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Selling metals on ebay is profitable & wise investment

by: retxedniop( 54Feedback score is 50 to 99) Top 5000 Reviewer
77 out of 88 people found this guide helpful.
Guide viewed: 2562 times Tags: silver | gold | bars | bullion | coins


Why sell rare metals on ebay? Why not? There is a current high demand and low supply in the rare metals ebay market.  Prices set on ebay are far less profit driven than on other bullion selling websites, and consumers are more than willing to consume rare metals off ebay than any other website. Over 300 auctions are initiated every day for rare and precious metals, and nearly all sell at a considerable price.By learning how to master the rare metal market on ebay, one can nearly double their inventory in less than 3 weeks.

A wise way to sell bullion on ebay is to sell art bars/ rare coins.  Rare art bars sell for fair market value in retail coin shops. But on ebay many collectors cannot find these rarities in their local coin stores, and are willing to pay nearly 25% OVER COST.  Another way to make money off rare metals is to sell them at "BUY IT NOW PRICES" @  10% over cost.This equals big money in the long run.  Never undersell your bullion/bars/coins, and try not to oversell, since they typically do not sell, and only waste listing fees. Selling at a reasonable margian can increase your inventory in a short time.

Not only do you build your bankroll, but you also develope positive ebay feedback. Selling 1 oz. of silver or 1 gram of gold, can be made to sell in a 1 or 3 day auction. These items will sell due to the high market demand, and profits will be made, and more importantly, your positive feedback will increase at a faster rate. Having a high feedback rating assures that your product is legit and that you back it up 100.00% of the time.

Lastly, stay up to date with special ebay offers. If ebay offers 25 cent borders, TAKE ADVANTAGE!!! If they offer listings @ 15 cents, list more item during that time period. Rare and precious metals are in high demand, by selling and re-investing in the same market, you can be on your way to become a power seller in no time

Always remember, selling quality is better than selling quantity!  And always remember, "Goodluck and Happy Bidding!!"


Guide ID: 10000000000723677Guide created: 02/03/06 (updated 08/03/09)

 
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Related tags: bars | gold | bullion | silver | coins

 


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