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All Forums Category: General Numismatic Forums Forum: Precious Metals and Bullion - Gold, Silver, Copper, Platinum

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ProfLiz
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373 Posts
 Posted 04/13/2013  12:33 am Show Profile   Bookmark this topic Add ProfLiz to your friends list Get a Link to this Message Number of Subscribers
ebay put this on my home screen, as an example of "What's Hot":

(Offsite URL shortening not allowed-1) /ck6vpe3

Am I missing something? In a competitive auction (35 bids), someone bought a 12oz Panda for just over half of spot?

That is hot - but not in the way ebay wants me to think. Sure convinces me not to sell bullion in a competitive ebay auction!

Maybe makes me want to bid, though...
starbuxinvestor
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 Posted 04/13/2013  12:37 am  Show Profile   Bookmark this reply Add starbuxinvestor to your friends list Get a Link to this Reply
I assume what's hot is aimed at attracting buyers which in turn would increase average selling prices which would then attract sellers. Just a guess.
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basebal21
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 Posted 04/13/2013  01:06 am  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
Sure convinces me not to sell bullion in a competitive ebay auction!


Buy it now listings are best for bullion coins and ebay imo just because the sight is so flooded with bullion products you never know whats going to happen
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lincsus
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 Posted 04/13/2013  12:45 pm  Show Profile   Bookmark this reply Add lincsus to your friends list Get a Link to this Reply
Most of the times, bullion sells for a decent price on ebay. But every once in a while, an auction will go less than spot. For a merchant with hundreds of auctions, a few lower auctions will not make any difference. But if you have just a couple of auctions, makes more sense to list it as 'buy it now' or in auction, start the auction at the minimum you want.
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All Forums Category: General Numismatic Forums Forum: Precious Metals and Bullion - Gold, Silver, Copper, Platinum



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