This was posted 8 years 6 months 28 days ago, and might be an out-dated deal.

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10g Lady Fortuna PAMP Gold Bar $546.10 Shipped, 25x 2016 Silver Kangaroo Coins $655 Shipped on Perth Bullion eBay

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10g Lady Fortuna PAMP Gold Bar $546.10 Shipped, 25x 2016 Silver Kangaroo Coins $655 Shipped on Perth Bullion eBay
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Cashback
gringo on 28/09/2015 - 10:03 ebay.com.au (3139 clicks)
Last edited 30/09/2015 - 21:13 by 2 other users
CLICK15

After catching some gold fever from the bitgold deal (which is still running BTW), I thought I'd use the CLICK15 15% off eBay code to accumulate some physical gold at close to spot.

As an example I've chosen the 10g Lady Fortuna PAMP bar as it is close to the max $666.66 you can get cashback on. It costs $636 + $5.5 from Perth Bullion - a dealer on eBay with a physical store and online presence (lowish risk).

  • (After 15% eBay offer) = $540.6
  • (After 2.5% Cashrewards cashback) = $524.7
  • Total Price inc. postage = $530.4

How good a deal is this? Compare to the spot price for 10g, which is $524.523 (AUD)

Therefore you are getting 10g of gold delivered at 6 bucks over spot (~1%) - not too shabby. 10g is a good liquid size to hold also.

Comparison pricing:

And then you have to pay postage on top (you could collect if you are local I suppose).

If you want to try use the shopandmint 4% you can do even better (and it will get you close to the $50 you need to cash out straight away if you buy 2x).

Another example:

25x 2016 Kangaroos in tube - again from Perth Bullion (these are not individually encapsulated - but they are low premium coins and are .9999 instead the usual of .999) = $747 + $8 postage

  • (After 15% eBay offer) = $647
  • (After 2.5% Cashrewards cashback) = $630.825
  • (Total price inc. postage) = $638.825
  • /25 = $25.553 per oz, which is better than the online stores listed above also (for qty 25).

So the deal is, consider buying some gold (or silver) on ebay - it is probably about as cheap as it will ever be!

EDIT: Unexpired due to Perth mint bar available. $636 still, which is a bit pricy IMO. Perhaps make an offer?

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closed Comments

  • turkz1 on 28/09/2015 - 13:53

    is this significantly cheaper or am i missing something?

    • gringo on 28/09/2015 - 14:04
      +1

      That's the one I mentioned above. Currency conversion and postage are the difference. Calculations as follows:

      • (After 15% eBay offer) = $494.0455
      • (After 2.5% Cashrewards cashback) = $481.694
      • Total Price inc. 43.37 postage = $525.064

      Problem is that paypal won't give you that currency conversion.

      Also it's an international store. Not saying you shouldn't trust them - but you should look into it closely before purchase.

      • turkz1 on 28/09/2015 - 14:09

        thanks mate.. silly me was doing the math wrong. marginal savings at best. seems like going local is a better option.

      • hendroxi on 29/09/2015 - 01:28

        Is there anyway to post to an American address and use an American debit card with this deal? I am currently in America and can get a conversion rate of 70c (I have already converted my money to USD at this rate). So if I could get it sent to my address here I could get it for about $482.

  • tomleonhart on 28/09/2015 - 14:02

    Thanks OP. Bought 100.

    • moo on 28/09/2015 - 14:07
      +4

      Yet you can only save up to a max of $200 plus 2.5% cashback (or 4%). Seems your broden-wannabe comment didn't take into consideration these constraints ;)

      • gringo on 28/09/2015 - 14:09

        Possibly has access to 2 ebay accounts?

        • moo on 28/09/2015 - 14:12
          +1

          2 ebay accounts will just double the aforementioned figures!

        • gringo on 28/09/2015 - 14:13

          @moo:

          Guess it depends if we are talking about the silver or the gold. I was assuming the silver (25 coins per lot).

      • tomleonhart on 28/09/2015 - 14:11

        LOL darn it.

  • Riczter on 28/09/2015 - 14:30

    So how much would I get if I sold one of these today to one of those shopping centre gold buying places?

    • Dacs on 28/09/2015 - 14:39

      About half what you paid for it.

