Technology and gaming content trusted in North America and globally since 1999
8,619 Reviews & Articles | 61,090 News Posts

eBay jumps into the precious metals game with AMPEX-powered Bullion Vertical

eBay to enjoy a rock solid 2013, will begin selling precious metals next year

Anthony Garreffa | Dec 20, 2012 at 2:26 am CST (0 mins, 58 secs time to read)

At the moment, eBay sell virtually everything - but one market they haven't gotten into is precious metals. Gold and silver are pretty much safe havens for investors, with stocks and currency constantly fluctuating, as it is easily manipulated at the top of the food chain, but precious metals are scarce.

eBay jumps into the precious metals game with AMPEX-powered Bullion Vertical | TweakTown.com

eBay have announced a new, exclusive partnership with APMEX which will see eBay offer up the APMEX Bullion Center on eBay, which is open for business. eBay have said that there has been an increase in interest of precious metal purchases from consumers, and with APMEX being one of the world's largest precious metals retailers, it is a great partnership for the online merchant.

The Bullion Center offers 200 precious metal products, which are all backed up by eBay's Buyer Protection and APMEX's satisfaction guarantee. All of the purchases are also delivered safely to consumers in unmarked packages. Gold and silver currently sell on eBay, but it's hard to stamp the fixed-price or auction model to these items as the value of the metals are constantly changing with every passing minute. APMEX offers up-to-date pricing, right up to the minute of purchase.

Last updated: Apr 7, 2020 at 11:31 am CDT

NEWS SOURCE:techcrunch.com
Anthony Garreffa

ABOUT THE AUTHOR - Anthony Garreffa

Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

Related Tags