How can Ebay sellers sell gold at deep discount?

[agent006140]

gold is over $4000,but they are selling their one ounce gold bar at a deep discount,if ⊗⊗⊗⊗,it would be returned,so why?

[phaz0rz]

Do you have a link?


Most of the precious metal dealers active on eBay are thoroughly established, with anchor store subscriptions and custom negotiated rates from UPS/Fedex.

[agent006140]

https://www.ebay.com/itm/358391710152
This is not a professional dealer.

[ft16]

Originally Posted by agent006140

https://www.ebay.com/itm/358391710152
This is not a professional dealer.

Cut out the middleman and buy direct from the source: https://www.aliexpress.com/item/1005012611814324.html

[phaz0rz]

Originally Posted by agent006140

https://www.ebay.com/itm/358391710152
This is not a professional dealer.

lol yeah that's a knockoff. Note the zero feedback rating.

I don't see why they'd even try to list that. Most people who want to buy an oz will check the sellers history.. not to mention avoiding anyone who's selling for way less than the spot price.

[vettefever17]

100% bait and run. There is no such thing as massively discounted bullion at this time.

You may see some variance at auction of scrap, but it takes skill to identify the proper valuation of scrap metals in pictures. I have invested for years in this method, and it takes understanding of weight, metal type, and proper testing tools upon receiving the valuables. It is not a get-rich-quick scheme, and you can get burned.