Crying like this will do you no good. Remember the seller gets to set the starting price in an auction not you. You sound like someone who is always looking for a "rip". If the coin you are looking at is not in your price range, go on the the next one. Please do not complain.
Collector of Buffalo Nickels and other 20th century United States Coinage a.k.a "The BUFFINATOR"
Originally posted by: BillJones Given the high eBay fees, I'm surprised that any really "legitimate" sellers are still there. Numismatics is a low mark-up business. Collectors have been spoiled. Unfortunately when eBay charges its high prices, there is no much left for the seller, which explains why so many of them play games.
Wow, ebay fees are super low as I run an eBay business and find their fees very low for what they offer.
Ebay is an awesome place to run a coin biz.
I couldn't even image the overhead on a B&M store plus the threat of being shot every day. Flying to a show every week, hotel rooms , etc.
ebay is where it is at
I totally agree, ebay a great place for coin biz, my online store. Coins are a retail hobby like model trains and strongly disagree its a low markup business. Many ebay buyers are broke or simply looking for a rip. It take s cost plus about 40% to make it in the coin business regardless of how you operate. As far as ebay the generalization ebay sellers charging high prices that depends on the seller just like any other dealer operating in a non ebay venue.. I can compete with anybody price wise and even beat them. I get a lot of tremendous deals off ebay whether coins or currency or even other item like clothes, books, etc.
I don't get it. A seller is allowed to set his starting bid in an auction. If you do not like it then go on to another item. Why complain? It makes no sense to me.
Collector of Buffalo Nickels and other 20th century United States Coinage a.k.a "The BUFFINATOR"
Crying like this will do you no good. Remember the seller gets to set the starting price in an auction not you. You sound like someone who is always looking for a "rip". If the coin you are looking at is not in your price range, go on the the next one. Please do not complain.
+100...
Besides, eBay has really changed...there is something for everyone, but it also has a significant amount of high-end for the grade coins, and myriad of scarce/rare material as well, so why should a seller sell a PQ coins that is worth multiples of dreck for dreck prices? If you think the coins is too much money, move on to something else. That's at least how I see, but that's just one guy.
Originally posted by: TwoSides2aCoin Buy what you want at the price you have to pay. If not satisfied with the price you have to pay, keep searching. I want to see what you get out of the search.
? ? ? This ? ? ?
I never thought that growing old would happen so fast. - Jim
Personally, I think ebay is a GREAT alternative to BM and Shows. It is open 24 x 7, free admission, no travel costs, and literally millions of items.
I actually make a decent living off of it (65 - 68 Mustang Car Parts) but it is my first stop now to research buying almost anything.
I did a house flip last year, and bought ceiling fans, faucets, light fixtures, etc.
We were pounded by hail last month, and simple things like replacing the outdoor sensor for the indoor outdoor weather station, found a much better system on ebay at less that what the old one cost.
Ebay and Craigslist are the new marketplace paradigm, along with Amazon, Uber, etc.
If the coin model is:
"I buy at X and mark it up 100% to justify my LARGE costs of a store front, and plane tickets, and hotels, and restaurants" without any "value added" difference to the item, then, IMHO, that model is doomed.
When I started collecting coins in the early 1960's, I thought the 1909-S VDB was the impossible to find coin. The local dealer had 1, looked bad, at an obscene price. It was buy from him or travel.
Now I can shop ebay and find 100+ PCGS slabbed examples, and in the sold listings, maybe 150+.
I use ebay for stupid stuff like Furnace Filters, Refrigerator Filters, upgrades to the our Wedding China, new Camera, 180 Bricks for a garden project (search by distance, it was less than 5 miles away) on and on.
Probably the weirdest one, at a garage sale, I picked up a Wedgwood item, but the lid was missing. With the lid, about $150, without the lid, $5 at a garage sale.
Patience.
Within a year, found JUST the lid on ebay, $5.
