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Why Ebay Coin Dealers Drink: This isn’t how auctions work!

airplanenutairplanenut Posts: 22,174 ✭✭✭✭✭
in U.S. Coin Forum

(Listing has now ended, but email was sent while it was live)

JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research

Comments

  • DollarAfterDollarDollarAfterDollar Posts: 3,214 ✭✭✭✭✭

    Yeah, it's not like he/she is new at this either.

    If you do what you always did, you get what you always got.
  • MasonGMasonG Posts: 6,261 ✭✭✭✭✭

    I sold a Tibet rupee to that guy a while back.

  • blitzdudeblitzdude Posts: 6,009 ✭✭✭✭✭

    eBay the greatest coin store and planet earth. Certainly see all kind there, both on the buyer and seller side.

    Very cool coin btw!

    The whole worlds off its rocker, buy Gold™.
    BOOMIN!™

  • SmudgeSmudge Posts: 9,549 ✭✭✭✭✭
    edited January 5, 2020 6:26PM

    Bottoms up. Edit to bid $50.

  • U1chicagoU1chicago Posts: 6,126 ✭✭✭✭✭

    I wonder how much success a guy like success has with that strategy?

  • MgarmyMgarmy Posts: 2,296 ✭✭✭✭✭

    What I am about to say does not apply to the elephant above but some of the sellers on eBay are just not reality based. If you post an uncertified or non pcgs slabbed coin at pcgs price guide...if I am interested I am gonna shoot you a fair offer regardless of what you listed it for. I have gotten coins two hundred or more off what they listed it for on multiple occasions.

    100% positive transactions with SurfinxHI, bigole, 1madman, collectorcoins, proofmorgan, Luke Marshall, silver pop, golden egg, point five zero,coin22lover, alohagary, blaircountycoin,joebb21

  • BAJJERFANBAJJERFAN Posts: 31,096 ✭✭✭✭✭

    @messydesk said:
    Just tell him to submit a $65 bid and that he can have it for that if he's the winning bidder. Cheers!

    Tell him to pound $65 worth of sand.

    theknowitalltroll;
  • SmudgeSmudge Posts: 9,549 ✭✭✭✭✭

    He MUST have thought it was a BIN. Should have paid attention though.

  • amwldcoinamwldcoin Posts: 11,269 ✭✭✭✭✭

    I guess he figures you have a shill bidder and will still have the coin available. (Not that I think you do at all!)

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

    He may have wanted it for his Dumbo collection.

  • TwoSides2aCoinTwoSides2aCoin Posts: 44,384 ✭✭✭✭✭

    Get them often, Jeremy. We cannot fix stupid, nor enlighten the ignorant.

  • jmlanzafjmlanzaf Posts: 34,714 ✭✭✭✭✭

    It happens all the time. People just like to shoot offers. He probably didn't even notice the item had a bid. I get people making offers on auctions that are sometimes ridiculously below the opening bid. I've started not even responding to them. I used to politely decline and sometimes say that my policy is to never end an auction early. Now, I just delete the ridiculous offer.

    My other favorite auction gambit is people who offer to buy it at the opening bid if it doesn't sell. My response is aways "no thank you", although I want to say "hell, no, moron! You're asking for permission to not bid."

    Just remember these stories, folks, when you wonder why there are fewer and fewer real auctions on eBay.

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    Well...I never needed an excuse to have a glass of wine, but I will save this thread in case such a situation arises... :D Cheers, RickO

  • DelawareDoonsDelawareDoons Posts: 3,413 ✭✭✭✭✭

    Is it actually a $110 bid or is it an opening bid of $110?

    If it is an opening bid of $110 with no present bids, I think a $65 offer is an entirely reasonable thing to do as you do not have a buyer at your present opening bid yet. Without that information, you are not really giving us the full story here.

    "It's like God, Family, Country, except Sticker, Plastic, Coin."

  • CaptHenwayCaptHenway Posts: 32,263 ✭✭✭✭✭

    @DelawareDoons said:
    Is it actually a $110 bid or is it an opening bid of $110?

    If it is an opening bid of $110 with no present bids, I think a $65 offer is an entirely reasonable thing to do as you do not have a buyer at your present opening bid yet. Without that information, you are not really giving us the full story here.

