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I have a $10 Ebay coupon....and I am bored.
MGLICKER
Posts: 7,995 ✭✭✭
This is PCGS coin related.
Decided to find a PCGS graded coin on Ebay that costs as close to $10 but not over, shipping included.
Not expecting much, but here goes!
Decided to find a PCGS graded coin on Ebay that costs as close to $10 but not over, shipping included.
Not expecting much, but here goes!
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Decided to go old school and who can resist a birth year coin.
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<< <i>Best thing I saw
You're bored too, Broadstruck??
<< <i>
<< <i>Best thing I saw
You're bored too, Broadstruck??
I play the same game every time they issue eBucks as I try to find the best buy w/o using a penny of my own money
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You'll be lucky if you can get more than 50 cents face with free shipping but it's free LOL
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<< <i>This is whatcha need >>
Well....it is a first strike.
oh yea, ebay sucks
<< <i>I bought PCGS graded mint error a month or so ago for $8 off of ebay.
oh yea, ebay sucks
A bit of a story, EOC. I opened my Ebay account in 2000. The fees were 2.5% up to $1000* and 1% after that. The final value fee on a $2000 coin was $35. No store needed.
Now it costs $120 for the same sale, if you pay Ebay $16.00 bucks a month for the store subscription. For that reason, the efficient and liquid Ebay market for graded coins over a few hundred bucks has ground to a fraction of what it had been.
A nuisance for some, a diminished livelihood though for others that quit other jobs when they saw an opportunity. Not just in coins of course, but several other categories.
We seemed to have embraced socialism in America when it comes to bailing out banks and auto workers and paying for the neighbors medical care. We of course revert to capitalism when Ebay wishes to quadruple fees.
Fair enough, but yes, to many, Ebay does suck.
*fees were higher in the $0-50 bracket a decade ago.
<< <i>I opened my Ebay account in 2000 >>
And in 2000 you could submit a modern (1959+) coin to PCGS for $10, which is now $16 (1965+) up 60%
I've learned the best way to make money with eBay is to short their stock.
<< <i>And in 2000 you could submit a modern (1959+) coin to PCGS for $10, which is now $16 (1965+) up 60% >>
No relevance....sorry.
A percentage of a sale price should not move merely due to inflation. As an example, A $20 Saint would have sold for $500 in 2000 and generated $12.50 in Ebay fees. Same coin was $2000 a few years ago and would have generated $35 under the old fee structure.
Ebay would have covered the inflation cost by an increase in average sale cost, not by swiping an ever larger piece of the pie.
RIP Mom- 1932-2012
<< <i>There's a guy with a sweet MS68 Florida quarter on another thread... >>
oh yes I recall reading that thread
Good memory
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