Late night Ebay score! Silver Roosies @ half melt!

Discussion in 'Bullion Investing' started by JJK78, Jul 28, 2011.

  1. JJK78

    JJK78 Member

    Evening everyone,

    I was browsing around Ebay just before bed last night and ran across a bunch of auctions that were just about to end for 2 circulated silver Roosevelt dimes @ $.99 per auction, but shipping was $3.95 each. I emailed the seller and asked about combined shipping and he said he would which was excellent! I bid on pretty much all of the auctions and won about 18 of them winning a total of 36! Got home from work today and found the final invoice from the seller with the higher then expected but still reasonable shipping charges for a total of $53.77! Even with silver dropping today they have a melt value of about $2.87 each or about $103.32 melt value! YAY!

    Now hopefully silver dosen't drop to $20 an ounce again and i'll be happy!
     
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  3. HULLCOINS

    HULLCOINS Junior Member

  4. zach24

    zach24 DNSO 7070 71 pct complete

    Nice, I'll buy em for $1.00 from you!!!! lol
     
  5. -jeffB

    -jeffB Greshams LEO Supporter

    Yep, the bargains are out there -- just few and far between. I rarely do as well as you just did, though! (Landed four beat-up Franklins for $38 shipped tonight.)
     
  6. ConfederateHalf

    ConfederateHalf Stars & Bars Forever

    Good job! Yes - it is possible to buy junk silver considerably below melt on eBay, but it takes patience, plenty of free time and persistence. For example: I scored a buy this week on a set of 10 Mercs with dates for each of the last 10 years of the series in a nifty presentation folder - all in Fine to VF condition. My final cost? $15.50 on a day when silver was $40.07/oz. So I basically got my mercs for just a wee bit over 1/2 melt value! Granted - this was exceptional - but I routinely buy silver on eBay for 10% below melt. It' not hard - just avoid getting involved in bidding wars and snipe the auctions that are not very active. Why pay premiums over melt when you don't have to?
     
  7. phdunay

    phdunay Member

    That is something I like about eBay, one time I got a lot of 9 commemorative coins, proof and Unc. halves and dollars, I got about $150 of coins and silver for $53. You couldn't even see the coins in the sellers pictures, they were blurry pictures of his floor, and his description was poor. One problem though that I have sometimes is that I find something cheap that I like, but the shipping makes they buy not worth it.
     
  8. JJK78

    JJK78 Member

    I think the sellers biggest problem was the shipping costs in this case. He had each 2 circulated dime auction starting @ $1.99, but $3.95 shipping, so @ $5.94 for 2 dimes, not a great deal... but combine shipping and win a bunch of auctions and it brings that average cost WAY down!

    This is certainly the best deal I have found in a while... They are out there but few and far between!
     
  9. redskins26

    redskins26 Member

    I just bought a blurry CC morgan has potential it looks like i think the blurriness might have scared people off of it
     
  10. rush2112

    rush2112 Junior Member

    Hope you get your coins...................

    I have been waiting for 5 weeks for 3 silver dollars I purchased from a seller in Alberta, Canada.

    Never did get one from a seller in Quebec a few weeks before that..........
     
  11. 10gary22

    10gary22 Junior Member

    Cool ! Every time I bid on several items from the same seller, it seems I get sniped at the very last instant when I cannot add another bid and I win only 1 item. I almost never bid anymore because of that.
     
  12. McBlzr

    McBlzr Sr Professional Collector


    There was a postal strike in Canada, It took me 5 weeks to get a Walking Liberty Half from there.
     
  13. fretboard

    fretboard Defender of Old Coinage!

    I bet you surprised his selling technique,:eek: good one! :D
     
  14. JJK78

    JJK78 Member

    Got home today to a package in my mailbox and bam! Sure enough 36 silver dimes all housed in 2x2's! It's a shame they can't all be this easy :)
     
  15. -jeffB

    -jeffB Greshams LEO Supporter

    Hah, my four Franklins were waiting for me this evening, too! Four 1952's, blast-white, probably grade around F12. I suspect some dipping. :)
     
  16. 1970 Silver Art

    1970 Silver Art Silver Art Bar Collector

    I agree with this. Bargains can be had on ebay if a person looks carefully. I wish I could find some silver art bar bargains on ebay but alas, that is not the case. As as matter of fact, I got outbid on the last 3 silver art bar auctions that I bidded on. Bummer.
     
  17. rush2112

    rush2112 Junior Member

    North America's Nigeria....................

    I found the coin I have been waiting for 6 weeks....................relisted and sold to someone else.

    If you must buy on ebay, worlds largest collection of crooks and theives, then avoid sellers from Quebec.

    Quebec is North America's Nigeria................................
     
  18. Forkeh

    Forkeh New Member

    Such cases are definitely a gamble, but can work out wonderfully, because not many people will bid on blurry pictures.
     
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