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Ever done this?

Sell a coin via auction on ebay, and then at the end of the auction let the the buyer know that if he wants to, you would send him money via paypal if he canceled the sale and didn't purchase the coin. Win win for the buyer, right?... he can just say no to the offer and pay for the coin, or he can make money just by being a bidder on the auction.

I almost did this very recently... but thought better of it. (I have a good rapport with this buyer, and I sell to him fairly frequently on and off ebay. I think it would have been a strange thing to do, and I'm pretty sure he'd decline the offer anyway). I personally wouldn't mind having this option in my back pocket everytime I buy something on ebay though...

Has anyone here ever done this, or at least thought about doing this?

Comments

  • KyleKyle Posts: 1,822 ✭✭✭✭✭


    << <i>Sell a coin via auction on ebay, and then at the end of the auction let the the buyer know that if he wants to, you would send him money via paypal if he canceled the sale and didn't purchase the coin. Win win for the buyer, right?... he can just say no to the offer and pay for the coin, or he can make money just by being a bidder on the auction. >>


    Maybe I am misunderstanding your question here, but why would you offer the winning bidder money, to not complete the transaction?

    You could just not list the coin, and save yourself the trouble (and money).
    Successful BST Transactions With: tonedase, streg2, airplanenut, coindeuce, vibr0nic, natetrook, Shrub68, golden, Lakesammman, drddm, Ilikecolor, CoinJunkie, wondercoin, lablover
  • astroratastrorat Posts: 9,221 ✭✭✭✭✭
    Interesting ... please send me money not to buy your coins. I am happy to help you out.
    Numismatist Ordinaire
    See http://www.doubledimes.com for a free online reference for US twenty-cent pieces
  • CoinRaritiesOnlineCoinRaritiesOnline Posts: 3,673 ✭✭✭✭
    The implication of a seller making such an offer immediately after an auction is that the coin is worth more than it just brought, so most buyers would say no thanks, I'll take the coin.
  • jonathanbjonathanb Posts: 3,646 ✭✭✭✭✭
    I've thought about that, but never actually done it.

    I have done the opposite, winning an item and giving the seller the option of canceling the sale. That was a while ago, when there was no penalty to the seller for canceling a sale. I don't know if I'd do that now.

    I won a multi-item lot recently where there was one small medal and a bunch of larger items that I didn't want and would have been annoying to ship. I told the seller that I'd pay full price for the one small item that I wanted, and they could throw the large items into the trash. Or sell them to someone else. Didn't matter to me, since I truly didn't want the rest. The seller was happy with that, and gave me free shipping for the one item that I wanted, which I thought was nice of them.
  • PerryHallPerryHall Posts: 46,339 ✭✭✭✭✭


    << <i>Sell a coin via auction on ebay, and then at the end of the auction let the the buyer know that if he wants to, you would send him money via paypal if he canceled the sale and didn't purchase the coin. Win win for the buyer, right?... he can just say no to the offer and pay for the coin, or he can make money just by being a bidder on the auction.

    I almost did this very recently... but thought better of it. (I have a good rapport with this buyer, and I sell to him fairly frequently on and off ebay. I think it would have been a strange thing to do, and I'm pretty sure he'd decline the offer anyway). I personally wouldn't mind having this option in my back pocket everytime I buy something on ebay though...

    Has anyone here ever done this, or at least thought about doing this? >>



    Unless there extenuating circumstances that are not being mentioned such as the coin being worth more than the winning bid or that you are having serious sellers remorse, it makes no sense to waste one's time and money as you described so I'll have to say no.



    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • amwldcoinamwldcoin Posts: 11,269 ✭✭✭✭✭
    Well, I wouldn't do what you are suggesting but I have to give KUDOS to you. Several times I have had sellers cancel sales or substitute coins on auctions I won and send me a token payment via paypal.
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    Never encountered this, and since I do not sell coins, would not have thought of it. However, if the feeling of largess consumes you, let me know, and I will gladly accept payment for not buying your coin. Cheers, RickO

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