You Can Now Buy Gold & Silver on eBay!

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Rao goes on to say, in part:

There has been increased interest in buying gold and silver, says eBay, and APMEX, one of the world’s largest online Precious Metals retailers, was a perfect partner for this vertical.

All of the 200 Precious Metal products in the Bullion Center are backed by eBay Buyer Protection and APMEX satisfaction guarantee, says the marketplace giant, and all purchases are delivered safely to residences and businesses in unmarked packages.

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While there are currently sellers of gold and silver on the eBay marketplace, it’s tough to apply either the auction or fixed price model to these items because the value is constantly in flux in a given day. With the AMPEX vertical, all prices are up to date, up the minute of purchase.

Gene Cook, manager of emerging verticals at eBay, says that the company highlighted bullion as a category they wanted to go after in more aggressive way…[and] felt that partnering with APMEX would bring an element of credibility and trustworthiness to the vertical….

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*http://techcrunch.com/2012/12/19/ebay-makes-a-big-bet-on-gold-and-silver-sales-with-ampex-powered-new-bullion-vertical/

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