@cheezhed said:
It seems with managed payments ebay is completely separating itself from paypal.
I think it would be more accurate to say they are expanding beyond simply PayPal. You can still use PayPal to pay. You now have the option of other payments from credit cards to Google/Apply Pay.
Thanks for the link. So now eBay is reporting your eBay income to the feds automatically?
as @MasonG said, PayPal already does. It's a federal law. All payment processors have to do it.
So basically if you sell a bunch of crap that's been in your attic for years for pennies on the dollar, the government is going to get something.
No. There's a limit below which they do not report. GROSS sales are not taxable. PROFITS are taxable. But, yes, you might have a problem if you sell $3000 worth of stuff from your attic and don't report it on your taxes-with appropriate deductions for the original costs.
@ms70 said:
So basically if you sell a bunch of crap that's been in your attic for years for pennies on the dollar, the government is going to get something.
In general (this is not tax advice, just a message board comment), if you sell stuff for less than you paid for it, there isn't any income, so there wouldn't be any tax due.
From the email:
Starting January 13, 2021, sellers in the Coins & Paper Money categories, including Bullion, will be notified to register or will be activated for managed payments if you’ve already pre-registered. Sellers that are already activated on managed payments may create listings in these categories beginning January 25. Learn more about managed payments.
What is the policy? Sellers enrolled in managed payments are not allowed to list the following items:
Adult only items, including movies, video games, and photographs
Auction services Bullion
Coins & paper money (only Exonumia, and Publications & Supplies are allowed)
Gift cards & coupons
Lodging, timeshares, vacation packages, and car rentals
Memberships for campground and RV parks
Motor vehicles
Tickets for travel, events, or experiences
Wine
Listings that don't follow these rules may be removed from the site or from search results. Other actions we may take include lowering a seller's rating, charging additional fees, limiting buying and selling privileges, or suspending an account.
So this essentially means NO MORE SELLING COINS AND PAPER MONEY
@ms70 said:
So basically if you sell a bunch of crap that's been in your attic for years for pennies on the dollar, the government is going to get something.
In general (this is not tax advice, just a message board comment), if you sell stuff for less than you paid for it, there isn't any income, so there wouldn't be any tax due.
Well, if I can't get professional advice here, why should I keep coming here?
@jessewvu said:
So this essentially means NO MORE SELLING COINS AND PAPER MONEY
Only if you ignore the first paragraph you quoted:
"Starting January 13, 2021, sellers in the Coins & Paper Money categories, including Bullion, will be notified to register or will be activated for managed payments if you’ve already pre-registered. Sellers that are already activated on managed payments may create listings in these categories beginning January 25."
@cheezhed said:
It seems with managed payments ebay is completely separating itself from paypal.
I think it would be more accurate to say they are expanding beyond simply PayPal. You can still use PayPal to pay. You now have the option of other payments from credit cards to Google/Apply Pay.
Thanks for the link. So now eBay is reporting your eBay income to the feds automatically?
as @MasonG said, PayPal already does. It's a federal law. All payment processors have to do it.
So basically if you sell a bunch of crap that's been in your attic for years for pennies on the dollar, the government is going to get something.
Just work in all your expenses; you have ebay, paypal, shipping, cost of amortization, depreciation, storage, loss of value, cost of keeping it in inventory, original cost, psychological duress for all losses suffered as well as spousal upsets that you didn't sell it earlier. Consider everything when filing with the state and federal tax authorities.
@cheezhed said:
It seems with managed payments ebay is completely separating itself from paypal.
I think it would be more accurate to say they are expanding beyond simply PayPal. You can still use PayPal to pay. You now have the option of other payments from credit cards to Google/Apply Pay.
Thanks for the link. So now eBay is reporting your eBay income to the feds automatically?
No I don't think so. Currently, your sales dollars are only reported to IRS if you sell more than $20,000 and have 200 or more transactions in the calendar year. Again, this is just my opinion and I welcome confirmation of this from someone in the know 🤔
@jessewvu said:
So this essentially means NO MORE SELLING COINS AND PAPER MONEY
Only if you ignore the first paragraph you quoted:
"Starting January 13, 2021, sellers in the Coins & Paper Money categories, including Bullion, will be notified to register or will be activated for managed payments if you’ve already pre-registered. Sellers that are already activated on managed payments may create listings in these categories beginning January 25."
