The Best of Ebay

[goldenchild]

When I buy GF, I always use the formula:
1/20th x .375k x grams = grams of 24k.
In this case, .05 x .375k x 510g = 9.56g 24k

So, 9.56 24k x 54.63/24k spot = $522.33, if my math is right.

I bought some GF today & that's how I calculated.

Someone correct me if I'm wrong, please.

Thanks,

Phil

This formula is good for other jewelry like pins, cufflinks, rings and so on. But like Oz has mentioned watchbands are a special case in that only the caps are gold filled. Here is the forumla I use and am spot on in the high 90 percentile.

After doing probably hundreds of pound of GF watchbands I have come to the conclusion that the watch caps make up about 30% of the bands total weight (bot mens and womens). And the most common by far is 1/20 10k. So...

510 x .3 = 153g (caps)

153 x .05 = 7.65g (10k karated gold)

7.65 * .417 = 3.19g (pure gold)

3.19 * 54 = $172.26

So the pure gold in this lot would be worth about $172.26 keeping in mind that this is if the bands were in PERFECT condition. I suspect that this is why the bands go for so much on ebay. Calculations are being made including the stainless steel weight on the bands.

 

[philddreamer]

Gentlemen, thank you for adding the extra details & sharing your expertize!

I have a regular costumer & she separates the GF shells from the watchbands before I buy them.
She buys 18 gal's plastic containers with assorted jewelry & she separates the karat, GF & others & makes it easier for me to test.

I make sure of the weight % of gold, & karat of the GF or GP & then I "adjust" my formula accordingly. :mrgreen:

WOW, & I thought the 1/40th I saw the other day was the thinnest!

Phil

 

[jimmydolittle]

I just found this precious gem!http://www.ebay.com/itm/GOLD-NUGGET-JEWELERY-REFINING-SCRAP-19-3-GRAMS-/330645284590?pt=LH_DefaultDomain_0&hash=item4cfbfea6ee

 

[patnor1011]

Too much of a quartz comes for a price of gold in this auction.

 

[jimmydolittle]

Exactly, I estimate there may be 4.5 grams in it, but that may be high.

 

[jimdoc]

I threw a low bid on these Maple Leaf coins earlier before I left for work. One of the sellers same group of 10 coins went for $202 the day before so I went a little higher to see what happens.

When I got home from work I see that I won the auction at $235.50 and the seller marked the item as payment received one minute later. I emailed them asking why they marked it paid and they sent me a response saying they would send an invoice. They did but it was through paypal and not through Ebay.

I have been burned by sellers for not following Ebays stupid rules before, so I refused to pay them unless I get the invoice payable through Ebay. Has anybody else heard of anything like this? Is it a scam from the start, or a stupid seller?
Item # is 270861309206 if the link doesn't work.

http://www.ebay.com/itm/270861309206

Edit;
I see that the seller sent the invoice through paypal minutes after the auction ended, what I thought was a response from the was a reminder notice. Sounds like a scam to me.

Jim

 

[kelly]

Jim,
I'd be nervous, the seller has zero feedback and HE ended the auction("This listing was ended by the seller because the item was sold.") . Why would a seller end the auction, especially when the price is less than spot for the silver alone? Do what you need to cover your arse.
K

 

[jimdoc]

Jim,
I'd be nervous, the seller has zero feedback and HE ended the auction("This listing was ended by the seller because the item was sold.") . Why would a seller end the auction, especially when the price is less than spot for the silver alone? Do what you need to cover your arse.
K

I don't see that the seller ended the auction early, that is another red flag, it just says that I was the winner. I told them I refuse to pay for it unless it goes through Ebay. I bid on another auction recently for a 2008 100 Ameros, item #280770077544 when the seller had a zero feedback. Got the coin pretty cheap, well cheaper than the original selling price. And all his sales seem to be with positive feedback so far up to 16 now.
I don't worry about zero feedback when it is through Ebay, but I don't trust this seller's actions.

Thanks. Jim

 

[MysticColby]

I'd like to point out that his product information is copy/paste from wikipedia (http://en.wikipedia.org/wiki/Canadian_Silver_Maple_Leaf)
it gets fishier!
also, he has too many 9's. he has "99.9999 fine" while that coin (and his description) have "99.99% silver"
It does seem fishy, but I just can't see where the scam would be.

 

[jimmydolittle]

http://www.ebay.com/itm/Gold-Refining-Vacuum-Assisted-Filter-/180765929148?pt=LH_DefaultDomain_0&hash=item2a167d2ebc

Who knew a few plumbing pieces could be so valuable?

 

[kuma]

Hi all , how are things?
I hope all is well! :mrgreen:

http://www.ebay.com/itm/Gold-Refining-Vacuum-Assisted-Filter-/180765929148?pt=LH_DefaultDomain_0&hash=item2a167d2ebc

Who knew a few plumbing pieces could be so valuable?

On the face of it , it almost seems genius , I love the simplicity.
But , what are the chances of loosing values to the vacuum here ? I would think that inverting the piece for the vacuum attachment would greatly reduce the risk , maybe even eliminate it , or am I missing somthing? :roll: giggles :mrgreen:
All the best and kind regards ,
Chris



(Edited , forgot to add illustrative masterpiece :lol: )

 

[darshevo]

Jim,
I'd be nervous, the seller has zero feedback and HE ended the auction("This listing was ended by the seller because the item was sold.") . Why would a seller end the auction, especially when the price is less than spot for the silver alone? Do what you need to cover your arse.
K

I don't see that the seller ended the auction early, that is another red flag, it just says that I was the winner. I told them I refuse to pay for it unless it goes through Ebay. I bid on another auction recently for a 2008 100 Ameros, item #280770077544 when the seller had a zero feedback. Got the coin pretty cheap, well cheaper than the original selling price. And all his sales seem to be with positive feedback so far up to 16 now.
I don't worry about zero feedback when it is through Ebay, but I don't trust this seller's actions.

