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ANACONDA'S Coin sales on eBay - as compared to the sales of others

Here's a little info for you coin heads.....i just got my stats from eBay....i averaged about $115,000 for the first four months of 2003 in sales per month on eBay and i am in the bottom of the top 50 sellers.

The top sellers sell as much as $600,000 per month.

The thing that surprises me is that my sales have not really suffered although my eBay presence has diminished....as i have been listing most things under $25,000 in my eBay store.

One final thing that probably won't surprise you.....coins are one of the hottest areas on eBay.

adrian

Comments

  • braddickbraddick Posts: 24,221 ✭✭✭✭✭
    Excellent. I've got to imagine the top Sellers probably aren't dealing in State Quarters or NTC PR68CAM Roosevelts, otherwise that would be a lot of envelopes to address and mail to reach sales of $600,000.00 a month.

    peacockcoins

  • goose3goose3 Posts: 11,471 ✭✭✭
    That's alot of cash!!

    I've currently got a 525.00 piece on layaway!! LOL (watching my dough here lately........we are looking at upgrading to a bigger house)

    I sure enjoy looking at your stuff tho.
  • cosmicdebriscosmicdebris Posts: 12,332 ✭✭✭
    $115,000 would be my coin budget for the next 40 years or more. image
    Bill

    image

    09/07/2006
  • WWWWWW Posts: 2,609 ✭✭✭
    Nice work, Adrian. Especially since you didn't have to quit your day job to do it.
  • Dog97Dog97 Posts: 7,874 ✭✭✭
    Snake-
    How many coin dealers are on the top 50 list and what do the top sellers sell?
    One more thing; you have a descript on a coin "Did you know that some people think they can grade coins by looking at images? Yup, those people are out there." Were you thinking about mw when you wrote that?
    Change that we can believe in is that change which is 90% silver.
  • ANACONDAANACONDA Posts: 4,692
    Clarification - i'm in the bottom of the top 50 sellers in the coin category. I'm not sure how many coin dealers are actually in the top 50 sellers on eBay.

    Dog.....I think i was actually trying to castigate all persons who think they can grade by looking at an image. (It's cool to have suspicions and hunches and loosely held opinions formulated from images, but there is little that make my butt twitch more than some know it all who thinks he can grade by looking at images.)

    Who is WM? Is that the fellow (his name escapes me) who criticized me about some capped bust qtr i have in ngc ms 65?

    adrian
  • CLASSICSCLASSICS Posts: 1,164 ✭✭


    << <i>Here's a little info for you coin heads.....i just got my stats from eBay....i averaged about $115,000 for the first four months of 2003 in sales per month on eBay and i am in the bottom of the top 50 sellers.

    The top sellers sell as much as $600,000 per month.

    The thing that surprises me is that my sales have not really suffered although my eBay presence has diminished....as i have been listing most things under $25,000 in my eBay store.

    One final thing that probably won't surprise you.....coins are one of the hottest areas on eBay.

    adrian >>

    ...................yes adrian, but....you sell rare and beautiful coins.........the 600,000 people sell acg, ntc, pci, and god knows what else....i would rather be at the so called bottom? , and sell your coins, than be at the top and sell junk.......imageimage
  • Ok, forget about sales. Talk to me about margins!! image
  • Hi Adrian......glad to know i helped put you at near the "top" of late! image

    Seriously, that's great news ..........not bad for a 2nd job!

    Athough, with reading all your mostly lengthy descriptions and viewing the great photo's you put up......i suspect you're putting in quite a bit of time on that "2nd" job!

    Glad you're back from "Maeheco".......that picture of who i think is your daughter sure is cute? (from a recent listing)

    A Stephany in the making, perhaps, to help you in your future coin sales? image
    The Ex-"Crown Jewel" of my collection! 1915 PF68 (NGC) Barber Half "Eliasberg".

    Once again resides with Legend, the original purchaser "raw" at live Eliasberg auction. Laura and i "love" the same lady!

    image
  • That's pretty good for only selling 4 to 5 coins a month. Great coins that is.image

    Pennies make dollars, and dollars make slabs!

    ....inflation must be kicking in again this dollar says spend by Dec. 31 2004!

    Erik
  • Dave99BDave99B Posts: 8,608 ✭✭✭✭✭
    Adrian - Good job!

    Your coins are a sight for sore eyes --- compared to the mass trash on eBay.

