Replies to post #19752 on ***Precious Metals Investors Club***

[White Cobra]

Sometimes Straight PayPal Is Better

It is possible to sell and accept items via PayPal. The buyer must trust you enough to send the money and waive the buyer's protection E-Bay tends to provide.

Granted, most buyers may hesitate on this seeing how it costs them no extra to buy it through E-Bay. Yet, if you and the buyer have some degree of trust doing the PayPal option can save you around 10% of the sellers fees. PayPal option will run around 3% and normally be paid by the seller. Also, the transaction has the option of being noted as a purchase.

I am not sure if many sellers of gold and silver items do this, but it is something to consider if you and the buyer have some degree of trust.