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Massive Silver/Gold Lot Seems Fishy

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Pillar of the Community
mycrob's Avatar
United States
2604 Posts
 Posted 09/08/2011  12:22 pm Show Profile   Bookmark this topic Add mycrob to your friends list Get a Link to this Message Number of Subscribers
Take a look at this already sold item by this seller:
http://www.ebay.com/itm/130564617810

Now take a look at this new item up for sale:

http://www.ebay.com/itm/LARGE-US-SI...em1e669c1779

Three pictures in common with both auctions. Winning bidder on auction #1 leaves positive feedback, but notice only 3 transactions. One of the previous 2 transactions with same seller but more than a year earlier.

What do you all think- shill bidding/shady? Also look at the bidding pattern in the first auction- mostly newbies bidding the item up.
Edited by mycrob
09/08/2011 12:59 pm
Bedrock of the Community
DVCollector's Avatar
United States
10045 Posts
 Posted 09/08/2011  12:40 pm  Show Profile   Bookmark this reply Add DVCollector to your friends list Get a Link to this Reply
Yeah...obviously, somebody cannot win coins that are pictured in two auctions--or perhaps nobody will. That should be reported.
I'm just as leery of a high-ticket auction that states "TOO LARGE TO INDIVIDUALLY LIST BUT WILL GIVE YOU THE OVERVIEW".
Who in their right mind would bid $$$ on that?
Pillar of the Community
mycrob's Avatar
United States
2604 Posts
 Posted 09/08/2011  1:00 pm  Show Profile   Bookmark this reply Add mycrob to your friends list Get a Link to this Reply
People with money to burn? I don't know of anybody like that personally, though. Most everyone I know is struggling to scrape by.
Valued Member
bjones's Avatar
United States
304 Posts
 Posted 09/08/2011  1:16 pm  Show Profile   Bookmark this reply Add bjones to your friends list Get a Link to this Reply
Can't imagine how much ebay charged him in seller's fees on that $14k.
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cointagous's Avatar
United States
1146 Posts
 Posted 09/08/2011  1:45 pm  Show Profile   Bookmark this reply Add cointagous to your friends list Get a Link to this Reply
You are correct they are the same photos in both auctions. If you want to buy that much bullion then I would go buy it in person or from a well known dealer in pm's.
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Libertad's Avatar
Canada
3692 Posts
 Posted 09/08/2011  2:44 pm  Show Profile   Bookmark this reply Add Libertad to your friends list Get a Link to this Reply
cointagous has the right idea. You want a reputable source with whom you can verify the products in person. ebay is hardly the right environment for precious things.
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