Positive Update: Am I getting hosed on shipping , on this Ebay coin?
markglicker
Posts: 1,486 ✭
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UPDATE: The coin arrived yesterday, by Priority, registered mail. All is well. ---- It looked to me like $12.99 would cover insured shipping, on this coin. I paid that amount, as listed on the Ebay checkout. The guy just emails me, and tells me that insurance is an additional $8.99. What would you guys do?
UPDATE: The coin arrived yesterday, by Priority, registered mail. All is well. ---- It looked to me like $12.99 would cover insured shipping, on this coin. I paid that amount, as listed on the Ebay checkout. The guy just emails me, and tells me that insurance is an additional $8.99. What would you guys do?
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Comments
<< <i>He has conflicting terms; one says insurance not offered and the other says insurance based on final bid. Do you know what it costs to ship a $600 coin? Andy >>
$7.20 for insurance and 3.85 priority mail.
Jerry
<< <i>He has conflicting terms; one says insurance not offered and the other says insurance based on final bid. Do you know what it costs to ship a $600 coin? Andy >>
I've seen the insurance not offered on other seller's items and have asked why they don't offer insurance. I was told by both of them it had something to do with the way eBay has things set up now. I paid and received insurance from both. Any seller's know what I'm talking about with eBay?
Jerry
That's a ridiculous shipping price. I'd tell him that 12.99 pays for the Priority Mail AND the insurance otherwise he can ship it at HIS risk. If he doesn't like that then he can keep it.
Great transactions with oih82w8, JasonGaming, Moose1913.
The book value is $775. You got it for 600.... I don't think the guy is HOSING you, I think you got an excellent deal even if your shipping costs you fifty bucks.
If you don't believe me, buy it and PM me. I'll even give ya a finder's fee and take it
Joe
P.S. This seller left an incredible profit margin for YOU , especially in the Christmas season. I think you did good and would happily pay him another ten bucks. I surely do not believe for one second that he is trying to rip you off, he is probably trying to MINIMIZE his loss. He holds his auctions like I do. I spend $18 to get a coin graded and it sells for 3 bucks , um.... I would hope the buyer doesn't get upset that I asked for $5 Shipping , even if it only costs me $1.20 to send. Consider what you are getting for your money.
<< <i>He has conflicting terms; one says insurance not offered and the other says insurance based on final bid. Do you know what it costs to ship a $600 coin?
$7.20 for insurance and 3.85 priority mail. >>
<<But $21.98 shipping for a coin costing $599.99 does sound too much>>
Sounds like he's adding the extra money to cover his handling ie packaging, travel, time.
I'd discuss this with him as it appears the costs mentioned in his ad cover the cost of shipping AND insurance. Packaging should be less than a buck and mileage is a tax write off.
It would be a shame to have to be the first to neg him if he proves to be unreasonable.
If I only had a dollar for every VAM I have...err...nevermind...I do!!
My "Fun With 21D" Die State Collection - QX5 Pics Attached
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............just a note to what I've already written.
I am not saying the guy is bad or good or anything of that nature... just trying to figure out why he gave away that coin... I guess he figured you would have stiff competition , and you should have had.
one bid ! pretty good find, Mark.
But the seller took a risk in selling it in auction and sometimes that can be a bite or a boon to the seller. He had options of placing a reserve on the coin and selling it at a Buy it Now price. So again I agree with Katrina that he probably is trying to recover some of his "loss" or expected revenue on this coin. But this was a risk HE took and I believe you shouldn't be the one to pay for this loss.
Regardless of the outcome of discussing the shipping/handling charges, I'd would still buy the coin. And with my previous post about neg'ing him, I would probaly not go any worse than giving him a neutral on the transaction unless something else hinders the transaction.
If I only had a dollar for every VAM I have...err...nevermind...I do!!
My "Fun With 21D" Die State Collection - QX5 Pics Attached
-----
Proud Owner of
2 –DAMMIT BOY!!! ® Awards
This however, is not my preferred exchange method of bodily fluids!
If I only had a dollar for every VAM I have...err...nevermind...I do!!
