Ebay Silver, Well Over Market Value? What About Platinum?

Most of my precious metal purchases have come from other members from this site. I have score some real good deals from the kindness of other CCF members. I as well have been watching ebay and the premiums that say 90% US junk are going for is out of this world. If you buy on ebay, its like how high of a premium can you withstand. I myself am on the sidelines when it comes to acquiring my pm from ebay. Buy from fellow members first if at all possible.

ebay seems to br way overpriced on alot of the silver there right now. I saw a bunch in the $37-$41 per ounce range. No bids of course.

ebay dealers have to cover shipping sometimes when offered for free, and ebay and pay-pal fees, so no choice but to mark it higher, or eventually loose your shirt. Just is what it is....

When I buy local, I have to pay sales tax. But it is like a convenient store, as the name itself explains why everything is a bit more then what you would get at Myers or Wal-mart. Via the convenience of it. ebay is not really convenient, but for many in area's minus a good coin shop, it is their only option, and we have seen them list that fact here in the past....

Good luck finding any god deals on Platinum, and let me know where you can find it, lol....

Provident is cleaned out of Plat last I looked, minus the platypus 1 oz. round, which is marked real nice right now, bargain IMO....

Stick with pure silver is what I do, and higher proofs and quality items. Yeah it costs more, but it sales for more. So who cares, dead cancel out as far as I am concerned. And good luck moving average 90% or basic bars on ebay with all the comp and not take a lose. Another-words make you stash unique, one of a kind sells....

1.Lunar silver is sought after....
2.Britannia's are sought after....
3.ASE's sought after....
4.Canadian maples and animal series, sought after....
5.Watch out for the Panda's sought after as they are, too many fakes out there....

Lastly, I love me some silver bars. Monarch tombstone's are about my favs, or Englehards, or Scottsdale. Sealed up tight, nice and tone free. And free of touch of damaging finger prints, even though the old Monarch pours or Englehards are rarely ever sealed, if ever at all.....

Old pour bars command some re-dunk-u-lous premiums on ebay, just make sure they are from a dealer with 1000's of positive feed-backs, and that the bars are all stamped and marked .999 and made by a reputable company, etc....

I must say I really like those CARDED silver bars, via the PAMP Suisse Cornucopia and Lunar dragon bar these days. Absolutely beautiful, both of those bars are. And I just love the Swiss bars and their designs. Premiums on those command two an three times spot all day, just do a search for 50 or 100 gram version on ebay....

Personally ebay is good for old things that you really want. ebay is good for those things that are new and everyone wants. ebay has been great for me getting rid of junk at a better price than I could get anywhere else.

Coins & silver - always a better deal somewhere else. Now if your impatient ebay is your place to shop. You can usually get what you want when you want it just by paying more than you should.

So where do I find most of me deals? Never on ebay. However I am never in a hurry to get what I want.

I agree with those who say the physical market is a more reliable reflection of true demand than the routinely manipulated digital market. Measuring the physical price by the virtual price is a case of the tail wagging the dog, in my opnion. That said, the liquidity of the physical market, especially if you're talking only about e-bay, pales in comparison to the liquidity of the digital market, which enjoys much higher volume, virtually no premiums, and a much closer spread between bid and ask.

Indeed so. Fact is, bidding on something is pretty much the essence of capitalism. If something has value to someone, they will bid on it and possibly push the price higher than its "actual" value. This is not a problem, really, but a basic price discovery mechanism. If a potential buyer is bidding and the price goes above what s/he thinks it is worth, they stop bidding and someone else ends up buying it at a higher price. This does not make the higher price "wrong" or "too high". Bidders have a value in mind and are willing to pay that amount. If what you are willing to pay is higher than what I am willing to pay, you get it and I keep looking. Both of us should be satisfied with the result. If not, then either you bid too long and / or I didn't bid long enough.