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$10 Gold-What Was Wrong With This Auction? (Sold For $605)

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cwb1877's Avatar
United States
1659 Posts
 Posted 07/06/2012  10:28 pm  Show Profile   Bookmark this reply Add cwb1877 to your friends list Get a Link to this Reply
It could simply be that the seller didn't do enough research and didn't realize they could have gotten more for their coin when they listed for that price. Or it could be they needed a quick sell. You never know.

I once snagged a 20-gram gold bar for under melt within less than one minute after it was listed as a Buy It Now. The seller never shipped. 11-days later, they refunded my money with a lame excuse. Basically they got an interest-free loan for 11 days.
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Silverhawk74's Avatar
United States
3670 Posts
 Posted 07/06/2012  10:33 pm  Show Profile   Bookmark this reply Add Silverhawk74 to your friends list Get a Link to this Reply
What would it have been, 850 or 900 normally, so a saving of 300 is big time in something as clear cut as PMz....

Another words one could search until they are blue in the face and never find a similar deal that turned out to really be legit, as 99% knows within 25 bucks either way the average selling price of a particular item....

Other things not so clear cut, where values can greatly vary in the eyes of different owners....

And situations like that is where one has a chance to get a special item for less then what it is generally worth....

I saw where a couple won a unique old bronze statue for 2600 on Auction kings, and it turned out to been made by a famous sculpture and the only other two known to exist were in museums and they sold it for 35k....

I would consider that a most rare home run, but again a scenario you most likely will never find on the PM hunt....

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harrison2's Avatar
Mexico
1304 Posts
 Posted 07/06/2012  11:49 pm  Show Profile   Bookmark this reply Add harrison2 to your friends list Get a Link to this Reply
ArrowsAndRays, talk about cutting to the bone, that's some good research! Made me laugh!
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