I am currently selling off my Dad's camera equipment from his estate. I have no interest in it, and the local shop in Dallas offered $50 for all of it. In about 6 weeks, I have sold most of it on ebay now just over $500. Several of the lenses went overseas.
Having returned to collecting after a hiatus, I was really put off by what eBay has become. I get tired of seeing nice, but not spectacular, coins listed at PCGS Price Guide (which is always high IMO) plus 10-25%. But I get it, fees are fees and eat up the margins. There are still good sellers who run real auctions. And I have had great luck on coins that I feel are BIN overpriced by contacting the seller and going outside of eBay.
Originally posted by: CommemKing I browse every day (especially for commemoratives) and every where you look sellers have their coins listed with hugely inflated starting bids. I see them list these coins over and over with no one buying them. Its a real turnoff. It seems 10x harder to find deals these days then just a few years ago. I'm getting fed up.
Hey guys I just said they are turning me off. I still use it for almost all my purchasing. Its just a turn off to see the same crap with high BIN over, and, over, and over. The sellers never sell most of these coins. Its clearly apparent.
My eBay customers like me because they get great deals.
Mine like me because they get really nice coins, already in the right holders, and with the right stickers... a tough trio to find for people who are relegated to Internet buying.
Fees are only 9% with a store, so that's not an issue.
eBay has a bias against sellers nowadays and they are not providing quality bidders like they used to.
When searching, select Auctions and sort by lowest price. When you reach the point in the results beyond what you're willing to pay, then stop looking.
ALL BUYERS should try selling so they understand the market as well as their own buying skills.
Take a coin you paid $100 for and list it for 99c Every bidder is out to do only one thing - rip you for your coin. After it closes for $53.82 you'll understand.
Originally posted by: TopographicOceans Fees are only 9% with a store, so that's not an issue.
eBay has a bias against sellers nowadays and they are not providing quality bidders like they used to.
When searching, select Auctions and sort by lowest price. When you reach the point in the results beyond what you're willing to pay, then stop looking.
ALL BUYERS should try selling so they understand the market as well as their own buying skills.
Take a coin you paid $100 for and list it for 99c Every bidder is out to do only one thing - rip you for your coin. After it closes for $53.82 you'll understand.
I guess I have to ask, why are you buying a $53.82 coin for $100?
many buyers are not familiar playing on both sides of the ball and are in shock when it comes time to sell, especially in this market - too bad so sad
I bid / offer 50-60% MV as I may have to discount coin slightly behind MV to sell it. There are retail buyers on the Bay but a scarce herd animal nowadays. an ebay sale of 53.62 for a 100.00 MV coin is something I consider a liquidation not a legit MV like CW Trends or PCGS. no starting at 99c for me.
players have to play on both sides of ball to develop skills necessary for successful numismatic investment
Originally posted by: TopographicOceans Fees are only 9% with a store, so that's not an issue.
eBay has a bias against sellers nowadays and they are not providing quality bidders like they used to.
When searching, select Auctions and sort by lowest price. When you reach the point in the results beyond what you're willing to pay, then stop looking.
ALL BUYERS should try selling so they understand the market as well as their own buying skills.
Take a coin you paid $100 for and list it for 99c Every bidder is out to do only one thing - rip you for your coin. After it closes for $53.82 you'll understand.
I guess I have to ask, why are you buying a $53.82 coin for $100?
Wait a second EOC... it was a hundred dollar coin when he bought it. It lost half it's value in a fair market. The new buyer will flip it for $120 and the cycle will start again.
Originally posted by: TopographicOceans Fees are only 9% with a store, so that's not an issue.
eBay has a bias against sellers nowadays and they are not providing quality bidders like they used to.
When searching, select Auctions and sort by lowest price. When you reach the point in the results beyond what you're willing to pay, then stop looking.
ALL BUYERS should try selling so they understand the market as well as their own buying skills.
Take a coin you paid $100 for and list it for 99c Every bidder is out to do only one thing - rip you for your coin. After it closes for $53.82 you'll understand.
I guess I have to ask, why are you buying a $53.82 coin for $100?
