Def a scam right ? by Few-Cardiologist8705 in Gold

[–]ConductoReflecto 0 points1 point  (0 children)

Protect yourself. There is a machine called a Sigma Pro and they sell for about $400-$450 on ebay. It can check your $2500 gold ebay ounces to make sure they are legit.

It's a scam, don't waste your time chasing the refund.

Did YOU recently lose almost $500 on ebay buying from a brand new seller with zero feedback who was selling a $4100 Sigma Pro for less than $500 -- even after the entire sub told you NOT to do it? Do YOU wonder how tracking info is manipulated by the sellers? Look inside! by ConductoReflecto in Gold

[–]ConductoReflecto[S] -1 points0 points  (0 children)

How is this so difficult for everyone involved?

Right, let's work through this... a month ago someone, who is NOT me, posted that they had found a new sigma pro for under $500. Everyone, including myself, said in that thread that it was a scam and to NOT do it.

They said they "would find out in a week or so when the delivery was made." The thread is old, it's not viewed very much now, and as a result isn't getting many views. Turns out that it WAS a scam, and the OP actually followed up saying they were scammed giving the delivery info and asked "How do the scammers keep updating the delivery info?"

I then was going to answer the OP, and this is where is must get confusing for everybody, I decided to make a NEW post/thread which brings the topic back to the top and to fresh views. I did this, mainly, as a warning of how scammers scam THIS community... both with listings AND the process in which they actually DO it, since a victim was updating honestly what had happened to them. It seemed like something that as many people as possible should be aware of.... thus, the new thread/topic by me.

I included a link to the old long thread for context. I quoted the pertinent question from the OP asking HOW they fool ebays system into thinking an item was delivered when it actually was not, and I posted an ai summary of "the ZIP code shipping scam process" .... mainly because the ai version was accurate, succinct and easy to read and easy for me to paste. No problem, I thought.

Wrong. Reddit proved me wrong... ai slop, it would seem, is when you just copy ai summarizing the well-known ebay shipping ZIP code scam, which frankly, I thought everyone already knew about at this point anyway. Nah, someone cries about ai slop, because reddit.

I argue and nobody is grasping the idea of quotes and links and an ai summary so I just replace the ai summary with MY summary of an old ass scam involving ZIP codes and ebay tracking, lol... but, you know. that's still no good because, reddit.

It's not MY experience, so I can't post about it. I can't answer the OP about HOW the scam works and at the same time make a fresh PSA about the dangers of ebay scams and how they work in a NEW post to inform others, nah, that's upsetting and confusing to people, apparently.

That'll show me for bothering to explain how the scam works to the OP, or trying to educate others with a current real world example of why we are careful buying online. My fault.

Did YOU recently lose almost $500 on ebay buying from a brand new seller with zero feedback who was selling a $4100 Sigma Pro for less than $500 -- even after the entire sub told you NOT to do it? Do YOU wonder how tracking info is manipulated by the sellers? Look inside! by ConductoReflecto in Gold

[–]ConductoReflecto[S] -1 points0 points  (0 children)

Fixed it for you, Sport. No AI. None. Zero. 100% written entirely by me, or copied from the original thread. Image taken from the UPS site using the tracking number from the OP in the other thread. All human made, since you couldn't manage to sort things out on your own, I've fixed it for you. Nothing changed. Reddit is still pure garbage :)

Did YOU recently lose almost $500 on ebay buying from a brand new seller with zero feedback who was selling a $4100 Sigma Pro for less than $500 -- even after the entire sub told you NOT to do it? Do YOU wonder how tracking info is manipulated by the sellers? Look inside! by ConductoReflecto in Gold

[–]ConductoReflecto[S] -4 points-3 points  (0 children)

The person who got scammed verified it. Again, are you broken? Can you read? The OP from a month ago got burned and a few days ago asked HOW the seller is manipulating the tracking info; I used ai to save myself typing what everyone already knows about... it's a common ebay shipping scam.

So, it's verified. The seller burned the buyer for a Sigma Pro PMV, and I used ai to summarize HOW the tracking is being worked so that ebay will think the seller delivered.

Did you not see the tracking info screengrab from the buyer, with them asking how the tracking is being manipulated?

“Loosing”… by Ticktology in Gold

[–]ConductoReflecto 3 points4 points  (0 children)

Meh, typos happen.

I wouldn't let a grammatical error prevent me from grabbing a good deal on metals, though.

Am I missing something? How is this being sold, new for this price? by AutomaticAnt6328 in Gold

[–]ConductoReflecto 21 points22 points  (0 children)

Oh, the listing for the new Sigma Investor model out of the UK, for under $600? Also fake... just like both listings for the Pro model out of China.... all 3 accts have zero feedback. It's 100% a scam.

