@cupronik said:
I have no use for the cheap offer bargain hunter.
Understood, but I wonder if anyone has use for these people?
Luckily I had never blocked any of my bargain hunters. 1 of them actually came back a month later and made a fair offering (95% ish of my BIN) after I respectfully declined his initial 60% low ball offer.
@cupronik said:
I have no use for the cheap offer bargain hunter.
Understood, but I wonder if anyone has use for these people?
Luckily I had never blocked any of my bargain hunters. 1 of them actually came back a month later and made a fair offering (95% ish of my BIN) after I respectfully declined his initial 60% low ball offer.
Good to know, however, percentages don't really mean that much without context. I've been successful (and unsuccessful) in making 60%, and lower, offers. When I'm successful, it's because the piece has been marked up like 400%. It's really important to know the market, not just the price, when making offers. I try to ensure the seller makes a fair profit for my offers, even when they are 60% or lower.
I don’t agree with op comment about “erosion of ebay as sales venue.” What is this even based on? My last time checking certified numismatic items for sale on eBay seems pop of these increased. In addition my retail sales have been very strong this year many at margins above plan 30 pct.
@Cougar1978 said:
I don’t agree with op comment about “erosion of ebay as sales venue.” What is this even based on? My last time checking certified numismatic items for sale on eBay seems pop of these increased. In addition my retail sales have been very strong this year many at margins above plan 30 pct.
But I read it on the internet, it must be true. And it came from a completely objective source!! [end sarcasm]
I don’t care what the internet or some source says. I go by stats I can verify and the results that matter to me. Is this source even a serious seller on the bay.
Yes the internet can validate a lot of things - flat Earth, planet Nibiru, etc lol.
I am sure there are many that resent competition from bay sellers and these people will grab any straw they can for their agenda / sales pitch.
@Cougar1978 said:
I don’t care what the internet or some source says. I go by stats I can verify and the results that matter to me. Is this source even a serious seller on the bay.
By "source", I meant the OP. He's a serious seller who hates eBay.
@Cougar1978 said:
I don’t care what the internet or some source says. I go by stats I can verify and the results that matter to me. Is this source even a serious seller on the bay.
By "source", I meant the OP. He's a serious seller who hates eBay.
I do not think he is a "serious" seller, more like a wannabe or hack seller
@BillDugan1959 said: @jmlanzaf Sorry to say that the Statista information on eBay is behind a paywall. I'm interested in the numbers, but not that interested.
That's odd. I didn't pay anything. Wonder how I could see it. I'll abstract the numbers later
Hard to find a decent price for even a raw coin listed on ebay anymore. Overpricing is rampant on ebay.
Sellers get clobbered by having to pay excessive fees. Postage costs are out of control. What seller wants to TPG slab a $10 or $20 or $50 coin for selling on ebay?
I left as a seller of coins a few years because when I considered what I had to pay ebay, the post office and PayPal there was little to no room for me to make any money. I would have had to overprice/overgrade items like is being done now by many a seller of raw coins to come out in decent fashion in the money plus column. I couldn't in good conscience do that so I quit selling.
Whoever is careless with the truth in small matters cannot be trusted with important matters.
@PerryHall said:
Can you provide documentation that eBay coin sales are eroding? From what I've observed this is not the case.
Take a look at the Sunday night auction results on Ebay (PCGS NGC). Once vibrant activity is now morgue like. Probably down 80% over last decade by that metric.
@ElmerFusterpuck said:
Topics like this with the extra toppings of snark are why I come here a bit less often and hang out on Instagram more. Continued erosion of the forum...
If discussing the venues for buying and selling our host's coins is too daunting, looking at the Kardashian's butts on Instagram may be a better fit for you.
@BillDugan1959 said: @jmlanzaf Sorry to say that the Statista information on eBay is behind a paywall. I'm interested in the numbers, but not that interested.
In 2013, the total Coin & Stamp volume was $1.411 billion against total sales of $82 billion.
As a group, it was the 19th largest sales group. It is dwarfed by:
I am presently selling all my very low end stuff accumulated over years by buying small collections. when I look at what is stashed away in all these boxes (meant for being dealt with on a rainy day), then I appreciate FeeBay a lot.
