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 Replies: 18 / Views: 7,055 |
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Valued Member
United States
315 Posts |
Closest I've come is used watches, but I'm not 100% positive because I wasn't able to take out the crystal and movement. There's a few on ebay, but after delivery charges, it's over spot again. I've tried searching coin rolls, with no luck so far. Any tips? |
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Pillar of the Community
Japan
666 Posts |
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Pillar of the Community
United States
2661 Posts |
If you look around really hard on ebay you can find a few good below spot buys if the seller offers free or combined shipping. It is going to take a lot of time to do this and I recommend that you also use a sniper program so your bid will not be run up by others or the seller. |
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Pillar of the Community
United States
1200 Posts |
It's out there and can be found by the diligent, persistent hunter, but... When buying PM's for >spot prices on ebay, the odds of your getting ripped off JET from unsettling to astronomical in the blink of an eye. "If it looks too good to be true, it probably is" as the old saying goes... Buying PM's for >spot on ebay is a game for only the most experienced and daring players but if you just have to play that game, at least be sure to pay for whatever you buy with a CC via PayPal. At least that way your'll be maximizing whatever "protection" you have. Best of luck! |
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Pillar of the Community
United States
1391 Posts |
I find silver below spot quite often. However, what I find is coins in the junk box that got missed by others. Occasionally I find something privately. I've got a few silver coins from circulation (I think 3?). I got a good deal on ebay one time that had a bunch of foreign silver (around 40 oz.) that was a little under spot, I assume because people didn't know most the coins were silver. Add it all together it is not that much. It all depends on how much time you want to spend. I came to the conclusion that I don't want to spend all my free time trying to save a little bit of money and constantly deal hunting. So I am willing to spend some extra over spot for my own free time. |
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Pillar of the Community
 United States
4591 Posts |
Also, FWIW, many gold/silver buyers won't touch less than 0.900 silver or 14kt gold because they get hit with additional fees from the refiner. Or even 18kt white gold. Some will, but that's something else you need to factor into your quest.
-----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/ |
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Valued Member
 United States
315 Posts |
Im tracking ebay now, and it seems like when silver is put up for less than spot, there is a hidden reserve. On several items so far, I've see them reposted when the winning bid was below spot. It is possible they had two of the same item, but the picture is identical too. Edited by Superhal
10/06/2013 4:36 pm
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Valued Member
United States
315 Posts |
Ok, add sterling silverware to the list.
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Pillar of the Community
United States
4333 Posts |
Even tho I've found thousands of silvers at face value over the last few years, I've bought a lot also, and can't remember ever buying below spot, even from unknowing individuals, in which I always paid spot or more.
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
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Pillar of the Community
United States
3789 Posts |
Yes you can. Get a futures contract and accept delivery.
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New Member
United States
16 Posts |
I used to comb ebay for cheap poorly listed bullion items (foreign coins, rings, etc). Problem is it's just not worth the time in most cases. The amount of time spent isn't worth the savings in my opinion. |
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Valued Member
United States
315 Posts |
Im going to check Walmart this week. Without my scale, some of their 14k earrings might be under spot. |
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New Member
United States
16 Posts |
Interesting idea Superhal, look forward to seeing your results.
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Valued Member
United States
315 Posts |
Walmart was a bust, I weight about five items, most of them were hollow. It came out to around 80/gram on 14k, worse than a regular jeweler.
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New Member
United States
16 Posts |
A while ago I bought a gold ring on ebay that was hollow (could'nt tell by the horrible picture), was my first experience with hollow jewelry. Learned my lesson :) |
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Valued Member
United States
315 Posts |
Add scrap jewelry. Yeah, it seems to be a lot about research. There's very little 24k or .999 available at spot, but at 14k and 10k, it increases a lot. I found a few places under spot actually.
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Replies: 18 / Views: 7,055 |
Posted 10/06/2013 06:25 am
