bcfromfl
Full Member
- Joined
- Feb 18, 2016
- Messages
- 249
- Reaction score
- 305
- Golden Thread
- 0
- Location
- Youngstown, FL
- Detector(s) used
- GPX 4500,
Fisher Gold Bug Pro,
Gold Hog stream sluice
- Primary Interest:
- All Treasure Hunting
Hi everyone --
I was checking out possible ways and places to sell nuggets found with my detector, and have been watching a few eBay sales to get an idea of what the current market is supporting. I thought the general idea was spot + a premium for nuggets, based upon size and unusual shape...however, the recent auctions are closing for prices under spot, with free shipping to boot -- even on larger pieces! The same goes for small baggies of finer placer material. There's certainly a lot of gold moving on eBay, seems like a couple sellers are selling their findings from dredging in Alaska.
I also noticed that the "buy-it-now" auctions are listed with spot + premium prices, but those auctions just sit with no takers.
What's up with that? Is there perhaps a better way to get a higher price? I don't know how much of a cut you'd have to give a refiner these days, but the way things look on eBay, I'm not sure there's much difference any longer. (Maybe refiners make up the bulk of gold purchasers online?)
Thanks for your input!
I was checking out possible ways and places to sell nuggets found with my detector, and have been watching a few eBay sales to get an idea of what the current market is supporting. I thought the general idea was spot + a premium for nuggets, based upon size and unusual shape...however, the recent auctions are closing for prices under spot, with free shipping to boot -- even on larger pieces! The same goes for small baggies of finer placer material. There's certainly a lot of gold moving on eBay, seems like a couple sellers are selling their findings from dredging in Alaska.
I also noticed that the "buy-it-now" auctions are listed with spot + premium prices, but those auctions just sit with no takers.
What's up with that? Is there perhaps a better way to get a higher price? I don't know how much of a cut you'd have to give a refiner these days, but the way things look on eBay, I'm not sure there's much difference any longer. (Maybe refiners make up the bulk of gold purchasers online?)
Thanks for your input!
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