My "Fun With 21D" Die State Collection - QX5 Pics Attached
-----
Proud Owner of
2 –DAMMIT BOY!!! ® Awards
It depends - How much do you plan on selling it for?
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since 8/1/6
Also, that was 2sides2acoin....not Katrina (Bowtiecoins2)
All in all, I think it was excessive and not well done as an auction but that as a buyer, when I see 2 conflicting pieces such as that auction had (Insurance not required in ebay's template and Insurance required typed in), I make sure to ask the seller a question about it.
Mark, as an ebay seller that I know you are, I am surprised you didn't ask rather than assume.....
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
I place a number of bids, and generally do not look closely at the shipping fees. In almost all cases, they are within a few dollars of the shippers actual cost. Perhaps, I am splitting hairs, but the seller is asking for twice the actual shipping cost. I am not trying to get out of the transaction, but I figure that for my money, I am at least able to gripe a bit (I have taken the option of passing on the insurance). As far as the anticipated windfall when I sell this coin, at best they are selling for about $700, if featured, on Ebay. If I paid the $620 for the coin, and added $20 for an Ebay feature, along with $35 in Ebay and Paypal fees, I would have a $25 profit. Not a great return, for the effort involved.
he has gas to buy, lunch to buy, shipping supplies (probably recycled), wear and tear on his computer to email you, wear and tear on his car to go to the post office and back, etc.....
he, as are all sellers on ebay, are entitled to put the screws to bidders on ebay for shipping so long as you get the coin in your hot little hands.
I've never heard of Priority Registered.
This fact would be better known if it had not broken off Moses' stone tablet before he got to the bottom of the hill.
<< <i>Sellers are ALWAYS wrong.
This fact would be better known if it had not broken off Moses' stone tablet before he got to the bottom of the hill.
Buyers are liars.
Still, good deal or not, the rules shouldn't change during the game. At most, given the grace to admit miscommunication, insurance should be added at actual cost.
Edited to add grin - I was just kidding. It's an old saying from my sales career
Check out my current listings: https://ebay.com/sch/khunt/m.html?_ipg=200&_sop=12&_rdc=1
Hell, I don't need to exercise.....I get enough just pushing my luck.
I am Looking to Buy California Tokens too.
I think you have a really "pickle" sort of issue here.
The coin you purchased is worth probably 33% more than the price you paid.
The Shipping plus Insurance the seller is asking is steep but even so 22 dollars added to the ebay cost is still an acceptable price to pay for an 1885-CC MS64PL in a PCGS holder.
I think the seller should lower his USPS costs for all his sales. When I sell we charge 4.13 for 1st Class and 6.00 for Priority. We include the cost of a bubble envelope and signature confirmation. $3.85 is the pure Priority mail cost.
As I both buy and sell coins through EBay, I disagree with statements like:
- the seller is always wrong or
- the buyer is always wrong.
It takes 2 parties to make a deal. If the terms being asked for are unacceptable look for another solution. Morgan Dollars are so plentiful that the concept of "uniqueness" is applicable once in a month of Sundays or even less frequently. An example would be an MS65 PCGS 1893-S or a similar 1889-CC if there was one around and I could afford it from a discretional income standpoint.
Edited to change "consept" to "concept"
Collecting since the 1980's
Morgan Dollars Circ. Strikes
- Basic Set - Varieties - Prooflike Basic Set - Date Set
- Carson City - Early S Mint Short Set - Mintmark Type Set
Morgan Dollars Proof
- Basic Set - Varieties
Peace Circ.
pay by credit card and refuse the insurance,he is legally obligated to deliver the item and prove it was delivered !
even registered mail,insured,its about 16 bucks for a 600 dollar coin.
Proof
I would be tempted to have them ship without insurance as well, but that alway makes me nervous that I will get hosed again (the seller saying "I sent it, you did not buy insurance, so you are SOL!!") With some of these sellers, you buy insurance to INSURE they send the coin to you!!
The ones that really tick me off are where they do not specify shipping cost at all. I always assumed if you do not ask, you will get screwed, so I ask. If you ask, they usually respond with a reasonable amount, imagine that!
