Buying Gold On Ebay Safe

They often have sovereigns at low prices.

Buying gold on ebay safe.

For sellers not as safe as it is for buyers. Don t you lose money on shipping. I am afraid i will ship my items and the buyer will request their money back. However there are still precautions a buyer must take to ensure safe buying on ebay.

Companies like apmex jm bullion bay precious metals etc. For buyers ebay is very safe. If you re shopping on ebay stick with the known major reputable dealers. When buying on ebay buyers receive the benefits of buyer protection coverage access to seller contact information and ebay and paypal as third party watchdogs to step in if problems arise.

Is buying on ebay safe. Here are three of the most common ebay scams for ebay buyers. Sellers need to do their due diligence before selling anything on. Local dealers seem to sell it at around 10 over spot.

Remember that if an offer looks too good to be true it probably is. As for gold so far i haven t seen any fraudulent mcm 1 10 ounce sunshine 1 gram or smaller 1 gram apmex gold bars being counterfeited and hope i never will. You are generally safe in buying raw classic and modern gold coins from the ebay mega dealers like apmex silvertowne. Buying products through ebay is usually straightforward but some scammers work to defraud innocent people who are just trying to get a good deal.

In fact ebay is safer than someone s personal website because of the third party involvement of ebay and paypal. I m afraid people will take my money and never ship my item. Buying directly from manufacturers can often save you money but you need to be wary on ebay seeing high end brand name products with 70 or 80 off a normal retail price should raise some red. At 10 percent over spot you would get less than the refinery would pay you selling it on ebay and risk getting screwed on the whole deal.

Those dealers do an enormous amount of business in american gold eagles and other gold bullion coins where the time cost of sending in a coin to get graded and authenticated is not the worth the time or effort. Doesn t ebay charge ridiculous fees. Is shipping through ebay safe. Ebay paypal is roughly a 13 5 fee between the two and a buyer can literally just take it from you with ebay s blessing.

And also check your seller s past feedback first before bidding. Always check your gold if you think something s not right. Appreciate the two comments above. They will typically have tens of positive feedback.

The rule of thumb that i stick by when buying any pm on ebay if it ships from china there s a 99 999 chance it s fake. Be safe ebay buyers. Their platform combined with paypal s protection is one of the safest places for buyers to purchase anything.