It is the only way to sell it.
Am surprised what I sometimes get.$$$$
This low end stuff could unlikely be sold anywhere else unless you sell it as a huge lot "somewhere".
And yes, buyers have become picky, but do recognize real bargains.
@BillDugan1959 said: @jmlanzaf Thanks for those numbers. Coins and Stamps is 1.7% of eBay total dollars.
Too bad we can't get anything on the complaint volume by category compared to the total eBay kvetchers.
I kinda think Coins and Stamps would be towards the top.
As I'v said numerous times to Coinstartled and others: coins are an exception in retail. The margins are very low which does make it a challenge to sell profitably in a venue like eBay that has an incremental cost model. But it can be done and a fixed cost model like a B&M has its own challenges, namely volume.
I've had a lot of fun selling on eBay in the past and this thread has me kinda wanting to do it again, but it's tough for me to muster the energy on top of my day job and side hustles. Good on all ya folks that do though as I still like to lazily look on the couch and buy things now and then.
Ditch the welfare squeeze and it would be better for all in long run. eBay uses tactics to attract traffic for Ad dollars fees etc. they put on the Chinese finger cuffs now don’t know how to unwind. This is only bullion. eBay bucks discounts run all the time and it’s race to bottom. Fortunately as @jmlanzaf said this year is on upswing as markets regain premiums over spot. Bamm
@Dave99B said:
As this erosion has continued, I'd like to note that eBay stock has 'eroded' from $6.95 to $36.50 over the last 10 years.
Dave
As Amazon has eroded from $25 to $2000
You lose all your eBay arguments when you throw Amazon in there. Everything you dislike about eBay (fees, no room for the little guy, etc.) is at least twice as bad on Amazon. Amazon fees are a MINIMUM of 20%.
@Kkathyl said:
Ditch the welfare squeeze and it would be better for all in long run. eBay uses tactics to attract traffic for Ad dollars fees etc. they put on the Chinese finger cuffs now don’t know how to unwind. This is only bullion. eBay bucks discounts run all the time and it’s race to bottom. Fortunately as @jmlanzaf said this year is on upswing as markets regain premiums over spot. Bamm
@Coinstartled said:
Talking about coins here. Beanie Babies are probably doing ok.
As competitive listings decline* will remaining sellers suffer, or will they do better with less competition?
*there are probably more coin listings than ever on the site, but most are overpriced with little chance of transacting.
Do you sell on any other venues like GC, HA, SB or BST? If eBay isn’t working for you, they aren’t the only game in town.
GC. Should put some stuff up on BST.
Are you happy with GC, or not? Do you miss anything eBay has there?
If you were happy with GC, I would think that you wouldn't give eBay a second thought....
Extremely happy with GC, but still lacking the low cost platform that Ebay provided when fees were 3% or lower (much lower over $1000. For dealers in the $30 item range with a store the fees are about the same. The dollar volume advantage on high priced coins like saints has evaporated. With a tip of the hat to Kathy, one's listing page is loaded with competitive adds.
"Don't like the coin listed...try these guys."
When Ebay folds as K-mart and Sears have, for bloated adaption to seller requirements, and as Errorsoncoins mentioned, really terrible phone support, they will be fondly remembered as a once great place to buy and sell coins.
Ironically, the last straw will be something they fought valiantly against, which is taxation on sales. Only a nuisance on a $20 book but a deal killer when a buy has to shell out an extra $100 on a $20 gold coin.
@ElmerFusterpuck said:
Topics like this with the extra toppings of snark are why I come here a bit less often and hang out on Instagram more. Continued erosion of the forum...
If discussing the venues for buying and selling our host's coins is too daunting, looking at the Kardashian's butts on Instagram may be a better fit for you.
Nothing daunting at all about it, and thanks for confirming the snark while you were at it. And of course you appear to like to live at the shallow end of the kiddie pool with your "witty" response, most impressive. If you even bothered to go out to Instagram, you'd see that there actually is more talk about coins out there in one posting than there is from dozens of yours here on the forum. There's far more to other platforms than endless booty pics and stupid selfies.
Carry on, maybe you'll get a special 6th star for your postings and wit here.