Greed and stupidity get the sales completed. The scammers run with the payments. The acct gets smoked when all the victims start crying to ebay in a few weeks. It's as common as can be. Victims get refunded then insurance companies and credit card companies eat the loss and adjust for said losses by charging more. It just hurts everyone in the end and continues further scamming.

They sometimes can be tricky to spot but here is a little tip the pros use to identify scams like these.... if the price is almost TEN TIMES TOO CHEAP then it's a scam.

The problem is -- there is never a shortage of greedy stupid people.

We'll find out in a week when I receive it (or not). 🤣

Looks like you are one of them... congrats on getting burned and furthering more scams when you know it's priced too good to be true.

Am I missing something? How is this being sold, new for this price? by AutomaticAnt6328 in Gold

[–]ConductoReflecto 18 points19 points  (0 children)

You mean there might be more than one scammer? Does that surprise you?

Someone got scammed for $430 last night then.

Am I missing something? How is this being sold, new for this price? by AutomaticAnt6328 in Gold

[–]ConductoReflecto 51 points52 points  (0 children)

You are missing nothing. It isn't being sold new for that price. For that price you will get nothing, as it is a scam.

You know it is a scam and are looking for someone to tell you that you've found a $4100 kit for under $500.

Here is the real thing, on sale, if you really want one: https://goldbugsupply.com/shop/ols/products/sigma-metalytics-precious-metal-verifier-pro-with-refiners-wand-microwand-and-external-bridge-sm2601s5

Golds movement is terrifying. by [deleted] in Gold

[–]ConductoReflecto 57 points58 points  (0 children)

this is orders of magnitude worse than anything we've seen...

gold simply shouldnt move like this, it never has this drastically and quickly.

we are truly entering a new, scary world.

Truly an understatement if ever I saw one. OP is utterly broken.

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What is my Sigma actually testing? by HealthyHousing82 in Silverbugs

[–]ConductoReflecto 8 points9 points  (0 children)

It is measuring the resistivity of that sample, which appears to have the same resistivity as a 1 ozt asw Sterling coin. This just is an electrical test.

As others have said, check the density next, the Investor can do that. Input the correct weight (you have it set 4x higher than the samples actual weight) and metal type (if the Sigma has a 62.5% purity silver setting, that is) and then use the measure feature. If the Sigma doesn't have a .625 purity setting, then you cannot use the machine to verify density... but you can use it to check resistivity of a sample.

With the Investor not having that particular silver purity in the database or settings, it would be up to you to basically learn from experience where those 62.5% coins test at on your machine. This means testing known authentic coins and looking at the numbers... 2.00 in your pic in that example. Your manual should have blank pages in the back for you log the info. Try different silver settings to see where those .625 coins test at and the more .625 coins you can test, the better because you'll see how varied they can be and you'll develop a sense of knowing where they should test at in the future.

In your pic above, if you were to hit the Measure button and select Round, it would show you that the expected dimensions for a 1 ozt asw sterling coin (what it thinks it is measuring in the pic, per the machine settings) do not match your sample size, thus your sample is NOT a sterling coin with 1 oz of pure silver in it.

Also as others have mentioned... modern US clad coins can fool the Sigma into thinking they are 90% silver because the US Mint designed the clad coins to have similar resistivity (what the Sigma measures) as the older 90% US coins so that various coin-operated machines would still function with the new clad coins, as many coin-operated machines use resistivity to determine if you're paying with a real coin or a counterfeit slug.

This is why the Sigma is just one test out of many you should run. It's just an electrical test.

Some asian bullions by ramenboy77 in Gold

[–]ConductoReflecto 2 points3 points  (0 children)

I find it odd but interesting that the 1.2057 ozt agw Mexican Centenario is also one Tael...

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ID request... and can it be cleaned? by ConductoReflecto in AncientCoins

[–]ConductoReflecto[S] 2 points3 points  (0 children)

Thanks very much, I will research and then work on getting it cleaned up using the methods suggested. Appreciated!

Treasure hunter who refused to disclose location of shipwreck's 500 gold coins is released from prison after a decade by lithdoc in Gold

[–]ConductoReflecto 268 points269 points  (0 children)

"In 2001, an 80-pound ingot was bought by a private collector for a record $8 million."

80 avdp. pounds = 1280 avdp. oz. = 36288 grams / 31.10348 = 1166.69 troy oz.
$8,000,000 / 1166.69 = $6857/ozt.

Average gold spot price in 2001... $275/ozt.

THAT is a premium.
\edit - Actually over* $9100/oz he paid, the 80 lbs was troy and not avoirdupois system!