@amwldcoin said:
That's because you have more competition! I remember a 54-O quarter years ago listed by a seller in France. Stayed at 75% of grey sheet bid until the last minute or 2. Then Bam! Sold for all but what the Huge O it was would sell for at the time. Sure that surprised the crap out of the seller!
@koynekwest said:
Ebay USED to be a GREAT place for cherrypicking nice varieties. Not so much anymore, not for 7 or 8 years.
I am aware of that. Seems like everyone is cherrypicking (for varieties) these days.
@dbldie55 said:
I recently bought a coin on ebay, and it is from a long time board member (did not know the board name as it related to the ebay name). I have already found numerous cherry picks on Ebay this year. Some from well known dealers, who did not have it listed on their web site. Why would you "not" check ebay?
I buy a lot of material off eBay which I retail at shows and online. The summer doldrums good time to buy. The Bay is a large source of inventory for me and I operate on a narrow spread for the most part. It reaches a large worldwide audience.
One banknote I bought on eBay I got double for it with an international customer a couple of weeks later. To survive in this stagnant market I have to buy low sell high. The bids aren’t going up and the metals are trading in a narrow range. Starting setting up on the bourse in 1990 it was difficult to get retail but I found pockets of success. I learned to diversify, buy it right, and sell with positive GM. Many of them folded. One fellow my main competitor at gun shows wholesaled to the public. I took a beating show after show from him but waited him out and he finally ran out of inventory (folding) which greatly improved the situation for me.
The current market remains weak which suggests oversupply coupled with fewer entry level players. The lack of new blood is an ongoing problem yet to be solved. Until it is I feel numismatic coins may continue to fall. I do feel opportunity exists in certain areas like classic commems (cheaper than they were 25 years go for most part), better date coins, and nice gold coins bought close to melt. Whether Coins a store of value (seems to be the current popular marketing line from some of them) or investment has been debated. One has to decide for himself. Refer to the PCGS 3000.
Yes I have noticed posters trashing eBay. I believe many of them being whipped at the line of scrimmage from competitors on the bay.
Yes Bay bonus bucks! There ya go. Love those bucks buy a nice gold coin below melt every time along while celebrating with a shot of Jim Beam. Buying off the Bay sure works for me.
ebay has it's place in numismatics.
The problem is that the did get extremely greedy.
we, just members, sellers or buyers, on this here forum can influence it:
after your next list, buy or sell, expires, lets NOT list or buy anything for 3 days!
perhaps we can get other forums involved to do this.
That will get Feebay "out of their Shacks" .
it will only work if a mass will do it.
Back to this thread a second time. I rarely get incited to respond, preferring to read, but I am compelled.
I have done 'all' the sets. Put a Morgan set into the top-50 . . . a Commem set into the top-20 . . . . but my latest project, a high-grade Merc Set . . . . is impossible even at the shows I travel to here in SLC / OR / ID. I can look at every table and not find one decent early Merc prior to 1934 that I can buy . . regardless of price.
eBay has been my only option. The Collector's Corner thingy seems too complicated. I prefer a short and sweet. Gimme your PayPal . . . I hit it with the cash . . . you send the coin. Collector's Corner seems to channel through the Virgin Islands, multiple emails, an encryption code, hand-off in a dark alley to some unknown third party, and then disappears into the Bermuda Triangle.
I do 'due diligence' when I buy. I screen what I want, regard a coin I receive that doesn't 'make it' as my mistake . . .and move on. eBay has been fine for me.
@YQQ said:
ebay has it's place in numismatics.
The problem is that the did get extremely greedy.
we, just members, sellers or buyers, on this here forum can influence it:
after your next list, buy or sell, expires, lets NOT list or buy anything for 3 days!
perhaps we can get other forums involved to do this.
That will get Feebay "out of their Shacks" .
it will only work if a mass will do it.