@Coinstartled said:
Talking about coins here. Beanie Babies are probably doing ok.
As competitive listings decline* will remaining sellers suffer, or will they do better with less competition?
*there are probably more coin listings than ever on the site, but most are overpriced with little chance of transacting.
Do you sell on any other venues like GC, HA, SB or BST? If eBay isn’t working for you, they aren’t the only game in town.
GC. Should put some stuff up on BST.
Are you happy with GC, or not? Do you miss anything eBay has there?
If you were happy with GC, I would think that you wouldn't give eBay a second thought....
Extremely happy with GC, but still lacking the low cost platform that Ebay provided when fees were 3% or lower (much lower over $1000. For dealers in the $30 item range with a store the fees are about the same. The dollar volume advantage on high priced coins like saints has evaporated. With a tip of the hat to Kathy, one's listing page is loaded with competitive adds.
Have you asked GC to consider lowering their fees to the levels you like?
Such an odd, weird, silly statement. Comparing those businesses with each other shows just how much YOU know about business which is not much.
Add this one Fact to your database, Just one point of information ... I pay ebay more in fees in one month than I ever paid Sears or Kmart in my lifetime. Month after month. And Get This, I am extremely happy paying ebay their fees.
The hardest workers on eBay are it's vendors. I don't have much nice to say about the platform or their workers. Most of them seem dumber than manhole covers and every year the venue creates more layers of _____ than the year before.
Such an odd, weird, silly statement. Comparing those businesses with each other show just how much YOU know about business which is not much.
Add this one Fact to your database, Just one point of information ... I pay ebay more in fees in one month than I ever paid Sears or Kmart in my lifetime. Month after month. And Get This, I am extremely happy paying ebay their fees.
You exposed yourself by cursing at the Ebay customer service reps. These hard working folks have no input on policy or taxation requirements 10,000 miles from where they live.
Really dude. I criticize Ebay policy at the corporate level on a public forum and you yell and swear and the hardworking ladies trying to put food on the table for their families.
@Coinstartled said:
Talking about coins here. Beanie Babies are probably doing ok.
As competitive listings decline* will remaining sellers suffer, or will they do better with less competition?
*there are probably more coin listings than ever on the site, but most are overpriced with little chance of transacting.
Do you sell on any other venues like GC, HA, SB or BST? If eBay isn’t working for you, they aren’t the only game in town.
GC. Should put some stuff up on BST.
Are you happy with GC, or not? Do you miss anything eBay has there?
If you were happy with GC, I would think that you wouldn't give eBay a second thought....
Extremely happy with GC, but still lacking the low cost platform that Ebay provided when fees were 3% or lower (much lower over $1000. For dealers in the $30 item range with a store the fees are about the same. The dollar volume advantage on high priced coins like saints has evaporated. With a tip of the hat to Kathy, one's listing page is loaded with competitive adds.
Have you asked GC to consider lowering their fees to the levels you like?
Obviously GC can not offer a 1.5 to 3% all in rate as they are handling all aspects of the sale vs Ebay which provides a do it yourself platform.
BST is a good option for more generic stuff. I have a couple $20 libs coming in and will give it a try...
@Coinstartled said:
Talking about coins here. Beanie Babies are probably doing ok.
As competitive listings decline* will remaining sellers suffer, or will they do better with less competition?
*there are probably more coin listings than ever on the site, but most are overpriced with little chance of transacting.
Do you sell on any other venues like GC, HA, SB or BST? If eBay isn’t working for you, they aren’t the only game in town.
GC. Should put some stuff up on BST.
Are you happy with GC, or not? Do you miss anything eBay has there?
If you were happy with GC, I would think that you wouldn't give eBay a second thought....
Extremely happy with GC, but still lacking the low cost platform that Ebay provided when fees were 3% or lower (much lower over $1000. For dealers in the $30 item range with a store the fees are about the same. The dollar volume advantage on high priced coins like saints has evaporated. With a tip of the hat to Kathy, one's listing page is loaded with competitive adds.
Have you asked GC to consider lowering their fees to the levels you like?
Obviously GC can not offer a 1.5 to 3% all in rate as they are handling all aspects of the sale vs Ebay which provides a do it yourself platform.
