Well decided to Auction off one of my coins that did not grade as well as I expected. Unfortunatly my scanner does not do a very good job for pics. But, it is way better than my digital camera. Wish me luck
If that scan is better than what you can do with your digital camera, I suggest you take the proceeds from this sale and buy a better camera. You can get pictures WAY better than that image using a camera that costs $100 or so...
If you list even semi-regularly on eBay, investing a couple hundred bucks in a decent imaging setup and learning a few basics will pay for itself VERY quickly in terms of eliciting higher bids.
NorcalJim, I kinda figured tizzy was whizzay you were weed-smokin' wants ta lose money in anyth'n they do. I doubt you would have had many bids at thizzat ridin' price, now maybe you have a chance ta at least recoup some of tha fees associated wit ridin' this one graded.
<< <i>NorcalJim, I kinda figured that was what you were doing.........nobody wants to lose money in anything they do. I doubt you would have had many bids at that opening price, now maybe you have a chance to at least recoup some of the fees associated with getting this one graded. >>
Thanks Rob. Perhaps I can get the $ back for the grading. However, I would still be out the $ I paid for the coin.
What amazes me and I am surprised no one else brought it up is- how few coins ever get graded MS61? Heck even MS60 is rare, seems like if it isn't AU58 its at least MS62/63.
Welcome to both the forum and Ebay. If you can get past the sarcasm and jabs, you will learn alot here. A better camera/picture system will be your first priority to sell on ebay, and Auctiva or self hosting your own pictures will allow you to use more of them, and for free. Your shipping is going to hurt you, $6 for 1st class on a lower priced coin will save you fees and commisions, but will tick the buyers off......
I also have found that .99 no reserve auctions ( it takes nutz ) will sometimes generate a bidding war and actually raise a final price. Funny, I have had coins sit in inventory for a month with a $10 Buy it now, only to send to auction at .99, and sell it for $25.....go figure
<< <i>Welcome to both the forum and Ebay. If you can get past the sarcasm and jabs, you will learn alot here. A better camera/picture system will be your first priority to sell on ebay, and Auctiva or self hosting your own pictures will allow you to use more of them, and for free. Your shipping is going to hurt you, $6 for 1st class on a lower priced coin will save you fees and commisions, but will tick the buyers off......
I also have found that .99 no reserve auctions ( it takes nutz ) will sometimes generate a bidding war and actually raise a final price. Funny, I have had coins sit in inventory for a month with a $10 Buy it now, only to send to auction at .99, and sell it for $25.....go figure
For future information, it bothers some people (me included) when sellers post coin images that are UPSIDE DOWN! It's a minor thing to correct the orientation of your scans/photos so that the darn coin image is at least oriented right side up. When people grade or evaluate coins, they instinctively look at them right side up. I've never seen anybody who naturally holds a coin upside down in order to evaluate it. Yet when you post an image in that orientation, that is what prospective bidders are required to do.
I see you got a bid now at 9.99 so you can't change anything. But yes I agree with everyone else. Next time, start your auction at .99, (pay only .15 for that), and put the reverse so people can see the coin right-side-up. And yes, better pictures. Lucky with this one because usually a PCGS label sells itself, they can at least see the color, but no details.
If you're selling a coin under $50, $4.50 or $5 shipping is plenty, and include insurance with that. You'll attract more buyers with lower shipping, and $5 more than covers it for you.
I don't consider this thread spam, I think it's good to hear from people who've been doing it a long time. Take the help and use it - there's a lot of experience in here trying to help you. This was a good teaching thread for those who haven't sold before.
Have bought and sold on BST, many references available when asked.
Thanks Rob. Perhaps I can get the $ back for the grading. However, I would still be out the $ I paid for the coin.
I understand wanting to recoup the cost the coin and grading, that's the unfortunate part of having coins graded. On a common date coin like the 1936 Buffalo, it may need to grade at 66 or better to recover the cost of grading, assuming you've bought the coin well below current market value. You need to be able to determine if a coin will grade high enough to be worth sending in to grade.
I'm still learning the nuances of grading, so when I send a coin out for grading, I'm not thinking about recouping my grading costs. Instead, I see it as part of the cost of my coin education. When I factor in the intangible value the education, the loss on the coin doesn't sting too badly.
