How Do You Lose Money Buying Ungraded Gold Coins On Ebay?
This article covers what not to do when buying ungraded Gold coins on eBay. PREFACE – This article assumes you have some basic knowledge when it comes to buying Gold coins through auctions on eBay. If not, see my article on “How to Buy Gold Coins on eBay”. The link is at the end of this article. (This will give you at least a foundation to work with in understanding this article.) BIDDING ON CLEAN COINS – I am obviously a novice when it comes to understanding a coin’s collectability, but from my mistakes I have learned a few things. One was an early on mistake where I only selected coins that presented themselves cleanly in eBay auctions. I liked the pretty, shiny coins. I made sure the coins were very clean and had no visible scratches. I thought, based on the PCGS online price guide, that I had somehow ‘struck Gold’ with finding nearly flawless cheap coins on eBay. My ignorance had me estimating that I was going to double or quadruple my investment. It was nice to dream about for a w
