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justcollecting
Posts: 190 ✭✭✭
I'm working on a Washington quarter set and I'm down to my last 9 coins. I have saved searches for the coins that I need with the stipulation MS. There are no auctions for these coins they are all BIN or if there is an auction (not often) they have a ridiculously high starting bid. It seems that way for almost any of the better quality coins. I'm not saying that all BIN are unreasonable But I like to feel that I might have a chance at getting a deal. I'm loosing interest in e-bay because of the lack of real auctions. It's to the point I'd be better off to bypass ebay and go directly to the dealers and dicker with them. So are the ebay sellers shooting their self in the foot, or is it restrictions put on them by ebay? I can't believe that most coins wouldn't sell for a fair market value given the chance.
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Hoard the keys.
Currently in the US Coins category there are:
All Listings (733,302)
Auction (106,597)
Buy It Now (638,063)
I guess sellers don't want to get ripped and buyers want instant gratification. eBay gives 50 free listings a month (more with a store) so it doesn't cost anything for a seller to try and maximize their profit (or limit their losses)
I have to assume eBay is getting more revenue with this shift, so I guess they are happy - at least for now.
<< <i>I'm working on a Washington quarter set and I'm down to my last 9 coins. I have saved searches for the coins that I need with the stipulation MS. There are no auctions for these coins they are all BIN or if there is an auction (not often) they have a ridiculously high starting bid. It seems that way for almost any of the better quality coins. I'm not saying that all BIN are unreasonable But I like to feel that I might have a chance at getting a deal. I'm loosing interest in e-bay because of the lack of real auctions. It's to the point I'd be better off to bypass ebay and go directly to the dealers and dicker with them. So are the ebay sellers shooting their self in the foot, or is it restrictions put on them by ebay? I can't believe that most coins wouldn't sell for a fair market value given the chance. >>
^^^all that^^^ is just WRONG !!!!
how spoiled are you...really
walk a mile or 2 in an "EBAY SELLER'S SHOES"
alot here sell on ebay but hold their comments better than i
but your thread makes you sound so darn spoiled rotten...i for one would block you as a buyer in spite
as alot of those "EBAY SELLER'S" are probably friends of mine being bashed by you here
dealers and dickering with them
sounds kinky
Coin Club Benefit auctions ..... View the Lots
<< <i>
oh don't you start too
<< <i>"It's to the point I'd be better off to bypass ebay and go directly to the dealers and dicker with them"
dealers and dickering with them
sounds kinky >>
Some collectors will do whatever it takes to get a good coin deal.
Worry is the interest you pay on a debt you may not owe.
As even being a low level seller, I couldn't agree more with this. I can't imagine how bigger sellers feel having to fork over possibly 4 digit monthly fees to them. Shoot I'm a little guy and they typically get $200-300 month from me!
Also, allowing places like APMEX, Silvertowne, Liberty etc to sell on there for significantly discounted fees is just wrong.
<< <i>"Some collectors will do whatever it takes to get a good coin deal."
sounds like yet another quote by breen
Rant over coffee brewed.
<< <i>As a long time eBay seller I'll put it out there. People used to pay what coins were worth at auction. The last of the Washington's I sold were PCGS graded and the only way I made even the postage to ship them was putting as BIN's. There were several that the only bid was the .99c snipe at the end, and postage then was $1.60. Until eBay changes it to were there is a buyer base and prolongs the auction when there are last second bids sellers will have to use BIN's I feel. Only thing I list at Auction are loss leaders now to get some eyes on the BIN's.
Rant over coffee brewed. >>
Timing and knowing the "market pulse" is of the essence when you are playing in the auction arena. It's apparent that market forces are in play with what you are trying to sell or auction. SUPPLY and DEMAND. If you can't manage a "going market" return on common coins on eBay, I doubt you'll do much better elsewhere. Time to face reality, take the loss or hold on in hopes the market for your item turns around.
The washington bu/ms coins is a tough series to grade due to their mushy appearance even in high grade and to blame ebay sellers
for not wanting to give them away via auction for less than their perceived value is just plain wrong in all aspects of the word.
Maybe if you was to open your search to include AU coins will help you achieve the result as to what your looking for but dont expect
to find hammered strikes to be had for a song (not saying it cant happen) but the odds are against you in that aspect.
and those ebay sellers that have high BIN's imo are very much justified in their asking prices.
I myself have hit this very wall you have hit finding nice BU's reasonably priced but they are out there and patience is a virtue.
so I work on other sets like FS nickles, FT rosies, FB mercs red lincolns ect...... but always keep an eye out for those wicked nice
bu washies to plug the holes.