    Dave
    Always looking for original, better date VF20-VF35 Barber quarters and halves, and a quality beer.
  • islemanguislemangu Posts: 1,391 ✭✭✭
    Thanks for sharing that information. In my book you are #1 on ebay and not the rank 50s. I have had more fun just window shopping on your ebay sales. Thank you for selling me some of my best pieces.

    The setting up of other roads
    To travel on in old accustomed ways
    I still remember the talks by the water
    The proud sons and daughter
    That knew the knowledge of the land
    Spoke to me in sweet accustomed ways
  • ANACONDAANACONDA Posts: 4,692
    That little silly head at the end of the listing of the Booby Head is indeed not for sale. She is my most recent acquisition in the human
    department. Proof 70. (Not made for circulation!)

    She is a little stinker. The other day I was giving her the third degree (finger wagging included) and she looked me straight in the eye
    and started simply moving both of her eyebrows up and down while I was reprimanding her. Do you know how hard it is to keep a
    straight face when someone is doing that to you? My wife and I just busted out laughing.

    Kids are the best. They keep you young. They grow your heart big too -- you'll never know how much you can love someone until you have
    a child.

    adrian

    P.S. To all my buddies who helped me get into the top 50 coin dealers on eBay.....a warm and hearty thanks to each of you! Without you, my fun
    would only be half of what it is. And for me, the fun is what it is primarily about.
  • stmanstman Posts: 11,352 ✭✭✭✭✭
    I helped just a small little bit. Guess I didn't deserve a calendar huh?
    Please... Save The Stories, Just Answer My Questions, And Tell Me How Much!!!!!
  • jbstevenjbsteven Posts: 6,178
    Adrian:

    I can relate to the eybrow thing as my daughter is little over 2 years old and she does things on a daily basis that make me and my wife laugh about. Kids are cool
  • BarryBarry Posts: 10,100 ✭✭✭


    << <i>She is a little stinker. The other day I was giving her the third degree (finger wagging included) and she looked me straight in the eye and started simply moving both of her eyebrows up and down while I was reprimanding her. Do you know how hard it is to keep a straight face when someone is doing that to you? My wife and I just busted out laughing. >>


    Wait till she's a little older!
    Barry (father of 11 and 13 year old girls)
  • I didn't realize so many coins are traded each month on eBay.

    Let me see, 50 sellers with $115K being the lowest monthly total sales and $600K being the top.... Let's conservatively call that at least $150K per month per top 50 seller on average. So that is $7 and a half million in coins traded monthly on eBay, probably much more if you consider all the small fry (like me).

    Does that make eBay the largest retail venue for coins in the world?
  • RYKRYK Posts: 35,798 ✭✭✭✭✭
    Adrian,

    Congrats on your selling success. I wish I could buy or had bought some of those gorgeous coins.

    More importantly, you are so right about kids. I never imagined how fulfilling (and challenging) the experience can be. You have a lot of heart...for a plaintiff's lawyer! imageimage

    Regards,

    Robert (MD)

    P.S. Please do not feel obligated to share those outsized profits with the trial lawyers lobbying groups!
  • ANACONDAANACONDA Posts: 4,692
    stman: It is with deep sorrow that I confess my oversight in not sending you a calendar. While the fact that your first purchase from me occurred after i sent out my calenders may assauge some, i, however have just now removed the last joint of my right hand's pinkie finger as a token sign of my remorse.

    Furthermore, I have removed, with no damage to the calander, the most pristine exemplar of my 2003 calander, the one carefully selected by yours truly for proper color and printing registration, which was placed in the cornerstone of my home, buried in 18 inches of concrete.

    I then, utilizing my current favorite fountain pen, a Rotring Core, a photo of which appears below, properly addressed the envelope with your address on it.

    I hope that these measures have at least begun to rectify the harm to our friendship that I have caused.

    adrian

    image
  • ANACONDAANACONDA Posts: 4,692
    "Does that make eBay the largest retail venue for coins in the world? "

    Most assuredly. It wouldn't surprise me if more they sell more to collectors than the US mint.

    adrian

  • ANACONDAANACONDA Posts: 4,692
    Robert wrote:
    "You have a lot of heart...for a plaintiff's lawyer!
    Regards,
    Robert (MD)
    P.S. Please do not feel obligated to share those outsized profits with the trial lawyers lobbying groups!"

    Hey Robert!

    Thanks for the compliment. I hope I don't disappoint you. Knowing that I've taken claims against lawyers who have screwed up their client's cases may even make you want to be friends with me. (And knowing that I never sue my friends may also endear me to you!)

