Jump to content
CoinPeople.com

Gold coins on ebay


thelawnet
 Share

Recommended Posts

I'm watching an ebay auction for a commemorative coin of just under 1 ounce AGW. Listed at 99 cents, it has reached $510 with 3 days to go. Gold is around $900 at the moment. Logic will suggest somebody will be willing to pay bullion value for the coin, and so it will reach that at the least.

 

A quick look at the seller's history shows everything seems to sell at its spot price or slightly above.

 

So is there any point at even looking at these low SP bullion coin auctions, in the hope of getting a real bargain?

 

Has anybody seen bullion coins selling below spot?

Link to comment
Share on other sites

You can never tell what might turn up on ebay. I've seen stuff put under the wrong category or something wrong with the description go for real cheap. I've bought coins below face value. Admittedly that was low value rolls, but its a deal when you could even go to a bank and cash them out make a profit And that was including all fees. (Not gold or silver stuff. Unluckily. ) I see people all the time just putting the 99 cent start hoping for a hit. But like you said at 3 days left it will probably hit stride then.

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
 Share

×
×
  • Create New...