Why are there no good coins on ebay lately?

gemini12398

Is it my imagination, or are there few good coins for purchase on ebay? Plenty of common date stuff but no interesting dates in 2 1/2 or 10 dollar libs, certified by better TPG. Anything special out there, that isn't 5K or more?

ms70

There's some good stuff but not a whole lot of it. You really have to do some sifting lately. It's not your imagination!

Rampage

I've got my sniper set on four auctions ending this week. Hopefully, I will win.

jdsinva

I do my weeding process by:

Are there pictures?
Are there good, detailed pictures?
Is the seller trying to gouge me on the back end with S&H and insurance?
Has the coin been played with or otherwise abused or questionable?
Is the coin over priced to begin with?
Does the seller respond to email questions?
Does the seller have questionable feedback recently?
Does the seller have enough feedback?

And probably a few more. . . By the time I get through all of that, there isn't much in my watch list.

gemini12398

I agree with your method, especially as I do the same.

I am tired of seeing the cleaned, whizzed offerings of "ernie", too. He has great dates, but you look at the pics, and say, "why did I bother, I knew it would be crap"

I want to see some 1903-s morgans in xf 45 that are the real deal...

ajc

I have had this same thought lately but I figured it was because I was down to only two coins to finish my $2.50 indian collection. There have been plenty of them raw coins but hardly anything worth even looking at that has been graded.

Russ

Hasn't been much in my area of interest lately either. And, when I do find something, I keep getting sniped by all the bloodhounds that are crawling around.

Russ, NCNE

Merc

Yep, ebay can be feast or famine. It seems to swing back and forth.

flaminio

<< <i>Is it my imagination, or are there few good coins for purchase on ebay? Plenty of common date stuff but no interesting dates in 2 1/2 or 10 dollar libs, certified by better TPG. >>

In other words, nothing interesting to *you*. I've picked up a couple nifty things in the past couple weeks, and am gearing up to fight braddick for another coin.

F117ASR

<< <i> Hasn't been much in my area of interest lately either. And, when I do find something, I keep getting sniped by all the bloodhounds that are crawling around. >>



Ditto.

Let us know what that looks like russ, as soon as you get it

Russ

<< <i>Let us know what that looks like russ, as soon as you get it >>



Already got it in. Let's just say that things don't always work out as well as we hope.

Russ, NCNE

F117ASR

Too bad. Sorry to hear that

D

I had my sights set on a 56 Proof set that sold for .50 more than I had my max bid for. Why did I have to party?

Btw: That was the only decent thing I had seen in some time. Lately it's just seemed to be spam on ebay.

-Daniel

Russ

<< <i>Too bad. Sorry to hear that. >>



It is the nature of things that one must sometimes take the bad with the good.

Russ, NCNE

DMWJR

Glad to know I wasn't alone.

Is the market growing and sucking the good coins out?

GAT

All the fraud and coin doctors on eBay have chased the good buyers away from the bay. Hence with buyers gone the good sellers are leaving in droves. It's almost impossible to obtain a fair price on eBay today. Also eBay's greed in increasing fees is a factor.

Hedger

I stick with buying from sellers on this board. The rest of the stuff on sleeze bay is junk.

gemini12398

So, if that is the case, are there any good websites for certified coins? (Speaking of ones other than Heritage, Legend, Premium, Alpine,David Lawrence,Harry Laibstain (sp?), Northern Nevada...

stev32k

There are still some good ones out there - you just have to look. Here are two raw coins I brought in December and just got them back from PCGS. The Morgan is an MS66.

gemini12398

what did the morgan grade ?

David

stev32k

MS66. I thought I might get a PL, but PCGS did not agree with me.

Bochiman

<< <i>

<< <i>Too bad. Sorry to hear that. >>



It is the nature of things that one must sometimes take the bad with the good.

Russ, NCNE >>



That's not the one you posted about being the bug on the windshield is it?
OW!

BigD5

I know for me, IN GENERAL, it's much easier to sell any "better" coins OFF ebay. The right dealers are still paying very strong money for certain better coins, and with the general (huge emphasis on general) results on Ebay being quasi wholesale-retail, when you factor in the fees, there are many coins that don't make sense to toss up on Ebay any longer.

As well as low mark up items (right now I have a TON of pcgs ms/64 Morgans that will NEVER see Ebay) because as soon as you hit $50 on a starting price, the listing fees jump up, and that fee eats too far into any potential profit, which on coins like that doesn't make any sense.

Unless I have a two week lull in coin shows, my Ebay offerings have been limited, in comparison to the amount of material I've been selling total. I recently had a conversation with a larger wholesale dealer who has been tossing around the idea of Ebay for quite some time, and finally did some research on the subject to break down the numbers (fees etc.) and he started laughing when the subject came up. After they looked at the fees, and the addition of really having to use Paypal, it wasn't worth it for him to start. I think you are going to see more of this sort of thing in the future as well.

The assortment of listings is going to change and move towads the lower and higher end of the spectrum with that popular $50-$500 range becoming more and more limited. The fees really work against you on those items, unless you absolutely ripped something somewhere.

keets

part of the lull on eBay is due to the time of year. the hobby seems to be conditioned to move slow in the first few months each year while collectors lick their wounds from the holiday season, await refunds from the IRS and watch the coin rags/online dealer reports/message boards/newsletters to see how the early year big shows go and where the market might be heading. i think it's partly some fallout from the continually rising prices and a lot of subconcious hype that things may tumble at any moment.

with all that said, there are still some big coins listed. just last night i noticed that there are two PCGS holdered 1971-S Jeffersons graded PR69DCAM. at less than 30 in the pop report, that's odd since they rarely ever show up. i think things will loosen up by early March as tension eases and the "Big Dump" continues.

al h.

MORGANHUNTER2

Hasn't been much in my area of interest lately either. And, when I do find something, I keep getting sniped by all the bloodhounds that are crawling around.


I'm not a bloody bloodhound- I'm a scottie---aroooooooo!

Colorfulcoins

Its there but ya REALLY got to dig deep......sometimes simple keyword searches aren't enough, you have to take a category - all 300 to 3000 items and go thru them 1 at a time.........

I will admit I also have been finding little - perhaps 5-10 items per week that are worth watching of which I may end up bidding on just 2 or 3......but I probably spend 30 minutes to an hour per day doing my searches....so ending up with 10 items per week and spending 4-8 hours per week shows just how little I'm finding! But everyonce in a while, its all worth it as one finds a true gem....

northcoin

Agreed. Where is that 1794 dollar with a BIN price of $5,000 that someone cleaning out Grampa's estate keeps forgetting to list?

Let's face it,at least as for quality coins, EBAy has turned into a sellers market, like it or not.

LincolnCentMan

Why are there no good coins on ebay lately?

Em... because they all grade VG and higher or AG and lower?

David