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KYnyts · (This post was last modified: 03-15-2012 01:51 PM by KYnyts.)

Because I have too much time on my hands today, I was entertaining myself by browsing the high cost of coins on Amazon.com. I ran across Mercury dimes for $1.16 each! Quickly I calculated what it would cost per ounce. Wow!!!! An ounce of silver for $16.24! I put 14 dimes in my shopping cart just to make sure there wasn't a mistake, planning to clean them out if it wasn't. No mistake...the total cost for 14 coins was $16.24. Sadly, however, I was done in by shipping & handling:

Order Summary
Items (14): $16.10
Shipping & Handling: $69.86
Total Before Tax: $85.96

Darn!

***kshymkiw*** · (This post was last modified: 03-15-2012 02:06 PM by kshymkiw.)

(03-15-2012 01:50 PM)KYnyts Wrote: Because I have too much time on my hands today, I was entertaining myself by browsing the high cost of coins on Amazon.com. I ran across Mercury dimes for $1.16 each! Quickly I calculated what it would cost per ounce. Wow!!!! An ounce of silver for $16.24! I put 14 dimes in my shopping cart just to make sure there wasn't a mistake, planning to clean them out if it wasn't. No mistake...the total cost for 14 coins was $16.24. Sadly, however, I was done in by shipping & handling:

Order Summary
Items (14): $16.10
Shipping & Handling: $69.86
Total Before Tax: $85.96

Darn!

Where do you live, where Shipping and Handling on 14 dimes, would be 70 dollars?

**edit** I think i found the deal you were talking about http://www.amazon.com/One-Silver-Mercury...170&sr=8-1

I would contact the seller, and ask if they will ship in one container for a flat rate. All Amazon is doing is 4.99 per item * the number you select = shipping charges. Email the seller and ask if they will work a deal for you.

kcrone1 · 03-15-2012, 02:14 PM

They can do this and charge what ever they wish for shipping. It's done on ebay alot to. The seller puts a very undervalued "buy it now" price and if you don't look at the shipping charges you get creamed, I almost fell for the exact same thing.

KYnyts · 03-15-2012, 04:56 PM

(03-15-2012 02:02 PM)kshymkiw Wrote:
(03-15-2012 01:50 PM)KYnyts Wrote: Because I have too much time on my hands today, I was entertaining myself by browsing the high cost of coins on Amazon.com. I ran across Mercury dimes for $1.16 each! Quickly I calculated what it would cost per ounce. Wow!!!! An ounce of silver for $16.24! I put 14 dimes in my shopping cart just to make sure there wasn't a mistake, planning to clean them out if it wasn't. No mistake...the total cost for 14 coins was $16.24. Sadly, however, I was done in by shipping & handling:

Order Summary
Items (14): $16.10
Shipping & Handling: $69.86
Total Before Tax: $85.96

Darn!

Where do you live, where Shipping and Handling on 14 dimes, would be 70 dollars?

**edit** I think i found the deal you were talking about http://www.amazon.com/One-Silver-Mercury...170&sr=8-1

I would contact the seller, and ask if they will ship in one container for a flat rate. All Amazon is doing is 4.99 per item * the number you select = shipping charges. Email the seller and ask if they will work a deal for you.

That's where they are making their money. No way they are going to sell silver for less than half of spot. I wish! Smile

***Honey*** · 03-15-2012, 05:05 PM

Kynyts... It would be interesting to see if they will ship them all together.. If they won't. There's your answer. If you do ask them.. let us know what they say..

What a bunch of jerks.. Didn't crunch the numbers, but that is around $80.00 per ounce!! OUCH!!

Dudesome · 03-15-2012, 07:31 PM

Ppl are making profits on delivery fees becsuse the delivery fee is not taxed Big Grin

Thats been like that for some time.now. I wonder why nobodys really doing anything.about.that. Such a sweet spot to exploit. I have seen different stuff being sold for 10% of an.actual price only to find an insane delivery fee. Everyones gotta make their living hehe.

***Honey*** · 03-15-2012, 07:34 PM

(03-15-2012 07:31 PM)Dudesome Wrote: Ppl are making profits on delivery fees becsuse the delivery fee is not taxed Thats been like that for some time.now. I wonder why nobodys really doing anything.about.that. Such a sweet spot to exploit. I have seen different stuff being sold for 10% of an.actual price only to find an insane delivery fee. Everyones gotta make their living hehe.

There is a difference between "making a small profit" and usury...

Dudesome · 03-15-2012, 07:46 PM

it only looks like a small profit to u. now multiply it by the many deals those merchants make within a month and Im sure its gonna make a fine stack of fiat cashes that ppl adore so much Tongue

Dudesome · 03-15-2012, 07:50 PM

as for usury. well in many cases the tax is imposed onto the.buyer so...

victor kruger · 03-15-2012, 09:20 PM

ebay postage has been capped here in the UK depending on what your selling so much so that often you actually lose on the postage fee Sad

not sure about amazon

***Honey*** · 03-15-2012, 09:44 PM

(03-15-2012 09:20 PM)victor kruger Wrote: ebay postage has been capped here in the UK depending on what your selling so much so that often you actually lose on the postage fee not sure about amazon

Hey Victor..

Say Hi to your better half for me..

Any luck with your Guidestone research? Heart

blacksmithden · 03-16-2012, 03:24 AM

Congrats. You're the victim of misleading advertising. Hey...let's call it what it is.

97guns · 03-16-2012, 09:23 AM

(03-15-2012 02:14 PM)kcrone1 Wrote: They can do this and charge what ever they wish for shipping. It's done on ebay alot to. The seller puts a very undervalued "buy it now" price and if you don't look at the shipping charges you get creamed, I almost fell for the exact same thing.

thats how i sell on ebay, i dont do this to decieve buyers. with the outrageous fees between ebay and paypal sellers have to beef up their shipping fees to offset everything.