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A $3,669,750.00 coin sold on eBay?

llafoellafoe Posts: 7,220 ✭✭
in U.S. Coin Forum
Did it actually sell on eBay or was it simply used for marketing:

image
WANTED: Cincinnati Reds TEAM Cards

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    OPAOPA Posts: 17,104 ✭✭✭✭✭
    Sold.. 3/12/2013
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
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    AnkurJAnkurJ Posts: 11,366 ✭✭✭✭
    If it did, I wonder what the fees are! image
    All coins kept in bank vaults.
    PCGS Registries
    Box of 20
    SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
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    Batman23Batman23 Posts: 4,999 ✭✭✭✭✭


    << <i>If it did, I wonder what the fees are! image >>



    I wonder what the shipping will be... FedEx over night or... Personal deliveryimage

    Using a calculator with his Top Rated seller status I come up with: $58,750 in Ebay fees and $106,423 in Paypal feesimage
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    llafoellafoe Posts: 7,220 ✭✭


    << <i>

    << <i>If it did, I wonder what the fees are! image >>



    I wonder what the shipping will be... FedEx over night or... Personal deliveryimage

    Using a calculator with his Top Rated seller status I come up with: $58,750 in Ebay fees and $106,423 in Paypal feesimage >>



    The buyer received $100 in eBay Bucks! image
    WANTED: Cincinnati Reds TEAM Cards
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    BarryBarry Posts: 10,100 ✭✭✭
    (never mind)
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    OPAOPA Posts: 17,104 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>If it did, I wonder what the fees are! image >>



    I wonder what the shipping will be... FedEx over night or... Personal deliveryimage

    Using a calculator with his Top Rated seller status I come up with: $58,750 in Ebay fees and $106,423 in Paypal feesimage >>



    The buyer received $100 in eBay Bucks! image >>



    Forget the PayPal fees. Not handled via PayPal. Seller should have have waited until 5/1...his FVF would have been only $200 ...
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
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    leothelyonleothelyon Posts: 8,356 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>If it did, I wonder what the fees are! image >>



    I wonder what the shipping will be... FedEx over night or... Personal deliveryimage

    Using a calculator with his Top Rated seller status I come up with: $58,750 in Ebay fees and $106,423 in Paypal feesimage >>



    The buyer received $100 in eBay Bucks! image >>



    Let's not forget Uncle Sam's 28% take. (if owned longer than 1 year, am I correct?) 18% otherwise.

    The more qualities observed in a coin, the more desirable that coin becomes!

    My Jefferson Nickel Collection

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    COALPORTERCOALPORTER Posts: 2,900 ✭✭


    << <i>

    << <i>

    << <i>If it did, I wonder what the fees are! image >>



    I wonder what the shipping will be... FedEx over night or... Personal deliveryimage

    Using a calculator with his Top Rated seller status I come up with: $58,750 in Ebay fees and $106,423 in Paypal feesimage >>



    The buyer received $100 in eBay Bucks! image >>




    how did you do that? ebay sellers fees max out at $250. I just ran this in the ebay calculator and it says 250
    "http://pages.ebay.com/sellerinformation/news/Feecalculator.html#" ???????
  • Options
    ebaytraderebaytrader Posts: 3,312 ✭✭✭


    << <i>

    << <i>

    << <i>

    << <i>If it did, I wonder what the fees are! image >>



    I wonder what the shipping will be... FedEx over night or... Personal deliveryimage

    Using a calculator with his Top Rated seller status I come up with: $58,750 in Ebay fees and $106,423 in Paypal feesimage >>



    The buyer received $100 in eBay Bucks! image >>



    Let's not forget Uncle Sam's 28% take. (if owned longer than 1 year, am I correct?) 18% otherwise. >>




    Collectibles are taxed at short term cap gains rates regardless of the holding period.
  • Options
    leothelyonleothelyon Posts: 8,356 ✭✭✭✭✭
    Did it actually sell on eBay or was it simply used for marketing:

    Perhaps ticked off with the other venues of selling?

    The more qualities observed in a coin, the more desirable that coin becomes!

