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If your Christmas choice was an 1879-S AU Morgan or a share of Ebay

CoinstartledCoinstartled Posts: 10,135 ✭✭✭✭✭
edited December 23, 2018 1:50PM in U.S. Coin Forum

Which would you prefer? Each is worth about $26.54! ;)

I'll take the coin.

Comments

  • CoinstartledCoinstartled Posts: 10,135 ✭✭✭✭✭

    I see that Manofcoins has posted but I don't see the post. This place is really strange.

  • CoinstartledCoinstartled Posts: 10,135 ✭✭✭✭✭

    Happened to Specialist a few months ago. We had to call in Rod Serling to recover her.

  • ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭

    The single units at that price do not make sense as an investment.

    The better question is would you rather have 100 shares of ebay or 100 1897-S AU Morgans. I'll take the stock.

  • CoinstartledCoinstartled Posts: 10,135 ✭✭✭✭✭

    @ErrorsOnCoins said:
    The single units at that price do not make sense as an investment.

    The better question is would you rather have 100 shares of ebay or 100 1897-S AU Morgans. I'll take the stock.

    Be sure to pull this thread up in a year.

  • ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭

    @Coinstartled said:

    @ErrorsOnCoins said:
    The single units at that price do not make sense as an investment.

    The better question is would you rather have 100 shares of ebay or 100 1897-S AU Morgans. I'll take the stock.

    Be sure to pull this thread up in a year.

    Looks like the stock will still go down some from here.

    Nice gap above that may be filled at some point in the future.

    Ebay will be around for a very long time.

    Go short the stock ..........

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    I will take the coin.... Had enough of the stock market... Cheers, RickO

  • CoinstartledCoinstartled Posts: 10,135 ✭✭✭✭✭

    @ErrorsOnCoins said:

    @Coinstartled said:

    @ErrorsOnCoins said:
    The single units at that price do not make sense as an investment.

    The better question is would you rather have 100 shares of ebay or 100 1897-S AU Morgans. I'll take the stock.

    Be sure to pull this thread up in a year.

    Looks like the stock will still go down some from here.

    Nice gap above that may be filled at some point in the future.

    Ebay will be around for a very long time.

    Go short the stock ..........

    Company has been in a slide since Meg Whitman departed. Spin off of Paypal at least preserved that asset. Company is outrageously mismanaged and will be spoken of in the same conversation as Sears and Montgomery Ward.

  • ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭

    @Coinstartled said:

    @ErrorsOnCoins said:

    @Coinstartled said:

    @ErrorsOnCoins said:
    The single units at that price do not make sense as an investment.

    The better question is would you rather have 100 shares of ebay or 100 1897-S AU Morgans. I'll take the stock.

    Be sure to pull this thread up in a year.

    Looks like the stock will still go down some from here.

    Nice gap above that may be filled at some point in the future.

    Ebay will be around for a very long time.

    Go short the stock ..........

    Company has been in a slide since Meg Whitman departed. Spin off of Paypal at least preserved that asset. Company is outrageously mismanaged and will be spoken of in the same conversation as Sears and Montgomery Ward.

    Sounds like a buying opportunity after the coming market turbulence.

    Comparing ebay to Sears and Montgomery Ward is just plain Silly.

    IMO, being an ebay self-defeatist has hurt your business.

  • CoinstartledCoinstartled Posts: 10,135 ✭✭✭✭✭

    Ebay has two problems that will sink them.

    We sell coins which is only about 1% of Ebay's business.

    Now let's say that you sell athletic shoes on Ebay. You are going to pay about $10 a pair in shipping. With their subsidized sweetheart deal with the USPS, Amazon pays only about $1.50 to ship the same item. Only advantage to Ebay seller was the sales tax advantage. That is over as Ebay is now a collector.

    If you could buy a pair of Nike shoes for $50 and sell them for $100, you could still make it after the seller and Paypal fees. Problem is you have to discount the footwear to say $70 to compete with the other onliners.

    So long Ebay!

  • ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭

    If you are short ebay, then I understand.

    Otherwise, you are wasting your breath .....

    Go build a profitable business on eBay as many others have.

  • CoinstartledCoinstartled Posts: 10,135 ✭✭✭✭✭

    Overwhelmed by logic and details you respond with emotion.

  • BillDugan1959BillDugan1959 Posts: 3,821 ✭✭✭✭✭

    I'll take the silver dollars, whether it's one or one hundred!

    EBay is building up some kind of future 'liability' situation with the eBay Bucks. They've trained folks to wait for a big Bucks payout or discount before spending. Gonna bite the company in the butt, big time, in some future calendar quarter.

  • ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭
    edited December 23, 2018 5:22PM

    @Coinstartled said:
    Overwhelmed by logic and details you respond with emotion.

    Logic and details, give me a break. You are lacking there my friend.

    A good laugh perhaps.

    How's this, I personally pay more to ebay than any other corporation. I am very happy to pay those fees. I pay ebay more now than I have ever in the past as my business has grown dramatically.

    Ebay is not Amazon.

    I personally buy way more from ebay than Amazon.

    In the past I did spend very little at Sears, craftsman tools I guess and zero at MW.

