readers. You really have to look closely to see that they are tiny five grain bars. I hate it when sellers do this as they waste peoples time and some folks are fooled into bidding on what they thought was a much larger amount of silver.

Re: another good one from ebay

PostPosted: Tue Apr 05, 2011 12:16 am
by highroller4321
I guess my 30 seconds of reading make me look like an idiot....

Re: another good one from ebay

PostPosted: Tue Apr 05, 2011 5:29 am
by OldPeddler
How about the 1/2 and 1/4 Oz ASEs being said to be the real thing and rare? E-Bay allows these copys to be presented as a US MINT product. Had a fellow try to sell me a 1/2 OZ one for $30.00. He would not belive me when I told him it was not an ASE but a copy and worth no more than SPOT. I got out a roll of them and showed him they were not rare & I had 100 more of them to sell at $20.50 ea. He bought 5 of them and told me he was going to sell them for $30.00 ea. Good luck I told him as he went out the door.