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Tax season and decrease in sales?

AzurescensAzurescens Posts: 2,906 ✭✭✭✭✭
in U.S. Coin Forum

Is anyone else experiencing a decrease in sales the past 7-10 days? Not just a few items here and there but a quite noticeable difference?

Is this something that happens around tax season? The wife said 2 weeks prior and 2 weeks after taxes being due, her business experiences a 28-30% loss in revenue.

I've been hit really hard on my mushroom, moss and fern end, and not terribly hard on the coin end but enough to notice. I've seen typically expensive coins selling for much lower than expected.

Thanks in advance for any help.

Comments

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    mustangmanbobmustangmanbob Posts: 1,911 ✭✭✭✭✭

    No real difference for me.

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    blitzdudeblitzdude Posts: 7,635 ✭✭✭✭✭

    Procrastinated until last minute and I just paid additional $1800 federal, would have preferred to buy $1800 in gold coin but guess I'm tapped out for the month. Guess we need more guns and trump needs more golf trips to Florida. Semper Fi.

    The whole worlds off its rocker, buy Gold™.
    BOOMIN!™
    Wooooha! Did someone just say it's officially "TACO™" Tuesday????
    Retiring at 55, what day is today? :sunglasses:

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    ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭

    I have had a large uptick in sales and was wondering if it was tax refunds. Sales have been strong all year as has the economy.

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    blitzdudeblitzdude Posts: 7,635 ✭✭✭✭✭

    @ErrorsOnCoins said:
    I have had a large uptick in sales and was wondering if it was tax refunds. Sales have been strong all year as has the economy.

    Economys stronger than ever lol #Fakebrains

    The whole worlds off its rocker, buy Gold™.
    BOOMIN!™
    Wooooha! Did someone just say it's officially "TACO™" Tuesday????
    Retiring at 55, what day is today? :sunglasses:

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    CoinRaritiesOnlineCoinRaritiesOnline Posts: 3,689 ✭✭✭✭

    Sales have been stronger for us -

    John Agre

    Coin Rarities Online
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    bigjpstbigjpst Posts: 3,229 ✭✭✭✭✭

    @blitzdude said:
    Procrastinated until last minute and I just paid additional $1800 federal, would have preferred to buy $1800 in gold coin but guess I'm tapped out for the month. Guess we need more guns and trump needs more golf trips to Florida. Semper Fi.

    Not the last minute for two more days. And we are filing taxes for last year so you can blame someone other than your usual tired rant.

    JRobinsonRareCoins.com

    My Ebay Store

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    rickoricko Posts: 98,724 ✭✭✭✭✭

    I am sure some people paid more and are tapped a bit....but many received returns and are likely spending a bit... should balance out....Cheers, RickO

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    CoinstartledCoinstartled Posts: 10,135 ✭✭✭✭✭

    A thousand excuses in the coin business. Christmas, 4th of July, back to school, Summer, Easter falling on a Sunday.

    Quality merchandise priced competitively will always do well. Sellers hanging on for 2011 prices will wait a while longer.

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    dogwooddogwood Posts: 1,935 ✭✭✭✭

    I didn’t do quarterlies last year for various reasons so yesterday I had to ECH the Feds enough funds to buy a Quarter.
    1901s in VF25 would be my choice.
    I’m sure I won’t be attending the Santa Clara show this weekend due to that.

    We're all born MS70. I'm about a Fine 15 right now.
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    BAJJERFANBAJJERFAN Posts: 31,631 ✭✭✭✭✭

    @blitzdude said:
    Procrastinated until last minute and I just paid additional $1800 federal, would have preferred to buy $1800 in gold coin but guess I'm tapped out for the month. Guess we need more guns and trump needs more golf trips to Florida. Semper Fi.

    More guns INDEED! Coins too!

    Works for me.

    theknowitalltroll;
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    ParadisefoundParadisefound Posts: 8,623 ✭✭✭✭✭
    edited April 18, 2018 5:49PM

    @bigjpst said:
    @blitzdude said:
    Not the last minute for two more days. And we are filing taxes for last year so you can blame someone other than your usual tired rant.

    Your local caucus is a better place to make use of any political passion and not a coin forum IMO

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    AzurescensAzurescens Posts: 2,906 ✭✭✭✭✭

    My wife did just mention perhaps the initial boon in sales I experienced was from refunds and now just normalizing.

    The same happened at her physical store that's going on with my online store. Looking at trends, there were tons of buys within 3-10 days of federal refunds being returned and a few weeks later (most) state refunds had tons of purchases, but that could mean anything I guess.

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    oih82w8oih82w8 Posts: 13,076 ✭✭✭✭✭

    I should have held off on my last purchase, but...I'm weak! I have been raiding my "rat holes" to pay my state taxes.

    oih82w8 = Oh I Hate To Wait _defectus patientia_aka...Dr. Defecto - Curator of RMO's

    BST transactions: dbldie55, jayPem, 78saen, UltraHighRelief, nibanny, liefgold, FallGuy, lkeigwin, mbogoman, Sandman70gt, keets, joeykoins, ianrussell (@GC), EagleEye, ThePennyLady, GRANDAM, Ilikecolor, Gluggo, okiedude, Voyageur, LJenkins11, fastfreddie, ms70, pursuitofliberty, ZoidMeister,Coin Finder, GotTheBug, edwardjulio, Coinnmore, Nickpatton, Namvet69,...
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    coinpalicecoinpalice Posts: 2,468 ✭✭✭✭✭

    some buyers are waiting for another e bucks bonus to buy- including me, haven't had one for almost 3 weeks now. at least i'm saving money. my selling is about normal

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    bestdaybestday Posts: 4,271 ✭✭✭✭

    @coinpalice said:
    some buyers are waiting for another e bucks bonus to buy- including me, haven't had one for almost 3 weeks now. at least i'm saving money. my selling is about normal

    Ebay not yet desperate, for more sales ,,,,,,,,patience

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    ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭

    Yeah, I am waiting, the problem is I keep piddling it away.

