eBay FVF - Holy cow!!

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Raufus
Raufus Posts: 7,567 ✭✭✭✭✭

Hi Folks,

I've been out of the game for a bit.

I am seeing that the final value fees on ebay are not nearly 13%. Just curious, when did they go up so high??

Last I sold they were far less, though there was a PayPal fee as well. Did they just raise the FVF as there is no PP fee now? Even with no PP fee, this his higher then I recall it being. IIRC, just a few years back the FVF was in the 6 or so % range. Incredible.

Thanks for any info.

Land of the Free because of the Brave!

Comments

  • MedalCollector
    MedalCollector Posts: 2,103 ✭✭✭✭✭
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    Here we go again :smile:

  • AUandAG
    AUandAG Posts: 25,050 ✭✭✭✭✭
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    Good observation, spot on.

    bob

    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
  • ctf_error_coins
    ctf_error_coins Posts: 15,433 ✭✭✭✭✭
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    I wonder what the exact cost is per eyeball ;)

  • justmenutty72
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    I believe eBay’s FVF had been 10% for a long time. PayPal’s fee was about 3.3%. But since the removal of PayPal from the equation, eBay absorbed their fee and now charge 13+%

  • MFeld
    MFeld Posts: 17,141 ✭✭✭✭✭
    edited September 5, 2022 8:46AM
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    @ErrorsOnCoins said:
    I wonder what the exact cost is per eyeball ;)

    I wonder how many of the eyeballs are worth any cost? Seriously, you know that the number of eyeballs is only part of the equation.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • ctf_error_coins
    ctf_error_coins Posts: 15,433 ✭✭✭✭✭
    Options

    @MFeld said:

    @ErrorsOnCoins said:
    I wonder what the exact cost is per eyeball ;)

    I wonder how many of the eyeballs are worth any cost? Seriously, you know that the number of eyeballs is only part of the equation.

    I am only concerned about eyeballs, that is what I am paying for.

    I view eBay as a giant super inexpensive advertising platform. If I sell a coin there, all the better.

  • MFeld
    MFeld Posts: 17,141 ✭✭✭✭✭
    Options

    @ErrorsOnCoins said:

    @MFeld said:

    @ErrorsOnCoins said:
    I wonder what the exact cost is per eyeball ;)

    I wonder how many of the eyeballs are worth any cost? Seriously, you know that the number of eyeballs is only part of the equation.

    I am only concerned about eyeballs, that is what I am paying for.

    I view eBay as a giant super inexpensive advertising platform. If I sell a coin there, all the better.

    I’m sure lots of other sellers view eBay the same way, but many others actually try to sell there. And for those who do, the number of eyeballs isn’t the most important consideration.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • skier07
    skier07 Posts: 4,834 ✭✭✭✭✭
    Options

    @ErrorsOnCoins said:

    @MFeld said:

    @ErrorsOnCoins said:
    I wonder what the exact cost is per eyeball ;)

    I wonder how many of the eyeballs are worth any cost? Seriously, you know that the number of eyeballs is only part of the equation.

    I am only concerned about eyeballs, that is what I am paying for.

    I view eBay as a giant super inexpensive advertising platform. If I sell a coin there, all the better.

    eBay is great for advertising and can be good for buyers. As a casual seller it’s no bargain. I can consign to an auction house with roughly the same fees and they do all the work. If I’m selling raw coins or junk that’s a different story.

  • ctf_error_coins
    ctf_error_coins Posts: 15,433 ✭✭✭✭✭
    Options

    @MFeld said:

    @ErrorsOnCoins said:

    @MFeld said:

    @ErrorsOnCoins said:
    I wonder what the exact cost is per eyeball ;)

    I wonder how many of the eyeballs are worth any cost? Seriously, you know that the number of eyeballs is only part of the equation.

    I am only concerned about eyeballs, that is what I am paying for.

    I view eBay as a giant super inexpensive advertising platform. If I sell a coin there, all the better.

    I’m sure lots of other sellers view eBay the same way, but many others actually try to sell there. And for those who do, the number of eyeballs isn’t the most important consideration.