This has been discussed in the past. Ebay is waiting for Coin and Bullion to become acceptable before putting us on managed payments. Here is their quote:
eBay sellers that frequently list in restricted categories will not be required to register for managed payments until these categories are compatible. We will continue to support sellers through the expansion of managed payments and are working to expand the types of items allowed by sellers in managed payments through 2021.
KM number is from Krause Catalogs - World Coins, Currency. A friend went to world coins decades ago saying “can’t make any money doing US they all have a gray sheet in their hip pocket, with world none of that plus many can’t even afford the book (catalog) lol.”
For people who quote me sheet (CDN) on US at my table. I ask them (1) have one sell me at that? If they say no / then I tell them go find one.
@cheezhed said:
It seems with managed payments ebay is completely separating itself from paypal.
I think it would be more accurate to say they are expanding beyond simply PayPal. You can still use PayPal to pay. You now have the option of other payments from credit cards to Google/Apply Pay.
Thanks for the link. So now eBay is reporting your eBay income to the feds automatically?
No I don't think so. Currently, your sales dollars are only reported to IRS if you sell more than $20,000 and have 200 or more transactions in the calendar year. Again, this is just my opinion and I welcome confirmation of this from someone in the know 🤔
I believe those numbers are correct...or were at one time.
@jessewvu said:
So this essentially means NO MORE SELLING COINS AND PAPER MONEY
Only if you ignore the first paragraph you quoted:
"Starting January 13, 2021, sellers in the Coins & Paper Money categories, including Bullion, will be notified to register or will be activated for managed payments if you’ve already pre-registered. Sellers that are already activated on managed payments may create listings in these categories beginning January 25."
This has been discussed in the past. Ebay is waiting for Coin and Bullion to become acceptable before putting us on managed payments. Here is their quote:
eBay sellers that frequently list in restricted categories will not be required to register for managed payments until these categories are compatible. We will continue to support sellers through the expansion of managed payments and are working to expand the types of items allowed by sellers in managed payments through 2021.
I believe you mentioned that you had signed up already. Did that affect your ability to list/sell anything at all? I only ask because I haven't done anything yet since all I sell are coins.
I believe you mentioned that you had signed up already. Did that affect your ability to list/sell anything at all? I only ask because I haven't done anything yet since all I sell are coins.
No, not at all. In fact I got 10,000 free listings per month as a prize. [If only I had that much time!]
I don't know what happens between January 13th and January 25th however. It almost reads like I won't be able to list in those categories between those two dates.
@jmlanzaf said:
No, not at all. In fact I got 10,000 free listings per month as a prize. [If only I had that much time!]
I don't really care about the free listings, I've got a regular job and not near enough time to prepare that many. What I'd like to avoid is having a four week downtime while the signup process works its way through the system.
@cheezhed said:
It seems with managed payments ebay is completely separating itself from paypal.
I think it would be more accurate to say they are expanding beyond simply PayPal. You can still use PayPal to pay. You now have the option of other payments from credit cards to Google/Apply Pay.
@jessewvu said:
So this essentially means NO MORE SELLING COINS AND PAPER MONEY
Only if you ignore the first paragraph you quoted:
"Starting January 13, 2021, sellers in the Coins & Paper Money categories, including Bullion, will be notified to register or will be activated for managed payments if you’ve already pre-registered. Sellers that are already activated on managed payments may create listings in these categories beginning January 25."
It never says “you have to register for managed payments”; it says you will be notified to register or will be activated if you have pre registered.
Don’t register. Continue on selling with PayPal as your payment preference
@coiner said:
It never says “you have to register for managed payments”; it says you will be notified to register or will be activated if you have pre registered.
Don’t register. Continue on selling with PayPal as your payment preference
That's what my question above was basically about- is there any advantage to registering now vs. waiting.
@jessewvu said:
So this essentially means NO MORE SELLING COINS AND PAPER MONEY
Only if you ignore the first paragraph you quoted:
"Starting January 13, 2021, sellers in the Coins & Paper Money categories, including Bullion, will be notified to register or will be activated for managed payments if you’ve already pre-registered. Sellers that are already activated on managed payments may create listings in these categories beginning January 25."
