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Do you open no reserve auctions at .99 or 9.99?

relayerrelayer Posts: 10,570 ✭
in U.S. Coin Forum

With eBay's new fee structure, they now charge an extra nickel for a $9.99 start price.

If it opens at under $1 it's 30 cents, under $10 it's 35 cents. Do you take advantage of that nickle savings?
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    lordmarcovanlordmarcovan Posts: 43,400 ✭✭✭✭✭
    One cent, usually.

    Explore collections of lordmarcovan on CollecOnline, management, safe-keeping, sharing and valuation solution for art piece and collectibles.
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    relayerrelayer Posts: 10,570 ✭
    Hey LordM - you're a winner!
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    MICHAELDIXONMICHAELDIXON Posts: 6,438 ✭✭✭✭✭
    I open them at 9.95. The nickel isn't going to kill me.
    Fall National Battlefield Coin Show is September 5-7, 2024 at the Eisenhower Hotel in Gettysburg, PA. Thanksgiving Battlefield Coin Show is November 29-30, 2024. WWW.AmericasCoinShows.com
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    CladiatorCladiator Posts: 17,927 ✭✭✭✭✭
    open at 99 cents. the line for a hike in listing fees is between 99 cents and 1 dollar. Same fees for 1 cent or 99 cents, so you may as well start it at 99 so you'll have 50 cent bid incriments instead of 1 cent incriments.
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    StoogeStooge Posts: 4,660 ✭✭✭✭✭
    I don't sell that often, but I usually start at $4.99

    Don't really know why.

    Later,
    Paul B. Gunsallus

    Later, Paul.
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    route66route66 Posts: 474 ✭
    I sell mostly books and most sell as buy it now. which is about $2.00 higher. so, I start at $9.95 so no one can get a book for a couple of bucks. It's worth the nickle Steve
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    NeptuneNeptune Posts: 2,221
    9.99
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    itsnotjustmeitsnotjustme Posts: 8,777 ✭✭✭
    $.01 Most of the time.
    Give Blood (Red Bags) & Platelets (Yellow Bags)!
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    CarlWohlforthCarlWohlforth Posts: 11,074 ✭
    I try to start as many auctions as I can at 1 cent.
    Carl's Coins website w/ links to Carl's auctions
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    islemanguislemangu Posts: 1,377 ✭✭✭
    Neither..I like to start them at the face value of the coin and not sure whyimage
    YCCTidewater.com
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    flaminioflaminio Posts: 5,664 ✭✭✭


    << <i>Neither..I like to start them at the face value of the coin and not sure whyimage >>



    Me too -- I feel it adds certain "style points".

    As far as 99c vs. $9.99 -- if it's a $100+ coin, it won't really effect the final price what the starting price is, so might as well start at 99c and save the nickel. Furthermore, it is probably the case that the 99c start will yield a higher final value -- it is a truism that bids beget more bids, and starting at 99c will get the ball rolling faster.
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    solidsolid Posts: 2,975
    .01 and let it rip!

    Ken
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    Dog97Dog97 Posts: 7,875 ✭✭✭
    When I sell I do the 1¢ start. It makes the bidders feel they are bidding in a real auction & they like that.
    They make lowball bids to "watch it" and always return to bid again & again during the week when somebody outbids them. They develope an attachment to it & feel like it is already "theirs" and get protective of it & that results in higher prices realized. Sometimes. image
    Change that we can believe in is that change which is 90% silver.
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    quattrocoinsquattrocoins Posts: 1,881
    Allways start mine @ face value.
    FULL Heads RULE!
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    mercurynutmercurynut Posts: 3,207
    I start most of mine at 9.99

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