Do you think eBay makes more money from coins that don't sell?

Steve27

I don't know whether it's due to ignorance or just greed, but there seem to be a huge number of auctions which never get a bite because the opening bid is unrealistically high. I wonder if eBays "bread and butter" is the listing fees these auctions generate.

Petescorner

In Kingcoin's case, YES!

jtrusty2

If you consider just the base minimum listing fee of .30 that eBay charges and the number of auctions listed each day, eBay generates a cool $13,000,000.00 every week. I think its fair to say that regardless whether an item sells or not they are making a substantial amount of revenue on just the base insertion fees alone.

kranky

I heard that ebay recently raised their fee on auctions with reserves to 1% of the reserve price (up to a max fee of $100), even if the item doesn't sell.

Steve27

Sounds like we should be buying eBay stock instead of coins. Does anyone out there collect stock certificates?

asnooker

I collect the stocks of the companies I owned that went bankrupt......

Lakesammman

I bought ebay a while back - glad I did! Should have bought more.

Just listed a used car for $40 - it's amazing the fees generated from used cars - another $40 if/when it sells. It's a bargain compared to the local want ads. If ebay gets serious about real estate, watch out!!!

satootoko

<< <i>I collect the stocks of the companies I owned that went bankrupt( >>



What's the greysheet on KMart and Standard Brands Paint?

satootoko

<< <i>If ebay gets serious about real estate, watch out!!! >>



More than 50 separate sets of real estate sales licensing laws in the U.S. alone cramp their style, or they would indeed get serious.

Edited to correct a typo