It never says “you have to register for managed payments”; it says you will be notified to register or will be activated if you have pre registered.
Don’t register. Continue on selling with PayPal as your payment preference
You have no choice. They are moving everyone to the system.
@jmlanzaf said:
You have no choice. They are moving everyone to the system.
Got it. Is there any benefit (aside from free listings) to registering now vs. waiting until I have to? If you know, of course- I'm not expecting you to be eBay's CS rep here.
I'm already typing out the title no matter what... now I have to write the information again, and I'm not sure it gets me any more eyeballs.
Required item specifics such as denomination and date are used in the search algorithms. Ebay is trying to improve their search results. Yes you will get more (or less) eyeballs by entering item specifics.
KM numbers are currently not required
But if I list a Barber half dollar in the Barber half dollar category, how much help will it be if I also specify the denomination is 50 cents? That should be a default. If the 1905 date is in the title and someone searches 1905, they should get my listing. That's been working just fine. In theory item specifics could make for much more powerful searches, but given the historic way people search and the fact that eBay is dealing with lots of sellers (not just a single seller with their own website doing what works for them) this seems unnecessary.
I'll definitely be testing out "See Title/Description" for those fields, and if they work, that's it for me.
@jmlanzaf said:
You have no choice. They are moving everyone to the system.
Got it. Is there any benefit (aside from free listings) to registering now vs. waiting until I have to? If you know, of course- I'm not expecting you to be eBay's CS rep here.
especially those with eBay stores that have lots of listings.
Starting January 20, 2021, sellers who have listings in the Coins & Paper Money category will be required to update item specifics in the Year and Denomination fields. If the required item specifics are not updated, the ability to create new listings, or relist or revise current listings, will be interrupted, and listings will not successfully publish.
Year and Denomination item specifics fields are already part of the listing process and are currently “recommended,” but will now be “required” effective January 20.
Yay! 1,000 items that will need to be manually edited! Too much fun! And that's not all- there's more!
Starting January 13, 2021, sellers in the Coins & Paper Money categories, including Bullion, will be notified to register or will be activated for managed payments if you’ve already pre-registered.
I'm sure this will be simple and easy.
Here is the whole message I got yesterday:
Starting January 20, 2021, sellers who have listings in the Coins & Paper Money category will be required to update item specifics in the Year and Denomination fields. If the required item specifics are not updated, the ability to create new listings, or relist or revise current listings, will be interrupted, and listings will not successfully publish.
Year and Denomination item specifics fields are already part of the listing process and are currently “recommended,” but will now be “required” effective January 20. The new item specifics requirements improve searchability for buyers and improve listing organization within the category. Learn more about item specifics.
****************Sellers in the Coins & Paper Money and Bullion categories will be enabled for managed payments
Starting January 13, 2021, sellers in the Coins & Paper Money categories, including Bullion, will be notified to register or will be activated for managed payments if you’ve already pre-registered. Sellers that are already activated on managed payments may create listings in these categories beginning January 25. Learn more about managed payments.
@cheezhed said:
It seems with managed payments ebay is completely separating itself from paypal.
I think it would be more accurate to say they are expanding beyond simply PayPal. You can still use PayPal to pay. You now have the option of other payments from credit cards to Google/Apply Pay.
Thanks for the link. So now eBay is reporting your eBay income to the feds automatically?
No I don't think so. Currently, your sales dollars are only reported to IRS if you sell more than $20,000 and have 200 or more transactions in the calendar year. Again, this is just my opinion and I welcome confirmation of this from someone in the know 🤔
I believe those numbers are correct...or were at one time.
From Ebay site:
1099-K forms and income tax on eBay sales
By law, sellers have to declare and pay taxes on income earned from eBay sales. We recommend checking with a tax advisor to understand your responsibilities.
If you're a managed payments seller, and have more than 200 transactions and generate more than $20,000 in sales in a calendar year, you'll receive a Form 1099-K from eBay. This information will also be reported to the IRS and your state tax authority, where applicable.
Only managed payments sellers will be eligible to receive 1099-K forms from eBay. If PayPal or another authorized payment service processed any of your eBay payments during the calendar year, you may receive a separate form from them if your transactions meet the thresholds
@MasonG said: Year and Denomination item specifics fields are already part of the listing process and are currently “recommended,” but will now be “required” effective January 20.