There's only 2 coins that I have paid more than $50 for, (42-s pcgs 63 $82) & (39-d $52).
Now do I expect to pay that for the rest of them absolutly not I do however expect to pay atleast $50- $100 for most of the others
with the exeption of the 32-s,32-d,34-d,35-d,36-d,37-d which Im sure are going to cost me north of $100 for very nice examples.
32d,32s,34d,35d,36d,37,37d,37s,38,38s,39s.
<< <i>
<< <i>I'm working on a Washington quarter set and I'm down to my last 9 coins. I have saved searches for the coins that I need with the stipulation MS. There are no auctions for these coins they are all BIN or if there is an auction (not often) they have a ridiculously high starting bid. It seems that way for almost any of the better quality coins. I'm not saying that all BIN are unreasonable But I like to feel that I might have a chance at getting a deal. I'm loosing interest in e-bay because of the lack of real auctions. It's to the point I'd be better off to bypass ebay and go directly to the dealers and dicker with them. So are the ebay sellers shooting their self in the foot, or is it restrictions put on them by ebay? I can't believe that most coins wouldn't sell for a fair market value given the chance. >>
^^^all that^^^ is just WRONG !!!!
how spoiled are you...really
walk a mile or 2 in an "EBAY SELLER'S SHOES"
alot here sell on ebay but hold their comments better than i
but your thread makes you sound so darn spoiled rotten...i for one would block you as a buyer in spite
as alot of those "EBAY SELLER'S" are probably friends of mine being bashed by you here >>
I'm not bashing anyone here buddy. You on the other hand are the spoiled one, you are the one throwing a temper tantrum. I asked a question and got respectalble answers until you started your temper tantrum.
Please explain to me where I'm wrong. I think TopographicOceans proved that.
All Listings (733,302)
Auction (106,597) - Junk-
Buy It Now (638,063) -Better quality coins-
I'm here to learn not to knock others.
If ebay is so tough why go threw the hassle.
You want to tear me down for trying to say a dime while you try to rape and pillage, Do I have that right?
Thanks again to those that gave a respectable reply.
<< <i>"It's to the point I'd be better off to bypass ebay and go directly to the dealers and dicker with them"
dealers and dickering with them
sounds kinky >>
There is a DH in every group.
To the OP, I agree with some of the other comments...you need to go to shows, or specialist dealers, or post what you are looking for on the BST. Some items and some "deals" will just not often make it to eBay. Those BINs have high embedded overhead costs, and are not usually deals. Else you need a lot of patience and a quick trigger finger, because if what you seek does show up, likely 10 other people are chasing it too.
In the 5 or 6 years that I have been collecting I have been to only two coin shows and that was at the start, so as someone mentioned I may have to give the shows another look.
Who knows maybe I am spoiled by all the local auctions in my area.
<< <i>Go to a show you will do good there. >>
And take heed to that man's sigline. Usually those final coins are "key" dates in the series. And by the time we get to them we are wondering about our sanity in collecting.
Ebay sellers are not shooting themselves in the foot. They just know how hard it is to buy it back at a lower price. This is strictly my opinion. Everyone has a different opinion, but you're likely to get objective opinions and advice here, at this site. From those "in the know".
Happy New Year and just "enjoy" the chase. Don't let it get you down. Those last few become a nemesis or an end goal. Keep reaching. (my feelings)
Let me just add that "REAL AUCTIONS' have been cleaning my clock for a long time. That's where the ULTIMATE competitors eat our lunch.
<< <i>P.S.
LOL
After going back and reading some of my replies, I apparently just hit reply and not quote, so my apologies.
Thanks for the responses most were appreciated.
There was a time when rare coins would hammer at very favorable prices on eBay, but those days seem gone now. Better material actually does quite well on eBay now, as buyers have learned not to discount the possibility that good material will surface there.
Dealers typically list good material on eBay as fixed price because they've been stung more than once in the past by a lowballing crowd without two or more competitive bidders in the mix, or because they listed to hammer on the wrong day, ar at the wrong time, or in the wrong category, etc.
eBay is neither my favorite buying nor selling venue, but it provides occasional opportunities to stock my inventory, and serves as a gateway to new customers.
<< <i> . . . I can't believe that most coins wouldn't sell for a fair market value given the chance. >>
Have you tried auctoning your own coins on eBay, whether duplicates or coins from series you no longer collect?
Perhaps after doing so, you'll have your answer.
<< <i>
<< <i> . . . I can't believe that most coins wouldn't sell for a fair market value given the chance. >>
Have you tried auctoning your own coins on eBay, whether duplicates or coins from series you no longer collect?