    My Jefferson Nickel Collection

  • Options
    AnkurJAnkurJ Posts: 11,366 ✭✭✭✭
    For that much I'd say Brinks.
    All coins kept in bank vaults.
    PCGS Registries
    Box of 20
    SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
  • Options
    leothelyonleothelyon Posts: 8,356 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>

    << <i>

    << <i>If it did, I wonder what the fees are! image >>



    I wonder what the shipping will be... FedEx over night or... Personal deliveryimage

    Using a calculator with his Top Rated seller status I come up with: $58,750 in Ebay fees and $106,423 in Paypal feesimage >>



    The buyer received $100 in eBay Bucks! image >>



    Let's not forget Uncle Sam's 28% take. (if owned longer than 1 year, am I correct?) 18% otherwise. >>




    Collectibles are taxed at short term cap gains rates regardless of the holding period. >>



    Hope that's true! I had an IRS lady while explaining how to file my taxes for self-employment but she said, 28% for the coins I've sold which has been stuck in my head ever since. That was last year and I still haven't filed but am making quarterly payments.

    The more qualities observed in a coin, the more desirable that coin becomes!

    My Jefferson Nickel Collection

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    leothelyonleothelyon Posts: 8,356 ✭✭✭✭✭
    Here's a website that says 28%.

    The more qualities observed in a coin, the more desirable that coin becomes!

    My Jefferson Nickel Collection

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    segojasegoja Posts: 6,112 ✭✭✭✭
    28% is correct, irregardless of the holding period. There is no such thing as long term capital gains on collectibles.

    Wish it were different, but it's not.
    JMSCoins Website Link


    Ike Specialist

    Finest Toned Ike I've Ever Seen, been looking since 1986

    image
  • Options
    leothelyonleothelyon Posts: 8,356 ✭✭✭✭✭
    Well, here's a 'how to' article that gives more detail.

    I don't agree with the gov's reasoning...people need all the money they can get their hands on to buy those expensive houses.

    The more qualities observed in a coin, the more desirable that coin becomes!

    My Jefferson Nickel Collection

  • Options
    Batman23Batman23 Posts: 4,999 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>

    << <i>If it did, I wonder what the fees are! image >>



    I wonder what the shipping will be... FedEx over night or... Personal deliveryimage

    Using a calculator with his Top Rated seller status I come up with: $58,750 in Ebay fees and $106,423 in Paypal feesimage >>



    The buyer received $100 in eBay Bucks! image >>




    how did you do that? ebay sellers fees max out at $250. I just ran this in the ebay calculator and it says 250
    "http://pages.ebay.com/sellerinformation/news/Feecalculator.html#" ??????? >>



    The upper limits of the calculator must be broken.
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    johnny9434johnny9434 Posts: 27,502 ✭✭✭✭✭
    if they did buy it i hope they buyer spends thier ebay bucks on a good phyciatrist. jmo
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    LanceNewmanOCCLanceNewmanOCC Posts: 19,999 ✭✭✭✭✭
    .
    in case anyone wants to see the sold price in green

    i didn't read the whole thread but for those wondering the cap on auction sales and bin/obo sales are far from the same on higher-dollar items
    .

    <--- look what's behind the mask! - cool link 1/NO ~ 2/NNP ~ 3/NNC ~ 4/CF ~ 5/PG ~ 6/Cert ~ 7/NGC 7a/NGC pop~ 8/NGCF ~ 9/HA archives ~ 10/PM ~ 11/NM ~ 12/ANACS cert ~ 13/ANACS pop - report fakes 1/ACEF ~ report fakes/thefts 1/NCIS - Numi-Classes SS ~ Bass ~ Transcribed Docs NNP - clashed coins - error training - V V mm styles -

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    MsMorrisineMsMorrisine Posts: 32,200 ✭✭✭✭✭
    some mag. needs to cover this story
    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
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    MrEurekaMrEureka Posts: 23,940 ✭✭✭✭✭
    Seems to me the publicity is worth enough to eBay that the seller could have easily negotiated a near-zero (or zero) commission on this deal. And Steve is not one to miss an opportunity like that.

    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
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    RaufusRaufus Posts: 6,784 ✭✭✭✭✭
    So, how many Ebay Bucks?
    Land of the Free because of the Brave!
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    llafoellafoe Posts: 7,220 ✭✭


    << <i>So, how many Ebay Bucks? >>



    $100 is the max
    WANTED: Cincinnati Reds TEAM Cards

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