kawho

@GoldDiggerDavebut whatever they do, you are supported by eBay and Paypal! I mean if you don't get your purchases you just need to open a dispute or you can buy 100 individual items and pay for the next one when the 1st one arrived tested and okay. that way your maximum risk is always 1! am I right?

Recently I found an eBay Australia listing of bulk/loose pure platinum %99.99. I figured if it turned out to be fake or a scam, I can raise a dispute and get my money from PayPal. so I go ahead and purchase 1 gram to see if they will anything at all. funny thing I don't have anything to test them anyway. after 2 weeks the envelope with a small piece of white metal arrived and to my surprise, it was almost 2 grams!!! I was thinking sure it has to be fake so I took it to a gold and jewellery buying shop and ask them if they buy it and if yes how much! I thought this way they test it for me for free!!!, they used a handheld x-ray tool and confirm it was 99.999 platinum and they would pay $30 per gram!!! So it wasn't fake or low percentage. my question is how possible they can sell platinum under market price and be profitable? I think they accept my offer ( 10$ under market price and the shipping was free! I could buy from them and sell at market price and pocket the profit? I don't get it! is the market price is something arbitrary and the real price is lower or they try to build their profile and willing to sell under the price? I don't understand! what is the catch here? I like to do some more accurate test to see if it is really 99.99 pure platinum. how can I do the test accurately myself at home? I attached the photo as well. link to item: https://www.ebay.com.au/itm/333711985827 thanks