Silly idea. Whose attention are you trying to get? Ebay isn't a coin store, it's a complete marketplace. What percentage of ebay sales do coins constitute? Of the coins, what percentage is made up of big operations like Apmex? Do you really think ebay will notice a 0.0001% drop in activity for 3 days?
All comments reflect the opinion of the author, evn when irrefutably accurate.
@YQQ said:
ebay has it's place in numismatics.
The problem is that the did get extremely greedy.
we, just members, sellers or buyers, on this here forum can influence it:
after your next list, buy or sell, expires, lets NOT list or buy anything for 3 days!
perhaps we can get other forums involved to do this.
That will get Feebay "out of their Shacks" .
it will only work if a mass will do it.
Some, if not most, of my favorite coins in my collection have come by way of eBay. Why eliminate one venue completely when there are quality coins available.
I've not seen this answer yet. What I'm looking for is mostly available in Europe, Canada, and Australia. As far as US coins, I think that's been pretty well covered - a huge inventory at our fingertips 24/7/365.
No matter what the venue, it should be about the coin.
There are shenanigans with eBay, yes, but their are plenty of great sellers the conduct business almost exclusively on the Bay. I follow these guys weekly, and it is great entertainment to bid on their wares.
Too bad that they are collecting sales tax now, but such is the new reality of most internet shopping.
Dead Cat Waltz Exonumia
"Coin collecting for outcasts..."
Collectors have to understand the totality of what is at stake in buying coin without an in hand look first. For those willing to undertake the risk, that is fine... Just expect a limited amount of sympathy if you receive is not what was anticipated.
Experience the World through Numismatics...it's more than you can imagine.
@coinkat said:
Collectors have to understand the totality of what is at stake in buying coin without an in hand look first. For those willing to undertake the risk, that is fine... Just expect a limited amount of sympathy if you receive is not what was anticipated.
You've got better return privileges on ebay, so no need for sympathy... well, except for the dealer stuck with the return.
All comments reflect the opinion of the author, evn when irrefutably accurate.
The comment is intended for those collectors that have not seen enough to appreciate quality and what is expected for the grade or should I have just included the seller in the same sentence?
Experience the World through Numismatics...it's more than you can imagine.
I prefer two well known dealers but every once in a while a 66 or 67 comes up on EBay and the price is right. As the an said: "it's a world wide market" and competition is good.
@DRUNNER said:
Back to this thread a second time. I rarely get incited to respond, preferring to read, but I am compelled.
I have done 'all' the sets. Put a Morgan set into the top-50 . . . a Commem set into the top-20 . . . . but my latest project, a high-grade Merc Set . . . . is impossible even at the shows I travel to here in SLC / OR / ID. I can look at every table and not find one decent early Merc prior to 1934 that I can buy . . regardless of price.
eBay has been my only option. The Collector's Corner thingy seems too complicated. I prefer a short and sweet. Gimme your PayPal . . . I hit it with the cash . . . you send the coin. Collector's Corner seems to channel through the Virgin Islands, multiple emails, an encryption code, hand-off in a dark alley to some unknown third party, and then disappears into the Bermuda Triangle.
I do 'due diligence' when I buy. I screen what I want, regard a coin I receive that doesn't 'make it' as my mistake . . .and move on. eBay has been fine for me.
Drunner
Surely, HA and GC would also make for good hunting grounds.
@DRUNNER said:
Back to this thread a second time. I rarely get incited to respond, preferring to read, but I am compelled.
I have done 'all' the sets. Put a Morgan set into the top-50 . . . a Commem set into the top-20 . . . . but my latest project, a high-grade Merc Set . . . . is impossible even at the shows I travel to here in SLC / OR / ID. I can look at every table and not find one decent early Merc prior to 1934 that I can buy . . regardless of price.
eBay has been my only option. The Collector's Corner thingy seems too complicated. I prefer a short and sweet. Gimme your PayPal . . . I hit it with the cash . . . you send the coin. Collector's Corner seems to channel through the Virgin Islands, multiple emails, an encryption code, hand-off in a dark alley to some unknown third party, and then disappears into the Bermuda Triangle.
