Why I dont like Online Auctions

People do not do their homework before they bid, even if it is in their convience. Right now 1 Gram of 24Karat gold's market value is a little over $45. However these people have already bidded on it making it over $100.

propertyroom.com/ItemDetails.aspx?l=7934983&utm_source=blue&utm_medium=EMAIL&utm_campaign=NEWSLETTER&utm_content=5_5_2011]http://www.propertyroom.com/ItemDetails.aspx?l=7934983&utm_source=blue&utm_medium=EMAIL&utm_campaign=NEWSLETTER&utm_content=5_5_2011

bad if your buying it, great if your the seller though. I agree though, a while back I was looking into buying silver on ebay, wish I would have boguht some through a broker or anyone as prices were super low back then.

Anyhow, silver regardless of scrap, coins, bars, etc was going for WAY more over spot price than even an expensive dealer will sell for.

I just noticed a company that is having a storage unit auction in our area but bids will be placed online. It's different than the other company that posted here a few months back.