    Most of the coins I sell are on eBay or from an eBay lead.

    The comment right after you mentioned "I can consign to an auction house with roughly the same fees and they do all the work." and my response is they are promoting their auction and not your coin business. For roughly the same price and some labor, I can get better photos, the same net amount, and My Business is being promoted and not the auction house.

  • skier07
    skier07 Posts: 4,834 ✭✭✭✭✭
    Options

    @ErrorsOnCoins said:

    @MFeld said:

    @ErrorsOnCoins said:

    @MFeld said:

    @ErrorsOnCoins said:
    I wonder what the exact cost is per eyeball ;)

    I wonder how many of the eyeballs are worth any cost? Seriously, you know that the number of eyeballs is only part of the equation.

    I am only concerned about eyeballs, that is what I am paying for.

    I view eBay as a giant super inexpensive advertising platform. If I sell a coin there, all the better.

    I’m sure lots of other sellers view eBay the same way, but many others actually try to sell there. And for those who do, the number of eyeballs isn’t the most important consideration.

    Most of the coins I sell are on eBay or from an eBay lead.

    The comment right after you mentioned "I can consign to an auction house with roughly the same fees and they do all the work." and my response is they are promoting their auction and not your coin business. For roughly the same price and some labor, I can get better photos, the same net amount, and My Business is being promoted and not the auction house.

    I think we agree with one another. For someone like you with a coin business eBay is great but for someone like me who casually sells coins there are better alternatives.

  • jmlanzaf
    jmlanzaf Posts: 43,054 ✭✭✭✭✭
    Options

    @justmenutty72 said:
    I believe eBay’s FVF had been 10% for a long time. PayPal’s fee was about 3.3%. But since the removal of PayPal from the equation, eBay absorbed their fee and now charge 13+%

    This.

    Ebay fees have actually gone DOWN in recent years. With a store, you pay 8.7% all in. It used to be at least 6% + 3% and PayPal is now 3.5%.

    You can sell bullion for 4 %.

    With top rated seller discount, you can even knock 10% off that number.

    All comments reflect the opinion of the author, even when irrefutably accurate.

  • jmlanzaf
    jmlanzaf Posts: 43,054 ✭✭✭✭✭
    Options

    @skier07 said:

    @ErrorsOnCoins said:

    @MFeld said:

    @ErrorsOnCoins said:
    I wonder what the exact cost is per eyeball ;)

    I wonder how many of the eyeballs are worth any cost? Seriously, you know that the number of eyeballs is only part of the equation.

    I am only concerned about eyeballs, that is what I am paying for.

    I view eBay as a giant super inexpensive advertising platform. If I sell a coin there, all the better.

    eBay is great for advertising and can be good for buyers. As a casual seller it’s no bargain. I can consign to an auction house with roughly the same fees and they do all the work. If I’m selling raw coins or junk that’s a different story.

    I dare you to consign bullion for 4%.

    And with a store, the coins are 8.7%. There is no auction house under 10%.

    All comments reflect the opinion of the author, even when irrefutably accurate.

  • abdelmeg1
    Options

    sorry, but what are "eyeballs" ?

  • abdelmeg1
    Options

    @jmlanzaf said:

    @skier07 said:

    @ErrorsOnCoins said:

    @MFeld said:

    @ErrorsOnCoins said:
    I wonder what the exact cost is per eyeball ;)

    I wonder how many of the eyeballs are worth any cost? Seriously, you know that the number of eyeballs is only part of the equation.

    I am only concerned about eyeballs, that is what I am paying for.

    I view eBay as a giant super inexpensive advertising platform. If I sell a coin there, all the better.

    eBay is great for advertising and can be good for buyers. As a casual seller it’s no bargain. I can consign to an auction house with roughly the same fees and they do all the work. If I’m selling raw coins or junk that’s a different story.

    I dare you to consign bullion for 4%.

    And with a store, the coins are 8.7%. There is no auction house under 10%.

    From what I gather though, expensive coins ($10,000 ++) do not sell quickly on ebay ; and that consigning them to an auction house may be the best way to go.

