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Another Paypal question

raysrays Posts: 2,424 ✭✭✭✭✭
Has anyone used paypal to pay for an eBay auction item in excess of $10,000?
There is a chain cent PCGS f15 I am thinking of buying. I would never send a check for that kind of amount without knowing who they are.

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    Coins101Coins101 Posts: 2,603 ✭✭✭
    As far as I know, the only issue (as long as your CC has that high of credit limit) will be for the seller. He won't get his money for a while as PP will put a hold on it to make sure the transaction goes smoothly.
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    LindeDadLindeDad Posts: 18,766 ✭✭✭✭✭
    Got to think there is a better way than to give PayPal $300.00 to move the money.
    Only way as a seller I would want to go that route is with a e-check.
    Of course I don't have any 10k coins to list.
    image
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    OPAOPA Posts: 17,163 ✭✭✭✭✭


    << <i>Got to think there is a better way than to give PayPal $300.00 to move the money.
    Only way as a seller I would want to go that route is with a e-check.
    Of course I don't have any 10k coins to list.
    image >>



    You can always go the auction house route....10% seller fees + 15% buyer fees....wait 30 days, if lucky, for your check.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
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    ianrussellianrussell Posts: 2,502 ✭✭✭✭✭


    << <i>

    << <i>Got to think there is a better way than to give PayPal $300.00 to move the money.
    Only way as a seller I would want to go that route is with a e-check.
    Of course I don't have any 10k coins to list.
    image >>



    You can always go the auction house route....10% seller fees + 15% buyer fees....wait 30 days, if lucky, for your check. >>



    Not every auction house charges those fees. (eg. for a $10k coin, we charge 0% for the seller, and 10% to the buyer).

    - Ian
    Ian Russell
    Owner/Founder GreatCollections
    GreatCollections Coin Auctions - Certified Coin Auctions Every Week - Rare Coins & Coin Values
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    RussRuss Posts: 48,514 ✭✭✭


    << <i>As far as I know, the only issue (as long as your CC has that high of credit limit) will be for the seller. He won't get his money for a while as PP will put a hold on it to make sure the transaction goes smoothly. >>



    PayPal will not put a hold on the money unless the seller falls below specific performance criteria.

    Russ, NCNE

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