I do 'due diligence' when I buy. I screen what I want, regard a coin I receive that doesn't 'make it' as my mistake . . .and move on. eBay has been fine for me.
Drunner
Surely, HA and GC would also make for good hunting grounds.
GC looks more and more like ebay. Lower end coins in auctions. Higher end coins with somewhat ridiculous reserves
All comments reflect the opinion of the author, evn when irrefutably accurate.
Comments
I am aware of that. Seems like everyone is cherrypicking (for varieties) these days.
What kind of cherrypicks?
Some of the coins I collect the coin dealers just don't have for sale. I have no choice but to go to eBay.
I actually got a great deal on an NGC MS66 5FS Jefferson Nickel on eBay.
I'm not as much concerned as I am curious.
This board fills up with eBay horror stories and it's easier to deal with knowledgeable people for me.
Now if Delloy lists a run of coins.....lemme know.
Because there’s beautiful stuff to be had at good prices ..... here and there.
I also have stuff from eBay. I always try to find out if a website is associated with the listing so I can go direct.
From the bay
Post a conserved peace dollar thread.
[Ebay Store - Come Visit]
Roosevelt Registry
transactions with cucamongacoin, FHC, mtinis, bigjpst, Rob41281, toyz4geo, erwindoc, add your name here!!!
Massive selection. Period.
Dave
I buy a lot of material off eBay which I retail at shows and online. The summer doldrums good time to buy. The Bay is a large source of inventory for me and I operate on a narrow spread for the most part. It reaches a large worldwide audience.
One banknote I bought on eBay I got double for it with an international customer a couple of weeks later. To survive in this stagnant market I have to buy low sell high. The bids aren’t going up and the metals are trading in a narrow range. Starting setting up on the bourse in 1990 it was difficult to get retail but I found pockets of success. I learned to diversify, buy it right, and sell with positive GM. Many of them folded. One fellow my main competitor at gun shows wholesaled to the public. I took a beating show after show from him but waited him out and he finally ran out of inventory (folding) which greatly improved the situation for me.
The current market remains weak which suggests oversupply coupled with fewer entry level players. The lack of new blood is an ongoing problem yet to be solved. Until it is I feel numismatic coins may continue to fall. I do feel opportunity exists in certain areas like classic commems (cheaper than they were 25 years go for most part), better date coins, and nice gold coins bought close to melt. Whether Coins a store of value (seems to be the current popular marketing line from some of them) or investment has been debated. One has to decide for himself. Refer to the PCGS 3000.
Yes I have noticed posters trashing eBay. I believe many of them being whipped at the line of scrimmage from competitors on the bay.
Why? Because they give you a 10% discount with bonus bucks.
No Way Out: Stimulus and Money Printing Are the Only Path Left
Yes Bay bonus bucks! There ya go. Love those bucks buy a nice gold coin below melt every time along while celebrating with a shot of Jim Beam. Buying off the Bay sure works for me.
Interesting thread.
Why even BUY coins at all? Why not collect photos without any risk?
eBay offers MANY more coins than any number of local shops could ever come close to offering.
Almost every one of my coins has come from ebay.
ebay has it's place in numismatics.
The problem is that the did get extremely greedy.
we, just members, sellers or buyers, on this here forum can influence it:
after your next list, buy or sell, expires, lets NOT list or buy anything for 3 days!
perhaps we can get other forums involved to do this.
That will get Feebay "out of their Shacks" .
it will only work if a mass will do it.
YQQ remind me when your 3-day campaign starts.
I will want to list a massive amount of coins during those three days to capture all the eyeballs myself
Back to this thread a second time. I rarely get incited to respond, preferring to read, but I am compelled.
