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 Replies: 13 / Views: 2,011 |
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Pillar of the Community
United States
1454 Posts |
I estimate it's worth around $6200 in toto, even with the current battered spot price being what it is. It goes in less than 24 hrs. If someone could buy this for anything under $5000, break it up, and resell it piecemeal, one would come out pretty far ahead. Maybe grossing in the range $6750-7250 range. And I think that's a fairly conservative number, though I could be off by a few hundred. A $2000 net wouldn't be an unreasonable guess, though, right. Any interest? http://www.ebay.com/itm/-/161175950..._1175wt_1021 |
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Pillar of the Community
Canada
4944 Posts |
More than I would want to spend on ebay. It should jump in price at the end. |
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Pillar of the Community
United States
2764 Posts |
Someone with good bank/card balance can try..... not me right now.
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Bedrock of the Community
Australia
21786 Posts |
Some excellent fakes of modern silver rounds (including proofs), and links showing how they can be detected, have been posted here on the CCF.
I would really want to know the track record of the seller in this case, with guaranteed refund if I could conclusively prove 'fake' on any of them.
Too much money to throw around here, without doing due diligence.
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Pillar of the Community
 United States
1454 Posts |
No idea about the seller, Sel. But isn't that where ebay shines? The buyer protection ebay offers in transactions like this. From that standpoint alone, I wouldn't hesitate. If I had $5000 lying around I'd be sorely tempted to put a bid in. That's why I brought it here. IF it goes below 5K, there's money to be made by breaking this up and reselling it individually. I wish I could afford to try. |
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Pillar of the Community
Canada
5417 Posts |
 if I had the money I'd definitely take a jab at it. |
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Pillar of the Community
United States
561 Posts |
I would buy it planning on reselling it (or at least that is what I would tell my wife) but something tells me it would never get sold.
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Pillar of the Community
Canada
1823 Posts |
I hear ya it would end up in my safe .
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Pillar of the Community
United States
1454 Posts |
The only thing I'd want would be the bars. The biggest bar I have is a Northwest Territory Mint 10 oz. silver bar I bought in 2009. Wish I'd been smart enough to buy something with a little more girth like that 100 oz. Engelhard bar back then. I found something like it in the ebay BIN for around $2600. That figure actually helped me better tabulate this micro-trove's value. I'm still tempted, but the missus wouldn't be thrilled with me. I don't need to give her a reason to come up with a new, inventive place to store the tree after the holidays.  Edited by traevin
12/18/2013 6:42 pm
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Pillar of the Community
United States
1200 Posts |
I'm nowhere near daring enough to blow multiple thousands on an ebay buy--PayPal/Ebay "Buyer Protection" notwithstanding. I prefer buying from known, reputable and trustworthy show vendors or my LCS and inspecting what I'm buying before I buy it. I'm sure there are countless stories of buyers who've spent many thousands of dollars on ebay buys, but I'm just not going there. Too many horror stories and too many knockoffs floating around for me to feel comfortable. |
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Pillar of the Community
United States
2335 Posts |
Maybe my math is wrong? Looks like right around 258 troy ounces. With spot at $20 that comes to $5160. I understand that some of those items sell for a slight premium over spot. If you sold on ebay you would have to gross almost $6000 just to break even after paying eBay/paypal fees. |
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Bedrock of the Community
13014 Posts |
Freddy if you can prove a fake on ebay it's an automatic refund regardless of what the seller says or does. In some ways there's more protection over the potential of having to argue with a seller offline, but there is going to be some aggravation involved. I wouldn't hesitate to get something like that on ebay if that's what I wanted unless the seller was in China or something like that. Of course the downside is the pictures could be juiced to look better than they are, but between ebay PayPal and your credit card you have about as much protection for getting a refund on fakes as you can get. |
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Pillar of the Community
United States
3184 Posts |
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Pillar of the Community
Canada
815 Posts |
I would have been all over that. $20.50/oz! At least half of that stuff has a $4-$6/oz premium...darn.
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Replies: 13 / Views: 2,011 |
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Posted 12/17/2013 6:59 pm