      • Riczter on 28/09/2015 - 14:40

        Figured as much. But if I wanted to sell it for the max possible value where would I go, and how much would I get roughly?

        EDIT: Just read Gringos above post, looks like ABC mint would buy it back for $517.33

        • Riczter on 28/09/2015 - 14:48

          So any idea what the PAMP 10g gold would sell for on silver stackers roughly? Just trying to work out if its cheap enough to give an immediate return on investment or not

        • Dacs on 28/09/2015 - 14:51
          +2

          I'd expect anyone on Silverstackers who is in the market to buy would know about this ebay deal so you can probably forget about making any profit until a demand has built up again.

          But normally it would sell for spot plus a couple of percent.

  • tinx on 28/09/2015 - 14:32

    just curious, if i have gold bar from overseas can i sell it here ?

    is there any difference in price with perth bullion's gold bar ? and where to get the best price in australia when selling ?

    • nowlan on 28/09/2015 - 14:41

      You can sell gold bullion here. Just make sure you have an assay. The one sold by perth bullion is minted in Europe, but well known brand. You typically pay a premium for the arty minting. I would avoid ebay, as you lose a percentage of sale. Try silverstackers or gumtree where you can name your price. Dealers will only pay you spot price.

      • tinx on 28/09/2015 - 18:26

        I dont have any paper or invoice for the gold since it was a gift. Can i get gold assay done in australia (melbourne) if i bought from overseas without any paper? If can, any recommendation ? Thanks. :)

        • Dacs on 28/09/2015 - 18:36

          I wouldn't worry too much about an assay other than for your own peace of mind that your gold is legit. Any buyer would almost certainly want to do their own test to satisfy themselves that it's genuine.

        • tinx on 28/09/2015 - 18:51

          @Dacs:

          now that you said that, i'm worried that my parent might get cheated by the seller :)

          so how do I get the gold assay ? Not sure if there's any simple test that I can do myself.

        • Dacs on 28/09/2015 - 19:05

          @tinx:
          If you're in a main city then go to a reputable gold dealer.
          And/or put a post on http://forums.silverstackers.com and ask if there's someone with and XRF or ultrasound tester who'll help you out.

        • tinx on 28/09/2015 - 19:46

          @Dacs: thanks dacs ! will check it out.

    • Dacs on 28/09/2015 - 14:44

      Not much difference. Some bars have a little more numismatic value than others but I think that's usually just marketing hype on the part of the seller.
      Some dealers will give you spot price or just under but sell on http://forums.silverstackers.com if you want to get the best price without ebay fees.

  • Tafe on 28/09/2015 - 15:17
    +2

    Just be careful with Shop and Mint. 1.Payment using any type of voucher or eBay credit may result in your purchase being ineligible to earn cashback.

    Was enough to scare me back to the welcoming arms of Cashrewards…

  • FiDad on 28/09/2015 - 15:31

    sorry for this noob question but is it better value then buying it directly from https://www.abcbullion.com.au/store/gold ?

    • gringo on 28/09/2015 - 15:36
      +1

      Yes.

      $560 at ABC, and you have to go get it or pay for it to be posted.

      • FiDad on 28/09/2015 - 15:41

        Thanks Gringo. Just bought 1

    • Bullion Baron on 28/09/2015 - 16:33

      Yes, provided you are maximising the discount by staying under $666. Typically ebay is not a very cost effective way of buying bullion.

  • goneos on 28/09/2015 - 15:58

    Two ebay accounts have come in handy…

  • gringo on 28/09/2015 - 16:05

    2 accounts, 4 bars!

    Gosh feeling a bit inadequate now - so just redeemed some bitgold 10g cubes. See how we go.

  • bctransit on 28/09/2015 - 16:12

    can I use 1 eBay account with 2 PayPal accounts? then 4 x 15% off?

  • Knightelf on 28/09/2015 - 17:04

    Imma buy 10 of these PAMP bars so when people visit my place I look PAMPED out

  • da1andonly on 28/09/2015 - 18:00
    +1

    Who here is buying it to prepare for the zombie apocalypse?

    • mad__llama on 28/09/2015 - 18:07
      +2

      10g of gold is just gonna bounce off a determined zombie. You can buy a whole bunch of shotgun shells for $546.