Perhaps after doing so, you'll have your answer. >>
No I never have sold on ebay. I don't have the time or patients for photographing, posting, shipping and all the other associated hassle's that come with it. I do have a friend or 2 that do sell on ebay and that is how they finance their own collections. I have another friend that buys and sends to out of state live auctions and he seems to do well. That would be the route I would follow.
<< <i>Even if the coin is listed as a BIN it not cost much to drop one message to the seller and ask what his best price is. Sometimes you can get lucky. One time one coin was listed BIN for $450, but I was feeling that coin is overpriced and offered $350 for the seller. He promptly changed the listing to $380 and the coin was sold in minutes. I even didn't get the chance to buy that coin. Someone hit BIN as soon as price become "affordable". >>
I too have done this, but when the seller agrees to change the listing and do a BIN at a lower price I ask them to delete the picture.
At that point I don't need someone else buying my deal and don't need the pic anymore. Most won't bid
on just a coin description without seeing a pic. I have the auction number.
This has worked several times for me.
bob
<< <i>Nice to chat with you, justcollectin'… My name is Joe. Most people call me Joe, but DH is fine, too
Same here Joe.
My name is John but I've been called worse.
You really do present both sides of the coin.
<< <i>No I never have sold on ebay. I don't have the time or patients for photographing, posting, shipping and all the other associated hassle's that come with it. I do have a friend or 2 that do sell on ebay and that is how they finance their own collections. I have another friend that buys and sends to out of state live auctions and he seems to do well. That would be the route I would follow. >>
YOU'VE NEVER SOLD ON EBAY...OH MY....LIONS N TIGERS AND BEARS...OH MY
ok so in the end (yes you're more then welcome to have last word)
are the fluffy "yes yes" i agree with you too replies the ones you got anything from here
if you've never sold on ebay why are you bashing those that do
true story from a "DH"
until you have a critic you have no friend
as maybe...just maybe
they're the ones trying to help you along in learning something
17 years in A.A....the only one that "helped me"
was that cat on the 1st day who told me i can't quit
everyone who was there thought him the biggest "DH" that ever was telling new comers they can't quit
he's still my biggest mentor in life and i prove his butt wrong "one more day at a time"
so yeah
until you sell on ebay...hold your thoughts
"HAPPY NEW YEARS"
everyone including you OP
signed
DH
Im not trying to bash ebay sellers. Sorry if you think that. I think more auctions would generate more interest and more buyers which equals more competition and higher prices.. Supply and demand usually set prices. I think all the dealers that peruse ebay would not let coins go to cheap. As it sits now I can go to jjteaparty or tipsico coin and look at their bin prices and get a better deal because they dont have the fees associated with ebay. If you go to completed listings on ebay you see the same coins relisted and relisted and relisted. That should tell you something. The price is to high...Sometimes I wonder if sellers put their collection on ebay just for display. LOL I think the market is inflated, I dont think it is just ebay either if you go to great collections for every 50 listings there are 2 or 3 bids.
As for the high high end market I cant run with the big dogs but I'm sure the rule there is supply and demand.
Teddy I'm glad your winning the battle and I'm glad that you have this hobby to help in that fight. I wish you all the best and good luck with your ebay sales.
Happy New Year and Best of luck to all in the coming new year.
<< <i>Teddy
Im not trying to bash ebay sellers. Sorry if you think that. I think more auctions would generate more interest and more buyers which equals more competition and higher prices.. Supply and demand usually set prices. I think all the dealers that peruse ebay would not let coins go to cheap. As it sits now I can go to jjteaparty or tipsico coin and look at their bin prices and get a better deal because they dont have the fees associated with ebay. If you go to completed listings on ebay you see the same coins relisted and relisted and relisted. That should tell you something. The price is to high...Sometimes I wonder if sellers put their collection on ebay just for display. LOL I think the market is inflated, I dont think it is just ebay either if you go to great collections for every 50 listings there are 2 or 3 bids.
As for the high high end market I cant run with the big dogs but I'm sure the rule there is supply and demand.
Teddy I'm glad your winning the battle and I'm glad that you have this hobby to help in that fight. I wish you all the best and good luck with your ebay sales.
Happy New Year and Best of luck to all in the coming new year. >>
all is good my friend
selling on ebay is tricky
it's great if you're a seller with strong buyers following you
but for the common joe or "teddy's"...if can be a rough playground
personally
i love ebay...i take my hits with my losses with my head up
and know bothsides of the street there
happy new years