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eBay or TeleTrade?
ajaan
Posts: 17,125 ✭✭✭✭✭
I have to sell the vast majority of my slabbed coins. The only two realistic choices for selling them are eBay and TeleTrade. TeleTrade has a flat rate of 8% fee for sellers; eBay's is about 10% incuding PayPal fees. TeleTrade images the coins for you, for eBay listing you must provide an image. The coins I'll be selling are mainly Canadian, British, and Ancient coins, with a few other World coins mixed in.
Any suggestions on which one you think is the better venue? I haven't had much experience with TeleTrade, sold stuff there years ago but not lately.
Any suggestions on which one you think is the better venue? I haven't had much experience with TeleTrade, sold stuff there years ago but not lately.
DPOTD-3
'Emancipate yourselves from mental slavery'
CU #3245 B.N.A. #428
Don
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Just be sure to choose the "resell" option (if your coins don't sell the first time), and place a reasonable reserve on each lot.
I thought ebay fees were 10% not including PayPal?
World Collection
British Collection
German States Collection
Gary
<< <i>Don, why don't you PM Jeremy Katz (airplanenut)? He does a really good job with Ebay consignments. >>
Jeremy is fantastic for coins that sell for $100+ I'm afraid that too many of my coins will sell in the $40-100 range.
<< <i> Also, if you have coins that you are pretty sure of the value I'd suggest trying them at least once on the dealers at a local show. >>
Unfortunately there is no large local shows around here.
DPOTD-3
'Emancipate yourselves from mental slavery'
CU #3245 B.N.A. #428
Don
that's exactly what I was gonna recommend too
I'd def do Ebay over Teletrade just one of those things - yup Ebay is more expensive but the popularity/coverage is day and night in comparison and therefore you'd get way better prices going that route. On your own that is, however, if you have little patience doin it all by yo-self...then that's were good 'ole Jeremy (actually quite young) can come in to play.... Highly recommended!
Marc
<< <i> TeleTrade has a flat rate of 8% fee for sellers >>
And 15% for buyers. Suppose the going rate a buyer will pay for an item is $100. On eBay, you net $90 if we assume a 10% fee ($12.20 is the actual fee, after PayPal, for a seller without a store, assuming a 99c start). On Teletrade, the buyer bids $87 (so their net cost is $100 after the premium), and after the 8% fee, you net $73.60.
DPOTD-3
'Emancipate yourselves from mental slavery'
CU #3245 B.N.A. #428
Don
DPOTD-3
'Emancipate yourselves from mental slavery'
CU #3245 B.N.A. #428
Don
DPOTD-3
'Emancipate yourselves from mental slavery'
CU #3245 B.N.A. #428
Don
DPOTD-3
'Emancipate yourselves from mental slavery'
CU #3245 B.N.A. #428
Don