***Precious Metals Investors Club***

[White Cobra]

Placer Deposits and E-Bay Listings

SP,

I need to research exactly what Placer Deposits are but I think I have a logical idea. Are these natural places gold would be found like under heavy boulders or in the bends of streams?

Odd you mentioned that today. Earlier this morning, I and my dad stopped along the French Broad River at a point where a local trout stream runs into the river. I know the river bed is considered to be ancient and the river is one of only a few in the world that runs North. I saw a few people with mining pans very close to where we were about a year ago. So, now I know a simple place to look when it turns warmer.

As for E-Bay, how do you sell without seller's fees? Even on free listing events, I think the standard seller fees are charged. Also, another approach to listing I have found effective is to have a BIN at top value in conjunction with an opening bid option just a few dollars below the BIN.

For instance, you could have a 1964 Kennedy Half worth about $15. You could do a BIN for $15 with a starting bid option of $12.50. Often, someone will bid the lower amount to cancel out the BIN option and in hopes their low bid stands. Personally, I try to research my pieces and have BIN around going values.