The $36,000 eBay 360 Faceplate Scam

Seller claims solid gold fascia for console – expert dubious.

Posted by Staff
With the Xbox 360 generating about as many headlines for the auction insanity it's provoked in addition to any other aspect of its launch, we couldn’t resist bringing you this listing for what purports to be a solid gold 24 karat faceplate.

The listing reads, “Up for auction is this one of a kind poor man's xbox 360 faceplate from a private seller who wishes to remain anonymous. As with anyone who has too much money than they know what to do with, he wishes to remain anonymous and avoid any questions concerning investments, loans, or other solicitations, so all questions will go through me. Bid with confidence - see my feedback of over 360 sales. Serious bidders only please!”

Of course, the world’s elite, having decided to fall head over heels with gaming, often cast solid gold peripherals then ask sellers of discount garage door components to hawk them on eBay. Happens all the time.

It continues, “This is a pure 999.9 solid gold "bar" that has been cast into the shape of a functional Xbox 360 face plate. The IR receiver, ports, and buttons are all functional! Half of the pictures show the plate by itself and the other half of pictures show the face with the buttons and port covers in place. Again, this is functional and will mount onto an Xbox 360 console. The weight of the gold by itself is approximately 900 grams. The face plate is immaculate with no scratches - mint condition! (no pun intended) The pictures do not do this item any justice. Truly a must see... and have!”

And more. “This thing is AMAZING! When my friend brought the plate over, there was this heavenly *clunk* sound that resonated through the house as it hit the counter top. MAN - I just wanted to grab it, whack him over the head with it, and run... My precious!!!! It was very strange to hold. As I looked at it, I saw a face plate, but it felt like I was holding an anchor. (Again, thoughts of whacking entered my mind.) By far the coolest part of this item is that it is functional... well maybe it's the second coolest part. Obviously the fact that it is 900 grams of solid gold is the coolest part. But what I mean is - this isn't a "museum" piece that just sits on the mantle... you actually use it! After all, it's the price of a man's toys, not his art, that separates him from the boys!”

Now for the best bits. The seller asserts that although is friend is a penny-pinching Scrooge, he runs matching Lamborghinis, yet values friendship over and above mortal objects.

“My friend is very unique. He is very frugal and clips coupons for Arby's beef and cheddar sandwiches and yet owns a matching pair of black and white Diablos because they, "look nice together like that don't they?", as he puts it. Just before he left with the plate I told him it must be nice to be so stinking rich to be able to afford these kinds of eccentric toys. He just smiled and chuckled saying, "I'm not rich... I'm poor. I'm a poor man. But I am rich in friends!" I guess I feel better about not whacking him on the head.”

So could it be real? According to the seller, it really is erm, real. Honest. “Understand that ultimately the winning bidder is going to receive this item and could easily have it verified for its authenticity. Is it worth it to me to uproot my family and leave the country with only $36,000 dollars?? That's not even an entire years income for me! No... I think I'll pass and send them the real thing, as I don't feel like going on the lamb (sic).”

We showed the auction to an expert in precious metals who simply commented, “It’s quite clearly a piece of sprayed plastic. The iridescence is akin to that of a high-quality spray, though could be leafed – however, that would take time. Of course, the key to this is the complete lack of hallmarks. There is no way on earth that any individual would melt down and cast almost a kilo of pure gold and not insist that it correctly marked and no craftsman that would leave the piece unmarked. Add to this that no legitimate seller would fail to point out said markings and you have a crook trying to cash in and head for the hills.”

SPOnG has contacted the seller regarding the listing and will report any feedback in this piece.

Comments

majin dboy 7 Dec 2005 18:02
1/8
good lord. some people,eh
DoctorDee 7 Dec 2005 18:19
2/8
What I like is how he tries to verify the wealth of his "friend" by saying that he has two Diablos, one white, one black, because htey look great together.

But all the rich people I know got rid of their Diablos ages ago and bought Murcielagos. One bought a Gallardo - which I prefer.

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config 7 Dec 2005 18:25
3/8
Isn't gold "magic" in that it has special optical properties, with light actually passing through it and bouncing back out from "within" the material?
Kinda like a multicoat pearlescent or irridescent paint finish, this is what gives gold the lustre that can't be faked.
BlackEyedFish 7 Dec 2005 18:29
4/8
Good to know that the B**s***ds not going to get away with it now.
DoctorDee 7 Dec 2005 18:32
5/8
The Xbox Faceplate is approximately 80cc in volume. Gold weights 19.3g/cc so if it were made of gold, it would weigh over 1.5kg - he claims it weighs 900g.

The whole thing is just a way of getting lots (22,000 so far) of people to look at his listing. Halfway down, he pimps his other items for sale... Taiddan garage remote controls.
DoctorDee 7 Dec 2005 18:44
6/8
One final poke. Gold is currently at $508 per oz. Or roughly $17.9 per gramme.

So 900 grammes would be worth a little over $16,000. So his opening bid price of $36,000 is a little optimisitic. In fact, if he were to get that, he could actually have one cast and make a profit!!!
jordanlund 7 Dec 2005 23:26
7/8
Not only that it is clearly gold paint. I mean, it couldn't be more clear that it is a spray-painted faceplace.

Here's what solid gold looks like:

http://www.maxton.com/conund3/conund3-11g.jpg

Notice, the faceplate doesn't look ANYTHING like this.
SPInGSPOnG 8 Dec 2005 09:55
8/8
jordanlund wrote:
Notice, the faceplate doesn't look ANYTHING like this.


Gold is shiny.
Gold paint is satiny.

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