Home U.S. Coin Forum

ebay fees?

coolestcoolest Posts: 2,281 ✭✭✭
I just sold two items one sold for $500 and the other for $800.

I thought I did pretty well (almost break even) until I saw my ebay & paypal fees ($165.24).

After shipping I am paying over $200 for $1300 worth of sales, ouch.

I think I will try the BST before I go to ebay from now on.

Comments

  • LeeBoneLeeBone Posts: 4,830 ✭✭✭✭✭
    Yup, they`ll kill ya` image
  • tincuptincup Posts: 5,479 ✭✭✭✭✭
    That seems a little high... does that take into account the 3% PayPal fees?
    ----- kj
  • keyman64keyman64 Posts: 15,650 ✭✭✭✭✭
    12.7% OUCH! Thanks for the reminder to go bump my BST stuff. image
    "If it's not fun, it's not worth it." - KeyMan64
    Not really looking for much these days but if I were, it might be a toner. :smile:
  • CasmanCasman Posts: 3,935 ✭✭
    Let me guess, true auctions? BIN's are cheaper on the fees.
  • ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭
    The number of eyes, and thus the number of bids may well bring more than 12.7 % over a BST transaction, plus you have protection, and free advertising (the ebay auction itself).

  • slipgateslipgate Posts: 2,301 ✭✭
    I tried the BST route. Not much going on there. I think most people expect to get it for 1/2 what is costs on ebay or less or else "grey" sheet which I don't have access to nor am I a dealer (and they aren't either).

    Now if I put it on the BST at all, it is either a link to the Ebay auction or else I leave it for 24h and then go right to ebay.

    My Registry Sets! PCGS Registry
  • crypto79crypto79 Posts: 8,623
    I move most of the stuff I have ever put on the BST, but I price to sell not make a profit
  • LindeDadLindeDad Posts: 18,766 ✭✭✭✭✭


    << <i>Let me guess, true auctions? BIN's are cheaper on the fees. >>



    Are you sure on that I thought BIN final value fee were higher.
    A really handy fee calulater is Here.
    image
  • 123cents123cents Posts: 7,178 ✭✭✭
    Ebay and Paypal fees should be around $107.00.
    image
  • AUandAGAUandAG Posts: 25,029 ✭✭✭✭✭
    As a rule of thumb I just figure 17.5% in fees/shipping/Paypal.

    Not much fun and the BST is definitely the place to be!

    bobimage
    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
  • I think the fees are a bit to high, but what ya gonna do. Here is the best calc. that I have found to figure the fees

    link to fee calc.

  • eBay Fees:
    9.0% of the item's total cost to buyer with a maximum charge of $100.00.

    Pay Pal Fee:
    Around 3% plus

    Postage:
    Depends upon type of shipping and add ons

    His two sales of a total of $1300.00 Just eBay & Pay Pal $156.00 plus postage

    When I use the BST the price is GS Asked plus postage added in and if Pay Pay is used other than a gift I need to add 3%
    On the Bay it's opening bid of Asked plus 15% with free insure & Priority mail

  • RussRuss Posts: 48,514 ✭✭✭


    << <i>Let me guess, true auctions? BIN's are cheaper on the fees. >>



    Every time one of these threads is posted, they're chock full of misinformation. Just another example.



    << <i>eBay Fees:
    9.0% of the item's total cost to buyer with a maximum charge of $100.00.

    Pay Pal Fee:
    Around 3% plus

    Postage:
    Depends upon type of shipping and add ons

    His two sales of a total of $1300.00 Just eBay & Pay Pal $156.00 plus postage >>



    The eBay fee is 9% only if one doesn't have a store, and if one is going to be selling coins at these value levels the smart thing to do is get a store. With a store:

    $500 sale - $21.75
    $800 sale - $33.75
    PayPal - $38.30

    Total - $93.80

    Since a store is $15.99 a month, the savings on these two sales alone would have paid for three months.

    Russ, NCNE
  • Sage advice, but many don't qualify for a store.
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>Sage advice, but many don't qualify for a store. >>



    The only qualification for a store is paying the monthly fee.

    Russ, NCNE
  • rawteam1rawteam1 Posts: 2,472 ✭✭✭
    wow they doubled the max fee from $50 to $100...ouch that hurts...
    keceph `anah
  • I refuse to sell on FEEbay anymore

    the fees are ridiculous

    Maybe if they lowered the fee's on the sellers, they wouldn't have to offer the buyers free money back. Its a catch 22... charge the sellers too much and then the price has to be outrageous to make a few bucks. Then you have to offer free money back to the buyers to get them to buy.