Should GC offer a more DIY service with lower fees?
For example, it was mentioned that some aren’t very happy with their photography and breaking that out could result in lower fees, better photos and higher realized prices.
BST is a good option for more generic stuff. I have a couple $20 libs coming in and will give it a try...
@ErrorsOnCoins said:
What coinstartled has empathy for those foreigners on the phone, I do not believe it.
So now they are merely "foreigners on the phone"
My head is aching.
Here is YOUR quote from earlier today ......
"That all ended several years ago and now you land in a phone center twelve hours away with friendly but not well trained reps that have difficulty with the growing complexities of the Ebay system."
Yes...they are friendly and not well trained. They are not subjects who wake up hoping to field a call from an irate seller that spams his coins on the CU forum and gets snippy with the employees of the company that he fawns over daily.
Coinstartled, show us your coins ...... Show us your photographic talent ....show us something neat .... teach us with a photo of one of your coins .....
Yea I am a businessman and promote my error coin business. Hey try this, try promoting your business instead of complaining endlessly about how eBay jilted you.
@mr1874 said:
Selling gobs of very low end stuff on ebay never appealed to me. I wanted to sell a decent coin at a decent price.
Am surprised what I sometimes get.$$$$
I also wanted to sell to knowledgeable collectors. Knowledgeable collectors don't pay $$$$ for junk coins. More power to you though.
Please do not forget that not everyone has deep pockets to by what they want. the majority of buyers simply have an opportunity to fill holes or complete a collection at very reasonable prices.
and, I still get more compared to sell to the real cheapo's at our 3 coin clubs on the Island.
Plus, when all the Low end stuff is gone, they will move up to the next batch of a bit better quality.
And guess where they will come when they are ready to "upgrade"?????
@Zoins said:
In don’t understand all the talk about eBay being bad without more discussion of the alternatives.
...and that is a good question. Where are the alternatives. Tech industry was found guilty three or four years ago of collusion as they agreed to not hire employees away from each other.
Yahoo auctions were an early competitor but dropped out. Where is Google? they have a payment service.
Seems that a $2000 item should be able to be transacted online without a $120 fee.
@Zoins said:
In don’t understand all the talk about eBay being bad without more discussion of the alternatives.
...and that is a good question. Where are the alternatives. Tech industry was found guilty three or four years ago of collusion as they agreed to not hire employees away from each other.
Yahoo auctions were an early competitor but dropped out. Where is Google? they have a payment service.
Seems that a $2000 item should be able to be transacted online without a $120 fee.
Not hiring employees doesn’t mean not getting into each other’s businesses which they do all the time.
There are a bunch of competitors including Amazon with a growing coin business, Etsy with a smattering of offerings, GC created during the Internet era, along with survivors of the old era, Heritage and Stacks. It’s a pretty crowded market.
Yahoo didn’t just drop out of auctions, their entire business is on the rocks. Google has a very different strategy than eBay (and Amazon) so Amazon is the better comparable here. If you want a FAANG competitor to eBay, support Amazon’s coin business.
I'm surprised more people don't buy and sell on usacoinbook.com
I'm trying it and have a whoping 1 sale so far. Payment is with paypal so the buyer is protected and they do have the option of paying with a check or money order. No listing fees and only a 2% FVF!
Here's what I think of ebay ....... HELL YES! I have been on ebay since 2000 as a seller and 2002 as a buyer (two different accounts). My original goal was to make $1,100 per month profit (house payment). That was quite easy to do for about ten years. Then I downsized and my payment dropped to $350 and that was easy to do yet again. Then paid off the house and just fool around now. I still make money every month buying and flipping on ebay. It'ss work and required dedication and perseverance. But, damn when I buy 3 silver dollars for $800 and sell just one for $10,005 on GC you can't complain. Oh yeah, the coin was raw and I had to get it graded so make that $850.
I sell on ebay all the time, some auctions and some BIN's. BIN's are slower of course but they all eventually sell. There are some things coin related that I do not put up on ebay as the fees eat up the profits, so I do pick and choose what I sell.
