Why would this be so expensive?

[Aknot]

https://www.ebay.com/itm/1-oz-Silver-Round-Generic-Blank-SKU-151629/123787220431?hash=item1cd24b15cf%3Ag%3AXR8AAOSw8MJev7i0&LH_BIN=1

It is 1 oz of silver..... I mean I would assume something like this would be as "cheap" as you could get.

[Clockpuncher]

unscrupulous seller hoping somebody doesn't do their homework?

[MancunianStacker]

Because some fool will buy it because some article says “buy 1oz silver rounds” and this must be one right 😂 

[Aknot]

Well it being Apmex (Ive never bought from them) one would assume they wouldnt be that blatant in being unscrupulous. I messaged them asking why..

[Goldhooked]

3 minutes ago, Clockpuncher said:

unscrupulous seller hoping somebody doesn't do their homework?

The eBay seller is Apmex who are a big company so not really unscrupulous.  They’ve got 99.7% positive feedback from 431000+ ratings.

 

[Goldhooked]

1 minute ago, Aknot said:

Well it being Apmex (Ive never bought from them) one would assume they wouldnt be that blatant in being unscrupulous. I messaged them asking why..

I wonder if they’re out of stock and have inflated the price to put buyers off.  This is an old trick sellers would use to keep the listing live while waiting for more stock but don’t really need to do it these days as eBay allow out of stock listings to stay live indefinitely now.

[Clockpuncher]

Big firm yes, but doesn't say anything about their ethics - there's nothing honest or fair about selling blank one ounce rounds for triple the going rate!

To give them the benefit of the doubt, maybe it's a pricing algorithm issue? They might be down to their last few so the system has jacked the price up for something which is, in reality, completely vanilla and boring?

 

[Aknot]

Yeah not to sound cheap... but im just looking generally for the cheapest 1 oz silver rounds so assumed blanks (or the blankest) would be the cheapest. Been looking for blanks then find it and was a bit shocked....

[TonyS]

I certainly didn’t pay that amount or these.

 

[sixgun]

i wonder if they have been mispriced. Who in their right mind is going to pay that for them?

[CadmiumGreen]

Can you find them on APMEX company’s website? I can’t see them.

[RacerCool]

9 hours ago, Aknot said:

Yeah not to sound cheap... but im just looking generally for the cheapest 1 oz silver rounds so assumed blanks (or the blankest) would be the cheapest. Been looking for blanks then find it and was a bit shocked....

🤔

Sounds cheap to me. 

😁

[5huggy]

 

£68.83 an ounce!

  

 

[BSquared]

With everything going on right now, it's probably just a 'puter glitche"    I certainly wouldn't jump on it at that price, unless, down the road, you can convince someone at a show that it's "limited edison"😁     Looks like less than 123pieces left from a production run so I"m guessing "Limited edison"

[Aknot]

Oh god I love canned answers.....

ME: Just for my own edification as I am new to this. Why is this item so expensive? I do understand "art" coins pull a premium but this is just blank.....

Thanks for your time.

THEM: Thank you for contacting APMEX. This is one of the special Silver Round that is plain from any design/stamps on one side so that customers can have this products to be engraved or customized anyway they wish. 

ME: Thanks for the reply.... I wanted to know why it was priced at over 85$ an ounce. Its obvious what it is. A generic blank round. I dont see the ability to have it engraved to make it that much over the cost of 1oz of silver where as "Art" rounds do.

and we shall see....

[Aknot]

And here is the reasoning:

"Thank you for contacting APMEX. The Blank Silver Rounds don’t often come across in our inventory. Due to the rarity, the premiums on these plain rounds are higher than other types."

[CadmiumGreen]

1 hour ago, Aknot said:

And here is the reasoning:

"Thank you for contacting APMEX. The Blank Silver Rounds don’t often come across in our inventory. Due to the rarity, the premiums on these plain rounds are higher than other types."

Does that mean I can try and sell this for $500...it is a rare piece of paper not often found...it even has blue lines on it ready for writing...

[Aknot]

Are the twigs included?

[CadmiumGreen]

Just now, Aknot said:

Are the twigs included?

But of course...burn the tips and use as writing instrument.

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Added 0 minutes later...

Just now, CadmiumGreen said:

But of course...burn the tips and use as writing instrument.

Rare writing twigs

[Aknot]

I can see the premium on such an item.

 

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Hey fellow Virginian! (just noticed... im not always this slow)

[CadmiumGreen]

1 hour ago, Aknot said:

I can see the premium on such an item.

 

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Added 0 minutes later...

Hey fellow Virginian! (just noticed... im not always this slow)

Hey, buddy!! Was wondering how long before you noticed!😁 Great to see another Virginian on TSF! 

[JasonDavies]

3 hours ago, CadmiumGreen said:

Does that mean I can try and sell this for $500...it is a rare piece of paper not often found...it even has blue lines on it ready for writing...

This is a lovely and certainly rare piece of paper.
I don't think I have seen one like this before. It is unique.
While there may have been many similar produced, this looks special.
Have you considered getting it graded?

I have to ask the obvious question, is the picture of the Obverse or the reverse? It’s hard to tell.
Could you provide a photo of the other side?

I do think $500 is a good starting point for negotiation.
However, does this include shipping?
And would you ship to the UK?

[CadmiumGreen]

3 minutes ago, JasonDavies said:

This is a lovely and certainly rare piece of paper.
I don't think I have seen one like this before. It is unique.
While there may have been many similar produced, this looks special.
Have you considered getting it graded?

I have to ask the obvious question, is the picture of the Obverse or the reverse? It’s hard to tell.
Could you provide a photo of the other side?

I do think $500 is a good starting point for negotiation.
However, does this include shipping?
And would you ship to the UK?

Why thank you...haven’t considered grading. Here is a photo of the obverse...

 

I would consider shipping to UK, free postage with other shipments I have going over!

[Aknot]

Call Nicholas Cage!

[CadmiumGreen]

17 minutes ago, Aknot said:

Call Nicholas Cage!

I didn’t say it was the original!🤣