Every week I auction off one piece of silver bullion for $.01 with no reserve, ending Sunday night. This week's auction is for a 1 gram Silver 'Pacific Northwest Salmon' Round.
For this week's auction I'm opening it up to everyone (not just U.S.)
Here's the results last Sunday's auction, congratulations JRSOTER: 1 Gram 999 Silver Bar "Old Ironsides" $1.04
And the results from past weeks:
1 Gram 999 Silver Bar "Old Ironsides" $.47
1 Gram 999 Silver Bar "Maple Leaf" - $2.25
1 Gram 999 Silver Round "Indian Penny" $.56
1 Gram 999 Silver Round "Prospector" $1.50
As you can see, they frequently go for less than the melt value of the silver - so some people are getting an awesome deal since they frequently sell for $5 + elsewhere. (see, for example an auction from yesterday here)
Yes, I lose money when this happens but to me it's like cheap advertising - and I hope you will take a few minutes to check out my store after you bid!
I think you will find my eBid prices are lower than anywhere else since eBid doesn't gouge us on fees, and I pass most of that on to the customer. Thanks for looking everyone.