  • << <i>

    << <i>Let me guess, true auctions? BIN's are cheaper on the fees. >>



    Every time one of these threads is posted, they're chock full of misinformation. Just another example.



    << <i>eBay Fees:
    9.0% of the item's total cost to buyer with a maximum charge of $100.00.

    Pay Pal Fee:
    Around 3% plus

    Postage:
    Depends upon type of shipping and add ons

    His two sales of a total of $1300.00 Just eBay & Pay Pal $156.00 plus postage >>



    The eBay fee is 9% only if one doesn't have a store, and if one is going to be selling coins at these value levels the smart thing to do is get a store. With a store:

    $500 sale - $21.75
    $800 sale - $33.75
    PayPal - $38.30

    Total - $93.80

    Since a store is $15.99 a month, the savings on these two sales alone would have paid for three months.

    Russ, NCNE >>





    Russ,
    You agreed the fees are 9% so where is the misinformation your taking about??
    My figures are not misinforming and do not say that they are if you would Please.

    Is is Not Very Polite to accuse me of misinformation. If you have another answer why not just post it and not
    accuse me of something. You could have and should just posted about the store without mentionig my post.

    Tiny
  • ormandhormandh Posts: 3,111 ✭✭✭
    I totally agree with Russ. I do not keep much in my store at any given time, but when I am able to put things up for auction it pays off. $16 is a pittance when you are going to be selling lots of material over a year's time. When my contracting work leaves me in the Fall, I start selling on Ebay.



    << <i>

    << <i>Let me guess, true auctions? BIN's are cheaper on the fees. >>



    Every time one of these threads is posted, they're chock full of misinformation. Just another example.



    << <i>eBay Fees:
    9.0% of the item's total cost to buyer with a maximum charge of $100.00.

    Pay Pal Fee:
    Around 3% plus

    Postage:
    Depends upon type of shipping and add ons

    His two sales of a total of $1300.00 Just eBay & Pay Pal $156.00 plus postage >>



    The eBay fee is 9% only if one doesn't have a store, and if one is going to be selling coins at these value levels the smart thing to do is get a store. With a store:

    $500 sale - $21.75
    $800 sale - $33.75
    PayPal - $38.30

    Total - $93.80

    Since a store is $15.99 a month, the savings on these two sales alone would have paid for three months.

    Russ, NCNE >>

    image


  • << <i>

    << <i>Sage advice, but many don't qualify for a store. >>



    The only qualification for a store is paying the monthly fee.

    Russ, NCNE >>



    eBay requires you have a credit card on file and have a verified Paypal account.
    Those are not qualifications necessary to sell on eBay outside of having a store.
  • robkoolrobkool Posts: 5,934 ✭✭✭✭✭
    OUCH !!! Another reason why I hate to sell on the bay... image
  • jt88jt88 Posts: 3,509 ✭✭✭✭✭
    Yeap, ebay/paypal charge about 13% together. It is very hard to make money on ebay.
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>

    << <i>

    << <i>Let me guess, true auctions? BIN's are cheaper on the fees. >>



    Every time one of these threads is posted, they're chock full of misinformation. Just another example.



    << <i>eBay Fees:
    9.0% of the item's total cost to buyer with a maximum charge of $100.00.

    Pay Pal Fee:
    Around 3% plus

    Postage:
    Depends upon type of shipping and add ons

    His two sales of a total of $1300.00 Just eBay & Pay Pal $156.00 plus postage >>



    The eBay fee is 9% only if one doesn't have a store, and if one is going to be selling coins at these value levels the smart thing to do is get a store. With a store:

    $500 sale - $21.75
    $800 sale - $33.75
    PayPal - $38.30

    Total - $93.80

    Since a store is $15.99 a month, the savings on these two sales alone would have paid for three months.

    Russ, NCNE >>





    Russ,
    You agreed the fees are 9% so where is the misinformation your taking about??
    My figures are not misinforming and do not say that they are if you would Please.

    Is is Not Very Polite to accuse me of misinformation. If you have another answer why not just post it and not
    accuse me of something. You could have and should just posted about the store without mentionig my post.

    Tiny >>



    You probably out to pay closer attention to the structure of my response. I didn't accuse you of anything.

    Russ, NCNE
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>

    << <i>

    << <i>Sage advice, but many don't qualify for a store. >>



    The only qualification for a store is paying the monthly fee.