GO EBAY!!
this is the $10k coin:
bob
Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
Comments
Luckily I had never blocked any of my bargain hunters. 1 of them actually came back a month later and made a fair offering (95% ish of my BIN) after I respectfully declined his initial 60% low ball offer.
Good to know, however, percentages don't really mean that much without context. I've been successful (and unsuccessful) in making 60%, and lower, offers. When I'm successful, it's because the piece has been marked up like 400%. It's really important to know the market, not just the price, when making offers. I try to ensure the seller makes a fair profit for my offers, even when they are 60% or lower.
I don’t agree with op comment about “erosion of ebay as sales venue.” What is this even based on? My last time checking certified numismatic items for sale on eBay seems pop of these increased. In addition my retail sales have been very strong this year many at margins above plan 30 pct.
But I read it on the internet, it must be true. And it came from a completely objective source!! [end sarcasm]
I don’t care what the internet or some source says. I go by stats I can verify and the results that matter to me. Is this source even a serious seller on the bay.
Yes the internet can validate a lot of things - flat Earth, planet Nibiru, etc lol.
I am sure there are many that resent competition from bay sellers and these people will grab any straw they can for their agenda / sales pitch.
By "source", I meant the OP. He's a serious seller who hates eBay.
I do not think he is a "serious" seller, more like a wannabe or hack seller
I like ebay for purchases. I will admit with patience you can find some great deals and scarce items...
My YouTube Channel
@jmlanzaf Sorry to say that the Statista information on eBay is behind a paywall. I'm interested in the numbers, but not that interested.
That's odd. I didn't pay anything. Wonder how I could see it. I'll abstract the numbers later
Hard to find a decent price for even a raw coin listed on ebay anymore. Overpricing is rampant on ebay.
Sellers get clobbered by having to pay excessive fees. Postage costs are out of control. What seller wants to TPG slab a $10 or $20 or $50 coin for selling on ebay?
I left as a seller of coins a few years because when I considered what I had to pay ebay, the post office and PayPal there was little to no room for me to make any money. I would have had to overprice/overgrade items like is being done now by many a seller of raw coins to come out in decent fashion in the money plus column. I couldn't in good conscience do that so I quit selling.
Whoever is careless with the truth in small matters cannot be trusted with important matters.
Take a look at the Sunday night auction results on Ebay (PCGS NGC). Once vibrant activity is now morgue like. Probably down 80% over last decade by that metric.
If discussing the venues for buying and selling our host's coins is too daunting, looking at the Kardashian's butts on Instagram may be a better fit for you.
In 2013, the total Coin & Stamp volume was $1.411 billion against total sales of $82 billion.
As a group, it was the 19th largest sales group. It is dwarfed by:
1 - HOme & Garden - $11.8 billon
2 - Clothing and Accessories - $9 billion
3 - Parts & Accessories - $8.3 billion
4 - Vehicles $6.84 billion
5 - Computers $5.9 billion
6 - Sports - $4.3 billion
7 - Cell phones & Telecom - $4.3 billion
8 - Business, Office $4 billion
9 - Tickets & Travel - $3.5 billion
10 - Jewelry & Gemstones $3.3 billion
11 - Consumer Electronics $3.3 billion
12 - Collectibles $3 billion
13 - Health & Beauty - $2.6 billion
14 - Toys - $2.3 billion
15 - Other categories - $2 billion
16 - photo $1.9 billion
17 - books and movies - $1.63 billion
18 - Musical instruments - $1.42 billion
19 - Coins and stamps - $1.411 billion
20 - Antiques & Art - $1.2 billion
21 - Video games - $1.15 billion
As this erosion has continued, I'd like to note that eBay stock has 'eroded' from $6.95 to $36.50 over the last 10 years.
Dave
I am presently selling all my very low end stuff accumulated over years by buying small collections. when I look at what is stashed away in all these boxes (meant for being dealt with on a rainy day), then I appreciate FeeBay a lot.
It is the only way to sell it.
Am surprised what I sometimes get.$$$$
This low end stuff could unlikely be sold anywhere else unless you sell it as a huge lot "somewhere".
And yes, buyers have become picky, but do recognize real bargains.
@jmlanzaf Thanks for those numbers. Coins and Stamps is 1.7% of eBay total dollars.