    Shows 14 bids already.

    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • REALGATORREALGATOR Posts: 2,622 ✭✭✭✭✭

    @DelawareDoons said:
    Is it actually a $110 bid or is it an opening bid of $110?

    If it is an opening bid of $110 with no present bids, I think a $65 offer is an entirely reasonable thing to do as you do not have a buyer at your present opening bid yet. Without that information, you are not really giving us the full story here.

    The listing says 14 Bids.

  • DelawareDoonsDelawareDoons Posts: 3,413 ✭✭✭✭✭
    edited January 6, 2020 6:54AM

    @CaptHenway said:

    @DelawareDoons said:
    Is it actually a $110 bid or is it an opening bid of $110?

    If it is an opening bid of $110 with no present bids, I think a $65 offer is an entirely reasonable thing to do as you do not have a buyer at your present opening bid yet. Without that information, you are not really giving us the full story here.

    Shows 14 bids already.

    @REALGATOR said:

    @DelawareDoons said:
    Is it actually a $110 bid or is it an opening bid of $110?

    If it is an opening bid of $110 with no present bids, I think a $65 offer is an entirely reasonable thing to do as you do not have a buyer at your present opening bid yet. Without that information, you are not really giving us the full story here.

    The listing says 14 Bids.

    I missed that. I just thought it was weird to see a flat dollar amount as a bid. My bad, the guy is definitely an idiot!!

    "It's like God, Family, Country, except Sticker, Plastic, Coin."

  • ColonelKlinckColonelKlinck Posts: 373 ✭✭✭

    @Mgarmy said:
    What I am about to say does not apply to the elephant above but some of the sellers on eBay are just not reality based. If you post an uncertified or non pcgs slabbed coin at pcgs price guide...if I am interested I am gonna shoot you a fair offer regardless of what you listed it for. I have gotten coins two hundred or more off what they listed it for on multiple occasions.

    I've found that if a Seller is inclined to list a coin at an unreasonably inflated price, he/she is almost always just as unwilling to accept a reasonable offer. Just from y perspective.

  • OuthaulOuthaul Posts: 7,440 ✭✭✭✭✭

    PSA: No elephants were harmed during the creation of this thread.

  • segojasegoja Posts: 6,136 ✭✭✭✭

    I'm in for $100 :D

    JMSCoins Website Link


    Ike Specialist

    Finest Toned Ike I've Ever Seen, been looking since 1986

    image
  • PerryHallPerryHall Posts: 46,271 ✭✭✭✭✭

    @segoja said:
    I'm in for $100 :D

    I'll offer $95. :D

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • coinkatcoinkat Posts: 23,249 ✭✭✭✭✭

    Sad... But good to see that some take a moment and stop... Laugh.... Comment ... And move on. My sincere apologies in that the coin that is the subject of this thread is one that escapes me and perhaps it escaped others here as well.... But we did not do the unthinkable.

    Experience the World through Numismatics...it's more than you can imagine.

  • ashelandasheland Posts: 23,257 ✭✭✭✭✭

    :D

    My YouTube Channel

  • astroratastrorat Posts: 9,221 ✭✭✭✭✭

    @PerryHall said:

    @segoja said:
    I'm in for $100 :D

    I'll offer $95. :D

    I'll raise it to $90. :D

    Numismatist Ordinaire
    See http://www.doubledimes.com for a free online reference for US twenty-cent pieces
  • MgarmyMgarmy Posts: 2,296 ✭✭✭✭✭

    Well if the bid is 90 I will private email the seller and offer 45 buy it now😁

    100% positive transactions with SurfinxHI, bigole, 1madman, collectorcoins, proofmorgan, Luke Marshall, silver pop, golden egg, point five zero,coin22lover, alohagary, blaircountycoin,joebb21

  • airplanenutairplanenut Posts: 22,174 ✭✭✭✭✭

    @DelawareDoons said:
    Is it actually a $110 bid or is it an opening bid of $110?

    If it is an opening bid of $110 with no present bids, I think a $65 offer is an entirely reasonable thing to do as you do not have a buyer at your present opening bid yet. Without that information, you are not really giving us the full story here.

    It had a bunch of bids (99c start), and had been at that price since well before the email was sent. It closed around $180.

    JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research

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