  • MFeld
    MFeld Posts: 17,141 ✭✭✭✭✭
    Options

    @abdelmeg1 said:
    sorry, but what are "eyeballs" ?

    Lookers/viewers of listings.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • abdelmeg1
    Options

    @ErrorsOnCoins said:

    @MFeld said:

    @ErrorsOnCoins said:

    @MFeld said:

    @ErrorsOnCoins said:
    I wonder what the exact cost is per eyeball ;)

    I wonder how many of the eyeballs are worth any cost? Seriously, you know that the number of eyeballs is only part of the equation.

    I am only concerned about eyeballs, that is what I am paying for.

    I view eBay as a giant super inexpensive advertising platform. If I sell a coin there, all the better.

    I’m sure lots of other sellers view eBay the same way, but many others actually try to sell there. And for those who do, the number of eyeballs isn’t the most important consideration.

    Most of the coins I sell are on eBay or from an eBay lead.

    The comment right after you mentioned "I can consign to an auction house with roughly the same fees and they do all the work." and my response is they are promoting their auction and not your coin business. For roughly the same price and some labor, I can get better photos, the same net amount, and My Business is being promoted and not the auction house.

    @ErrorsOnCoins From what I gather though, expensive coins ($10,000 ++) do not sell quickly on ebay ; and that consigning them to an auction house may be the best way to go. Do you agree with that ? (since you mentioned that you sell a lot on ebay); and if you do , which auction house do you recommend for consigninf $10,000 ++ coins ? Thanks

  • WQuarterFreddie
    WQuarterFreddie Posts: 3,305 ✭✭✭✭✭
    Options

    Here we go again🙄

    Left turn at Albuquerque away from the OP question.......

  • djm
    djm Posts: 1,565 ✭✭✭✭✭
    Options

    @abdelmeg1 said:

    @ErrorsOnCoins said:

    @MFeld said:

    @ErrorsOnCoins said:

    @MFeld said:

    @ErrorsOnCoins said:
    I wonder what the exact cost is per eyeball ;)

    I wonder how many of the eyeballs are worth any cost? Seriously, you know that the number of eyeballs is only part of the equation.

    I am only concerned about eyeballs, that is what I am paying for.

    I view eBay as a giant super inexpensive advertising platform. If I sell a coin there, all the better.

    I’m sure lots of other sellers view eBay the same way, but many others actually try to sell there. And for those who do, the number of eyeballs isn’t the most important consideration.

    Most of the coins I sell are on eBay or from an eBay lead.

    The comment right after you mentioned "I can consign to an auction house with roughly the same fees and they do all the work." and my response is they are promoting their auction and not your coin business. For roughly the same price and some labor, I can get better photos, the same net amount, and My Business is being promoted and not the auction house.

    @ErrorsOnCoins From what I gather though, expensive coins ($10,000 ++) do not sell quickly on ebay ; and that consigning them to an auction house may be the best way to go. Do you agree with that ? (since you mentioned that you sell a lot on ebay); and if you do , which auction house do you recommend for consigninf $10,000 ++ coins ? Thanks

    Your question is too general to answer. When you say $10,000++ in coins what do you mean? 1 $10,000 coin, 10 $1,000 coins or 5000 $2 coins. Where the best place to sell the coins depends on your answer.

  • DelawareDoons
    DelawareDoons Posts: 3,444 ✭✭✭✭✭
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    I pay 8.8% with a store.

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

  • abdelmeg1
    Options

    @djm said:

    @abdelmeg1 said:

    @ErrorsOnCoins said:

    @MFeld said:

    @ErrorsOnCoins said:

    @MFeld said:

    @ErrorsOnCoins said:
    I wonder what the exact cost is per eyeball ;)

    I wonder how many of the eyeballs are worth any cost? Seriously, you know that the number of eyeballs is only part of the equation.

    I am only concerned about eyeballs, that is what I am paying for.

    I view eBay as a giant super inexpensive advertising platform. If I sell a coin there, all the better.

    I’m sure lots of other sellers view eBay the same way, but many others actually try to sell there. And for those who do, the number of eyeballs isn’t the most important consideration.

    Most of the coins I sell are on eBay or from an eBay lead.