Wait a second EOC... it was a hundred dollar coin when he bought it. It lost half it's value in a fair market. The new buyer will flip it for $120 and the cycle will start again.
I understand that, I was just asking TO why he's on the wrong side of the flip ....
Originally posted by: Cougar1978 many buyers are not familiar playing on both sides of the ball and are in shock when it comes time to sell, especially in this market - too bad so sad
I bid / offer 50-60% MV as I may have to discount coin slightly behind MV to sell it. There are retail buyers on the Bay but a scarce herd animal nowadays. an ebay sale of 53.62 for a 100.00 MV coin is something I consider a liquidation not a legit MV like CW Trends or PCGS. no starting at 99c for me.
players have to play on both sides of ball to develop skills necessary for successful numismatic investment
An ebay sale of $53.62 reflects what one willing buyer is willing to pay. CW Trends and PCGS do not buy coins.
ALL BUYERS should try selling so they understand the market as well as their own buying skills.
Take a coin you paid $100 for and list it for 99c Every bidder is out to do only one thing - rip you for your coin. After it closes for $53.82 you'll understand.
Yeah, that's what I thought I said.
Anyone complaining they can't get rips from eBay sellers should do their own test.
Maybe removing digits will make the concept clearer.
List a coin that you paid $X starting at 99c See if it sells for ($X - $Y) or (X$ + $Z)
If someone is making millions of dollars selling coins on eBay, they wouldn't be doing it.
They'd be living in their own mansion on a private island and not have to deal with the nice people on eBay.
If you DON't like seeing the same junk over and over,
use the advanced search and block sellers by name.
In the core area I buy and sell, the basic search yielded over
220,000 items.
I blocked 13 sellers, who sell stuff at prices I will never buy from, and it knocked it down to ''
11,000
About 400 new ones show up each day, and with the items per page set at 192, gallery 3 wide
All the new ones fit on about 2 pages, sorting by newest first.
Since I also sell, I list an item when I first start searching. The next time I do a search, when I see it, I know I have already been there.
To fine tune it, I have more detailed searches, that take it down to less than 100, looking for specific things. I can check those a couple times a day in a minute or so.
For fun, try this:
take your basic search for whatever coin (s) you are looking for,
At the top, click the auction field, gallery, and sort by number of bids Highest, first.
You can see real quickly, what people are actually bidding on,
Go Advanced, you can see what they sold for at auction, and remove the auction tag, and you can all that sold.
Modulate your delimiters, and you can quickly zero in on what you want.
Comments
a.k.a "The BUFFINATOR"
Given the high eBay fees, I'm surprised that any really "legitimate" sellers are still there. Numismatics is a low mark-up business. Collectors have been spoiled. Unfortunately when eBay charges its high prices, there is no much left for the seller, which explains why so many of them play games.
Wow, ebay fees are super low as I run an eBay business and find their fees very low for what they offer.
Ebay is an awesome place to run a coin biz.
I couldn't even image the overhead on a B&M store plus the threat of being shot every day. Flying to a show every week, hotel rooms , etc.
ebay is where it is at
I totally agree, ebay a great place for coin biz, my online store. Coins are a retail hobby like model trains and strongly disagree its a low markup business. Many ebay buyers are broke or simply looking for a rip. It take s cost plus about 40% to make it in the coin business regardless of how you operate. As far as ebay the generalization ebay sellers charging high prices that depends on the seller just like any other dealer operating in a non ebay venue.. I can compete with anybody price wise and even beat them. I get a lot of tremendous deals off ebay whether coins or currency or even other item like clothes, books, etc.
Why complain? It makes no sense to me.
a.k.a "The BUFFINATOR"
Crying like this will do you no good. Remember the seller gets to set the starting price in an auction not you. You sound like someone who is always looking for a "rip". If the coin you are looking at is not in your price range, go on the the next one. Please do not complain.
+100...
