I've Never Sold On eBay Before, any Advice?

78750Aggie

I've never sold an item on eBay, is there any advice that might help avoid issues or mistakes? The item will be a coin. I have a Pay Pal account because I've bought coins, but not lately due to (two) kids college funding.

I'll have a good pictures, I'll be honest in the description, and will offer a return.

Thanks in advance.

DoubleEagle59

Sounds like you're starting off on the right foot.

REALGATOR

Offer it here first. A knowledgeable crowd and no fees.

CCC2010

<< <i>Offer it here first. A knowledgeable crowd and no fees. >>

78750Aggie

I'm at work now and can't spend much time on the internet, but I posted the pictures on the US Coin forum and don't want to cause any ethical isues or violate forum protocol. I've had two offers already and one member said I could do a little better on eBay so I thought I would try eBay. I absolutely don't want to cross any lines or cause issues on this forum.

Update: If I did list a price and offer on the BST forum 1st, what is the acceptable payment method. I have bought using PayPal, but never sold using PayPal. Actually, I've never sold anything and not experienced at listing or selling.

guitarwes

Update: If I did list a price and offer on the BST forum 1st, what is the acceptable payment method. I have bought using PayPal, but never sold using PayPal. Actually, I've never sold anything and not experienced at listing or selling.

Selling on the BST is pretty easy. List your items with a fair price and have good pictures and you're more than likely going to do ok. You can even net your prices from what it would bring on ebay then subtract the fees and end up pricing your item here on the BST for that amount.

Getting paid by a buyer on the BST is simple also. The easiest for most people is regular Paypal where you absord the fees. It costs you a little bit in fees but is most secure both for you and the buyer. Paypal "gift" option is a way to pay thru paypal that doesn't charge you to receive money, but is less secure. Use this sparingly with someone you really really trust. You can also accept Money Orders, Cashier's Checks, or personal checks. Most sellers accepting this usually wait to ship the items sold after payment clears.

COMMUNICATION IS THE KEY!!!!!!! Communicate well with your buyers often and timely (i.e. When you get payment, when payment clears, when you ship, send them tracking info, etc.)

Hope this helps.

COINB0Y

Yeah! Don't!

piecesofme

Yeah! Don't!
complete waste of effort and time when there are avenues such as this to do business on.

jmski52

The difference between BST and ebay is liquidity. On BST, you eliminate the fees but you may sell something for less or not at all.

Ebay has a much bigger and less sophisticated audience, so if you can't sell it on BST for an acceptable amount, you can always liquidate something on ebay.

In terms of cost-effectiveness, it's about a toss-up.