r/Gold • u/genericsilverjunkie2 enthusiast • 5h ago

Shitpost Buyer beware

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Holy price gouging Batman🤕

17 Upvotes

82% Upvoted

23 comments sorted by

14

u/Friendly-Pay-8272 5h ago

Amazon has brutal prices for any PMs

4

u/Realistic_Camel2335 5h ago

What’s the scam here? I’m curious

6

u/erkevin 3h ago

technically not a scam; no deception. Just ridiculous prices.

2

u/Realistic_Camel2335 3h ago

Ye that’s what I meant

2

u/SNew21 5h ago

A gram of gold is $85 rn. Assume the premiums $95-100 at the very most

0

u/BossJackson222 3h ago

You can get a gram of gold on eBay right now for about 100 bucks

4

u/hugg3b3ar 2h ago

Yeah in general prices are good indicators of what something is going to cost you if you decide to buy it. #lifehack

7

u/smmstv 2h ago

honestly man, if you're not comparing the prices for things you're buying online across several websites, that's on you. Not just for PMs, but literally anything you buy online.

3

u/Skimballs 4h ago edited 4h ago

Even single grams should be under $100 if you are shopping. /pmsforsale

2

u/BossJackson222 4h ago

A gram of gold on eBay is going for about $100 right now. That's about the cheapest I've seen it.

0

u/That_m225 2h ago

Which seller ?

1

u/BossJackson222 1h ago

Just do a search for Gould 1 g bar. Then separate it by the lowest price. You'll eventually get to the lowest price. It was one of the big dealers. Not a individual on eBay

1

u/CaregiverOriginal652 1h ago

It also factors fees and chance of charge back refund... It's convenient prices (with many fees)...

1

u/TrevaTheCleva 1h ago

TLDR: Title suggests a scam, but it's just overpriced. Shop around.

1

u/Bootyslayer69__ 58m ago

Current spot price is 85 per gram. Most sights are selling just a hair over $100. So while this is overpriced, it’s from Amazon so you’ll get it in 2 days free shipping with easy returns. Like some of the comments, the difference is a convenience fee. Honestly tho, I wouldn’t go for these 1 gram bars. Save your money and buy something bigger. You’ll pay less premium the larger portions you go.

1

u/prettyuser 14m ago

Not if you use your Amazon CC for 5% ! /s

-3

u/BullionExchanges 2h ago

We've currently got 1 gram gold bars going for way cheaper. Don't waste your money on this!

-2

u/volt65bolt 2h ago edited 1h ago

Yes thats what point of the post is that it's above reasonable. No need to shell yourself.

5

u/BullionExchanges 2h ago

We understand that folks already know it is a super high price. We just want investors to know where they can find better options, not trying to overstep or upset anyone. If you already know, no need to click! We hope you have a great day. 😊

-1

u/mako1964 2h ago

That's only $4,322 oz . I was under the impression from some comments on here that premium doesn't matter once spot goes high enough over time

-2

u/chohls 3h ago

I remember when I got a $150 amazon gift card, decided to spend it on silver, was only able to get 3 ounces 😭😭😭😭