YaHoo Auctions/What Happened?

UncleWiggly

I just checked some coins on YaHoo Auctions. Some of you right here on this board have some outstanding coins there. There's a super nice collection of raw Morgans up and if I put the seller's name up just about everybody would recognize it. Why doesn't anybody promote there auctions on Yahoo? Why doesn't anybody even talk about YaHoo? Jerry

coinguy89

I didn't even know Yahoo had auctions.

earlwbollinger

For a long time, the Yahoo auctions were free.
But sellers would put up stuff at outrageous prices, hoping someone would take the bait.
Then the "unscrupulous" sellers moved in trying to rip everyone off.
Next the shill bidders were running rampant.
Yahoo didn't seem to have anything in place to protect users from all the fraud going on.
Ad Infintum...

I haven't been back there in years. Maybe it's better now. I don't know.

MICHAELDIXON

Very few people bid on Yahoo. For awhile I put some coins on there with ZERO bids! It was a waste of my time and I haven't been back for several years even to look. And... I agree with earlwbollinger.

JeffinMich

I occasionally buy something off Yahoo, but they have some feature that will automatically extend an auction when you try to snipe it....very annoying when it adds another 5 minutes to the ticker.

UncleWiggly

Thanks, I notice it is kind of weird over there or something.

Jerry

Geoman

I buy off of Yahoo! Auctions all the time. I know most people knock on Yahoo! Auctions, but then there is more for me. Obviously, there is a lot more material, and better coins on eBay. And you have to search through a lot of junk on Yahoo! Auctions. But sometimes good deals can be found. I bought some PCGS PR68 silver Rossie's for a whopping $6, which included the insurance. Can't beat that.

However, I won't want to sell on Yahoo! Auctions.

NumisMe

I have only bid on, and won 1 auction over there in over 2 years.
Poor selection, high prices, hard to find what I want.

robertpr

Yahoo auctions IMHO suffered from the problem of not having any bidders, because everyone was at eBay, and not enough sellers, because everyone was at eBay. Now, had they charged a fee to begin with for sellers (as was pointed out they started it free to try to get people hooked) then there wouldn't be so much garbage. Then people would be bidding as they could find good stuff, and people would be selling, etc. In short, their being free is what did them in.

Now, noone bids there because it's overrun by garbage, and noone sells there because there aren't any bidders. They'll never get sellers without bidders and they'll never get bidders without sellers.

My solution would be, if I ran it, to charge a fee to sell only if an item recieves no bids! All the sellers flooding the site with crap would run away if every junk auction (which is much like spam) were suddenly costing them a small fee. They'd be nickel-and-dimed away. That would get rid of a lot of the crap and attract some good stuff to be sold, luring some sellers away from feebay.

fcloud

I purchased my 1942/41-D Mercury dime on yahoo for a lower price than I have see the coin anywhere. The coin was raw. I sent it in for grading and it came back VF35. I did good on this coin and a few others I have won over there!

robertpr

But if one were patient enough to wade through the crap I'm sure there's money to be had buying on Yahoo and selling on feebay.

Shamika

I picked off a mint state, off center struck steel cent for $12. That's the only coin I've ever purchased through YaHoo.