It would be nice to require TPG name and cert numbers.
They accept it and some sellers enter it but many do not.
I have avoided ebay for many years now, and reviewing a thread like this one reminds me of how poorly they (continue to) manage the numismatic arena of their site. I just went to it on a whim to see what all the fuss is about, and almost couldn't stomach the load of garbage that appears to be listed. And piling on with mind-numbing, useless data pushing only makes it worse.
I really feel sorry for you good folks who rely on ebay as part of your income stream.
@OldeTowneCoinShoppe said:
I have avoided ebay for many years now, and reviewing a thread like this one reminds me of how poorly they (continue to) manage the numismatic arena of their site. I just went to it on a whim to see what all the fuss is about, and almost couldn't stomach the load of garbage that appears to be listed. And piling on with mind-numbing, useless data pushing only makes it worse.
I really feel sorry for you good folks who rely on ebay as part of your income stream.
Playing devil's advocate, would not more stringent listing requirements tend to reduce the amount of numismatic "garbage" listed?
@Davideo said:
Playing devil's advocate, would not more stringent listing requirements tend to reduce the amount of numismatic "garbage" listed?
You mean like the inexpensive coins that beginner collectors are typically interested in? Why, yes- it would.
I would add that "stringent listing requirements" are mostly busy work. You can always add "N/A" or a custom item specific for many of them. As such, I can list crap (if I want) and just put N/A in all the item specifics.
If eBay were to eliminate the custom specifics, then you would potentially lose a lot of good material. How many different compositions will there be, for example? How many denominations? If you do non-U.S. material, you will quickly realize how varied they are.
And to @MasonG point: one man's garbage is another man's treasure.
@jmlanzaf said:
And to @MasonG point: one man's garbage is another man's treasure.
Years ago, I spent a fair amount of time developing custom searches that allowed me to avoid looking through stuff I wasn't interested in (garbage) and find the stuff I was (treasure). Would you be surprised to learn that in one of eBay's frequent site "updates", my searches stopped working, and cannot be recreated?
@MasonG said: Year and Denomination item specifics fields are already part of the listing process and are currently “recommended,” but will now be “required” effective January 20.
It would be nice to require TPG name and cert numbers.
They accept it and some sellers enter it but many do not.
They do require the certification company, and please tell me what use the cert number as a searchable term could possibly be.
Well, guess I guess I figured out part of the answer to my question... one would still have to be in managed payments, regardless whatever category one lists items in.
@tincup said:
So what would happen if you listed items in Collectibles category? And just provide good title and description....
Then you lose the buyers who browse listings instead of searching. Besides, it wouldn't be worth the potential trouble it could cause. There are people who appear to have nothing better to do than complain to eBay about listing violations and a seller who did as you noted would eventually have a listing reported and have to deal with the typical eBay CS rep who doesn't really understand the site and just reads responses out of a company notebook.
@tincup said:
Well, guess I guess I figured out part of the answer to my question... one would still have to be in managed payments, regardless whatever category one lists items in.
The only problem with managed payments in the coin category is the lack of any guarantee on the transaction which was the problem that needed to be worked out. You could not use managed payments to pay for coins and similar liquid assets. So, while you might be able to fool the system with a category change - although eBay can also key word search - you probably would lose the ability to file a charge back if there were a problem with the transaction as you had violated the Terms of Service. And, quite frankly, the first time you had such a problem, eBay would know you had cheated the system.
The payment problem has, apparently, now been worked out.
@MasonG said: Year and Denomination item specifics fields are already part of the listing process and are currently “recommended,” but will now be “required” effective January 20.
It would be nice to require TPG name and cert numbers.
They accept it and some sellers enter it but many do not.
They do require the certification company, and please tell me what use the cert number as a searchable term could possibly be.
It's not at all useful as a searchable term. Frankly, "PCGS" isn't necessary as a searchable term if it is in the title since it searches there also. However, some people seem to get there information from the item specifics rather than the pictures or listing. You see it on here all the time when someone complains that a seller has the wrong cert number in the item specifics.
@MasonG said: Year and Denomination item specifics fields are already part of the listing process and are currently “recommended,” but will now be “required” effective January 20.
