A variety of different dates of Morgan at less than $11. each? Thanks eBay...
braddick
Posts: 24,110 ✭✭✭✭✭
https://www.ebay.com/itm/335605880909
I didn't win these, yet someone scored a decent deal.
How do auctions like this slip through the cracks?
peacockcoins
1
Comments
Looking at that seller's other current listings, most have no bids and starting bids that are below market value.
I assume they expect them to be bid up to at least close to market value by the end. Their past sales indicate that is what usually happens.
The particular lot in question had a "Best Offer" option. I suspect that someone made a reasonable offer well above the $299.98 start price, and that offer was accepted (but is not reflected in the listed sale price).
So I doubt that anyone actually got this for $299.98 .
^^
I learned something right now.
I wasn't aware if someone has a best offer accepted eBay will default to the opening price as the closing/sale price when the item is searched for under sold/ended listings.
peacockcoins
Yeah. Looks like best offer was taken a half hour after the listing began. Ebay is eccentric on revealing best offer results. Not sure why.
It seems ever so slightly dishonest.
peacockcoins
"It seems ever so slightly dishonest."
Or they are just not being candid for some reason. I am not sure why.
I wonder if it has something to do with counter offers? I often see results with a strike through of the original asking price but I just sold one yesterday that shows the asking as the sales price but it was actually discounted after few offer/counter-offer volleys.
I now suppose it works the other way around with eBay.
Should an item have an offer than is less than the opening bid and is accepted- does eBay report the opening price instead of the sold price on their closed listings?
peacockcoins
Sale price for this auction was $775.00
(I was not the bidder)
.
If that is the case, then with the listed shipping, the buyer paid right at $28 each. I see some coins worth a little less than that, but also there are some potential $40 coins. So I would say that it was a pretty good deal.
.
Sale ended and sold. I hope the buyer is happy
It has been like that for as long as I can remember.
"Dishonest"? The data is flawed, but I'm not sure i would call it "dishonest". They also remove all listings after 90 days. Is that also "dishonest"?
I stated,
"ever so slightly" dishonest.
MEANING
dis·hon·est (ˌ)dis-ˈä-nəst also (ˌ)diz-
Synonyms of dishonest:
characterized by lack of truth, honesty, or trustworthiness.
@jmlanzaf said:
"The data is flawed."
Yes, if the data is flawed and eBay could easily fix that- I consider that ever so slightly dishonest.
peacockcoins
What website did you use to see accepted BIN offer? Watchcount used to have them, but no more
I don't know how easily they can fix it. I imagine it is the way the data is stored.
More disinterested than dishonest. Getting back on to selling on Ebay after a couple years off. These guys change the terms on a weekly basis and have trouble keeping up with their own hyperactivity. As Ebay handles the invoicing on virtually every transaction,, ciphering the correct sale amount should be easy to do.
130point.com works best for me because I don't need to be logged in to eBay to access the product research page, or have access to page source.
Young Numismatist • My Toned Coins
Life is roadblocks. Don't let nothing stop you, 'cause we ain't stopping. - DJ Khaled
They have the data but I suspect it is in a different field of the database for some reason.
A member of the eBay community says this is the reason. I agree with them, but find it unfortunate that this policy is also in place for the coin category. However, as many here are well aware, this isn't the only thing that eBay could improve.
Young Numismatist • My Toned Coins
Life is roadblocks. Don't let nothing stop you, 'cause we ain't stopping. - DJ Khaled
I don't think that's the reason, or at least not the whole reason. The reason would only apply to multiple lot listings. It also does tell you that a BO was accepted. And for widgets it's easy to find the correct price because when you rank them by price, it uses the BO price.
I don't know. It's an eBay "feature" that's existed forever and there doesn't seem to be any interest in changing it.