Beware Silver Scam on eBay

Megan Duffield emails:

I recently came across a scam where sellers on eBay are not being fully honest in their descriptions of items and selling silver-plated copper bars as .999 silver. If buyers pay attention to the fine print, they'll see...but if you skip it, you're in for a world of hurt.

She continues:

There are listings of supposed .999 silver accompanied by the words “100 Mills”. This isn’t pure silver. It is a copper bar or round plated in silver. The seller may tag the item as “1 Troy Oz. 100 Mills .999 Silver”.

I’m not dissing copper, but you don’t want to pay silver prices for it! An easy way to avoid from this not-so-sly trick is take note of bidding prices. If most people are underbidding or if there are unfavorable reviews on the seller, READ THE FINE PRINT. Actually, you should be reading the fine print anyway...buying silver for that special someone is a great gift idea. Just play it smart and get educated now on buying precious metals the right way!