eBay FVF Fees Reduced in Coins & Currency and Stamps Categories --- Or is it an Increase?

GoCoins

Did anyone else receive this email from eBay? Does this apply to ALL listing formats (auctions and fixed price)? There pages are fees are confusing. The fees were once multi-tiered: 8.75% up to $25, then 3.5% from $25 to $1000, then 1.5% for anything over $1,000, with a cap of $250.

Isn't the new 6% flat fee bad for people selling coins under $1000/auction?

Great news for eBay Stores subscribers like you! Starting June 27, 2013, final value fees for listings in Coins & Paper Money and Stamps categories on eBay.com and eBay.ca will be reduced to 6%!

Don't forget: you pay final value fees only when your item sells. The maximum final value fees for these categories will remain $250 per item, no matter how much your item sells for.
As always, thank you for selling on eBay!

Sincerely,
Michael Jones
Vice President,
Merchant Development

Rampage

No, it really is cheaper. The old price levels you mention are significantly outdated. Six percent is a bargain as far as I am concerned.

LanceNewmanOCC

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other thread
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coinhunters

Yeah, EBAY is reducing the store fees on the backs and fees they charge non-EBAY Store Sellers.

GoCoins

<< <i>.
other thread
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Thanks for the link.

In the article in the thread you linked, there's this quote:



<< <i>"Fees used to be tiered... you paid the top rate on up to $50, and a lower rate on over $50. 7% is actually a decrease over where rates were before for stores, but only on the first $50. People selling items at a couple hundred and up, per item, just got a HUGE fee hike, whether they have a store or not." >>



Is this new rate reduction really a "HUGE fee hike," or is it better, as Rampage states?

OPA

Previous flat rate of 7% reduced to 6% for coins & currency's is definitely a savings for store owners. I'm not familiar what the rate is for non store owners...Will the 10% flat rate for non store owners still be the going rate?

guitarwes

This coupled with the 20% discount off FVF's the Top Rated Sellers get is a good break from ebay. In my book, they can drop the % ANYTIME they want!

This should help bullion dealers alot who already work on tight margins.

illini420

<< <i>This coupled with the 20% discount off FVF's the Top Rated Sellers get is a good break from ebay. In my book, they can drop the % ANYTIME they want!

This should help bullion dealers alot who already work on tight margins. >>




Yep, good news for those with stores. With the 20% discount for Top Rated Sellers and the PayPal discount for doing a decent amount of monthly volume, the total selling fees for most coins is now down to about 7% total for eBay and PayPal fees. Not as bad as some people make it out to be.

GoCoins

Thanks for the info everyone.

LindeDad

Just a note for any that this might effect that new rate will only be effective on listing that start after today. I found this out when they made their last change.

amwldcoin

I just hope they keep doling out free listings to store sellers. I was OK with a nickel over my 500 but not OK with a dime over my 500 listings. I have over 700 I am waiting to list when they offer the next free listings!

LindeDad

The free listings each month help cut down the cost a little in fact for the basic store the 150 free listing make the store subscription a plus.

TwoSides2aCoin

My fees for selling on eBay last month were more than my electric bill and phone bill. I don't know what that's saying.

LindeDad

So where mine but that just means the stuff found new homes.
BTW I can add the cable to that as the phone and it are bundled.

amwldcoin

<< <i>My fees for selling on eBay last month were more than my electric bill and phone bill. I don't know what that's saying. >>



LOL! My were more than that including my mortgage payment...taxes + insurance included!

TwoSides2aCoin

LOL... I knew someone would trump me easily on those fees.

amwldcoin

<< <i>LOL... I knew someone would trump me easily on those fees. >>



Well...I think that is a good thing! Finally realized ebay is no more expensive than alot of the crappy small shows I have now cut out! The smaller shows used to be great...unfortunately they all have grand illusions of becoming the next FUN show. More and More dealers added with no more customers! I know 2 already that are imploding as they are loosing enough dealers to where they are operating in the red! There is only so much butter to spread around.

derryb

I do not have an ebay store. On 4/25/13 I paid a FVF (with 20% discount) of $106 on a $3150 ebay sale. On 6/27/13 I paid a FVF (without 20% discount) of $250 on a $2875 ebay sale. Both sales were BIN. Appears fees have more than doubled for $2,500 plus items since 4/25.

LindeDad

4% of $2500.00 = $100.00
Basic store on monthly basis cost $19.95.

Edit to add your fee on the $2875.000 item would of been $201.25 rather than $250.00 with a store. And yes for high end coins fees did go up but for the less than $50.00 items they went down.

If you list another of the $2850.00 items tomorrow in a store and sell it the FVF will be $172.50.

derryb

<< <i>If you list another of the $2850.00 items tomorrow in a store and sell it the FVF will be $172.50. >>


That's still a whole lot more than it was just two months ago without a store.

Raufus

I received a call from Ebay "Seller Outreach" about this. I was also offered a free store trial.