Am I missing something or did these bidders just get owned? http://www.ebay.com/itm/SOLID-GOLD-24k-Gold-Bullion-Bar-999-FINE-PURE-GOLD-/320840151766?pt=Coins_US_Individual&hash=item4ab39032d6#ht_2249wt_1131 This person too? http://www.ebay.com/itm/SOLID-GOLD-24k-Gold-Bullion-Bar-999-FINE-PURE-GOLD-/330681350265?pt=Coins_US_Individual&hash=item4cfe24f879#ht_2249wt_1131 $3.60 worth of gold?
That was a nice catch. Easy to think this is a gram of gold and not a grain. They will be surprised when that shows up in the mail. It's going to take a magnifying glass to see it.
A little gold bar like that would actually be kind of cool to own, but only at spot value. It would suck to accidentally drop one on a messy floor! You'd never find it.
My dad once made HO scale bars of gold for his train set. They were 1:87 scale. Well, they would have still been big bars but it was hilarious how small they were in the train layout.
well once your done with buying those 14 milligram of PURE 24k GOLD!!!!:hail::hail: coins... you gotta move on to something else to throw your money away...
Read through his amazing feedback. http://feedback.ebay.com/ws/eBayISA...=negative&interval=365&_trkparms=negative_365
I don't think it's so much that people don't realize it isn't a gram, they probably don't know how much it is. If they even bother to read the description it states that it is one grain with an exclamation mark! He depends on people not reading or perhaps understanding the description. Buyer beware. Ignorance is as bad as deception.
I agree that these people overpaid, but maybe they are new investors on a budget. It's not to costly of a lesson atleast no one paid $50. I also think if your on thay tight of a budget you shouldnt be investing in gold. But atleast its kind of a step in the right direction for someone.
If you scroll down to the specs of the item it clearly says "ONE GRAIN!". Can't fault the seller if the buyer isn't paying attention. Just the same as you can't fault the buyer if the seller makes a mistake and lets something go for a fraction of what it's worth because of a typo.
I agree, given that he mentions at least three times in the listing that it's a grain, and that his feedback is available to anyone to read, it's hard to feel much sympathy for anyone who buys from him and feels they were ripped off. I've been guilty of not reading the fine print before, but I just chalk it up as a lesson learned and try to not repeat the error.
On the subject of the mini-mini gold bars, I bought a couple for the Mrs so she could say that she got gold for xmas LOL they make nice little gimmicky presents she bought me some 1/4 oz copper banknotes LOL
That's what they should be used as....gimmicks, novelties, just fun stuff. Not for the serious investor.