Ebay Final Value Fee

mrearlygold · February 20, 2010 11:09AM

I saw post from coindeuce as follows ( this was in response to contursi's ebay listings )

""""""With the new feeBay fee structure starting next month, every one of these coins will have a flat $50 FV fee"""""

All non auction coins will be charged a $50 fee when sold now???

DNADave · February 20, 2010 11:11AM

I think its 10% max Final value fee above $500

BAJJERFAN · February 20, 2010 11:20AM

<< I think its 10% max Final value fee above $500 >>

I think I'd quit buying just because I feel like eBay is screwing its sellers.

coinman420 · February 20, 2010 11:21AM

i think the new FVF is 9% with a cap of $50. this is for .99 cent starting auctions. other formats remain the same. if i`m wrong on this please correct.

jdimmick · February 20, 2010 11:21AM

With the new fee structure coming, it looks to be 50 fee on all items selling at 560.00 or more give or take a few bucks. Unless you sign up with one of thier store programs, still going to be a lot higher than current.

stinkinlincoln · February 20, 2010 11:23AM

Its a wonder to me how any of you still mess with ebay.

Drop them and someone will fill the void.

AUandAG · February 20, 2010 11:24AM

<< With the new fee structure coming, it looks to be 50 fee on all items selling at 560.00 or more give or take a few bucks. Unless you sign up with one of thier store programs, still going to be a lot higher than current. >>

This is correct. Coins above $2k will actually be less than now. Hmmmmmmm, that won't help me much!
bob

SilverEagles92 · February 20, 2010 11:24AM

I quit eBay and PayPal over a year ago.

Haven't looked back since.

jdimmick · February 20, 2010 11:29AM

2k is about right, just a little over 1900 is break even from the current fee. I had been selling about 100 plus items a month, but very few were over 1900.00 bucks that would take advantage of the flat 9%.

jim

Russ · February 20, 2010 11:33AM

Russ, NCNE

TwoSides2aCoin · February 20, 2010 11:37AM

I have a friend doing my eBay. I told him I didn't like eBay, but he's assured me there is still room to grow my business with this venue. I'm not certain of that, but I am certain of one thing.... I have a Chinese Dollar being returned from Australia with a claim that it's fake.

eBay got their fees. Pay Pal got paid. This guy will get reimbursed, the guy listing my stuff will get 15% of the sale price , the postal service will get paid twice and I will end up with a coin that I'm pretty sure isn't fake.
I'm glad it was under a hundy.

DNADave · February 20, 2010 11:37AM

<< Its a wonder to me how any of you still mess with ebay.

Drop them and someone will fill the void. >>

I'd love to but fact is if I need cash quick, its still easy.

BST doesn't work unless you get lucky and find a buyer looking for something you happen to have.
Dealers....forget it here in Charleston.
Ebay....everything sells, every time, with 1 cent start, true auction.

RebelRon · February 20, 2010 12:31PM

<<

Russ, NCNE >>

RIPPOFF!!!

291fifth · February 20, 2010 12:49PM

<< Its a wonder to me how any of you still mess with ebay.

Drop them and someone will fill the void. >>

eBay is still the way to go ... higher fees and all. They have real buyers who don't bad mouth your coins. You have cash in the bank in just a few days.

Local dealers ... forget 'em ... and their lowball greysheet offers.

thisnamztaken · February 20, 2010 12:59PM

<<

Russ, NCNE >>

Thanks for the chart, Russ. I copied it to remind myself why I seldom list anything on eBay any longer!

Robb · February 20, 2010 1:32PM

<< I have a friend doing my eBay. I told him I didn't like eBay, but he's assured me there is still room to grow my business with this venue. I'm not certain of that, but I am certain of one thing.... I have a Chinese Dollar being returned from Australia with a claim that it's fake.

eBay got their fees. Pay Pal got paid. This guy will get reimbursed, the guy listing my stuff will get 15% of the sale price , the postal service will get paid twice and I will end up with a coin that I'm pretty sure isn't fake.
I'm glad it was under a hundy. >>

Your friend is either screwing you or doesn't know what he's doing. You should not be out the eBay and PayPal fees. Him keeping 15% of a now non-existent sale isn't exactly ethical either.

pennyannie · February 20, 2010 2:07PM

Even with the fee increase i still do better on ebay than selling at a show to a dealer or walking into a B@M. When it cost 95 dollars to sell a 100 coin on ebay i may decide to quit and sell to dealers.

notwilight · February 20, 2010 2:30PM

Is the chart for auctions only or does it apply to BIN?