At least you got a good deal on the coin.
insurance or not,i can almost guaranty if the coin does not arrive,the buyer gets his money back.
The seller better make damn sure his documentation is spot on !
Proof
If you do not want it because the seller does not know how to calculate shipping AND insurance, I know several members that would be happy to cash you out on this deal
People ae just people and not everyone knows all
There is no such thing as "registered priority"- insured priority-yes.
Mark- are you wanting the coin to turn n burn for a profit? What is your mark up- 30-40% over what you paid, including the stupid insurance fees? Let me know- I may save you the time and trouble of the listing on ebay, waiting the 7+ days for it to sell and then the added days of getting the $$ from a maybe bidder.
Let's talk.
Yes, there is. You can send something Prio Mail and have it Registered. I've done this when it a bulky or heavy item (such as a filled Dansco album) sent in a flat rate Prio mailer. It was actually cheaper this way than sending First Class, Registered, because of the weight. It goes at the slow speed of all Registered Mail, but it's still considered Prio Mail.
Barry- Priority mail is 2-3 business days. In your comment above you state it goes at the slow speed of registered but still considered Priority- this can't be.
Registered first class is usually 4-5 days from point to destination. priority is 3-4 days tops.
I have sent many items both ways- and priority is faster- registered is a guarantee as to its shipping that separates it from all regular mail.
how do I know- my Uncle was the Post Master in Alton,Ill for 35 years.
<< <i>There is no such thing as "registered priority"- insured priority-yes. >>
Sure there is. Registered mail over the first class weight limit goes priority and the appropriate fee is paid. Registered is $7.50 over whatever postage prevails; IT IS NOT a flat rate. ANYTHING too heavy for first class goes parcel postal
<< <i>Barry- Priority mail is 2-3 business days. In your comment above you state it goes at the slow speed of registered but still considered Priority- this can't be. >>
Doesn't mean that they don't send priority registered in separate shipments from that of regular registered mail.
Lafayette Grading Set
It IS a flat rate if you use a Flat Rate Prio Mail envelope or box (plus the additional Registered fee, of course).
That's good to know! I wonder, however, if such a combined service is at the discretion and mercy of the postal worker du jour.
It IS a flat rate if you use a Flat Rate Prio Mail envelope or box (plus the additional Registered fee, of course).">>
xxxx
I know about the flat rate priority fee. I meant to say that registered mail is not a flat rate fee; it is $7.50 plus whatever postage applies in the situation. I may be wrong on this one but I doubt they would accept a flat rate priority envelope as is for registered mail.
Agreed.
I have the opinion that many that posted to this thread did not actually READ the auction. How many threads have been posted to this board that it is the responsibilty of the buyer to actually READ the auction and ask any questions BEFORE he/she bids?
In fact, IMO the buyer in this case does not have the option to say no insurance because per the seller's terms, it is required.
Read the auction and then Re-Read the auction if necessary and make sure you understand the terms and what you are bidding on and if in doubt, ask the questions before you bid or simply pass the auction.
Remember, you don't have to like the seller's terms or even think they are "fair", but if you bid on the auction, you are subject to them.
It is as simple as that.
Joe.
You are wrong, Bajjer. The key words are $7.50 plus whatever postage applies in the situation. I've shipped several completed albums Prio Flat rate for $3.85 + the Registered fee.
The way you can tell if a particular service is valid is go to usps.com and put in some made up numbers and see if the option you want is listed. For example, if you select Prio Mail, Registered comes up on the Add Extra Services Page. If you select Parcel Post, it doesn't.
The time to complain about anything is before the auction closes.
And priority registered DOES NOT get there any faster than first class registered does.
<< <i>The coin arrived yesterday, and all is well. I passed on the insurance, and the coin arrived, quite quickly, by Registered, Priority mail. In retrospect, I don't believe that the seller intended to gouge, he spent the $12.99 on postage. He probably believed that the insurance rate for a registered package, was the same as first class, or regular priority (it is not, registered insurance is much less). >>
Yep. I just messed with the USPS online calculator. It looks like insuring a registered package for $600 is only an additional $2.20, compared with $7.20 for insuring regular priority for that amount.