      • jackau on 28/09/2015 - 18:59
        +1

        no.. we need M-16 AK-47 M4A1s and 100 case of bullets to protect against the chaos :p

        • mad__llama on 28/09/2015 - 22:35

          jackau: I'll keep a spot open for you in my bunker - as long as you bring your toys :)

        • jackau on 28/09/2015 - 23:36

          @mad__llama:
          I will need a armour truck to roll those in, it be more mad max than walking dead

  • cuteduck on 28/09/2015 - 18:18

    Thanks. bought 1 for my wife collection

    • mad__llama on 28/09/2015 - 22:36
      +4

      Whoa! How many wives do you have?

      • ccrap on 28/09/2015 - 23:59

        Must have a harem!

  • MaccDogg on 28/09/2015 - 18:36

    Perth Mint 10g Gold Minted 99.99% AUD 569.93

  • crentist on 28/09/2015 - 20:48

    Is there any difference between the PAMP and the Baird&Co 10g bars? It looks the same, right?
    Why spend the extra $20 for the same weight and purity?

    this one: http://www.ebay.com.au/itm/1-x-10-gram-gold-bar-Baird-and-Co…

    • Dacs on 28/09/2015 - 21:04

      Pamp is minimum 99.99% pure vs 99.90%, and "PAMP bars have an unparalleled finish and shine, and come beautifully packaged with certificates of authenticity."
      Edit - Although picture of the Baird shows stamp of 999.9

      • Charity on 29/09/2015 - 09:57

        999.9% pure??? that is better than 100% OMG, shut up and take my money

  • Happy501 on 28/09/2015 - 20:57

    Bought the 10g gold. The ebay order details tells me it will come in the ordinary post yet their item summary said it will be express post. Crap

  • WillKillfor5Cents on 28/09/2015 - 23:22

    tks OP! Been eyeing to stack some bars, finally took the plunge. Only have PMGOLD exposure so far. But, I want to touch my gold, not just see it in numbers.

  • Captain Electrode on 29/09/2015 - 00:33
    -5

    I wouldn't bother. It's cheaper to buy regular gold than novelty gold bars. The current asking price is AU$1639.54 per ounce for 99.99% pure gold. Ten grams equates to one quarter of one ounce. Therefore a ten gram bar of 99.99% pure gold is worth AU$409.88(5). ie. Despite the novelty factor, those ten gram bars of 99.99% pure gold are currently worth AU$226.11 less than their asking price. Gold prices seem to be on the way down, too. About two months ago, 99.99% gold was going for about AU$1750.00 per ounce.

    • gringo on 29/09/2015 - 01:00
      +1

      Um no. 1 troy oz is 31.1034768 grams.

      1/4 oz is 7.7758692grams - not close to 10 grams

      • Captain Electrode on 29/09/2015 - 11:37

        I got the conversion from this site: http://alldownunder.com/australian-convert/measurement-chart…
        You may be correct, but gold is not always weighed in Troy ounces. The Perth Mint website doesn't say Troy ounces. It only says "oz".
        If they are using Troy ounces, then the gold bar is worth AU$526.74. Meaning the non-discounted eBay price is way above the current "asking" price. After discounts, it's only AU$2.04 cheaper than the current "asking" price.

        • Dacs on 29/09/2015 - 11:39
          +4

          Nope, it's troy oz. They're selling precious metals, not virgin olive oil.

        • Captain Electrode on 29/09/2015 - 21:34

          @Dacs:
          Thanks. I didn't know that.

          By saying ounces, instead of troy ounces they're falsely advertising. They could also be in breach of Australian trade practices for advertising the gold bars in ounces instead of grams. As from the early 1980s, all retail stores (gold is being sold as a retail product) must legally advertise in metric. (The first states changed to metrication in 1982. W.A. followed later on, but there doesn't appear to be any official record of when that happened.)

  • imcold on 29/09/2015 - 01:06

    Well got price are generally affected by so called dumping of gold into the market by governments the most recent one by the Chinese government.

    http://www.businessinsider.com/gold-price-flash-crash-caused…

    And who can forget Peter Costello dumping of 2billion worth of Australian Gold bullion on the market. And boy did things go south..

