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Home Moneta Blog Stupid is as stupid does

Stupid is as stupid does

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Some burnt fingers in the precious metals market and particularly on that paragon of value: eBay.

Below are indication prices for gold and silver coins currently selling on eBay. Typically premiums on are around 10-20% HIGHER than the underlying metal.

I will never understand why people pay well above real value, but “stupid is as stupid does.”

 

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