It would be nice to require TPG name and cert numbers.
They accept it and some sellers enter it but many do not.
They do require the certification company, and please tell me what use the cert number as a searchable term could possibly be.
It makes it easier to copy & paste the number into the cert verification page instead of trying to remember it, forgetting it, and going back & forth between screens. Wait until you get to my age and you'll understand!
Great transactions with oih82w8, JasonGaming, Moose1913.
@MasonG said: Year and Denomination item specifics fields are already part of the listing process and are currently “recommended,” but will now be “required” effective January 20.
It would be nice to require TPG name and cert numbers.
They accept it and some sellers enter it but many do not.
They do require the certification company, and please tell me what use the cert number as a searchable term could possibly be.
It makes it easier to copy & paste the number into the cert verification page instead of trying to remember it, forgetting it, and going back & forth between screens. Wait until you get to my age and you'll understand!
I get that part, but it's also something I don't care about at all. If you want to look up the cert number, have at it.
@MasonG said: Year and Denomination item specifics fields are already part of the listing process and are currently “recommended,” but will now be “required” effective January 20.
It would be nice to require TPG name and cert numbers.
They accept it and some sellers enter it but many do not.
They do require the certification company, and please tell me what use the cert number as a searchable term could possibly be.
It's not at all useful as a searchable term. Frankly, "PCGS" isn't necessary as a searchable term if it is in the title since it searches there also. However, some people seem to get there information from the item specifics rather than the pictures or listing. You see it on here all the time when someone complains that a seller has the wrong cert number in the item specifics.
Here's the rub--that's a reason NOT to have item specifics. Any time I have to duplicate information, there's an opportunity to be inconsistent, which can only spell trouble. And I'm not going to have a listing without a title and description.
@airplanenut said:
I get that part, but it's also something I don't care about at all. If you want to look up the cert number, have at it.
It's easy to say "Sellers should do this or that" when the one who's saying it doesn't pay the cost of doing this or that.
@airplanenut said:
And I'm not going to have a listing without a title and description.
WAG: eBay is trying to figure a way to automatically generate titles from item specifics. And then, sellers won't have the option of choosing their title.
Comments
No. There's a limit below which they do not report. GROSS sales are not taxable. PROFITS are taxable. But, yes, you might have a problem if you sell $3000 worth of stuff from your attic and don't report it on your taxes-with appropriate deductions for the original costs.
In general (this is not tax advice, just a message board comment), if you sell stuff for less than you paid for it, there isn't any income, so there wouldn't be any tax due.
From the email:
Starting January 13, 2021, sellers in the Coins & Paper Money categories, including Bullion, will be notified to register or will be activated for managed payments if you’ve already pre-registered. Sellers that are already activated on managed payments may create listings in these categories beginning January 25. Learn more about managed payments.
Under the managed payments section: https://ebay.com/help/policies/selling-policies/managed-payments-restricted-items-policy?id=5009
What is the policy?
Sellers enrolled in managed payments are not allowed to list the following items:
Adult only items, including movies, video games, and photographs
Auction services
Bullion
Coins & paper money (only Exonumia, and Publications & Supplies are allowed)
Gift cards & coupons
Lodging, timeshares, vacation packages, and car rentals
Memberships for campground and RV parks
Motor vehicles
Tickets for travel, events, or experiences
Wine
Listings that don't follow these rules may be removed from the site or from search results. Other actions we may take include lowering a seller's rating, charging additional fees, limiting buying and selling privileges, or suspending an account.
So this essentially means NO MORE SELLING COINS AND PAPER MONEY
Well, if I can't get professional advice here, why should I keep coming here?
I give up. Why?
Only if you ignore the first paragraph you quoted:
"Starting January 13, 2021, sellers in the Coins & Paper Money categories, including Bullion, will be notified to register or will be activated for managed payments if you’ve already pre-registered. Sellers that are already activated on managed payments may create listings in these categories beginning January 25."
Just work in all your expenses; you have ebay, paypal, shipping, cost of amortization, depreciation, storage, loss of value, cost of keeping it in inventory, original cost, psychological duress for all losses suffered as well as spousal upsets that you didn't sell it earlier. Consider everything when filing with the state and federal tax authorities.
