Is this a unbelievable bargin?
- Thread starter Mr.G
- Start date
There's another thread about this buyer ,all very suss 
OOOOHHHH come on people
Do you really think anybody will receive anything from this guy
Apart from an empty bank account
Do you really think anybody will receive anything from this guy
Apart from an empty bank account
Sent by registered post. No pick-ups. Paypal purchasers have to wait a week. I don't think so.
Smells like scam, looks like scam, probably a scam. Some sucker will lose $40k in the process.
No-one in their right mind would sell a kilo bar for $10k under spot. If memory serves, the same seller had multiple 50oz bars listed as well, something like a million bucks worth of metal.
People that are smart enough to accumulate that much metal don't dispose of it under spot on eBay.
We get daily scam emails at work from people trying to flog cheap gold, or gold dust, or Gaddafi's gold etc, they're all scams. This one is just more public.
People that are smart enough to accumulate that much metal don't dispose of it under spot on eBay.
We get daily scam emails at work from people trying to flog cheap gold, or gold dust, or Gaddafi's gold etc, they're all scams. This one is just more public.
rick_au
Member
I think he might be listing all of these bulk auctions with the hope someone will pay using bank deposit. His paypal account would be frozen faster than a runaway train.
I actually called ebay up about this seller and they ensured me that he is most likely a legitimate seller as he has had to go through some sort of verification process to be be able to list in that sort of quantity. Obviously ebay have never heard of photoshop
As others have posted, there is no logical reason why he would be selling this amount of bullion for ultimately he could get a better price at cash converters.
Some people are going to learn a very expensive lesson out of this - If its too good to be true than it probably isn't. Unfortunately it comes to an expense to us legitimate sellers; with pp/ebay tightening policy which favors buyers in unreasonable claim situations. Furthermore tarnishing the bank transfer payment method which saves sellers a boat load of fees and liabilities.
I actually called ebay up about this seller and they ensured me that he is most likely a legitimate seller as he has had to go through some sort of verification process to be be able to list in that sort of quantity. Obviously ebay have never heard of photoshop
As others have posted, there is no logical reason why he would be selling this amount of bullion for ultimately he could get a better price at cash converters.
Some people are going to learn a very expensive lesson out of this - If its too good to be true than it probably isn't. Unfortunately it comes to an expense to us legitimate sellers; with pp/ebay tightening policy which favors buyers in unreasonable claim situations. Furthermore tarnishing the bank transfer payment method which saves sellers a boat load of fees and liabilities.
Wouldn't be surprised to see PayPal exclude bullion from buyer protection one day.
but yeah ,you are right...sooner or later might be the only option to trade metals will be f2f ...