  • cameonut2011cameonut2011 Posts: 10,181 ✭✭✭✭✭

    I think the bullion market has a brighter future than eBay so I'd take the coin and leave it at that.

  • CoinstartledCoinstartled Posts: 10,135 ✭✭✭✭✭

    @ErrorsOnCoins said:

    @Coinstartled said:
    Overwhelmed by logic and details you respond with emotion.

    Logic and details, give me a break. You are lacking there my friend.

    A good laugh perhaps.

    How's this, I personally pay more to ebay than any other corporation. I am very happy to pay those fees. I pay ebay more now than I have ever in the past as my business has grown dramatically.

    Ebay is not Amazon.

    I personally buy way more from ebay than Amazon.

    In the past I did spend very little at Sears, craftsman tools I guess and zero at MW.

    At least now you are willing to join the debate.

    I buy more on Ebay as well and do not like Amazon. We are in the minority though as AMZN volume is 4 times that of Ebay.

    I got an accounting ledger last week on Ebay for $6. Arrived a couple days later from Amazon fulfillment. Reason being the shipping cost was half (or less) than the seller would have gotten from Ebay. Seller is sharp, but is that a reasonable alternative for Ebay sellers. I doubt it.

  • ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭
    edited December 23, 2018 5:37PM

    No debate IMO

    Ebay is not going to Zero anytime soon.

    Put your money where your mouth is and short the stock here.

    I personally would not buy here the stock here tho.

    I personally do better buying coins than ANY stocks.

  • U1chicagoU1chicago Posts: 6,504 ✭✭✭✭✭

    Those Morgans will always be worth at least $1 right? One can’t say the same about the eBay stock...

  • CoinstartledCoinstartled Posts: 10,135 ✭✭✭✭✭
    edited December 23, 2018 5:45PM

    @ErrorsOnCoins said:
    No debate IMO

    Ebay is not going to Zero anytime soon.

    Put your money where your mouth is and short the stock here.

    I personally would not buy here the stock here tho.

    I personally do better buying coins than ANY stocks.

    As a fellow noted in the sports forum, someone will say it is no debate and then argue about it for three more days.

    ;)

  • U1chicagoU1chicago Posts: 6,504 ✭✭✭✭✭

    @BillDugan1959 said:
    I'll take the silver dollars, whether it's one or one hundred!

    EBay is building up some kind of future 'liability' situation with the eBay Bucks. They've trained folks to wait for a big Bucks payout or discount before spending. Gonna bite the company in the butt, big time, in some future calendar quarter.

    That recent string of 10%-15% coupons was also telling. One of the days even had a 15% coupon along with 8% eBucks.

    I agree with your point about people waiting for the bucks (and coupons) in order to spend. With fewer auctions and many high priced bin listings, there is usually little incentive to spend unless a promo is happening (unless of course you find an auction for something desirable).

    It seems like eBay may have mis-calculated where to give the special offers. I wonder if they would have been better off with seller promos-encouraging sellers to lower prices or auction off items in exchange for lower fees. This way eBay would still get a cut of the sale, sellers might be encouraged to lower their prices, and buyers would have more auctions or better bin pricing without relying on rewards programs (besides CC rewards).

  • cameonut2011cameonut2011 Posts: 10,181 ✭✭✭✭✭

    @ErrorsOnCoins said:
    No debate IMO

    Ebay is not going to Zero anytime soon.

    Fun fact... EBay doesn't need to go to zero or even decline in value to be the poorer of the two investments. The one with the most upward potential is the winner.

  • ColonialcoinColonialcoin Posts: 735 ✭✭✭✭

    Can I do a re-gift? ;)

  • BlindedByEgoBlindedByEgo Posts: 10,754 ✭✭✭✭✭
    edited December 23, 2018 6:43PM

    20 years (or so) ago I started selling stuff on eBay. It was novel, fun and profitable.

    1. Novel.It still is, to the extent of the sheer number of eyeballs it generates. Exposure to those eyeballs is much more managed then at first, when it was quite egalitarian in it's operation.
    2. Fun. When it was new, it was occasionally infuriating, but seemed like a real "community". Today, if one is a masochist, it's fun :)
    3. Profitable. In the beginning, definitely. Today, it's squeezed down, but still beats taking most low-end items to the swap meet or even an average local B&M. For the right stuff, all it takes is a couple of bidiots to duke it out and put $ in my pocket.

    1 or 100, common date AU Morgans are still worth a PM value + a typically small collector premium. China's increased ability to manufacture fugazis scares the heck outta me. On the other hand, they make great tips for bellmen, valets and golf caddies.

    All in all, I lean towards the stock.

  • privatecoinprivatecoin Posts: 3,628 ✭✭✭✭✭

    Au morgan for me.

    Paper money eventually returns to its intrinsic value. Zero. Voltaire. Ebay coinbowlllc

  • coinhackcoinhack Posts: 1,173 ✭✭✭✭

    I'll take the dollar. I will PM you my shipping address.

  • blitzdudeblitzdude Posts: 6,519 ✭✭✭✭✭

    I'll take the Morgan please. Just wouldn't pay $26.54 for it. $15.....maybe lol

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