    • gringo on 29/09/2015 - 02:19

      In 1997 Australia sold 2/3 of our national gold reserves for ~$300 USD/oz

      And people say he was a good treasurer…

  • phobo on 29/09/2015 - 08:31
    +1

    Pretty crazy that when this post was just up they had like 2 sold and now have 133 sold in 24 hours. The things people buy for a deal!

  • dd22qq on 29/09/2015 - 09:25
    +2

    Offered $600, they countered with $620 so went ahead and pulled the trigger ($532.50 delivered after discount).

    Probably could've gone a bit lower initially and left wondering what the lowest previously accepted offer might've been.

    • goneos on 29/09/2015 - 09:38
      +1

      I know of three other offers that were all countered the same. As a seller myself, you know what you'll counter and don't really vary.

    • gringo on 29/09/2015 - 09:45

      How does making an offer work with the cashback? Does it still track?

      • dd22qq on 29/09/2015 - 09:59

        Worked fine. Code is entered into redemption code box AT checkout AFTER offer has been negotiated and accepted (keeping in mind there's a maximum of two transactions per person/account).

        • gringo on 29/09/2015 - 10:01

          Not talking about the code but the 2.5% cashrewards cashback. This is worth ~$20.

        • dd22qq on 29/09/2015 - 10:11

          Yep. Sorry, didn't use cashback.

  • Dacs on 29/09/2015 - 10:06

    Crazy that Perth Mint charges spot + 22% for the 10g Lady Fortuna compared to Apmex who charge spot + 11% and also throw in free postage within the US. It makes it cheaper to buy from Apmex and pay the $57 for international shipping to Australia.

    Talk about price gouging. And I these are Perth Mint's normal prices. I don't think they've jacked them up for the eBay special.

  • RocketSwitch on 29/09/2015 - 10:42

    Out of stock again.

  • Tafe on 29/09/2015 - 15:53

    $543.02 AUD shipped from the US. Includes Paypal Conversion rate: 1 AUD = 0.6753 USD

    Cashrewards for cheaper still

    http://www.ebay.com.au/itm/10-Gram-Sunshine-Mint-9999-Fine-G…

  • gooddealmate on 29/09/2015 - 16:14

    I'll be your 100th +plus vote for a silver badge :)

    • gringo on 29/09/2015 - 16:24

      Thanks mate - I was a bit bummed thinking it would finish on 99. Perth Bullion might restock at some stage so will keep an eye out.

      • gooddealmate on 29/09/2015 - 16:31

        Think I'd rather go for the 1kg bar works out a little bit cheaper, haven't quite decided yet though.

  • fluffypoo on 29/09/2015 - 17:50

    Oops, got too excited there for a bit!

  • novicenow on 29/09/2015 - 21:17

    I could initially see the promotion on each page where it could be used (below the Payments section there was a small banner that said something like "Use code CLICK15…").

    However, I can no longer see this except on ebay's home page.

    Does anyone know if anything's changed? I intend buying something worth more than AUD 666, and I'm hoping this means I'll still get AUD 100 off it.

  • mr who on 30/09/2015 - 20:42

    For anybody that still wants to get their hands on 10g gold, perthbullion has listed another item: http://www.ebay.com.au/itm/301754610056

    • gringo on 30/09/2015 - 21:15
      +1

      Cheers - have unexpired the deal.

  • ols108 on 30/09/2015 - 21:27

    bought, thanks OP

  • cashless on 30/09/2015 - 22:09

    Nice spot guys.
    Got in 2 hours before the ebay expiry.

    I struggle with maths sometimes, but this looks like a great deal as I type.
    Spot price = US$1,123/ounce = AU$1,597.64/ 0.35274 (10g to ounce conversion) = AU$563.55
    So, according to that, I just bought for about AU$17 below spot price - I think?

    Hang on, I'm being a dumbass.
    Recalculated and it looks like I bought for US$1075/oz.
    Spot price is US$1123/oz.
    So, quids in:)

  • ols108 on 30/09/2015 - 22:19

    now what do I do with it ? lol

    • imcold on 30/09/2015 - 23:29

      Your prepared for the zombie apocalypse when money is worth nothing?

      • ols108 on 01/10/2015 - 09:11

        But what use will gold be ?

  • Ninjabredman on 08/10/2015 - 12:16

    apparently they sold over 200 bars on the day due to the ebay sale and now the next batch of lady fortuna bars wont be out until 20th of october :(

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