Besides, eBay has really changed...there is something for everyone, but it also has a significant amount of high-end for the grade coins, and myriad of scarce/rare material as well, so why should a seller sell a PQ coins that is worth multiples of dreck for dreck prices? If you think the coins is too much money, move on to something else. That's at least how I see, but that's just one guy.
Buy what you want at the price you have to pay. If not satisfied with the price you have to pay, keep searching. I want to see what you get out of the search.
? ? ? This ? ? ?
- Jim
It's a dog eat dog world.
For the longest time, I thought this expression was, "it's a doggy-dog world."
peacockcoins
I actually make a decent living off of it (65 - 68 Mustang Car Parts) but it is my first stop now to research buying almost anything.
I did a house flip last year, and bought ceiling fans, faucets, light fixtures, etc.
We were pounded by hail last month, and simple things like replacing the outdoor sensor for the indoor outdoor weather station, found a much better system on ebay at less that what the old one cost.
Ebay and Craigslist are the new marketplace paradigm, along with Amazon, Uber, etc.
If the coin model is:
"I buy at X and mark it up 100% to justify my LARGE costs of a store front, and plane tickets, and hotels, and restaurants" without any "value added" difference to the item, then, IMHO, that model is doomed.
When I started collecting coins in the early 1960's, I thought the 1909-S VDB was the impossible to find coin. The local dealer had 1, looked bad, at an obscene price. It was buy from him or travel.
Now I can shop ebay and find 100+ PCGS slabbed examples, and in the sold listings, maybe 150+.
I use ebay for stupid stuff like Furnace Filters, Refrigerator Filters, upgrades to the our Wedding China, new Camera, 180 Bricks for a garden project (search by distance, it was less than 5 miles away) on and on.
Probably the weirdest one, at a garage sale, I picked up a Wedgwood item, but the lid was missing. With the lid, about $150, without the lid, $5 at a garage sale.
Patience.
Within a year, found JUST the lid on ebay, $5.
I am currently selling off my Dad's camera equipment from his estate. I have no interest in it, and the local shop in Dallas offered $50 for all of it. In about 6 weeks, I have sold most of it on ebay now just over $500. Several of the lenses went overseas.
It is a brave new world.
Coin Club Benefit auctions ..... View the Lots
Someone should create a new market place ....
Many have tried
Ebay still gets the most eyeball than all the other ones put together ...
I browse every day (especially for commemoratives) and every where you look sellers have their coins listed with hugely inflated starting bids. I see them list these coins over and over with no one buying them. Its a real turnoff. It seems 10x harder to find deals these days then just a few years ago. I'm getting fed up.
My YouTube Channel
``https://ebay.us/m/KxolR5
My eBay customers like me because they get great deals.
Mine like me because they get really nice coins, already in the right holders, and with the right stickers... a tough trio to find for people who are relegated to Internet buying.
eBay has a bias against sellers nowadays and they are not providing quality bidders like they used to.
When searching, select Auctions and sort by lowest price. When you reach the point in the results beyond what you're willing to pay, then stop looking.
ALL BUYERS should try selling so they understand the market as well as their own buying skills.
Take a coin you paid $100 for and list it for 99c
Every bidder is out to do only one thing - rip you for your coin.
After it closes for $53.82 you'll understand.
Fees are only 9% with a store, so that's not an issue.
eBay has a bias against sellers nowadays and they are not providing quality bidders like they used to.
When searching, select Auctions and sort by lowest price. When you reach the point in the results beyond what you're willing to pay, then stop looking.
ALL BUYERS should try selling so they understand the market as well as their own buying skills.
Take a coin you paid $100 for and list it for 99c
Every bidder is out to do only one thing - rip you for your coin.
After it closes for $53.82 you'll understand.
I guess I have to ask, why are you buying a $53.82 coin for $100?
I bid / offer 50-60% MV as I may have to discount coin slightly behind MV to sell it. There are retail buyers on the Bay but a scarce herd animal nowadays. an ebay sale of 53.62 for a 100.00 MV coin is something I consider a liquidation not a legit MV like CW Trends or PCGS. no starting at 99c for me.
players have to play on both sides of ball to develop skills necessary for successful numismatic investment
Fees are only 9% with a store, so that's not an issue.
eBay has a bias against sellers nowadays and they are not providing quality bidders like they used to.