I have done 'all' the sets. Put a Morgan set into the top-50 . . . a Commem set into the top-20 . . . . but my latest project, a high-grade Merc Set . . . . is impossible even at the shows I travel to here in SLC / OR / ID. I can look at every table and not find one decent early Merc prior to 1934 that I can buy . . regardless of price.
eBay has been my only option. The Collector's Corner thingy seems too complicated. I prefer a short and sweet. Gimme your PayPal . . . I hit it with the cash . . . you send the coin. Collector's Corner seems to channel through the Virgin Islands, multiple emails, an encryption code, hand-off in a dark alley to some unknown third party, and then disappears into the Bermuda Triangle.
I do 'due diligence' when I buy. I screen what I want, regard a coin I receive that doesn't 'make it' as my mistake . . .and move on. eBay has been fine for me.
Drunner
Silly idea. Whose attention are you trying to get? Ebay isn't a coin store, it's a complete marketplace. What percentage of ebay sales do coins constitute? Of the coins, what percentage is made up of big operations like Apmex? Do you really think ebay will notice a 0.0001% drop in activity for 3 days?
All comments reflect the opinion of the author, evn when irrefutably accurate.
https://trends.edison.tech/research/2018-ebay-vs-amazon.html
All comments reflect the opinion of the author, evn when irrefutably accurate.
Some, if not most, of my favorite coins in my collection have come by way of eBay. Why eliminate one venue completely when there are quality coins available.
- Bob -
MPL's - Lincolns of Color
Central Valley Roosevelts
I've not seen this answer yet. What I'm looking for is mostly available in Europe, Canada, and Australia. As far as US coins, I think that's been pretty well covered - a huge inventory at our fingertips 24/7/365.
No matter what the venue, it should be about the coin.
There are shenanigans with eBay, yes, but their are plenty of great sellers the conduct business almost exclusively on the Bay. I follow these guys weekly, and it is great entertainment to bid on their wares.
Too bad that they are collecting sales tax now, but such is the new reality of most internet shopping.
Dead Cat Waltz Exonumia
"Coin collecting for outcasts..."
I have found some pretty amazing coins and some very esoteric and interesting items on eBay. That said, 99% is dog sh*t
Latin American Collection
I Don't live next to a major show were you find 100-500 dealers attending. Plus I couldn't afford to drive or fly to one EBay is for me
Lafayette Grading Set
What breed?
Collectors have to understand the totality of what is at stake in buying coin without an in hand look first. For those willing to undertake the risk, that is fine... Just expect a limited amount of sympathy if you receive is not what was anticipated.
Experience the World through Numismatics...it's more than you can imagine.
You've got better return privileges on ebay, so no need for sympathy... well, except for the dealer stuck with the return.
All comments reflect the opinion of the author, evn when irrefutably accurate.
The comment is intended for those collectors that have not seen enough to appreciate quality and what is expected for the grade or should I have just included the seller in the same sentence?
Experience the World through Numismatics...it's more than you can imagine.
I prefer two well known dealers but every once in a while a 66 or 67 comes up on EBay and the price is right. As the an said: "it's a world wide market" and competition is good.
I actually have got a few good deals off the "Bay", but they are now few and far between.
Surely, HA and GC would also make for good hunting grounds.
Smitten with DBLCs.
GC looks more and more like ebay. Lower end coins in auctions. Higher end coins with somewhat ridiculous reserves
All comments reflect the opinion of the author, evn when irrefutably accurate.
Fleabay is 99% junk or traps and 1% decent coins and decent values.
Bad place to buy real rare coins.
Some people collect real non-rare coins.
Currently, there are 1,102,509 listings in US Coins
375,492 are PCGS and NGC .
1% would be 11,025
375,492 are PCGS or NGC.
Are you saying that PCGS and NGC are 97% Junk and traps?
Of course, that all means that 100% of ungraded ASE's and AGE's are junk and traps.
Please explain how you reviewed the 1,102,509 listings to arrive at your number?
Thanks