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<p>[QUOTE="-jeffB, post: 25321580, member: 27832"]Hmm.</p><p><br /></p><p>If the auction closes at melt, then after fees and shipping, you're getting 15% or more <i>below</i> melt.</p><p><br /></p><p>If the price of silver <i>drops</i> during the auction, you get no bidders, or anyone who bid early cancels.</p><p><br /></p><p>If the price of silver <i>rises</i> during the auction, maybe you win -- or maybe everybody ignores the listing when it first appears (because people prefer lower starting prices), and then somebody snipes it at the end for a price that's now <i>below</i> melt. And you're still on the hook for 15% or more in fees.</p><p><br /></p><p><b>List as BIN</b>, and you can adjust the price as needed to track spot. But again, fees will eat you alive.</p><p><br /></p><p>In general, you'll do better selling to dealers at a local show (where they have to compete with each other). But local shows don't happen every day.[/QUOTE]</p><p><br /></p>
[QUOTE="-jeffB, post: 25321580, member: 27832"]Hmm. If the auction closes at melt, then after fees and shipping, you're getting 15% or more [I]below[/I] melt. If the price of silver [I]drops[/I] during the auction, you get no bidders, or anyone who bid early cancels. If the price of silver [I]rises[/I] during the auction, maybe you win -- or maybe everybody ignores the listing when it first appears (because people prefer lower starting prices), and then somebody snipes it at the end for a price that's now [I]below[/I] melt. And you're still on the hook for 15% or more in fees. [B]List as BIN[/B], and you can adjust the price as needed to track spot. But again, fees will eat you alive. In general, you'll do better selling to dealers at a local show (where they have to compete with each other). But local shows don't happen every day.[/QUOTE]
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