No I don't think so. Currently, your sales dollars are only reported to IRS if you sell more than $20,000 and have 200 or more transactions in the calendar year. Again, this is just my opinion and I welcome confirmation of this from someone in the know 🤔
This has been discussed in the past. Ebay is waiting for Coin and Bullion to become acceptable before putting us on managed payments. Here is their quote:
eBay sellers that frequently list in restricted categories will not be required to register for managed payments until these categories are compatible. We will continue to support sellers through the expansion of managed payments and are working to expand the types of items allowed by sellers in managed payments through 2021.
January 4, 2021 6:39PM, above:
January 4, 2021 5:05PM, this thread:https://forums.collectors.com/discussion/1049462/question-about-humidity-coin-holders#latest
Busted!
Thanks. I haven't sold much lately and figured i would list some stuff to take advantage of the buying frenzy due to the COVID stimulus.
KM number is from Krause Catalogs - World Coins, Currency. A friend went to world coins decades ago saying “can’t make any money doing US they all have a gray sheet in their hip pocket, with world none of that plus many can’t even afford the book (catalog) lol.”
For people who quote me sheet (CDN) on US at my table. I ask them (1) have one sell me at that? If they say no / then I tell them go find one.
I believe those numbers are correct...or were at one time.
LOL.
I specifically mentioned opinions, not the [worthless] professional advice that I get here.
That time is here: January 25th.
Fair enough, but I'm pretty sure I noted that my opinion wasn't professional advice.
I believe you mentioned that you had signed up already. Did that affect your ability to list/sell anything at all? I only ask because I haven't done anything yet since all I sell are coins.
No, not at all. In fact I got 10,000 free listings per month as a prize. [If only I had that much time!]
I don't know what happens between January 13th and January 25th however. It almost reads like I won't be able to list in those categories between those two dates.
I don't really care about the free listings, I've got a regular job and not near enough time to prepare that many. What I'd like to avoid is having a four week downtime while the signup process works its way through the system.
If you don't like it, change the law. BTW, this is true whether eBay reports it or not.
......
Great transactions with oih82w8, JasonGaming, Moose1913.
It never says “you have to register for managed payments”; it says you will be notified to register or will be activated if you have pre registered.
Don’t register. Continue on selling with PayPal as your payment preference
That's what my question above was basically about- is there any advantage to registering now vs. waiting.
You have no choice. They are moving everyone to the system.
Got it. Is there any benefit (aside from free listings) to registering now vs. waiting until I have to? If you know, of course- I'm not expecting you to be eBay's CS rep here.
But if I list a Barber half dollar in the Barber half dollar category, how much help will it be if I also specify the denomination is 50 cents? That should be a default. If the 1905 date is in the title and someone searches 1905, they should get my listing. That's been working just fine. In theory item specifics could make for much more powerful searches, but given the historic way people search and the fact that eBay is dealing with lots of sellers (not just a single seller with their own website doing what works for them) this seems unnecessary.
I'll definitely be testing out "See Title/Description" for those fields, and if they work, that's it for me.
Idk
Ok- thanks.
************> @MasonG said:
Here is the whole message I got yesterday:
Starting January 20, 2021, sellers who have listings in the Coins & Paper Money category will be required to update item specifics in the Year and Denomination fields. If the required item specifics are not updated, the ability to create new listings, or relist or revise current listings, will be interrupted, and listings will not successfully publish.
Year and Denomination item specifics fields are already part of the listing process and are currently “recommended,” but will now be “required” effective January 20. The new item specifics requirements improve searchability for buyers and improve listing organization within the category. Learn more about item specifics.
****************Sellers in the Coins & Paper Money and Bullion categories will be enabled for managed payments
Starting January 13, 2021, sellers in the Coins & Paper Money categories, including Bullion, will be notified to register or will be activated for managed payments if you’ve already pre-registered. Sellers that are already activated on managed payments may create listings in these categories beginning January 25. Learn more about managed payments.
Thank you for selling on eBay,
Your Selling Team
From Ebay site:
1099-K forms and income tax on eBay sales
By law, sellers have to declare and pay taxes on income earned from eBay sales. We recommend checking with a tax advisor to understand your responsibilities.