    By the time that 10% coupon arrives my 500 ebucks will be down to 10. It will make that $1000 coin a lot less attractive

    Yes I do double count ebucks, but we all do, right ? ;) .

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    TwoSides2aCoinTwoSides2aCoin Posts: 45,051 ✭✭✭✭✭

    My sales decrease most around the 4th of July. People buying firecrackers, you know ?

    ``https://ebay.us/m/KxolR5

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    BAJJERFANBAJJERFAN Posts: 31,631 ✭✭✭✭✭

    @coinpalice said:
    some buyers are waiting for another e bucks bonus to buy- including me, haven't had one for almost 3 weeks now. at least i'm saving money. my selling is about normal

    Have not had one since Moby Dick was a minnow!

    theknowitalltroll;
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    PonyExpress8PonyExpress8 Posts: 1,670 ✭✭✭

    There is typically a couple weeks each side of 4/15 it slows. Even more pronounced this year due to the clumping of coin shows in March. Any time consumers are a bit distracted we notice it. We shall see how Santa Clara goes this week. I expect sales on Friday 4/20 to be good and in the clouds! ;)

    The End of the Line in the West.

    Website-Americana Rare Coin Inc
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    dpooledpoole Posts: 5,940 ✭✭✭✭✭

    Yeah. I've never gotten any ebucks bonuses, And this, despite my many years of virtuous living.

    In response to the point of all this, sales have been steady at Ebay for me, as well.


    Here's a warning parable for coin collectors...



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    BAJJERFANBAJJERFAN Posts: 31,631 ✭✭✭✭✭

    @dpoole said:
    Yeah. I've never gotten any ebucks bonuses, And this, despite my many years of virtuous living.

    In response to the point of all this, sales have been steady at Ebay for me, as well.

    Spend big and spend often is apparently the key to getting the bonus bux.

    theknowitalltroll;
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    halfhunterhalfhunter Posts: 2,770 ✭✭✭

    @coinpalice said:
    some buyers are waiting for another e bucks bonus to buy- including me, haven't had one for almost 3 weeks now. at least i'm saving money. my selling is about normal

    I know that's right . . . I'm about to go into Bucks Bonus DTs ! ! !

    Need the following OBW rolls to complete my 46-64 Roosevelt roll set:
    1947-P & D; 1948-D; 1949-P & S; 1950-D & S; and 1952-S.
    Any help locating any of these OBW rolls would be gratefully appreciated!
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    TurboSnailTurboSnail Posts: 1,669 ✭✭✭✭✭
    edited April 17, 2018 6:46PM

    With all the uncertainties with trade war, missile launching, stock volatility and taxes, everyone is cutting down on spending. My sale at the liqueur store dropped 25% compare to last year.

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    mannie graymannie gray Posts: 7,259 ✭✭✭✭✭

    My sales are up 20% over last year.
    I'm happy.
    Typically slows from Memorial Day to Labor Day.
    That's when I do a lot of buying.

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    jmlanzafjmlanzaf Posts: 41,698 ✭✭✭✭✭

    @TurboSnail said:
    With all the uncertainties with trade war, missile launching, stock volatility and taxes, everyone is cutting down on spending. My sale at the liqueur store dropped 25% compare to last year.

    clearly, sentiment is better than you think or liquor store sales would be up!

    All comments reflect the opinion of the author, even when irrefutably accurate.

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    jmlanzafjmlanzaf Posts: 41,698 ✭✭✭✭✭

    @dpoole said:
    Yeah. I've never gotten any ebucks bonuses, And this, despite my many years of virtuous living.

    In response to the point of all this, sales have been steady at Ebay for me, as well.

    Do you have offers turned on?

    All comments reflect the opinion of the author, even when irrefutably accurate.

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    ZoinsZoins Posts: 34,486 ✭✭✭✭✭

    @blitzdude said:

    @ErrorsOnCoins said:
    I have had a large uptick in sales and was wondering if it was tax refunds. Sales have been strong all year as has the economy.

    Economys stronger than ever lol #Fakebrains

    Can we have a $20 trillion dollar coin? :)

    Private Mint News | 2010 Lincoln Reverse Finalists
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    BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭

    Just clipped & pasted from my eBay store Sales (last 31 days) Up 630.4%

    My BST listing has done quite well too since Easter.

    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
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    Cougar1978Cougar1978 Posts: 9,803 ✭✭✭✭✭

    Yes it’s been slow

    Investor
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    ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭

    @Broadstruck said:
    Just clipped & pasted from my eBay store Sales (last 31 days) Up 630.4%

    My BST listing has done quite well too since Easter.

    Just check mine. Up 789.9% from prior period.

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    ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭

    Wow, it just jumped to 1000% Another big sale last night.

    Of course, this is unsustainable but I think I am on the right track. Kinda overwhelming as I feel I have reached a tipping point.

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