Home U.S. Coin Forum

Cheap eBay Sales

JeffMTampaJeffMTampa Posts: 3,289 ✭✭✭✭✭

I see people selling rolls of Wheat Back Lincoln Cents for around $4 with free shipping. How is this possible? My Furst Class shipping charges run $3,75 to $4,25 Then there's the coin value, eBay fees, packaging, etc.

What am I missing? Is there a much cheaper way to ship?

I love them Barber Halves.....

Comments

  • MS66MS66 Posts: 235 ✭✭✭

    Sometimes people just want to get rid of stuff, and are willing to take a loss. I'm sure I'm not the only one who has done it.

  • mikee999mikee999 Posts: 619 ✭✭✭✭✭

    @MS66 said:
    Sometimes people just want to get rid of stuff, and are willing to take a loss. I'm sure I'm not the only one who has done it.

    why don’t they either spend the coins or deposit them w/zero loss?

  • MS66MS66 Posts: 235 ✭✭✭

    @mikee999 said:

    @MS66 said:
    Sometimes people just want to get rid of stuff, and are willing to take a loss. I'm sure I'm not the only one who has done it.

    why don’t they either spend the coins or deposit them w/zero loss?

    Well, as an example, I sell UNC 90% silver JFKs for $7 with free shipping. That's less than they're worth but much more than face value.

  • airplanenutairplanenut Posts: 22,230 ✭✭✭✭✭

    Are these BINs or auctions? It's always possible that they greatly undervalued what the item would bring or they forgot that postage has gone up over the last 30 years.

    JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research
  • MS66MS66 Posts: 235 ✭✭✭

    And to add to that, if I ship them in holders in parcels I really take a hit. I don't spend too much time doing this, needless to say.

  • Morgan13Morgan13 Posts: 1,352 ✭✭✭✭✭

    I see so much stuff selling for low prices on ebay. It also seems like even reasonable priced BIN stuff just sits forever.
    I know for what I collect it seems like the same coins are listed forever.
    I wonder if it's because there is just so much. I'm not sure of the number of US coins for sale but I have no doubt it's massive.

    Student of numismatics and collector of Morgan dollars
    Successful BST transactions with: Namvet Justindan Mattniss RWW olah_in_MA
    Dantheman984 Toyz4geo SurfinxHI greencopper RWW bigjpst bretsan MWallace logger7

  • rte592rte592 Posts: 1,742 ✭✭✭✭✭

    @MS66 said:

    @mikee999 said:

    @MS66 said:
    Sometimes people just want to get rid of stuff, and are willing to take a loss. I'm sure I'm not the only one who has done it.

    why don’t they either spend the coins or deposit them w/zero loss?

    Well, as an example, I sell UNC 90% silver JFKs for $7 with free shipping. That's less than they're worth but much more than face value.

    Why wouldn't you sell in bulk here in the classified section?
    Would save you a lot of time Unless you're doing it as a lost leader to develop a client base.
    And if you're not getting contact information on buyers well it's truly a lost leader.

  • COCollectorCOCollector Posts: 1,323 ✭✭✭✭✭
    edited July 16, 2023 9:40PM

    "Sorry for the error, shipping isn't free."

    Successful BST transactions with forum members thebigeng, SPalladino, Zoidmeister, coin22lover, coinsarefun, jwitten, CommemKing.

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file