how dumb is this/are people?

*zap*

WKR
Joined
Dec 20, 2018
Messages
7,122
Location
N/E Kansas
So on a gov auction site a lot of 10 1 gram silver bars sold for $1494. just under 100 bids. Pictures show clearly that the bars are marked one gram and the listing said the winner will receive 10 one gram silver bars. 10 one gram silver bars are worth $8 plus a small premium charge. I think Greed makes people see what they want to see....

 
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TVW

Lil-Rokslider
Joined
Dec 12, 2023
Messages
147
Location
Idaho
That's wild. Even if they thought they were 1oz pieces, they still overpaid by $1,250 based on today's price.
 
Joined
Apr 22, 2012
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7,421
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Chugiak, Alaska
I'm not able to access the site because I'm on my work computer, but if a 1 Troy oz. silver bar is 31.1 grams, and measures 1"x2" x 0.125" thick, how big exactly would a bar that is over 31 times smaller than that be? I'm not even sure if I would be able to see a bar that small with my naked eye.:ROFLMAO:
 

MTN BUM

Lil-Rokslider
Joined
Oct 4, 2018
Messages
226
Location
Montana
Im guessing there are at least 93 people who thought they were bidding on silver ounces, and still too dumb to figure out they overpaid even if they were 1 oz bars...
 

Hnthrdr

WKR
Joined
Jan 29, 2022
Messages
2,659
Location
Co
Whoops 😬 haha they are paying more than gold prices for some sweet silver grams
 

5811

WKR
Joined
Jan 25, 2023
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389
Im guessing there are at least 93 people who thought they were bidding on silver ounces, and still too dumb to figure out they overpaid even if they were 1 oz bars...

A fool and his money...
 
Joined
Mar 1, 2017
Messages
1,987
Location
Eagle River, AK
Collectors items? Who knows.

There was a legit deal back in the day when you used to be able to buy certain collectable coins for face value with a credit card. You could get all the cc awards/points then turn the coins back in at the bank and repeat. Lots of free flights were earned off of that til they figured out they were losing money
 

Hnthrdr

WKR
Joined
Jan 29, 2022
Messages
2,659
Location
Co
Collectors items? Who knows.

There was a legit deal back in the day when you used to be able to buy certain collectable coins for face value with a credit card. You could get all the cc awards/points then turn the coins back in at the bank and repeat. Lots of free flights were earned off of that til they figured out they were losing money
I dable in precious metals… none of that is worth squat over the strike price. Pretty common stuff
 

TaperPin

WKR
Joined
Jul 12, 2023
Messages
1,982
There’s that one guy who bid really high, then figured it out and sat there with a lump in his stomach hoping someone would out bid him. That’s usually me. Lol
 

ThorM465

Lil-Rokslider
Classified Approved
Joined
Feb 8, 2023
Messages
238
Location
Madison, AL
So on a gov auction site a lot of 10 1 gram silver bars sold for $1494. just under 100 bids. Pictures show clearly that the bars are marked one gram and the listing said the winner will receive 10 one gram silver bars. 10 one gram silver bars are worth $8 plus a small premium charge. I think Greed makes people see what they want to see....

Sounds like money laundering.
 

Beendare

WKR
Joined
May 6, 2014
Messages
8,324
Location
Corripe cervisiam
It's the dumbing down of America.....there are some seriously uninformed and stupid people out there.

They talk about a big divide between the 'haves' and 'have nots'....I bet its all. related to IQ
 
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