Hi all,
I did a search on the board and couldn't find any reference to this, but if it's already been posted I do apologise...
I occassionally follow silver bullion items on ebay to see what price they are selling for (just for my own info) and I noticed that someone has listed 10 oz bars of 100 mills 999 silver as silver bullion and are listed at a buy now price of $270.00 each. The same seller also has a number of individual auction listings for these items and unfortunately someone has already placed a bid of $199.00 for one of these bars.
***Be Warned: These ARE NOT silver bullion bars. They are copper bars that have been thinly plated with 999 silver ***
Nowhere in the description does it mention that the bars are actully silver plated copper and as a result this is misleading and possibly fraudulent. I have contacted eBay about this, so hopefully they will address this and allow the bidder to remove his bid without any penalty.
Here is a link that fully explains what these bars really are: http://www.targetrichenvironment.net/?p=2796
When buying from eBay always do your own research. It is highly recommended you buy from a reputable source, such as a well known silver bullion dealer.
Cheers,
SIM
I did a search on the board and couldn't find any reference to this, but if it's already been posted I do apologise...
I occassionally follow silver bullion items on ebay to see what price they are selling for (just for my own info) and I noticed that someone has listed 10 oz bars of 100 mills 999 silver as silver bullion and are listed at a buy now price of $270.00 each. The same seller also has a number of individual auction listings for these items and unfortunately someone has already placed a bid of $199.00 for one of these bars.
***Be Warned: These ARE NOT silver bullion bars. They are copper bars that have been thinly plated with 999 silver ***
Nowhere in the description does it mention that the bars are actully silver plated copper and as a result this is misleading and possibly fraudulent. I have contacted eBay about this, so hopefully they will address this and allow the bidder to remove his bid without any penalty.
Here is a link that fully explains what these bars really are: http://www.targetrichenvironment.net/?p=2796
When buying from eBay always do your own research. It is highly recommended you buy from a reputable source, such as a well known silver bullion dealer.
Cheers,
SIM