I hate 10 day auctions!

Tonelover

Browsing through ebay just now and much to my delight I see the exact coin I need to fill the very last hole in my Franklin set. Been looking for over a year now for the right one although it's a date that's frequently encountered. Looks clean, original and exactly what I've been looking for. Even in an NGC holder so I'll be able to get it for less than if it was PCGS. The best of all possible worlds. I've been waiting so long I have been considering compromising on a lower graded piece.

Pull up the auction and my delight turned to dismay as I see "9 days remaining". Nine days! I can't wait that long! I do dislike 10 day auctions, they are pure torture and are a great disservice. I strongly advise all sellers to avoid this option and use Buy It Now instead.

No I won't post a link, I want this one all for myself.

Let's see, 9 days, 11 hours 43 seconds.....

goose3

those listings turn me off too. I don't want to see it in my "watching" section or my "bidding" section for more than 6 or 7. I generally don't bother with them at all. I think ebay has them solely to soak an extra nickel out of people on listing fees. (or is it a dime?)

ARCO

I hear you. As a seller I like to put up 5 day auction to appease my coin hungry buyers! I hate it when sellers don't have a buy it now for that perfect coin. Especially at a price below what it is worth!!

In some series, you just know it is going to be a slugfest to get the coin you want! Who needs that?

Tyler

Tonelover

ALthough I typically use 7 day for the exposure, running 5 day auctions works quite well. Cuts out a lot of the dead time and the results don't seem to suffer.

I hate it when sellers don't have a buy it now for that perfect coin. Especially at a price below what it is worth!!

Yeah, what's up with that!

Clankeye

Okay, don't tell us. But you better promise to when the auction is over. In nine.... long.... excruciating.... boring.... did I bid on something?..... days........ zzzzzzzzzzzzzzzzzzz.

mnmcoin

I am sorry to say I like using 10 day auctions as a seller. I usually start them Thursday, Friday or Saturday...that way I get two weekend exposures. But I understand, I have having to wait, but I just put it up under my watching list and wait. You may also consider if there are no bids or even if there are, asking the seller to end it early if you meet his desired price for the coin.

morris <><

matteproof

I agree on the 10 day auction. The only problem with "BIN" is that the Seller runs the risk of a Zero/minus Zero deadbeat hitting his BIN. Once that happens - the Seller is married to the deadbeat. NOT GOOD.

matteproof

Iampoorman2

You've been waiting over a year though, nine days can't be too bad. Now you have time to decide how high you are willing to go on the coin. I hope you get it.

izzy452

I like the 10 day auction if Im selling..... if Im buying I hate it.

Walt

Spooly

I hate 10 day auctions for cheap coins! Really...... a 10 day auction for a $100.00 (or less) coin? Need a $500 limit on 10 day auctions!

hughesm1

If it's something I REALLY want, I don't mind the wait. Sometimes the wait from sending payment to receiving the coin is less, but seems longer.

nwcs

I think 10 day ones aren't a big deal. It gives those sellers who cannot afford to buy ebay's special auction listing services more time to get regular exposure.

Coinstartled

@Tonelover said:
Browsing through ebay just now and much to my delight I see the exact coin I need to fill the very last hole in my Franklin set. Been looking for over a year now for the right one although it's a date that's frequently encountered. Looks clean, original and exactly what I've been looking for. Even in an NGC holder so I'll be able to get it for less than if it was PCGS. The best of all possible worlds. I've been waiting so long I have been considering compromising on a lower graded piece.

Pull up the auction and my delight turned to dismay as I see "9 days remaining". Nine days! I can't wait that long! I do dislike 10 day auctions, they are pure torture and are a great disservice. I strongly advise all sellers to avoid this option and use Buy It Now instead.

No I won't post a link, I want this one all for myself.

Let's see, 9 days, 11 hours 43 seconds.....

Should have ended by now. Did you get the coin?

Connecticoin

Patience, grasshopper.

ricko

A sixteen year old thread about a ten day auction... And the OP has not been online for six years.... Talk about resurrection......Cheers, RickO

jwitten

I only use 10 day auctions as a seller. The longer the exposure, the better. I would hate to lose out on some money because a potential customer searched for a coin the day after a seven day auction ended.

ms70

I haven't sold in quite some time but I remember even eBay, a number of years ago, mentioned that buyers might not like waiting that long and it was something to consider when selling.

jt88

Me too I hate it both as buyer and seller

Smudge

If this thread was a little older @RogerB would be digging it out of some archive.

Kkathyl

I believe 10 day Auction is the default setting and included in your subscription. Setting a buy it now feature sometimes is a difficult task. If you set it too high, it is a turn off, too low and you leave money on the table. I am with you on the waiting. I end up usually going after a few similar auctions, only to win the least favorite of the bunch.
@Ms70 I have not listed in a while either. I feel the fever coming soon.

FredWeinberg

"Third World Problems"

SoFlo

A ten day auction is ridiculous, I don't even buy green bananas because I might be dead before they're ripe.

BillJones

I you in “regular auctions,” ten days would be a really short wait. Usually it’s two or three weeks.

ms70

@FredWeinberg said:
"Third World Problems"

I think you meant "First World Problems".

bolivarshagnasty

OP last active in 2012? Thanks for the dredge CS.

philographer

There should be “resurrect old threads day” only 4 times per year, on designated days. It really throws me. We are interacting with people who are not even here anymore!

Wabbit2313

Simply wasting our time with these old threads.

DDO

It buys you more time to earn what you are planning to spend. Good luck!

astrorat

10 days?

That's NOTHING.

I've been waiting 16 years to find out if he won the auction!

DDO

16 yrs old thread

Coinstartled

Goodness gracious, pitchfork bearers, the subject is still relevant.

On better coins I preferred the 10 day auctions. Start them on a Friday and with the Monday end, one had two weekends of exposure. 7 days were fine for the more common stuff and 3-5 on bullion.

Coinstartled

@DDO said:

16 yrs old thread

Three day old forum member. Are you back, Mr. Olay?

ARCO

This thread is from 2002. You know it is dated because there are no more auctions on Ebay, just inflated retail prices. I actually commented on it back in 2002. My comments are still just as interesting and humorous reading them 16 years old.

jom

Tonelover was a pretty good guy. He was in the business for awhile back east but has since moved on. He had some really nice SLQs and Roosevelt dimes in his set. Not sure if he still has them....whatever the case. It's fun to see an old thread...

jom

DDO