BAM eBay Buyer Blog

Posts for eBay buyers about buying on eBay

Silver American Eagles Won on eBay using Buyer Auction Manager

Created new category

Silver American Eagle LotI've been pretty busy in the last two weeks and I haven't added any blog posts. I thought, I'll start by creating a new section to advertise my eBay software. I'll start posting items that I win using Buyer Auction Manager that I consider good deals.

Lot of 27 Silver American Eagles

About a week ago, I was watching Pawn Stars and running Win It Now module of Buyer Auction Manager searching for gold and silver eagles. The software picked up 1986 - 2012 lot of 27 silver eagles. I opened the item, quickly went through description, looked at the Buy It Now price, calculated price per coin and purchased it. All that in less than 70 seconds from the time this auction was posted.

Why is this a good deal?

My total price for 27 coins was $800 (including shipping and handling). The price per coin come to $29.63. The lot included 1996 silver eagle which sells for premium because it's the lowest mintage year. At the time of my purchase silver spot price was around $31.70. Silver eagles usually sell for $3+ over the spot price. If you can find them for $1 over spot, please let me know where as I'm interested in buying more. Just adding $1 to the silver spot makes the price $32.70 per coin. I would be a buyer at that price. This means that I would be willing to pay at least $880 for this lot which saved me $80+. As far as I'm concerned I got a great deal. If you buy sliver, you know that it's almost impossible to find eagles for below silver spot price.

Conclusion

I used my eBay software for buyers to get this great deal. If you're interested, try it yourself. It comes with 30-day no obligation trial.

Robert