    The comment right after you mentioned "I can consign to an auction house with roughly the same fees and they do all the work." and my response is they are promoting their auction and not your coin business. For roughly the same price and some labor, I can get better photos, the same net amount, and My Business is being promoted and not the auction house.

    @ErrorsOnCoins From what I gather though, expensive coins ($10,000 ++) do not sell quickly on ebay ; and that consigning them to an auction house may be the best way to go. Do you agree with that ? (since you mentioned that you sell a lot on ebay); and if you do , which auction house do you recommend for consigninf $10,000 ++ coins ? Thanks

    Your question is too general to answer. When you say $10,000++ in coins what do you mean? 1 $10,000 coin, 10 $1,000 coins or 5000 $2 coins. Where the best place to sell the coins depends on your answer.

    1 coin

  • MasonG
    MasonG Posts: 7,586 ✭✭✭✭✭
    Options

    It appears the thread police is on duty now. :)

  • Jzyskowski1
    Jzyskowski1 Posts: 6,650 ✭✭✭✭✭
    Options

    And now the cats. 😉🦫🙀
    Shall answer the OP’s question

    🎶 shout shout, let it all out 🎶

  • djm
    djm Posts: 1,565 ✭✭✭✭✭
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    @abdelmeg1 said:

    @djm said:

    @abdelmeg1 said:

    @ErrorsOnCoins said:

    @MFeld said:

    @ErrorsOnCoins said:

    @MFeld said:

    @ErrorsOnCoins said:
    I wonder what the exact cost is per eyeball ;)

    I wonder how many of the eyeballs are worth any cost? Seriously, you know that the number of eyeballs is only part of the equation.

    I am only concerned about eyeballs, that is what I am paying for.

    I view eBay as a giant super inexpensive advertising platform. If I sell a coin there, all the better.

    I’m sure lots of other sellers view eBay the same way, but many others actually try to sell there. And for those who do, the number of eyeballs isn’t the most important consideration.

    Most of the coins I sell are on eBay or from an eBay lead.

    The comment right after you mentioned "I can consign to an auction house with roughly the same fees and they do all the work." and my response is they are promoting their auction and not your coin business. For roughly the same price and some labor, I can get better photos, the same net amount, and My Business is being promoted and not the auction house.

    @ErrorsOnCoins From what I gather though, expensive coins ($10,000 ++) do not sell quickly on ebay ; and that consigning them to an auction house may be the best way to go. Do you agree with that ? (since you mentioned that you sell a lot on ebay); and if you do , which auction house do you recommend for consigninf $10,000 ++ coins ? Thanks

    Your question is too general to answer. When you say $10,000++ in coins what do you mean? 1 $10,000 coin, 10 $1,000 coins or 5000 $2 coins. Where the best place to sell the coins depends on your answer.

    1 coin

    You could use Great Collections; they will charge a small listing fee, but no sellers fee if the coin sells for over $1000.
    The other option is to try to negotiate a negative sellers fee with either Stacks or Heritage, however 1 $10,000 may not be a big enough deal for them.

  • abdelmeg1
    Options

    @djm said:

    @abdelmeg1 said:

    @djm said:

    @abdelmeg1 said:

    @ErrorsOnCoins said:

    @MFeld said:

    @ErrorsOnCoins said:

    @MFeld said:

    @ErrorsOnCoins said:
    I wonder what the exact cost is per eyeball ;)

    I wonder how many of the eyeballs are worth any cost? Seriously, you know that the number of eyeballs is only part of the equation.

    I am only concerned about eyeballs, that is what I am paying for.

    I view eBay as a giant super inexpensive advertising platform. If I sell a coin there, all the better.

    I’m sure lots of other sellers view eBay the same way, but many others actually try to sell there. And for those who do, the number of eyeballs isn’t the most important consideration.

    Most of the coins I sell are on eBay or from an eBay lead.

    The comment right after you mentioned "I can consign to an auction house with roughly the same fees and they do all the work." and my response is they are promoting their auction and not your coin business. For roughly the same price and some labor, I can get better photos, the same net amount, and My Business is being promoted and not the auction house.