Too bad we can't get anything on the complaint volume by category compared to the total eBay kvetchers.
I kinda think Coins and Stamps would be towards the top.
Selling gobs of very low end stuff on ebay never appealed to me. I wanted to sell a decent coin at a decent price.
Am surprised what I sometimes get.$$$$
I also wanted to sell to knowledgeable collectors. Knowledgeable collectors don't pay $$$$ for junk coins. More power to you though.
Whoever is careless with the truth in small matters cannot be trusted with important matters.
As I'v said numerous times to Coinstartled and others: coins are an exception in retail. The margins are very low which does make it a challenge to sell profitably in a venue like eBay that has an incremental cost model. But it can be done and a fixed cost model like a B&M has its own challenges, namely volume.
As Amazon has eroded from $25 to $2000
I've had a lot of fun selling on eBay in the past and this thread has me kinda wanting to do it again, but it's tough for me to muster the energy on top of my day job and side hustles. Good on all ya folks that do though as I still like to lazily look on the couch and buy things now and then.
Ditch the welfare squeeze and it would be better for all in long run. eBay uses tactics to attract traffic for Ad dollars fees etc. they put on the Chinese finger cuffs now don’t know how to unwind. This is only bullion. eBay bucks discounts run all the time and it’s race to bottom. Fortunately as @jmlanzaf said this year is on upswing as markets regain premiums over spot. Bamm
Best place to buy !
Bronze Associate member
@Coinstartled
With such doom and gloom and darkness and despair, one might have have expected them to go from $36 to $6.
Nope.
Dave
Are you happy with GC, or not? Do you miss anything eBay has there?
If you were happy with GC, I would think that you wouldn't give eBay a second thought....
You lose all your eBay arguments when you throw Amazon in there. Everything you dislike about eBay (fees, no room for the little guy, etc.) is at least twice as bad on Amazon. Amazon fees are a MINIMUM of 20%.
Good post.
Extremely happy with GC, but still lacking the low cost platform that Ebay provided when fees were 3% or lower (much lower over $1000. For dealers in the $30 item range with a store the fees are about the same. The dollar volume advantage on high priced coins like saints has evaporated. With a tip of the hat to Kathy, one's listing page is loaded with competitive adds.
"Don't like the coin listed...try these guys."
When Ebay folds as K-mart and Sears have, for bloated adaption to seller requirements, and as Errorsoncoins mentioned, really terrible phone support, they will be fondly remembered as a once great place to buy and sell coins.
Ironically, the last straw will be something they fought valiantly against, which is taxation on sales. Only a nuisance on a $20 book but a deal killer when a buy has to shell out an extra $100 on a $20 gold coin.
Nothing daunting at all about it, and thanks for confirming the snark while you were at it. And of course you appear to like to live at the shallow end of the kiddie pool with your "witty" response, most impressive. If you even bothered to go out to Instagram, you'd see that there actually is more talk about coins out there in one posting than there is from dozens of yours here on the forum. There's far more to other platforms than endless booty pics and stupid selfies.
Carry on, maybe you'll get a special 6th star for your postings and wit here.
10-4,
My Instagram picturesErik
My registry sets
Have you asked GC to consider lowering their fees to the levels you like?
>
Such an odd, weird, silly statement. Comparing those businesses with each other shows just how much YOU know about business which is not much.
Add this one Fact to your database, Just one point of information ... I pay ebay more in fees in one month than I ever paid Sears or Kmart in my lifetime. Month after month. And Get This, I am extremely happy paying ebay their fees.
The hardest workers on eBay are it's vendors. I don't have much nice to say about the platform or their workers. Most of them seem dumber than manhole covers and every year the venue creates more layers of _____ than the year before.
``https://ebay.us/m/KxolR5
You exposed yourself by cursing at the Ebay customer service reps. These hard working folks have no input on policy or taxation requirements 10,000 miles from where they live.
Really dude. I criticize Ebay policy at the corporate level on a public forum and you yell and swear and the hardworking ladies trying to put food on the table for their families.
Take a look in the mirror.
What coinstartled has empathy for those foreigners on the phone, I do not believe it.
Obviously GC can not offer a 1.5 to 3% all in rate as they are handling all aspects of the sale vs Ebay which provides a do it yourself platform.
