@jmlanzaf said:
The exact same calculation applies to GC, Heritage etc. Why is paying GC 18-20% better than paying ebay 11.7%?
Lots of people call eBay "feebay" or "feepay" or some other silly thing but I've never seen GC called "Greedy Collections" or anything at all like that. I wonder why?
@jesbroken said:
After owning several businesses and running several others, I would hate to see anyone face a total loss and go away. It is a hard business climate in the world today and longevity is short lived at times. lol While you may hate ebay for your own reasons, it opened the door to a coin market unbelieveable in scope. With the closure of many B&M's and almost all local coin shows and events in the 80's pickings were mighty slim as was dependability. Now with all it's problems it offers one of the largest coin sales and purchase platforms, if not the largest, available today. Oh yes, I have had many gripes about their changes, but probably so do we all with Walmart, Amazon, Lowes, etc. It's just not our business to run. It is still the first place I go when I sit down at the computer each day. JMO
Jim
If I'm looking to buy something, coin related or not [more often it's not] eBay is my go to source over Amazon.
You're counting the CC fees twice. They are in the 8.7%
The exact same calculation applies to GC, Heritage etc. Why is paying GC 18-20% better than paying ebay 11.7%? Just because you don't want to do the work yourself?
[Your tax liability is the same. ]
You also can't just consign anything you want to an auction house. Good luck getting them to take 5 or 6 $50 items.
I don't disagree with you in terms of the other auction houses. They all take more than one can benefit in terms of value IMO. Did not know CC fees are in the 8.7%. Good to know, but margins are still tight..............
@jmlanzaf said:
The exact same calculation applies to GC, Heritage etc. Why is paying GC 18-20% better than paying ebay 11.7%?
Lots of people call eBay "feebay" or "feepay" or some other silly thing but I've never seen GC called "Greedy Collections" or anything at all like that. I wonder why?
Maybe it's because their fees and services are more reasonable than the other major auction companies?
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
What's next? Getting advice on coin collecting from "The View" ?
Maybe they can add the view sticker to the slab right next to the cacs sticker. lol THKS!
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?
@jmlanzaf said:
The exact same calculation applies to GC, Heritage etc. Why is paying GC 18-20% better than paying ebay 11.7%?
Lots of people call eBay "feebay" or "feepay" or some other silly thing but I've never seen GC called "Greedy Collections" or anything at all like that. I wonder why?
Maybe it's because their fees and services are more reasonable than the other major auction companies?
But more expensive than ebay
Yep. That's kind of the point. Not that some people will admit it.
@jesbroken said:
After owning several businesses and running several others, I would hate to see anyone face a total loss and go away. It is a hard business climate in the world today and longevity is short lived at times. lol While you may hate ebay for your own reasons, it opened the door to a coin market unbelieveable in scope. With the closure of many B&M's and almost all local coin shows and events in the 80's pickings were mighty slim as was dependability. Now with all it's problems it offers one of the largest coin sales and purchase platforms, if not the largest, available today. Oh yes, I have had many gripes about their changes, but probably so do we all with Walmart, Amazon, Lowes, etc. It's just not our business to run. It is still the first place I go when I sit down at the computer each day. JMO
Jim
If I'm looking to buy something, coin related or not [more often it's not] eBay is my go to source over Amazon.
I always check eBay, Amazon and Walmart. 10 years ago, Amazon was the cheapest. These days, more often than not, both Walmart and eBay are cheaper.
Speakin a eBay have they seriously reduced categories for which one can earn eBay bucks? I have bought quite a few items via eBay [nothing really pricey] but I still owe them 22 cents in bucks for something I returned more than a year ago. FWIW eBay bucks has mostly ZERO influence on my decision to buy or not.
@jesbroken said:
After owning several businesses and running several others, I would hate to see anyone face a total loss and go away. It is a hard business climate in the world today and longevity is short lived at times. lol While you may hate ebay for your own reasons, it opened the door to a coin market unbelieveable in scope. With the closure of many B&M's and almost all local coin shows and events in the 80's pickings were mighty slim as was dependability. Now with all it's problems it offers one of the largest coin sales and purchase platforms, if not the largest, available today. Oh yes, I have had many gripes about their changes, but probably so do we all with Walmart, Amazon, Lowes, etc. It's just not our business to run. It is still the first place I go when I sit down at the computer each day. JMO
Jim
If I'm looking to buy something, coin related or not [more often it's not] eBay is my go to source over Amazon.
I always check eBay, Amazon and Walmart. 10 years ago, Amazon was the cheapest. These days, more often than not, both Walmart and eBay are cheaper.
Speakin a eBay have they seriously reduced categories for which one can earn eBay bucks? I have bought quite a few items via eBay [nothing really pricey] but I still owe them 22 cents in bucks for something I returned more than a year ago. FWIW eBay bucks has mostly ZERO influence on my decision to buy or not.
They essentially eliminated then a couple years ago
Comments
Lots of people call eBay "feebay" or "feepay" or some other silly thing but I've never seen GC called "Greedy Collections" or anything at all like that. I wonder why?
{I heard this morning on CNBC}
What's next? Getting advice on coin collecting from "The View" ?
"When they can't find anything wrong with you, they create it!"
If I'm looking to buy something, coin related or not [more often it's not] eBay is my go to source over Amazon.
I don't disagree with you in terms of the other auction houses. They all take more than one can benefit in terms of value IMO. Did not know CC fees are in the 8.7%. Good to know, but margins are still tight..............
Maybe it's because their fees and services are more reasonable than the other major auction companies?
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
God help us!
Maybe they can add the view sticker to the slab right next to the cacs sticker. lol THKS!
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?
Yep. That's kind of the point. Not that some people will admit it.
Let's get back on topic
.
.
"She comes out of the sun in a silk dress,
running like a water color in the rain...."
Speakin a eBay have they seriously reduced categories for which one can earn eBay bucks? I have bought quite a few items via eBay [nothing really pricey] but I still owe them 22 cents in bucks for something I returned more than a year ago. FWIW eBay bucks has mostly ZERO influence on my decision to buy or not.
ty