    Russ, NCNE >>



    eBay requires you have a credit card on file and have a verified Paypal account.
    Those are not qualifications necessary to sell on eBay outside of having a store. >>



    eBay does require a credit card on file to setup a seller account and verifying a PayPal account, while not required, is recommended and takes a couple minutes. If one is going to sell regularly, it's silly not to have a store and take advantage of the fee savings.

    Russ, NCNE
  • derrybderryb Posts: 38,555 ✭✭✭✭✭
    for a non-store, buy it now final valuation fees are cheaper only if sale price is less than $120 or more than $2850.

    "A car is a tool that takes you from one place to another. Everything beyond that is a payment for other people's perception of you."

  • RussRuss Posts: 48,514 ✭✭✭


    << <i>for a non-store, buy it now final valuation fees are cheaper only if sale price is less than $120 or more than $2850. >>



    BIN is not a sales format, it's an add-on feature in an auction listing. If by "buy it now", you mean fixed price, the final value fees are not cheaper than auction final value fees under any circumstances.

    Edit: Just noticed you said "non" store. If you're talking about fixed price, you might be correct, (I'd have to crunch the numbers), since FP has a sliding scale even with no store.

    Russ, NCNE
  • airplanenutairplanenut Posts: 22,702 ✭✭✭✭✭


    << <i>Yeap, ebay/paypal charge about 13% together. It is very hard to make money on ebay. >>

    It all depends on the how you sell, as there are plenty of ways to minimize fees. Consider that if I sell a $200 item for someone, they only pay about 12% in fees, and that includes 5.5% going to me. If you're going to sell with any regularity, it is highly worthwhile to look into all selling options in a way to minimize fees. $16/month for a store is a bargain when the savings are factored in.
    JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research
  • ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭
    Russ, so if I only run 99 cent auctions, then there is no need for a store, is that correct?

    But, if I want to have a bunch of fixed priced items, then a store would save me on the fees of my fixed price (higher priced) items, correct?
  • derrybderryb Posts: 38,555 ✭✭✭✭✭


    << <i>If by "buy it now", you mean fixed price >>


    I believe "buy it now" is always a fixed price.



    << <i> If you're talking about fixed price, you might be correct, (I'd have to crunch the numbers) >>


    easiest to crunch them here for a good approximation

    "A car is a tool that takes you from one place to another. Everything beyond that is a payment for other people's perception of you."

  • OPAOPA Posts: 17,160 ✭✭✭✭✭


    << <i>

    << <i>Let me guess, true auctions? BIN's are cheaper on the fees. >>



    Every time one of these threads is posted, they're chock full of misinformation. Just another example.



    << <i>eBay Fees:
    9.0% of the item's total cost to buyer with a maximum charge of $100.00.

    Pay Pal Fee:
    Around 3% plus

    Postage:
    Depends upon type of shipping and add ons

    His two sales of a total of $1300.00 Just eBay & Pay Pal $156.00 plus postage >>



    The eBay fee is 9% only if one doesn't have a store, and if one is going to be selling coins at these value levels the smart thing to do is get a store. With a store:

    $500 sale - $21.75
    $800 sale - $33.75
    PayPal - $38.30

    Total - $93.80

    Since a store is $15.99 a month, the savings on these two sales alone would have paid for three months.

    Russ, NCNE >>



    You forgot the 20% kickback on the FVF that most of us qualify for.image
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>Russ, so if I only run 99 cent auctions, then there is no need for a store, is that correct?

    But, if I want to have a bunch of fixed priced items, then a store would save me on the fees of my fixed price (higher priced) items, correct? >>



    If you run only 99c auctions, and you never sell anything over $50 in value you may or may not need a store. Depends on the number of items you sell each month. However, if your average selling price is higher than that and you're moving quite a bit of material, you absolutely need a store. With a store, the FVF on auctions is graduated:

    Up to $50 - 7.5%
    $50.01 to $1000 - 4%
    Over $1000 - 2%

    No store, a flat 9% with a max fee of $100.

    On FP items, the insertion fee is higher by 30c without a store, but the final value fee is higher either way at most value levels.

    Russ, NCNE
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>

    << <i>If by "buy it now", you mean fixed price >>


    I believe "buy it now" is always a fixed price.



    << <i> If you're talking about fixed price, you might be correct, (I'd have to crunch the numbers) >>


    easiest to crunch them here for a good approximation >>



    No, buy it now is an addition to an auction listing and would have the same final value fees as auctions. Fixed price is a different format.