When searching, select Auctions and sort by lowest price. When you reach the point in the results beyond what you're willing to pay, then stop looking.
ALL BUYERS should try selling so they understand the market as well as their own buying skills.
Take a coin you paid $100 for and list it for 99c
Every bidder is out to do only one thing - rip you for your coin.
After it closes for $53.82 you'll understand.
I guess I have to ask, why are you buying a $53.82 coin for $100?
Wait a second EOC... it was a hundred dollar coin when he bought it. It lost half it's value in a fair market. The new buyer will flip it for $120 and the cycle will start again.
``https://ebay.us/m/KxolR5
Fees are only 9% with a store, so that's not an issue.
eBay has a bias against sellers nowadays and they are not providing quality bidders like they used to.
When searching, select Auctions and sort by lowest price. When you reach the point in the results beyond what you're willing to pay, then stop looking.
ALL BUYERS should try selling so they understand the market as well as their own buying skills.
Take a coin you paid $100 for and list it for 99c
Every bidder is out to do only one thing - rip you for your coin.
After it closes for $53.82 you'll understand.
I guess I have to ask, why are you buying a $53.82 coin for $100?
Wait a second EOC... it was a hundred dollar coin when he bought it. It lost half it's value in a fair market. The new buyer will flip it for $120 and the cycle will start again.
I understand that, I was just asking TO why he's on the wrong side of the flip ....
Yeah I really like that eBay auction site.
many buyers are not familiar playing on both sides of the ball and are in shock when it comes time to sell, especially in this market - too bad so sad
I bid / offer 50-60% MV as I may have to discount coin slightly behind MV to sell it. There are retail buyers on the Bay but a scarce herd animal nowadays. an ebay sale of 53.62 for a 100.00 MV coin is something I consider a liquidation not a legit MV like CW Trends or PCGS. no starting at 99c for me.
players have to play on both sides of ball to develop skills necessary for successful numismatic investment
An ebay sale of $53.62 reflects what one willing buyer is willing to pay.
CW Trends and PCGS do not buy coins.
ALL BUYERS should try selling so they understand the market as well as their own buying skills.
Take a coin you paid $100 for and list it for 99c
Every bidder is out to do only one thing - rip you for your coin.
After it closes for $53.82 you'll understand.
Yeah, that's what I thought I said.
Anyone complaining they can't get rips from eBay sellers should do their own test.
Maybe removing digits will make the concept clearer.
List a coin that you paid $X starting at 99c
See if it sells for ($X - $Y) or (X$ + $Z)
If someone is making millions of dollars selling coins on eBay, they wouldn't be doing it.
They'd be living in their own mansion on a private island and not have to deal with the nice people on eBay.
use the advanced search and block sellers by name.
In the core area I buy and sell, the basic search yielded over
220,000 items.
I blocked 13 sellers, who sell stuff at prices I will never buy from, and it knocked it down to ''
11,000
About 400 new ones show up each day, and with the items per page set at 192, gallery 3 wide
All the new ones fit on about 2 pages, sorting by newest first.
Since I also sell, I list an item when I first start searching. The next time I do a search, when I see it, I know I have already been there.
To fine tune it, I have more detailed searches, that take it down to less than 100, looking for specific things. I can check those a couple times a day in a minute or so.
For fun, try this:
take your basic search for whatever coin (s) you are looking for,
At the top, click the auction field, gallery, and sort by number of bids Highest, first.
You can see real quickly, what people are actually bidding on,
Go Advanced, you can see what they sold for at auction, and remove the auction tag, and you can all that sold.
Modulate your delimiters, and you can quickly zero in on what you want.
I still have 99 cent start auctions.
You do have some good auctions, I have a coin coming my way from your auction ending yesterday!