Hi mates. Just found on e-bay... http://cgi.ebay.ca/1-Canadian-Silve...iewItemQQptZCoins_Bullion?hash=item35a820d3bb Just curious, is it worth to sell this??? :rolling:
I was at a coin show and bought a Canadian silver maple leaf for $15. This was when spot price was $17. I think the dealer oooopsed, though, as then he tried to charge me $27 for a Mexican Libertad.
A feedback of 1 and seller says it's not in the original case. Probably about right. I'm sure the buyer is running about thinking about the "deal" he just got. Well, will he get the coin and secondly, will it be the real deal? And at a savings of a dollar or so.
The seller sold a 100 pieces. What will happen with the buyers if they will never receive the coins? Could they claim their money back?
Looks good. Worth the shot. Seller is probably trying to build a record by selling silver that was most likely acquired at much lower prices. On the downside, the coins are probably at least slightly worn or damaged, if that is important to you.
I'd keep watching the seller for the next little while to see if he/she gets a positive or negative feedback for this transaction. who knows if it was legitimate??
These are things the buyer should definitely be thinking about. But, we should remember eBay was originally a place to get rid of junk quickly. Throw up your junk, and someone bids and hopefully wins their treasure! Also, we are on hard times, not just in the U.S., but all over the world. Dumping something of value happens during times like these. Will someone lose? Of course! But that does not mean it is necessarily the buyer. The seller well may have bought rolls of these from the RCM thinking to make a long term profit. However, something may have well happened to make him undersell himself to gain the quick (loss) return to support his/her needs. eBay is the perfect place to do this! Now, enter the eBay/PayPal scene. eBay offers certain protections for both buyer and seller through the use of payment utilizing PayPal. Some of these buyers may well be completely protected in the incident of a non-performing seller, or unauthentic (counterfeit) bullion. This protection should alleviate some of the fear of dealing with newer sellers. Regardless of the seller's feedback, ratings, establishment in the venue, etc, etc...regardless of all of this, there is protection available. Now, this protection may require you to spend the $5 to send your defunct purchase back to eBay (or its liaison) for legal evidence, and that is where your liability lies. Thus, depending on the size/amount you were willing to put up front, your liability on this gamble would be relatively less and less. Again, if you do lose on the gamble, and the rounds are not authentic, or received, then waiting for others to request Buyer Protection first could allow you to file your claim at a slightly later date without having to send in your "proof" and lessen your liability even further. In fact, you would have even less liability on a non-receipt than you would on a counterfeit item. What it all comes down to is if you are willing to lose your 0.006% or less APY from PayPal for tying your funds up and missing out on being able to make other potential purchases. Fact is, for the buyer, liability is rather low with many of your purchases on eBay if done right and if you are persistent when something does go wrong. I see eBay's offered protections as attempts to help bring the original confidence in purchasing back to the venue. I am absolutely NO fan of ePay/PayPoo, but the fact cannot be denied that the buyer should be able to have more confidence in their purchases made on eBay if done in accordance with their policies.
