Saturday, February 12, 2011

Silver Investing - Silver Sniping On eBay

When I have some spare time, I like to look at the various silver coins that are being auctioned on eBay. While I haven't seen many "deals", every now and then I find something that is of interest enough for me to bid on. That may be Walking Liberty Half Dollars, Silver Philharmonics, Silver Rounds, Morgan Dollars, etc. As long as the current bid isn't too high, the shipping fee is reasonable, the seller has a high positive feedback with a good number of transactions under his/her belt and there are only a few hours to go on the auction, I will probably place a bid.

Nothing is more frustrating than almost having the winning bid when some other bidder "steals" it from you with seconds to go. Then it's too late to place a higher bid before the auction ends. That's where sniping comes in. There is a free service that allows a bidder to automatically place a bid with just seconds to go (sniping) thereby increasing the odds of being the winning bidder. And the bidder doesn't even have to be by his/her computer. Just enter the eBay item number, the maximum bid and when to place the bid (how many seconds before the auction ends). Then go play outside. If interested, go to Goofbay and read up on eBay Sniper. This site offers other useful services that you may find of interest.

If you have come across other useful silver investing tools, please share them on this blog.

Thanks for reading.

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