Buying Gold On Ebay Safe

And also check your seller s past feedback first before bidding.

Buying gold on ebay safe.

Local dealers seem to sell it at around 10 over spot. However there are still precautions a buyer must take to ensure safe buying on ebay. 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. Companies like apmex jm bullion bay precious metals etc.

Doesn t ebay charge ridiculous fees. Sellers need to do their due diligence before selling anything on. For sellers not as safe as it is for buyers. They often have sovereigns at low prices.

Is buying on ebay safe. You are generally safe in buying raw classic and modern gold coins from the ebay mega dealers like apmex silvertowne. 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. 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.

They will typically have tens of positive feedback. 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. Buying products through ebay is usually straightforward but some scammers work to defraud innocent people who are just trying to get a good deal. Is shipping through ebay safe.

Getting scammed as an ebay buyer. In fact ebay is safer than someone s personal website because of the third party involvement of ebay and paypal. 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. You can buy safely on ebay.

Be safe ebay buyers. Don t you lose money on shipping. For buyers ebay is very safe. 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.

Their platform combined with paypal s protection is one of the safest places for buyers to purchase anything. I m afraid people will take my money and never ship my item. If you re shopping on ebay stick with the known major reputable dealers. I am afraid i will ship my items and the buyer will request their money back.

Remember that if an offer looks too good to be true it probably is. Is selling on ebay safe. 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.