Monday, September 19, 2011
End of eBay deals on silver/gold coins – Part 2
As a update to my post 3 months ago http://theeconomises.blogspot.com/2011/06/end-of-ebay-deals-on-silvergold-coins.html
Next Saturday, October 1st, Ebay will no longer offer eBay Bucks for purchases from the Bullion category within Coins & Paper Money. http://pages.ebay.com/rewards/terms.html
Re-read the original post. This will mean the only discount will be from your credit card. Unless ebay can beat the dealers final price, the buyers will focus on the dealers over ebay. That is a tough break for ebays sellers who have to deal with the ebay/paypal fees http://www.rolbe.com/ebay.htm
A $5 coupon code http://www.retailmenot.com/view/gainesvillecoins.com#
Here a purchase 14 months ago on ebay. This does not include the discount from mr rebates and the credit card. Today a roll of 25 maple leafs goes for over $1100. Seems like a buy one get one free deal a year ago.
Bing Cashback - You received $88.40 from your eBay purchase on 7/2/2010
2010 CANADA SILVER MAPLE LEAF COINS NEW UNC 50 LOT Unit price: $1105.00
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slowly there wil be more restrictions on buying gold and silver. In europe already this has been seen with Austrian banks restricting the sale of gold and silver to 15,000 Euro (~$20,000 USD) and the French government as of September 1, 2011 announced anyone attempting to sell or purchase ferrous or non-ferrous metals, which includes gold and silver, will be required to pay for their purchase via a credit card or bank wire transfer if it exceeds 450€ (~ $600 USD. See this article for in depth look:
ReplyDeletehttp://www.shtfplan.com/headline-news/tightening-the-noose-france-bans-cash-sales-of-goldsilver-bullion-over-600_09232011