Thanks. Jim

Amusingly in a week or 2 you could open a complaint stating you paid for the item and never received it being as he clicked the item paid button

 

[jimdoc]

I told them to unmark it as paid so I can pay through Ebay. They did so I paid for it.
Now I just have to wait and see if I get them, and that they are real.
At least now they will be covered by Ebay if there is a problem.
That marking it paid when it wasn't was weird.

They are probably unhappy that they went so cheap. They should have sold or bought some other stuff first to get some feedback first before listing precious metal items.

Jim

 

[Palladium]

Heres the link the seller gave me :arrow:

[youtube]http://www.youtube.com/watch?v=a7EUUW6XFWs[/youtube]

 

[Oz]

I could only bear watching the first half of the video. Truly sad from what I saw.

 

[macfixer01]

Hi all , how are things?
I hope all is well! :mrgreen:

http://www.ebay.com/itm/Gold-Refining-Vacuum-Assisted-Filter-/180765929148?pt=LH_DefaultDomain_0&hash=item2a167d2ebc

Who knew a few plumbing pieces could be so valuable?

On the face of it , it almost seems genius , I love the simplicity.
But , what are the chances of loosing values to the vacuum here ? I would think that inverting the piece for the vacuum attachment would greatly reduce the risk , maybe even eliminate it , or am I missing somthing? :roll: giggles :mrgreen:
All the best and kind regards ,
Chris



(Edited , forgot to add illustrative masterpiece :lol: )

Well I watched through the video and I believe for as simple as it is, it isn't bad. I initially had the same thought as you though, that the vacuum source would grab some of the values if they managed to get through what turned out to be a tripled coffee filter. In the video though you can see there is a central drain tube inside which extends down several inches past the branch where the vacuum is attached.

macfixer01

 

[kuma]

Hi all , how are tricks today?
I hope all is well!

Well I watched through the video and I believe for as simple as it is, it isn't bad. I initially had the same thought as you though, that the vacuum source would grab some of the values if they managed to get through what turned out to be a tripled coffee filter. In the video though you can see there is a central drain tube inside which extends down several inches past the branch where the vacuum is attached.

macfixer01

Ah O.K. that makes sense! :mrgreen:
My thinking with regards to the possibility of losing values here was when filtering the AuCl solution prior to precipitation , would it have been pulled down through the vacuum pipe.
I did watch the video until about halfway through , but I wasn't sure if it was really going anywhere and I wanted to save internet credit.
I guess I should have stuck that one out! :lol:
I do like the idea though , it's deffinatly something else I'll consider when I finaly get the chance to build myself a lab , 8)
Thanks for the heads up on that one Macfixer!
All the best and kind regards ,
Chris

(Edited to correct error)

 

[jimdoc]

I threw a low bid on these Maple Leaf coins earlier before I left for work. One of the sellers same group of 10 coins went for $202 the day before so I went a little higher to see what happens.

When I got home from work I see that I won the auction at $235.50 and the seller marked the item as payment received one minute later. I emailed them asking why they marked it paid and they sent me a response saying they would send an invoice. They did but it was through paypal and not through Ebay.

I have been burned by sellers for not following Ebays stupid rules before, so I refused to pay them unless I get the invoice payable through Ebay. Has anybody else heard of anything like this? Is it a scam from the start, or a stupid seller?
Item # is 270861309206 if the link doesn't work.

http://www.ebay.com/itm/270861309206

Edit;
I see that the seller sent the invoice through paypal minutes after the auction ended, what I thought was a response from the was a reminder notice. Sounds like a scam to me.

Jim

Well this seller turned out to be a scammer. Ebay sided for him stating that he provided a tracking number proving delivery. I had to ask them for the tracking number, and find out that it was sent to the wrong address, probably on purpose just to get the tracking number, and probably an empty box of course. A big waste of time. Hopefully Ebay refunds me after I send them proof that it was not delivered to my house. He probably scammed every one of his buyers. He even sent the package before it was payed for. Ebay really needs to get with it on dealing with problems, they really are tough to deal with.

Jim

 

[ps2fixer]

Ebay is not only feebay but also scambay....

I bought 30 oz of fake sivler engelhard coins, had them tested by the local coin dealer, and 15+ things pointed to them being 100% fake including weight and size (bigger but were under weight compaired to real ones). I messaged the seller that they had 24 hours to reply and refund or i'm reporting the item, well something happened, ebay removed all of their listed items, and the seller didn't reply so I reported it as item not as described (it said .999 silver, which it isn't) and it was hard to find where to report the item, ended up in the resolution center and NO other reference for it anywhere else. About a week later my email reads that the SELLER refunded the money to me, which is really odd since there is no request to send the fake coins back, which is normally required with tracking proof. After a month (a week or so from now) I plan to cut one of the coins in half since I have my $900 back and no requirements to send them back. Guessing they are copper, local coin shop is interested in buying them at copper value to show their customers the fakes and show how poor ebay is for buying PMs.

Good luck and don't give up, worse case, involve the police since it is fraud.

 

[macfixer01]

This looked interesting, maybe some additional income from those processing gold plated pocket watches? Not sure if rolled or filled can be adequately processed in a cell to get all the gold? Anyway this Ebay seller in New Jersey is advertising that he will buy the remains of pocket watch cases, AFTER they've already been reverse-electroplated to remove the gold. No idea what he pays, but it says any condition and top dollar paid. I assume that they'd be mainly copper by that point?

http://www.ebay.com/itm/130612647061

macfixer01