Gold! How Valuable Is It? Answer: It depends how much there is and how many folks need it. If there is a rangy demand and low supply of gold then the value shoots up If there is a low demand and colossal supply of gold then the value plummets You sense that
Is There Gold in Them There EBay Hills?
Normally, gold is priced relative to the extensive value which is based on rampant demand and wholesale supply
A gold mine shuts down at the twin case as the kinsfolk in the domain charge long to buy supplementary gold and the payment impartial about stays the same. Why? Because the widespread demand and supply has infrequently changed it’s only changed in that particular domain so it doesn’t make any difference to the pandemic price.
So the top you can do with gold is to buy it in a simple where the price is
lowest and vend in a idyllic where the price is leading But after you’ve paid for shipping (it’s VERY heavy) you’re not left with much sake You’d have to vessel TONS of the cloy and ALL the time to make any freeze money
Which is possible
But on eBay, the perception of supply and demand can be changed You can make the supply look low and the demand high. regardless of the rampant price
This style you can buy gold from someone who has made the supply look high/demand look low and resell it forming the supply look low/demand look high
I call it “Supply and demand intensification”
It’s a VERY fearsome strategy indeed!
Before I give you the example, let me explain how it works.
For a supply to be perceived as high, the phenomenon must be everywhere you look. Loads of family all selling the twin phenomenon practice you can secure one at any time.. sometimes if you wait crave enough the effects of relay commit necessitate the prices down
So you get loads of kin selling it and not many rushing to buy it
But if it’s a one off, immediately you’ve got a instance where the supply is VERY low AND loads of kinsfolk all rushing to buy it (Because it’s scarce)
As a result, the selling charge goes through the roof!
So when using this strategy, your paramount pursuit is to stratum your phenomenon as a one off. And the only method to do this, because of the actuality that eBay has set categories with no choice but to be listed with all the others, is to implant the phrase ‘Rare’ into your paramount title
Buyers use the phrase ‘Rare’ in addition to their article keyword to whittle down the effect and reprocess them situation looking So instead of moderate typing ‘Gold’ they style in ‘Gold rare’ or ‘Rare gold’.
EBay then searches for all titles with those two keywords in
When an eBay buyer types in ‘rare’ they comprehend that the influence that come up will almost be ‘once in a lifetime’ buys So these buyers are ready to snap device up.
The ones who genus in ‘Rare’ alongside the keyword are THE first buyers you can get! The supply looks extraordinary low and the demand (due to the reality you’ve used the title ‘Rare’) seems remarkably high
Not only do they buy at a higher price, they also buy as soon as they feasibly can!
A DREAM scenario
Here is the phrase of the thing I bought.
1911 GEORGE V 22 CARAT FULL GOLD SOVEREIGN
I bygone up receipt two of them for 82 each plus 2 postage.
I used our sloping template and inserted the alike information they used in their description but in our method I then changed the expression to.
1911 GEORGE V CORONATION GOLD MEDAL VERY RARE AU
You’ll command that I changed the name ‘Sovereign’ to ‘Medal’ This is because I comprehend that additional folks use the keyword ‘Medal’ than ‘Sovereign’. Mainly because it’s quicker for them to sort in
I besides added ‘Coronation’ which I thought was an famous keyword, and the letters AU which is the chemical spell for Gold Then there are the words’ Very Rare’
That one sold for 212.48. 10 day slanting 1 starting bid I even donated some to charity which may have helped a bit.
Not particularly jolly about this, I put the additional one up using this title.
1911 GEORGE V CORONATION GOLD MEDAL AU – RARITY
Same everything else, reasonable changing ‘Very Rare’ for ‘Rarity’
It sold for 475!
That’s fresh like it 393 behalf less eBay charges.
I’m not 100% sure why ‘Rarity’ out pulled ‘Very Rare’. But I surmise if you look at both those terms, ‘Rarity’ implies it really is a one off, and ‘Very rare’ implies there are fully a few ‘Very’ could mean anything
I wondered if this could be applied to any something I wondered if I could buy a DVD or device that was in lanky supply, call it casual and doorstep it for a profit.
But then I remembered the halcyon rule: Honesty sells!