    What do you collect? You can PM me if you prefer.

    adrian
  • oldshepoldshep Posts: 3,240
    $115,000 a month for the first 4 months - jeeze, that means you probably won't have to have any Tupperware parties.
    Shep
    image
  • RYKRYK Posts: 35,798 ✭✭✭✭✭
    I collect primarily CC and O mint 19th century gold coins. I buy almost all of my coins from Doug Winter.

    One of my best friends here in St. Louis is a plaintiff's attorney, and 90% of his work is med mal. My comments were truly tongue-in-cheek. By all accounts here and on ebay, you seem like a great guy--someone I would be more likely to be a friend of than an enemy!

    Congrats again, Robert.
  • coinlieutenantcoinlieutenant Posts: 9,317 ✭✭✭✭✭
    Adrian,

    Congrats. That is alot of volume!! Your daughter is a cute one. Liza and I are thinking about starting a family. Lots of variables though, the Navy, starting a business etc. I guess you cant plan for that perfect time when it comes to kids.

    By the way, you should have that butt twitching thing checked out, I dont think it is normal nor healthy...

    Be good,
    John
  • stmanstman Posts: 11,352 ✭✭✭✭✭
    "Furthermore, I have removed, with no damage to the calander, the most pristine exemplar of my 2003 calander, the one carefully selected by yours truly for proper color and printing registration, which was placed in the cornerstone of my home, buried in 18 inches of concrete.

    I then, utilizing my current favorite fountain pen, a Rotring Core, a photo of which appears below, properly addressed the envelope with your address on it.

    I hope that these measures have at least begun to rectify the harm to our friendship that I have caused."

    adrian


    Gosh Adrian, (stman almost feeling special) you really took the time to write all that just for me, and even remembered I bought more than one coin from you?

    Dug it out of concrete, I almost feel like one of your family now. The great measures you have taken in an attempt to rectify a friendship where there was never a problem to begin with. The heck with what they all say about you...... What time is dinner?

    BTW, Please be sure to set a spot for the Beagle Boy in my sig line, as he's part of your new family as well.

    And thanks for the calendar!!
    Please... Save The Stories, Just Answer My Questions, And Tell Me How Much!!!!!
  • meos1meos1 Posts: 1,135
    Hi Adrian;

    While I do not expect you to answer this question in quantifiable terms I was interested in what the profit margin (PM) is. Would it be fair to say that the profit margin is what we might consider to be a "nominal profit". I typify that as between the 8 to 12 percent range. Again, I don't want to know your number, I am trying to figure out if my 1.5 percent PM is right or too low for the market.

    Dan

    You do have a quality line! And a great rep! Keep it up!
    I am just throwing cheese to the rats chewing on the chains of my sanity!

    First Place Winner of the 2005 Rampage design contest!
  • ANACONDAANACONDA Posts: 4,692
    I have never sat down to figure out my average profit margin. Part of the problem is that i sell possibly more coins off eBay then on eBay, and i don't keep track of that figure. 10% might be accurate, I simply don't know. The most money I've ever made on a coin, percentage wise was I bought a common date minst state morgan, raw, PCGS holdered it as a 66 and i flew to Long beach to sell it........14 years ago. $75 netted me $1,100 or so.

    I think that many people assume that I charge large margins, and on some coins, i do but most coins simply don't have much more room in them past 10%, or so.

    Also, i pay a little more for my coins than the average coin dealer because

    1) I try to buy only coins that turn me on which are usually are not fungible. I don't buy coins, generally, because they might make me money.
    I buy them because I like them. I don't want to get buried in a coin but i don't mind owning a coin for a very, very long time if it is the
    right coin. I make most of my money owning a law firm and can afford to inventory coins as opposed to just regularly flipping average
    coins....

    2) I don't go to many coin shows outside of Texas. It's risky, time consuming and a great deal of work not to mention the cost. And it
    takes me away from my family. I'd rather have my friends (agents) go to shows and bring stuff home where I can study them and make
    informed deliberate decsions. (I also have friends that offer me coins through the mail and a fairly good sized auction company is located
    in my publecito.) So, instead of spending money travelling and making buying mistakes, I spend more for the very best coins, or at least
    what i consider to be above-average coins....like this one, which was brought to me today by one of my friends:

    image

    image



    adrian
  • dorkkarldorkkarl Posts: 12,691 ✭✭✭
    q'n retracted

    K S

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