--Jerry

ProofCents · February 20, 2010 2:38PM

At this rate it won't be long before it cheaper to through Heritage than eBay

AU58WALKERS · February 20, 2010 3:03PM

<< At this rate it won't be long before it cheaper to through Heritage than eBay >>

BUT...not yet!

TwoSides2aCoin · February 20, 2010 3:23PM

<< 

Your friend is either screwing you or doesn't know what he's doing. You should not be out the eBay and PayPal fees. Him keeping 15% of a now non-existent sale isn't exactly ethical either. >>

The fees were paid when the transaction was complete. The 15% is just added up over the month on total sales. A few bucks here or there isn't a screwing, it's an administrative nightmare. That's part of business and we will straighten that out. It's not unethical. We are friends.

TCoins · February 20, 2010 5:35PM

What a great line---------"It's not unethical. We are friends."

TwoSides2aCoin · February 20, 2010 11:20PM

<< What a great line---------"It's not unethical. We are friends."

>>

Those are two lines.

Both are true.

Robb · February 20, 2010 11:23PM

<< 

<< 

Your friend is either screwing you or doesn't know what he's doing. You should not be out the eBay and PayPal fees. Him keeping 15% of a now non-existent sale isn't exactly ethical either. >>

The fees were paid when the transaction was complete. The 15% is just added up over the month on total sales. A few bucks here or there isn't a screwing, it's an administrative nightmare. That's part of business and we will straighten that out. It's not unethical. We are friends. >>

How you guys work the cut for him is between the two of you but he will get the fees back from eBay and PayPal. He either doesn't know how to go about getting the fees back or does and is pocketing it.

TwoSides2aCoin · February 20, 2010 11:33PM

Thank you Robb, but I don't want this to be a soapbox for a dying friend. Okay ?

edit to try and get the integrity of the thread back.

<<

Russ, NCNE >>

CEOGBOSE · February 21, 2010 1:34AM

I know many will not appreciate the plug here so I'll apologize first but if I don't tell you won't know. I've built an auction platiform equivalent to ebay with very small FVF and an option for a free custom store. Click the link and take a tour can't hurt.

CoinSpace Auctions

mkman123 · February 21, 2010 1:56AM

ebay is getting out of hand!!

Connecticoin · February 21, 2010 2:13AM

<<

Russ, NCNE >>

What a screw job. Monopoly power at it's worst.

seemyauction · February 21, 2010 2:38AM

<< 

<< Its a wonder to me how any of you still mess with ebay.

Drop them and someone will fill the void. >>

I'd love to but fact is if I need cash quick, its still easy.

BST doesn't work unless you get lucky and find a buyer looking for something you happen to have.
Dealers....forget it here in Charleston.
Ebay....everything sells, every time, with 1 cent start, true auction. >>

I quit when I took over 3k in losses in one month due to claims that items were not received. All payed with paypal. I had to pay the cosigner, the items were not returned..........Now I sell on AuctionZip.com, no fees, 85K registered users and growing every day, over 1 million unique viewers per month. Some will make the arguement ebay has more buyers traffic, yes they do, but AuctionZip's traffic has continued to grow since they started, ebay is on a downward traffic trend.

Bottom line ebay will fetch crazy money, but you have to put up with crazy bidders and give them 10-15% (depending on how ya list)......I'm happy with fair market value and bidders that are pleasent to deal with.

Russ · February 21, 2010 6:46AM

<< Now I sell on AuctionZip.com, no fees, 85K registered users and growing every day, over 1 million unique viewers per month. >>

That's nice, but eBay has 100 times that many users, and gets 100 times that in traffic. The fact is that there are no viable auction alternatives to eBay. There are plenty of alternatives, but on a relative basis they are dead.

Russ, NCNE

Connecticoin · February 21, 2010 6:55AM

<< 

<< Now I sell on AuctionZip.com, no fees, 85K registered users and growing every day, over 1 million unique viewers per month. >>

That's nice, but eBay has 100 times that many users, and gets 100 times that in traffic. The fact is that there are no viable auction alternatives to eBay. There are plenty of alternatives, but on a relative basis they are dead.

Russ, NCNE >>

And it seems to me that eBay is intent of killing their auction business to be more like Amazon. Sounds like a stupid business straegy to me, the auctions are what makes Ebay distinct from Amazon, and should continue to be profitable (under their current fee structure) with competent management. But maybe the underlying executive strategy is to get acquired by Amazon and cash in. All speculation, of course.

tmcsr69 · February 21, 2010 7:11AM

I also read that many credit card companies will be raising their transaction fees because of the new regulations. Paypal will have to raise their fees or eat the difference which we all know will not happen.

Ebay Final Value Fee

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