BST is a good option for more generic stuff. I have a couple $20 libs coming in and will give it a try...
Should GC offer a more DIY service with lower fees?
For example, it was mentioned that some aren’t very happy with their photography and breaking that out could result in lower fees, better photos and higher realized prices.
A lot of people like it. Good luck!
So now they are merely "foreigners on the phone"
My head is aching.
When ebay split from PayPal. It went down. PayPal went up. Follow the money trail.
``https://ebay.us/m/KxolR5
Here is YOUR quote from earlier today ......
"That all ended several years ago and now you land in a phone center twelve hours away with friendly but not well trained reps that have difficulty with the growing complexities of the Ebay system."
Yes...they are friendly and not well trained. They are not subjects who wake up hoping to field a call from an irate seller that spams his coins on the CU forum and gets snippy with the employees of the company that he fawns over daily.
Something is way wrong in errorland.
Coinstartled, show us your coins ...... Show us your photographic talent ....show us something neat .... teach us with a photo of one of your coins .....
Yea I am a businessman and promote my error coin business. Hey try this, try promoting your business instead of complaining endlessly about how eBay jilted you.
Please do not forget that not everyone has deep pockets to by what they want. the majority of buyers simply have an opportunity to fill holes or complete a collection at very reasonable prices.
and, I still get more compared to sell to the real cheapo's at our 3 coin clubs on the Island.
Plus, when all the Low end stuff is gone, they will move up to the next batch of a bit better quality.
And guess where they will come when they are ready to "upgrade"?????
I should clarify that I only buy on E-Bay.
Selling there isn't worth it.
I'd rather drill a hole in the holder and use them as tree ornaments than pay that much.
Once I get a box of 20 "mistakes"/dups, I'll figure something out
(I'm only up to 4 now)
My Saint Set
Fake news works I guess.
Ebay has the lowest fees of anyplace that one would want to sell their coins. Plus the biggest audience by far.
In don’t understand all the talk about eBay being bad without more discussion of the alternatives.
Not arguing there.
I'm just cheap
My Saint Set
...and that is a good question. Where are the alternatives. Tech industry was found guilty three or four years ago of collusion as they agreed to not hire employees away from each other.
Yahoo auctions were an early competitor but dropped out. Where is Google? they have a payment service.
Seems that a $2000 item should be able to be transacted online without a $120 fee.
Not hiring employees doesn’t mean not getting into each other’s businesses which they do all the time.
There are a bunch of competitors including Amazon with a growing coin business, Etsy with a smattering of offerings, GC created during the Internet era, along with survivors of the old era, Heritage and Stacks. It’s a pretty crowded market.
Yahoo didn’t just drop out of auctions, their entire business is on the rocks. Google has a very different strategy than eBay (and Amazon) so Amazon is the better comparable here. If you want a FAANG competitor to eBay, support Amazon’s coin business.
I'm surprised more people don't buy and sell on usacoinbook.com
I'm trying it and have a whoping 1 sale so far. Payment is with paypal so the buyer is protected and they do have the option of paying with a check or money order. No listing fees and only a 2% FVF!
Here's what I think of ebay ....... HELL YES! I have been on ebay since 2000 as a seller and 2002 as a buyer (two different accounts). My original goal was to make $1,100 per month profit (house payment). That was quite easy to do for about ten years. Then I downsized and my payment dropped to $350 and that was easy to do yet again. Then paid off the house and just fool around now. I still make money every month buying and flipping on ebay. It'ss work and required dedication and perseverance. But, damn when I buy 3 silver dollars for $800 and sell just one for $10,005 on GC you can't complain. Oh yeah, the coin was raw and I had to get it graded so make that $850.
I sell on ebay all the time, some auctions and some BIN's. BIN's are slower of course but they all eventually sell. There are some things coin related that I do not put up on ebay as the fees eat up the profits, so I do pick and choose what I sell.
GO EBAY!!
this is the $10k coin:
bob
I'm in for a try....
(1920 saint)
https://www.usacoinbook.com/coins/gold-20-double-eagle/saint-gaudens/
I also recognize the seller called ToughCoins
My Saint Set