Opinion On Selling Silver On Ebay - Coin Community Forum

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Author	Replies: 2 / Views: 1,606
Sleaklight Pillar of the Community United States 827 Posts	Posted 11/09/2007 11:22 am I want your opinion. Is it good to place silver bars or rounds in 3 day auctions as opposed to longer auction times? With the volatility of precious metals, putting them up longer display times means your auction's value could go up and down considerably where as 1 day auction it would be subject to that day's change. Also would you attract buyers that would be willing to pay more if left longer but either way still hrut you if spot prices goes down? I got some silver in hard and have been selling some here and there and with my last auction I saw the value of the lot go from $80 to $90 while in other previous ones I've seen spot go down and the resulting closing sale price was lower than average as well. Anyway what I really am getting at, is what time period of auction is best to put silver bars and rounds at? 1 day auctions perhaps? Report this Post to the Staff

GO Moderator United States 6563 Posts	Posted 11/09/2007 12:04 pm 7 day...every time. You will get more money based solely on the fact that you are getting more of an audience. Report this Post to the Staff
halfabustisbetter Pillar of the Community United States 1984 Posts	Posted 11/09/2007 12:28 pm I agree with GO, as long as you are getting spot+ at the end and not paying more in expenses than you would if you sold to a dealer. Sometimes for me the amount of time to list exceeds what I pay in lower revenues when selling to a dealer. Report this Post to the Staff
	Replies: 2 / Views: 1,606

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