http://www.ebay.com.au/itm/Gold-Sil...7583?pt=AU_Bullion&hash=item2336a809cf&_uhb=1
This can't be legit can it?
I mean that's at least 10oz of gold...
This can't be legit can it?
I mean that's at least 10oz of gold...
Pirocco said:It's even quite possible that one (if not all?) of the bidders is a cooperative of the seller.
It's the ebay version of the price explosion and zero consolidation claims![]()
Do cooperating seller and bidder(s) actually sell to eachother?Htu08 said:Pirocco said:It's even quite possible that one (if not all?) of the bidders is a cooperative of the seller.
It's the ebay version of the price explosion and zero consolidation claims![]()
Wouldn't the ebay seller have to pay fees if he sold it to himself? (or one of his associates)
nickybaby said:nope just cancel the winning bid after the sale. As long as seller and buyer agree no fee.
During the period I dwelled on ebay, I've seen that happening a couple times, but I didn't know this was neutral to any involved party. Considering ebays general policy, it rather surprises me. On the other hand, I remember it triggers warnings about the dangers involved in selling 'outside' ebay, I received once one, after I bidded (and wun) on a coin from a malicious seller (I didnt know at that moment), and ebay deleted all his offers due to another cheating case and apparently ebays stupid system / personell assumed that buyer and seller agreed to cancel>delete, while it was themselves doing it. In the end, 6 months later, I got my money back, after alot 'polite' (heh) mails from me. Money as cash in an envelope, posted from Cyprus haha. Nevertheless, the bank cost was higher than the envelope+stamp so while more risky, it was cheaper for him. And most importantly: untrackable.nickybaby said:nope just cancel the winning bid after the sale. As long as seller and buyer agree no fee.