what’s the shortest time between posting & selling your coin?
mikee999
Posts: 248 ✭✭✭
In my case:
Time coin was posted 3:58pm CA time
Coin sold at 4:11pm CA time
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mikee999
Posts: 248 ✭✭✭
mikee999
Posts: 248 ✭✭✭
mikee999
Posts: 248 ✭✭✭
Comments
Coin bought off GC sun recd Thur and put in online store sold 3 days later - got 50pct markup over cost - sweet
About 10 seconds on the BST
Possibly 10 seconds via FB IG, or BST
Type Collector of U.S. Pre-33 Gold https://instagram.com/deplorable_dan Successful transactions with- @drfish, @Cladiator, @johnny010, @Pedzola, @PerryHall, @2windy2fish, @Ike1964, @JohnThePainter, @rpmsrpms, @REALGATOR
What venue?
Multiple flips at shows in under 10 minutes.
As far as the BST, probably none less than an hour, but a number less than two hours.
If you price right the BST can be very fast.
Collector, occasional seller
The good news is that I had a couple coins sell on eBay in a couple of minutes, but the bad news is the coins were under priced.
I've had a couple coins up for less than an hour on ebay. Doesn't happen often tho!
https://www.the4thcoin.com
https://www.ebay.com/str/thefourthcoin
PQ and well priced coins sell within seconds of being posted on IG regularly.
Everything I've put on the BST forum and sold sold very quickly.
Most of the things that didn't sell didn't even get a nibble.
Seven days in an eBay auction.
I bought a ten ounce bar at a shop for spot(16)+1 and drove home. Drove up to my outer gate, put the bar on my knee in sunlight, took a pic and listed it on eBay for $600.
Opened gate, drove in and closed gate. Had 3 offers and full price BIN and pd by PayPal.
Shocked!! A few minutes
Less than 2 minutes on ebay.
Paper money eventually returns to its intrinsic value. Zero. Voltaire. Ebay coinbowlllc
I don't remember what the actual time duration was, but it was less than 10 minutes. I think I priced it too low!
BST transactions: dbldie55, jayPem, 78saen, UltraHighRelief, nibanny, liefgold, FallGuy, lkeigwin, mbogoman, Sandman70gt, keets, joeykoins, ianrussell (@GC), EagleEye, ThePennyLady, GRANDAM, Ilikecolor, Gluggo, okiedude, Voyageur, LJenkins11, fastfreddie, ms70, pursuitofliberty, ZoidMeister,...
Doesn't that mean your price is actually wrong...?
If you're underpricing your material, very fast, lots of internet sharks ready to buy and flip; also when giving money away/leaving money on the table raving feedback from buyers is not uncommon.
I sold an MS62 small eagle dime here on the BST to a dealer one hour after I posted it. He told me I had underpriced it, and after he sold it later at a show, voluntarily sent me a check for $1600.
Back in those days, he was a true mensch.
Commems and Early Type
Bought a CWT two weeks ago and decided this week that I didn’t like it. Threw it on eBay yesterday at 80% markup and sold it in 12 minutes. Was pretty surprised.