    @ErrorsOnCoins From what I gather though, expensive coins ($10,000 ++) do not sell quickly on ebay ; and that consigning them to an auction house may be the best way to go. Do you agree with that ? (since you mentioned that you sell a lot on ebay); and if you do , which auction house do you recommend for consigninf $10,000 ++ coins ? Thanks

    Your question is too general to answer. When you say $10,000++ in coins what do you mean? 1 $10,000 coin, 10 $1,000 coins or 5000 $2 coins. Where the best place to sell the coins depends on your answer.

    1 coin

    You could use Great Collections; they will charge a small listing fee, but no sellers fee if the coin sells for over $1000.
    The other option is to try to negotiate a negative sellers fee with either Stacks or Heritage, however 1 $10,000 may not be a big enough deal for them.

    @djm what is a negative sellers fee ? how much is that ?

  • djm
    djm Posts: 1,565 ✭✭✭✭✭
    Options

    @abdelmeg1 said:

    @djm said:

    @abdelmeg1 said:

    @djm said:

    @abdelmeg1 said:

    @ErrorsOnCoins said:

    @MFeld said:

    @ErrorsOnCoins said:

    @MFeld said:

    @ErrorsOnCoins said:
    I wonder what the exact cost is per eyeball ;)

    I wonder how many of the eyeballs are worth any cost? Seriously, you know that the number of eyeballs is only part of the equation.

    I am only concerned about eyeballs, that is what I am paying for.

    I view eBay as a giant super inexpensive advertising platform. If I sell a coin there, all the better.

    I’m sure lots of other sellers view eBay the same way, but many others actually try to sell there. And for those who do, the number of eyeballs isn’t the most important consideration.

    Most of the coins I sell are on eBay or from an eBay lead.

    The comment right after you mentioned "I can consign to an auction house with roughly the same fees and they do all the work." and my response is they are promoting their auction and not your coin business. For roughly the same price and some labor, I can get better photos, the same net amount, and My Business is being promoted and not the auction house.

    @ErrorsOnCoins From what I gather though, expensive coins ($10,000 ++) do not sell quickly on ebay ; and that consigning them to an auction house may be the best way to go. Do you agree with that ? (since you mentioned that you sell a lot on ebay); and if you do , which auction house do you recommend for consigninf $10,000 ++ coins ? Thanks

    Your question is too general to answer. When you say $10,000++ in coins what do you mean? 1 $10,000 coin, 10 $1,000 coins or 5000 $2 coins. Where the best place to sell the coins depends on your answer.

    1 coin

    You could use Great Collections; they will charge a small listing fee, but no sellers fee if the coin sells for over $1000.
    The other option is to try to negotiate a negative sellers fee with either Stacks or Heritage, however 1 $10,000 may not be a big enough deal for them.

    @djm what is a negative sellers fee ? how much is that ?

    With a 10% sellers fee you would get 90% of the hammer price.
    With a negative 10% sellers fee you would get 110% of the hammer price.

  • Raufus
    Raufus Posts: 7,567 ✭✭✭✭✭
    Options

    Thanks very much for the informative posts. I know that eBay is discussed frequently. I really appreciate those who took the time to post. Thank you!

    Land of the Free because of the Brave!
  • derryb
    derryb Posts: 38,614 ✭✭✭✭✭
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    ebay FVF include what you were paying additionally to Paypal.

    Government is the great fiction through which everybody endeavors to live at the expense of everybody else. - Bastiat

  • logger7
    logger7 Posts: 9,868 ✭✭✭✭✭
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    If your stuff is easy to sell the $30 or so store fee may be worth opening it then closing it when you are done. Also you get around $25 toward shipping supplies a quarter.

  • spyglassdesign
    spyglassdesign Posts: 1,634 ✭✭✭✭✭
    Options

    With an ebay store as others have mentioned, 5 to 10 percent depending on bullion VS coin as well as sale prices, and potentially getting thousands of eyeballs potentially interesting in bidding or buying, it's really not that bad of a deal. As a one off or a few here and there the 13% can feel a bit steep at times... But again you are opening the door to a lot of real and potential traffic!

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