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5 Oz Gold Bar Cheap Is It Fake ?

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Author Previous TopicReplies: 10 / Views: 2,520Next Topic  
Pillar of the Community
T1Steel's Avatar
Canada
623 Posts
 Posted 03/05/2017  08:45 am Show Profile   Bookmark this topic Add T1Steel to your friends list Get a Link to this Message Number of Subscribers
I am guessing the old saying too good to be true holds here. 14 day returns. Only 2 feedback.Help me understand these listings. Seller has two listings. One free shipping, one $3000.00 shipping.

112323761595
112323761002
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jasper62's Avatar
United States
2189 Posts
 Posted 03/05/2017  08:55 am  Show Profile   Bookmark this reply Add jasper62 to your friends list Get a Link to this Reply
Look at the shipping charge for both items
$2459.00 and $372.72 for the other
Edited by jasper62
03/05/2017 08:58 am
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T1Steel's Avatar
Canada
623 Posts
 Posted 03/05/2017  08:58 am  Show Profile   Bookmark this reply Add T1Steel to your friends list Get a Link to this Reply
The bottom listing says free shipping. Also shipped from outside Canada, but he is from BC, Canada. I am on ebay.ca.
Edited by T1Steel
03/05/2017 09:02 am
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oriole's Avatar
Canada
5246 Posts
 Posted 03/05/2017  10:30 am  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply
There are so many red flags here, these being 3 of them:

1. Same serial number for 2 different items.
2. Ludicrous shipping charge for one.
3. There is a large coin store near him which would buy a real 5 oz bar for $7500 or so. Why risk a big loss by starting so low?

There are more than enough suspicious things about this to give it a very wide berth.
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aristarchus123's Avatar
United States
1695 Posts
 Posted 03/05/2017  1:06 pm  Show Profile   Bookmark this reply Add aristarchus123 to your friends list Get a Link to this Reply

Quote:
14 day returns


Perhaps you will only get refunded the purchase price, but not the shipping/handling.
New Member
silverstackparamedic's Avatar
Canada
5 Posts
 Posted 04/03/2017  4:27 pm  Show Profile   Bookmark this reply Add silverstackparamedic to your friends list Get a Link to this Reply
Hey everyone, I looked into this a bit and realized some minor clues. Both gold bars were purchased by a seller named 6***0 ( 4). After checking the sellers feedback, a buyer named bay5660-0 (4) left 4 positive feedback's for this seller. my guess is that he is trying to complete some large sales and get positive feedback so that he can scam later on.

After searching for bay5660-0 (4) on ebay and checking his completed listings, they are both from Maple Ridge British Columbia Canada.

After scrolling further down bay5660-0 (4) completed listing, I found there were SEVEN Canadian 1 oz gold Maple Leaf coins all purchased from the original seller of the 5 oz gold bar.
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Libertad's Avatar
Canada
3692 Posts
 Posted 04/03/2017  6:43 pm  Show Profile   Bookmark this reply Add Libertad to your friends list Get a Link to this Reply
Image looks like a real bar (same serial # for both). What he decides to send you is another story.
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Debrajc's Avatar
United States
4211 Posts
 Posted 04/03/2017  11:08 pm  Show Profile   Bookmark this reply Add Debrajc to your friends list Get a Link to this Reply
silverstack!

Good detective work.
Valued Member
MerlinAurelius's Avatar
126 Posts
 Posted 05/19/2017  10:31 am  Show Profile   Bookmark this reply Add MerlinAurelius to your friends list Get a Link to this Reply
Nice detective work
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1cent's Avatar
Canada
1051 Posts
 Posted 05/21/2017  02:11 am  Show Profile   Bookmark this reply Add 1cent to your friends list Get a Link to this Reply
You've got to be pretty naive to think that you're going to get a legitimate $6200 US gold bar from a guy whose feedback all comes from users that are no longer registered, and ships from "outside Canada". A scammer taking advantage of the greedy. It's going to hurt if the buyer gets refunded the 99 cent purchase price, but not the $3000 CAD shipping charge.
Valued Member
McNickel's Avatar
Canada
261 Posts
 Posted 05/26/2017  4:18 pm  Show Profile   Bookmark this reply Add McNickel to your friends list Get a Link to this Reply

Quote:
It's going to hurt if the buyer gets refunded the 99 cent purchase price, but not the $3000 CAD shipping charge.


I don't think it'll hurt that much, fairly certain that seller & buyer are the same person
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