If you're a managed payments seller, and have more than 200 transactions and generate more than $20,000 in sales in a calendar year, you'll receive a Form 1099-K from eBay. This information will also be reported to the IRS and your state tax authority, where applicable.
Only managed payments sellers will be eligible to receive 1099-K forms from eBay. If PayPal or another authorized payment service processed any of your eBay payments during the calendar year, you may receive a separate form from them if your transactions meet the thresholds
It would be nice to require TPG name and cert numbers.
They accept it and some sellers enter it but many do not.
I have avoided ebay for many years now, and reviewing a thread like this one reminds me of how poorly they (continue to) manage the numismatic arena of their site. I just went to it on a whim to see what all the fuss is about, and almost couldn't stomach the load of garbage that appears to be listed. And piling on with mind-numbing, useless data pushing only makes it worse.
I really feel sorry for you good folks who rely on ebay as part of your income stream.
On the web: http://www.earlyus.com
>
I thank you for your concern.
My eBay sales are off the chart in a good way.
What a fabulous platform for a small businessman to succeed.
Playing devil's advocate, would not more stringent listing requirements tend to reduce the amount of numismatic "garbage" listed?
You mean like the inexpensive coins that beginner collectors are typically interested in? Why, yes- it would.
I would add that "stringent listing requirements" are mostly busy work. You can always add "N/A" or a custom item specific for many of them. As such, I can list crap (if I want) and just put N/A in all the item specifics.
If eBay were to eliminate the custom specifics, then you would potentially lose a lot of good material. How many different compositions will there be, for example? How many denominations? If you do non-U.S. material, you will quickly realize how varied they are.
And to @MasonG point: one man's garbage is another man's treasure.
You better grab the phone, @coinstartled is calling you...
Years ago, I spent a fair amount of time developing custom searches that allowed me to avoid looking through stuff I wasn't interested in (garbage) and find the stuff I was (treasure). Would you be surprised to learn that in one of eBay's frequent site "updates", my searches stopped working, and cannot be recreated?
if you have a lot of graded coins, this will be no problem, it's the ungraded coins that will be problems
They do require the certification company, and please tell me what use the cert number as a searchable term could possibly be.
So what would happen if you listed items in Collectibles category? And just provide good title and description....
After all... coins are collectibles.
Well, guess I guess I figured out part of the answer to my question... one would still have to be in managed payments, regardless whatever category one lists items in.
Then you lose the buyers who browse listings instead of searching. Besides, it wouldn't be worth the potential trouble it could cause. There are people who appear to have nothing better to do than complain to eBay about listing violations and a seller who did as you noted would eventually have a listing reported and have to deal with the typical eBay CS rep who doesn't really understand the site and just reads responses out of a company notebook.
The only problem with managed payments in the coin category is the lack of any guarantee on the transaction which was the problem that needed to be worked out. You could not use managed payments to pay for coins and similar liquid assets. So, while you might be able to fool the system with a category change - although eBay can also key word search - you probably would lose the ability to file a charge back if there were a problem with the transaction as you had violated the Terms of Service. And, quite frankly, the first time you had such a problem, eBay would know you had cheated the system.
The payment problem has, apparently, now been worked out.
It's not at all useful as a searchable term. Frankly, "PCGS" isn't necessary as a searchable term if it is in the title since it searches there also. However, some people seem to get there information from the item specifics rather than the pictures or listing. You see it on here all the time when someone complains that a seller has the wrong cert number in the item specifics.
Isn't the FVF 3% higher in the Collectibles category?
It makes it easier to copy & paste the number into the cert verification page instead of trying to remember it, forgetting it, and going back & forth between screens. Wait until you get to my age and you'll understand!
Great transactions with oih82w8, JasonGaming, Moose1913.
I get that part, but it's also something I don't care about at all. If you want to look up the cert number, have at it.
Here's the rub--that's a reason NOT to have item specifics. Any time I have to duplicate information, there's an opportunity to be inconsistent, which can only spell trouble. And I'm not going to have a listing without a title and description.
It's easy to say "Sellers should do this or that" when the one who's saying it doesn't pay the cost of doing this or that.
WAG: eBay is trying to figure a way to automatically generate titles from item specifics. And then, sellers won't have the option of choosing their title.