eBay prices for Saints
csdot
Posts: 694 ✭✭✭✭
I have slowly been working on a registry set of Saints for a decade or so, and add a coin every few years when I see one for a good price that catches my attention. It has been a few years since I added one, but I saw one last week in a local shop and picked it up. In looking online to make sure the price was fair I noticed that the same date and grade (MS65) on eBay was a minimum of $300 more.
It has been a while since I browsed eBay, but eBay seems high across the board. Is this because of fees, or do coin sellers just ask for more on eBay?
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My best guess,
8-10% eBay fees, plus Paypal fees probably contribute to higher price. Random Ebucks promotions of 2% or 8%-10% rebates help the final cost for buyers.
http://www.pcgs.com/SetRegistry/publishedset.aspx?s=142753
https://www.autismforums.com/media/albums/acrylic-colors-by-rocco.291/
Were you looking at 'sold' listings or just for sale listings? Sometimes there's a wide gap between the two.
Definitely look at the sold listings, not just the completed listings (or still for sale listings). If they are still $300 higher it sounds like you got a good deal.
LIBERTY SEATED DIMES WITH MAJOR VARIETIES CIRCULATION STRIKES (1837-1891) digital album
I only looked at what was for sale. Should check sold going forward. Thanks. 👍
Indian Head $10 Gold Date Set Album
@csdot
Agree with previous posts about filtering for sold/completed auctions to get an idea of the $ value. A quick snapshot of the filter screen.
Both. Selling fees are high and sellers live in a collective fantasy land. eBay is where you go to watch the hobby die.
I noticed that too.
There is also the "bigger idiot" coefficient. While the seller may have overpaid, they're relying on the chance that a bigger idiot may come along.
Cheers
Bob
Ebay is significantly higher for coins in general. I will look for items there (not as much as I used to), but only to see what is available.... have not purchased there in a very long time. Only place with higher prices that I know about, are antique shops in my area... they think all coins are super rare and solid gold... even when they are silver. Cheers, RickO
I have struck my best deals on the BS&T forum.
Cheers
Bob
Aspie_Rocco nailed it in the 1st post.
Check out collector's universe and you'll see the same coin being offered in various places.
E-Bay is generally the highest.
BTW...I know how addictive Saints can be
I'm sticking with a date set of 23. (realistically 18)
My Saint Set
Kindren spirit. My plan was to do the date set thing too, but my latest pick up was a 1923-D even though I already have the 1923-P. Guess that's what happens when you live in an area where the opportunity to come across new coins is few and far between.
Indian Head $10 Gold Date Set Album
Many eBay prices are no more than wishful thinking, although occasionally a fish probably swims by. Same can be said of some dealers' inventory. I use auction records except for common items - not just prices but photos when reasonably reliable.
Just checked out your registry set. VERY NICE SET! I wish I had started with one grading company and stuck with it, but I live in an area where the opportunity to come across new coins is few and far between. I am honestly lucky to have found what I have in my set, which is a mix of NGC and PCGS graded coins. When I started, having a mix wasn't a problem, as the NGC registry was open to all. However, times have changed, and now both companies demand brand loyalty over collector convienience. Maybe one day I will cross them all over to one company so I can complete (within reason) the registry set.
https://coins.www.collectors-society.com/registry/coins/SetListing.aspx?PeopleSetID=131711&Ranking=all
https://www.pcgs.com/setregistry/mysetregistry/album/119520
Indian Head $10 Gold Date Set Album
Auctions usually have more realistic selling prices.
MS65 saint prices have dropped pretty good in the last couple of years. Those have probably been up at least that long.
Agreed....Ebay prices are the highest. At the last FUN show for example, MS 66 common date Saints were widely available for $2000 or less. There are a few examples under $2k on Ebay but the majority are higher. Of course, they have to factor in their fees.
eBay variable selling expense costs me 15 to 17 pct sales and has to be recovered plus my commission in the markup equation. This is both fees and shipping cost.
At a show I may be paying a flat $250 table fee and may discount material vs the Bay as want move as much as possible at show.
For prices on Saints see CPG. I recently sold a 1924 PCGS 65 $20 for $1900 at a show (which I had cherry picked for quality). This piece was PQ with super cartwheel luster. A friend setup a couple tables down sold a nice PCGS 66 Saint for $2500. I bought a really nice PCGS 64 Saint for $1375 from a walk up customer.
"Ask" prices on Ebay are meaningless for comparisons, imo
for PCGS. A 49+-Year PNG Member...A full numismatist since 1972, retired in 2022
If you want to see crazy price differences, check out non-CAC vs. CAC MS-65 and 66 Saints.
10-4,
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My registry sets
Ebay ask prices are usually off the chart. Ebay sell price is a completely different story. Common date Saints slabbed up to 63 can be had near melt and many times under if purchased during a bonus buck / coupon period. MS64 add melt + $50-$100, MS65 Melt + $100-$200. That's a good start. You will find much better deals via ebay then you will at a brick and mortar, can take a little patience and effort though. Good luck!
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There are different types of buyers on Saints. I am somebody just want pick nice Pcgs generic MS63 or higher close to melt. I might pay $50 higher if sticker but that’s it. I have been in the business since 1990 bought and sold many Saints. Do look for signs of putty or something funny about the color.
I will leave it to the sticker hobbyists pay more lol.