Gold deals on eBay

Discussion in 'Bullion Investing' started by Santinidollar, May 18, 2018.

  1. Santinidollar

    Santinidollar Supporter! Supporter

    There seems to have been an absolute death of good deals on AGEs from major dealers on eBay for several weeks now.

    With gold going under $1,300, what do some of you regular buyers see with this situation?

    Thanks!
     
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. losthomer

    losthomer Active Member

    I've never found a deal on silver or gold worth pursuing. Seems like most of the "deals" involve ebay bucks and/or credit card rewards.
     
  4. baseball21

    baseball21 Well-Known Member

    Well just think about why everyone is trying to sell them as fast as possible while they can.
     
  5. losthomer

    losthomer Active Member

    Are you thinking the bottom is about to drop out? Could also be they are holding waiting for a bump. I have no idea where things are heading. Generally sideways until further notice.
     
  6. baseball21

    baseball21 Well-Known Member

    Things being held don't get put on sale.
     
  7. TheFinn

    TheFinn Well-Known Member

    A DEATH of good deals, or a DEARTH?
     
    Santinidollar likes this.
  8. Santinidollar

    Santinidollar Supporter! Supporter

    Spell check strikes again!
     
  9. crazyd

    crazyd Member

    I bought my second gold coin recently - a 1/2 AGE random date from ebay from a dealer. Using paypal and with free shipping - the total price to me was 2% over spot at the time. It was a sale. Have not seen anything that good again on 1/2 oz gold. Of course gold has dropped as well since I bought.
     
  10. Clawcoins

    Clawcoins Well-Known Member

    I wait to buy gold until the price drops to a certain spot that I want.

    but I compare ebay to other online places as eBay may be slightly higher due to the associated selling costs.
     
    Last edited: May 20, 2018
  11. DUNK 2

    DUNK 2 Supporter! Supporter

    Similar to the response from @baseball21, gold prices have generally been sliding downward in the past couple months.

    Sellers are likely in hold mode until that trend reverses or are underwater given the price they paid relative to current selling prices. A sale would put them deeper underwater.
     
    Santinidollar likes this.
  12. DUNK 2

    DUNK 2 Supporter! Supporter

    And, if there is any truth to my post above, I’d imagine we can expect a fair amount of gold will come to market when prices begin to rise.

    If that comes to pass, how will it impact an otherwise upward trend in gold prices?

    Keep your seatbelts buckled! ;)

    All IMHO, of course.
     
    Santinidollar likes this.
  13. GoldBug999

    GoldBug999 Active Member

    Here is a deal I recently got: I had an offer of earning 8% ebay bucks (up to $100.00 per item purchased) for two days, but it couldn't be used on bullion coins. I found an MS-63 $20.00 gold coin, as follows:
    [​IMG]

    $20 Saint-Gaudens Gold Double Eagle MS-63 NGC (Random Year) for $1,365.73 when gold was trading at $1,330.00 per ounce. The gold content of the coin on that day was $1,276.28 ($1,330.00 x .9675). So, I received $1,276.28 in gold for ($1,365.73 - $100.00) = $1,265.73 - a great deal in my book! The vendor was APMEX, and they provided free shipping.
     
    Stevearino, Mkman123 and Clawcoins like this.
  14. Santinidollar

    Santinidollar Supporter! Supporter

    Apmex on eBay had a $9.99 over spot special on 1 Oz. American Gold Eagles today. Random date. Jumped in and bought one.
     
  15. Clawcoins

    Clawcoins Well-Known Member

    can't find it ....
     
  16. Santinidollar

    Santinidollar Supporter! Supporter

    Go to the eBay home page. Scroll down through the deals on coins until you get to gold bullion coins. It was still there when I looked a sec ago
     
  17. myownprivy

    myownprivy Well-Known Member

    There should be decent gold deals right now, because gold is most likely going to drop quite a bit in the next several months.
     
    baseball21 likes this.
  18. SilverSurfer415

    SilverSurfer415 Well-Known Member

    dammit, I just paid for (2) 1/10th oz and now I see that it will drop more.
     
  19. Santinidollar

    Santinidollar Supporter! Supporter

    Don’t sweat it. No telling what gold will do, at least over the short term. The European Union is cranking up another of its periodic debt dramas — back to Italy again — and gold might catch some bids. I added a 1 Oz. American Gold Eagle to my market-breaking holdings (yeah, sure) last week. Lock it up and let it collect dust for a while.
     
  20. Bman33

    Bman33 Well-Known Member

    I was wondering about this. Premiums on Gold are so low right now it is crazy. $10 over for an AGE! Something must be going on. I indulged with a Double Eagle deal recently when I got 10% ebay bucks which came out to $70 under melt. That deal sold out quick.
     
  21. imrich

    imrich Supporter! Supporter

    I believe that as always there's a buyer and a seller for a "fair market price". I just positively respond to a seller who liked mine. Yours was also!

    JMHO
     
Draft saved Draft deleted

Share This Page