Gold deals can be found on eBay from trusted and reputable sellers. All of the major online gold bullion dealers also sell on eBay. When combined with special offers such as eBay Bucks or periodic eBay 10-15% discount coupons it is possible to get great deals on gold bullion below spot price.
The best deals for buying gold on eBay come at times when eBay is offering a promotion. Periodically throughout each financial quarter, eBay runs promotions involving their eBay Bucks program which increase the eBay Bucks earning to as much as 10% on qualified purchases.
Buying gold on eBay during these promotional periods is almost like getting a 10% discount on gold bullion. eBay Bucks is a rewards program that acts similar to the way cash-back credit card programs work. Normally, eBay Bucks earns a 1% reward on qualified purchases.
When eBay runs an eBay Bucks promotion the increase in the cash-back reward can be as high as 10%. The cash-back rewards accumulate through each financial quarter and become eligible and must be spent during the first month of the subsequent financial quarter.
When shopping for gold and silver bullion on eBay the prices and premiums often seem unrealistically high, even from trusted and reputable dealers. This is partly due to the fees eBay charges sellers for listings. As well, PayPal fees are typically incorporated into the cost as well. Combined, these fees can make the cost of some products up to 10% to 15% higher than they seem on bullion dealer websites.
When comparing prices on eBay for Gold and Silver bullion it’s important to make sure that you’re comparing it to the Credit Card/PayPal price that is listed on the dealer’s websites. This is the closest comparable price.
Typically, dealers like APMEX, Bullion Exchanges, Liberty Coin and BOLD Precious Metals will sell gold bullion on eBay that is eligible for eBay Bucks and other promotions. Dealer’s are aware of when the promotions are running and will often adjust their pricing on eBay accordingly knowing that savvy buyers are looking for a good deal.
During the promotion periods it’s common to find both foreign gold coins and Pre-1933 US Gold coins available for close to or below spot price when factoring in the promotional discount or earned eBay Bucks.
Foreign Gold Coins, such as British Sovereigns, French 20 Francs and Mexico 20 Peso Gold are regularly found for sale near or below melt price. Double Eagle $20 Gold Coins and $10 Eagle Gold Coins, including some that are graded by NGC or PCGS can be found at or near melt price as well.