Take your lump on the coin and heed the advice of some of the posters as to how you can improve your future eBay lsitings.
Comments
If that scan is better than what you can do with your digital camera, I suggest you take the proceeds from this sale and buy a better camera. You can get pictures WAY better than that image using a camera that costs $100 or so...
$39.99 + $6.00 shipping = $45.99 for a 1936 Buffalo in PCGS MS-61.
PCGS price guide is $18 for MS-60, $40 for MS-63, and $45 for MS-64.
Again, Good Luck!
Lincoln set Colorless Set
Sorry!!! Remember, Hillary will fix it all next year!!
<< <i>Good Luck, I think you're going to need it.
$39.99 + $6.00 shipping = $45.99 for a 1936 Buffalo in PCGS MS-61.
PCGS price guide is $18 for MS-60, $40 for MS-63, and $45 for MS-64.
Again, Good Luck! >>
Changed the starting bid to $9.99 less than 1/2 PCGS charged me
I was just trying to get my money back out of the deal.
Lincoln set Colorless Set
<< <i>Changed the starting bid to $9.99 less than 1/2 PCGS charged me >>
Starting bid: US $39.99
Looks like you forgot to click a button to finalize the revision.
Russ, NCNE
<< <i> Changed the starting bid to $9.99 less than 1/2 PCGS charged me I was just trying to get my money back out of the deal. >>
It's still $39.99.
<< <i>NorcalJim, I kinda figured that was what you were doing.........nobody wants to lose money in anything they do. I doubt you would have had many bids at that opening price, now maybe you have a chance to at least recoup some of the fees associated with getting this one graded. >>
Thanks Rob. Perhaps I can get the $ back for the grading. However, I would still be out the $ I paid for the coin.
Hoard the keys.
I also have found that .99 no reserve auctions ( it takes nutz ) will sometimes generate a bidding war and actually raise a final price. Funny, I have had coins sit in inventory for a month with a $10 Buy it now, only to send to auction at .99, and sell it for $25.....go figure
I wish you the best of luck !!!!
<< <i>Welcome to both the forum and Ebay. If you can get past the sarcasm and jabs, you will learn alot here. A better camera/picture system will be your first priority to sell on ebay, and Auctiva or self hosting your own pictures will allow you to use more of them, and for free. Your shipping is going to hurt you, $6 for 1st class on a lower priced coin will save you fees and commisions, but will tick the buyers off......
I also have found that .99 no reserve auctions ( it takes nutz ) will sometimes generate a bidding war and actually raise a final price. Funny, I have had coins sit in inventory for a month with a $10 Buy it now, only to send to auction at .99, and sell it for $25.....go figure
I wish you the best of luck !!!! >>
Good luck on your first Ebay auction
Check out my current listings: https://ebay.com/sch/khunt/m.html?_ipg=200&_sop=12&_rdc=1
them darned coins anyway
``https://ebay.us/m/KxolR5
Greg Hansen, Melbourne, FL Click here for any current EBAY auctions Multiple "Circle of Trust" transactions over 14 years on forum
If you're selling a coin under $50, $4.50 or $5 shipping is plenty, and include insurance with that. You'll attract more buyers with lower shipping, and $5 more than covers it for you.
I don't consider this thread spam, I think it's good to hear from people who've been doing it a long time. Take the help and use it - there's a lot of experience in here trying to help you. This was a good teaching thread for those who haven't sold before.
I understand wanting to recoup the cost the coin and grading, that's the unfortunate part of having coins graded. On a common date coin like the 1936 Buffalo, it may need to grade at 66 or better to recover the cost of grading, assuming you've bought the coin well below current market value. You need to be able to determine if a coin will grade high enough to be worth sending in to grade.
I'm still learning the nuances of grading, so when I send a coin out for grading, I'm not thinking about recouping my grading costs. Instead, I see it as part of the cost of my coin education. When I factor in the intangible value the education, the loss on the coin doesn't sting too badly.
Take your lump on the coin and heed the advice of some of the posters as to how you can improve your future eBay lsitings.
Good luck with the auction!