Selling Raw Gold

[hkla_1]

PMMC Assayed gold bars ( rectangular ) each weighing approximately 12.4 kilograms . What is best or optimum sells pitch ❓

[bamorris]

For Sale: Gold Bars Assayed by PMMC. 12.4 Kilograms per bar.

Tested using the latest in technology and 100 percent guaranteed to be pure (not fake) gold bars.

Honestly, you're not going to want to hear this, but I would find a gold buyer locally. Selling gold bars at roughly $26,000 USD per bar is just asking for problems.

This platform is not designed to transact gold bars at that weight. If you have gold bars of that weight, it seems odd that you would post such a message. You clearly should know your stuff and know better than to post them on eBay.

[ittybitnot]

@hkla_1 

According to my calculations 12.4 Kilograms of gold is over 27 lbs. US.  How is it that eBay has dispensed with the usual selling limits for new sellers that allows you to post the two items you have for sale?  

[bamorris]

@ittybitnot 

This has to be a scam. Who sells gold bars like this? 

Photo stolen from https://www.facebook.com/photo/?fbid=599277631625998&set=pb.100046313006340.-2207520000.

[ittybitnot]

Photo stolen from...

@bamorris 

LOL... I didn't get that far yet.

[kensgiftshop]

If the listing is for 4 pieces, why do your photos show 10 pieces?

[dbfolks166mt]

According to my calculations 12.4 Kilograms of gold is over 27 lbs. US.  How is it that eBay has dispensed with the usual selling limits for new sellers that allows you to post the two items you have for sale?  

Your calculations are pretty close for each 12.4 bar.

In the first lot there are 4 bars or a total of 49.6 Kilos of gold or just over 109 pounds. 

That's 1,594.6 troy ounces.

     The current market price of gold is around $1,864.00 per troy ounce. On the metals market that makes the first listing worth $2,972.464.00. Something is REALLY off here if my math is correct.

[soh.maryl]

That is not exactly true, but would prefer not to engage in a debate.

And you should be ashamed of the accusation you made of that responder.  

[luckythewinner]

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@hkla_1 wrote:

PMMC Assayed gold bars ( rectangular ) each weighing approximately 12.4 kilograms . What is best or optimum sells pitch ❓

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Why in the world would you pay 15% fees to sell something that is a commodity with a widely recognized spot price?  And why would your buyers pay to have gold shipped?

Is this post really just an advertisement  trying to drum up off eBay transactions?

[spark-chaser1]

I would not buy anything on the Bay that would require armored vehicles and armed security to transport and deliver. Just sayin'.

[inhawaii]

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@hkla_1 wrote:

PMMC Assayed gold bars ( rectangular ) each weighing approximately 12.4 kilograms . What is best or optimum sells pitch ❓

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sales pitch.

[maxine*j]

You don't need a sales pitch.  Just take that gold from those Ghanian "family holdings" to any legitimate dealer and walk away with suitcases full of cash for it.   No reason whatsoever to flog it on eBay.

Speaking of PMMC:

https://www.pulse.com.gh/business/local/pmmc-warns-public-to-beware-of-gold-scam-syndicates/fgcrwhs

A quick Google shows that both the Ghanian government and the U.S. embassy in Accra have some words of advice about gold scams, too.

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[ckimodog]

@hkla_1 

Given all the scams and fraud that occur regularly on all E commerce platforms, I would not selling those bars here on Ebay or any other platform.  As a new seller, you are taking a big risk and setting yourself up.  Remember someone can do a chargeback on anything you sell to them up to 180 days, claiming they didn't recognize that charge.  You'll be out the gold and the money.  Sell it locally to a pawn dealer or a jeweler who buys precious metals and sell it for cash. 

Good luck. 

[spark-chaser1]

...besides... I already have a bulk shipment of gold bullion on the way that I purchased from a Nigerian prince. Its running late, past the EDD, but its coming a long way to get here, sooooo....

[dbfolks166mt]

You may want to take down your first listing it conflicts with the second one which states 

• Gold bars kilogram. Since each bar weighs 12.4 kilogram each , of which there is four ( 4 ) 12.4 kilogram each so by eBay rules only 1.1 lb bar can be purchased since there are approximately 2.2 # per kilogram ❗❗Thus I'm obliged to restrict the sell to approximately 15 oz.  or less per month at market value 

Are you cutting the bars down to 15 troy ounces??