ebay branded bullion, WHAT THE....

Discussion in 'General Precious Metals Discussion' started by SilverSiren, Jan 19, 2016.

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  1. SilverSiren

    SilverSiren Active Member

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    [​IMG]
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    SilverSiren, Jan 19, 2016
    #1
  2. Gatito Bandito

    Gatito Bandito Active Member

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    LULZ..
     
    Gatito Bandito, Jan 19, 2016
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  3. DanielM

    DanielM Active Member Silver Stacker

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    Nice! Would like a google
     
    DanielM, Jan 19, 2016
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  4. DanielM

    DanielM Active Member Silver Stacker

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    Or crown casino
     
    DanielM, Jan 19, 2016
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  5. Gatito Bandito

    Gatito Bandito Active Member

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    Gatito Bandito, Jan 19, 2016
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  6. goldpelican

    goldpelican Administrator Staff Member

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    Saw these earlier today - $70 USD over spot for the 1oz gold. Ouch.

    Seller is CNT, the largest private bullion distributor in the US. They have the market weight to pull an issue like this off, I wouldn't be fooled by the "Limited number available" marketing, the number of items they would have had to have ordered to get the mints to issue these would have been mind boggling.
     
    goldpelican, Jan 19, 2016
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  7. worldbubble

    worldbubble Active Member

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    Here is the reason - ebay will guarantee the identity of its own product and flood the auction with fakes of other mints
     
    worldbubble, Jan 19, 2016
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  8. Gatito Bandito

    Gatito Bandito Active Member

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    Heh.

    Quite the conundrum! :lol:
     
    Gatito Bandito, Jan 19, 2016
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  9. bubblebobble2

    bubblebobble2 Administrator Staff Member Silver Stacker

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    I guess these peeps wanted to be buying these bars in the low (serial) numbers, 3-digits... It'll wear of its novelty soon... My guess.
     
    bubblebobble2, Jan 19, 2016
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  10. Gatito Bandito

    Gatito Bandito Active Member

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    Eh, there will always be a bit of a following of consumer-branded bullion.

    Some of it's not half-bad.


    Admittedly, I've got a few pieces, from I recall the late '70s / early '80s..

    Then again, the word "silver" was part of their slogan at that time -- so it's not *too* much of a stretch.


    Anyway, expect these eBay bars to be flipped at some time in the future..

    You know, on eBay. It's the revenue-gift that keeps on giving! ;)
     
    Gatito Bandito, Jan 19, 2016
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  11. Gatito Bandito

    Gatito Bandito Active Member

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    Gatito Bandito, Jan 23, 2016
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  12. hiho

    hiho Active Member Silver Stacker

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    how to fuck off your resellers that have to charge 13% premium just to sell on ebay? Thats $220 for a current oz without any profit margin added
     
    hiho, Jan 23, 2016
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  13. Big A.D.

    Big A.D. Well-Known Member Silver Stacker

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    Big A.D., Jan 23, 2016
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  14. SilverDJ

    SilverDJ Well-Known Member

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    Indeed.
    When you go to sell it it's likely the buyer hasn't seen it before and will go WTF?
     
    SilverDJ, Jan 23, 2016
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  15. SilverDJ

    SilverDJ Well-Known Member

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    People are lapping them up:
     
    SilverDJ, Jan 23, 2016
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  16. mmissinglink

    mmissinglink Active Member

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    That's actually kind of interesting that eBay is investing into eBay branded bullion.

    First of all, the decision makers at the top tier of eBay are smart folks. I would guess that the selling of coins and pm's on eBay is a huge money maker for eBay....there's probably more coins sold on eBay than by any other after market entity. Most, if not all of the major bullion and coin dealers sell on eBay too.

    So eBay is just following the money.

    I do wonder how much $$ worth of coins and bullion are sold on eBay in an average month? Must be a huge amount.



    .
     
    mmissinglink, Jan 23, 2016
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  17. goldpelican

    goldpelican Administrator Staff Member

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    Time for a "support your local bullion dealer that actually pays corporate tax in your country" campaign? :/
     
    goldpelican, Jan 23, 2016
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  18. Eliassamaha

    Eliassamaha Well-Known Member Silver Stacker

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    Yeah damn right

    F**k eBay I'll never buy their crap
     
    Eliassamaha, Jan 24, 2016
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  19. iceblue

    iceblue Well-Known Member

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    OOOHHH how sad, the sheep will lap them up too. What next, ebay branded clothing line, hardware, electrical???
    Maybe we should approach facebook and do a facebook round!
    Amazon could jump in on the act, shit woolworths should too with their own 'Select' brand.
    Alibaba could brand a heap of 100mills fakes!

    Support your local dealers that not only pay Tax in your country but also supply employment opportunity and give to the wider community.
     
    iceblue, Jan 24, 2016
    #19
  20. iceblue

    iceblue Well-Known Member

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    Get one going on facebook?
     
    iceblue, Jan 24, 2016
    #20
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