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Why Do Some People Love To Bid Up Bullion Way Over Spot??
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<p>[QUOTE="BooksB4Coins, post: 2318885, member: 36230"]First, because of your use of terms like "certain" and "nice stuff", I think it's only reasonable to ask what types/forms of "bullion" you're talking about. Agree or not, some forms do regularly carry premiums many buyers are willing to pay, so clarifying could certainly better your point.</p><p><br /></p><p>Perhaps the people paying the premiums have tried to "capture it at a more reasonable price", but have to pay more simply because there are others willing to do just that. Perhaps their time is more valuable than the few dollars saved by searching out better prices (like paying $5 gal for milk at a convenience store instead of $2.50 at the grocery). Perhaps they simply trust the seller and are willing to eat a few bucks for the peace of mind or, perhaps, some are just idiots. I could go on, but the point is that it's unfair to make blanket assumptions as to why others pay the prices they do as there can be perfectly valid reasons for their paying premiums. With that said, we all know ebay is infested with people who don't quite know or understand what they're buying, so in many cases it is probably just foolishness.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>This is pretty cut and dry, and certainly does ring of simple stupidity.[/QUOTE]</p><p><br /></p>
[QUOTE="BooksB4Coins, post: 2318885, member: 36230"]First, because of your use of terms like "certain" and "nice stuff", I think it's only reasonable to ask what types/forms of "bullion" you're talking about. Agree or not, some forms do regularly carry premiums many buyers are willing to pay, so clarifying could certainly better your point. Perhaps the people paying the premiums have tried to "capture it at a more reasonable price", but have to pay more simply because there are others willing to do just that. Perhaps their time is more valuable than the few dollars saved by searching out better prices (like paying $5 gal for milk at a convenience store instead of $2.50 at the grocery). Perhaps they simply trust the seller and are willing to eat a few bucks for the peace of mind or, perhaps, some are just idiots. I could go on, but the point is that it's unfair to make blanket assumptions as to why others pay the prices they do as there can be perfectly valid reasons for their paying premiums. With that said, we all know ebay is infested with people who don't quite know or understand what they're buying, so in many cases it is probably just foolishness. This is pretty cut and dry, and certainly does ring of simple stupidity.[/QUOTE]
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