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Oops...I think I left some money (maybe a lot) on the table

Ever list something on Ebay and it's not really an item you typically deal with and you try to get some comp's on it but there's not a lot out there. So you pick a number and it seems reasonable and you list the item and within 30-60 secs, it sells. And you then take a look at the buyer and see that they specialize in such items and he clearly know something you don't? Yeah, kinda sucks, huh?

Comments

  • Rob85635Rob85635 Posts: 1,230 ✭✭✭

    UGH, oh well, ... at least you are great at selling :)

    Rob the Newbie
  • Rob85635Rob85635 Posts: 1,230 ✭✭✭
    edited April 6, 2017 4:56PM

    UGH, oh well, ... at least you are great at selling :)
    Whats with these double posts?

    Rob the Newbie
  • lkeigwinlkeigwin Posts: 16,893 ✭✭✭✭✭

    Now you have to show us the auction.
    Lance.

  • yosclimberyosclimber Posts: 5,048 ✭✭✭✭✭

    Simplest solution for items where you are unsure of the value:
    List them as auctions instead of Buy It Now.

  • yosclimberyosclimber Posts: 5,048 ✭✭✭✭✭
    edited April 6, 2017 4:45PM

    dup

  • yosclimberyosclimber Posts: 5,048 ✭✭✭✭✭
    edited April 6, 2017 4:45PM

    dup

  • CoinstartledCoinstartled Posts: 10,135 ✭✭✭✭✭

    That is part of the fun!

  • TequilaDaveTequilaDave Posts: 271 ✭✭✭

    Ha ha, where was all this sage advice when I needed it?!? :)

    And here's the item. I mean, come on...it didn't seem like "all that", and I figured $28 was a decent price, but I don't any longer. LOL!! I actually wrote the buyer, a token guy, thanking him for his purchase and quick payment and then asked just how badly did I do on this one. If he writes back, I'm not sure I want to read it or not.

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  • Wabbit2313Wabbit2313 Posts: 7,268 ✭✭✭✭✭

    In a quick internet search, I think you are right in the ballpark.

  • TequilaDaveTequilaDave Posts: 271 ✭✭✭

    @Wabbit2313 said:
    In a quick internet search, I think you are right in the ballpark.

    That's what I thought but when you list something and 30 secs later your phone starts buzzing and you see it's sold, you begin to wonder....

  • CoinstartledCoinstartled Posts: 10,135 ✭✭✭✭✭

    Have any more of them.... ;)

    About 7 years ago I picked up a 2000 Bimetal Library of Congress in MS70.

    Paid $2200 and put it on Ebay at $3500. Dealer picked it up and asked if I had any more. I probably left $500 on the table at the time.

    Coin is worth about $1500 now so the sting is long gone.

  • Wabbit2313Wabbit2313 Posts: 7,268 ✭✭✭✭✭

    Right, but if it is a token he doesn't have, you have to buy it quick. They don't show up that often. In gambling they call it degenerate. You win a bet and then can't understand why you didn't bet more! No different in auctions, which is a form of gambling of course! :)

  • CoinstartledCoinstartled Posts: 10,135 ✭✭✭✭✭
    edited April 6, 2017 5:06PM

    The glitch bug is rampant tonight.

  • StorkStork Posts: 5,207 ✭✭✭✭✭

    Could be a person who happens to have a search and gets notified by eBay when there's a new item listed. The search parameter might have just flagged the one guy/gal who was looking. Open the email and find out!


  • StorkStork Posts: 5,207 ✭✭✭✭✭
    edited April 6, 2017 5:50PM

    double posting glitch...


  • nk1nknk1nk Posts: 477 ✭✭✭✭

    Some people have notifications sent from eBay whenever certain items are listed, probably just happened to be something he was looking for and just hit buy it now. You may have left something on the table I don't know but my guess is it's not an a lot.

  • nk1nknk1nk Posts: 477 ✭✭✭✭

    Some people have notifications sent from eBay whenever certain items are listed, probably just happened to be something he was looking for and just hit buy it now. You may have left something on the table I don't know but my guess is it's not an a lot.

  • DCWDCW Posts: 7,624 ✭✭✭✭✭

    Tokens with interesting subject matter are doing well at present time

    Dead Cat Waltz Exonumia
    "Coin collecting for outcasts..."

  • TequilaDaveTequilaDave Posts: 271 ✭✭✭

    He did write back, he seems like a good dude.

    Neat token, been collecting buying & selling for forty years. I buy stuff I haven't seen before, also Hawaii stuff sells well. May decide to keep this one. As for as worth i think I can make a buck or two after Ebay fees, if I decide to sell. Mkt is soft in all collectibles, Ebay has basically put me out of business. Used to do 25 shows per year, probably done 500 shows, but Ebay ruined all that! All the best! J

  • Walkerguy21DWalkerguy21D Posts: 11,712 ✭✭✭✭✭

    I don't even want to talk about mine, and they were coins that I sold to forum members at WAY under real market value :(

    Successful BST transactions with 171 members. Ebeneezer, Tonedeaf, Shane6596, Piano1, Ikenefic, RG, PCGSPhoto, stman, Don'tTelltheWife, Boosibri, Ron1968, snowequities, VTchaser, jrt103, SurfinxHI, 78saen, bp777, FHC, RYK, JTHawaii, Opportunity, Kliao, bigtime36, skanderbeg, split37, thebigeng, acloco, Toninginthblood, OKCC, braddick, Coinflip, robcool, fastfreddie, tightbudget, DBSTrader2, nickelsciolist, relaxn, Eagle eye, soldi, silverman68, ElKevvo, sawyerjosh, Schmitz7, talkingwalnut2, konsole, sharkman987, sniocsu, comma, jesbroken, David1234, biosolar, Sullykerry, Moldnut, erwindoc, MichaelDixon, GotTheBug
  • AUandAGAUandAG Posts: 24,934 ✭✭✭✭✭

    Yes, the 99¢ auctions are for a reason. I rarely know how to price my items as I've had them so long and don't keep up with the pricing.....so off it goes for a buck to start.
    bob

    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
  • jtlee321jtlee321 Posts: 2,365 ✭✭✭✭✭

    Downside to the 99¢ auction is that what if it was just the one guy interested in it? Then instead of $28.00 in 30 seconds, you may have only got 99¢ in 7 days. But you'll never know.

    I had something similar happen a while back with a Central Pacific Railroad token that I found metal detecting in Northern Utah that was used for cords of wood. I tried to find a value for it on the web, but found very little information on them. None had been sold recently on eBay, so I picked a figure that sounded good and listed it for $80.00 I think. It sold less than 5 minutes after I listed it. I had that same dreadful feeling you did. I contacted the buyer and reassured them I would not back out of the deal, but I wanted to know if I undersold my self. He told me no, but he had been looking for one for a while and had to jump on this one. So I still don't know for sure if I left a bunch of money on the table, but I was happy with what I got.

  • thebeavthebeav Posts: 3,912 ✭✭✭✭✭

    We've all done that before. It's what make the numismatic world go around. If there were never any good deals, no one would be searching.....It's things like that keeping people interested.

  • joebb21joebb21 Posts: 4,771 ✭✭✭✭✭

    I would like to think I have sold over 10,000 coins with money still left on the table (i sold them to other dealers)

    may the fonz be with you...always...

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