    Russ, NCNE
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>

    << <i>

    << <i>Let me guess, true auctions? BIN's are cheaper on the fees. >>



    Every time one of these threads is posted, they're chock full of misinformation. Just another example.



    << <i>eBay Fees:
    9.0% of the item's total cost to buyer with a maximum charge of $100.00.

    Pay Pal Fee:
    Around 3% plus

    Postage:
    Depends upon type of shipping and add ons

    His two sales of a total of $1300.00 Just eBay & Pay Pal $156.00 plus postage >>



    The eBay fee is 9% only if one doesn't have a store, and if one is going to be selling coins at these value levels the smart thing to do is get a store. With a store:

    $500 sale - $21.75
    $800 sale - $33.75
    PayPal - $38.30

    Total - $93.80

    Since a store is $15.99 a month, the savings on these two sales alone would have paid for three months.

    Russ, NCNE >>



    You forgot the 20% kickback on the FVF that most of us qualify for.image >>



    The discount is fickle and easy to lose. It should be considered nothing more than a bonus, and not factored in to a business plan.

    Russ, NCNE
  • derrybderryb Posts: 38,555 ✭✭✭✭✭


    << <i>]

    No, buy it now is an addition to an auction listing and would have the same final value fees as auctions. Fixed price is a different format.

    Russ, NCNE >>


    I wasn't clear enough. Buy it now comes in two flavors: with an auction (BIN option disappears with an opening bid), or as a BIN only (fixed price). When BIN is selected from the "fixed price" tab during listing creation, the final valuation fees for the BIN are less than for an auction (items below $120 and greater than $2850) than they would be for an auction or for an auction with a BIN. Fixed price selection during listing creation results in a listing with a Buy It Now only.

    "A car is a tool that takes you from one place to another. Everything beyond that is a payment for other people's perception of you."

  • MadMartyMadMarty Posts: 16,697 ✭✭✭


    << <i>You forgot the 20% kickback on the FVF that most of us qualify for. >>



    The discount is fickle and easy to lose. It should be considered nothing more than a bonus, and not factored in to a business plan.
    >>



    Very, all it takes is someone to hit you with a couple of 1s on shipping cost and your screwed!! I'm still going through reports to pin down who it was so I can block them!!
    It is not exactly cheating, I prefer to consider it creative problem solving!!!

  • RussRuss Posts: 48,514 ✭✭✭


    << <i>

    << <i>You forgot the 20% kickback on the FVF that most of us qualify for. >>



    The discount is fickle and easy to lose. It should be considered nothing more than a bonus, and not factored in to a business plan.
    >>



    Very, all it takes is someone to hit you with a couple of 1s on shipping cost and your screwed!! I'm still going through reports to pin down who it was so I can block them!! >>



    Yeah, I lost mine for several months due to dings in the shipping cost DSR, the only DSR with any dings at all.

    Russ, NCNE
  • ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭


    << <i>[

    Yeah, I lost mine for several months due to dings in the shipping cost DSR, the only DSR with any dings at all.

    Russ, NCNE >>



    I thought ebay thinks the US Post office ships stuff for FREE. Thus the stupid "free shipping" push from ebay.

    I have a 5.0 for the top three and only get dinged for charging shipping.
  • OPAOPA Posts: 17,160 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>You forgot the 20% kickback on the FVF that most of us qualify for. >>



    The discount is fickle and easy to lose. It should be considered nothing more than a bonus, and not factored in to a business plan.
    >>



    Very, all it takes is someone to hit you with a couple of 1s on shipping cost and your screwed!! I'm still going through reports to pin down who it was so I can block them!! >>



    Yeah, I lost mine for several months due to dings in the shipping cost DSR, the only DSR with any dings at all.

    Russ, NCNE >>



    I don't charge for shipping, as such, it's not an issue.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • OPAOPA Posts: 17,160 ✭✭✭✭✭


    << <i>I thought ebay thinks the US Post office ships stuff for FREE. Thus the stupid "free shipping" push from ebay. >>



    Why not...most major websites and retailers do offer free shipping on some items, eBay is just trying to even the odds. BTW for hardline items, because of the free s&h fees, I make my purchases through AMAZON which is less expensive for a similar items offered on eBay in 90% of the time.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • dac076dac076 Posts: 817
    Isn't it ridiculous to get low dsr's for shipping cost, when it's the only factor of the four dsr's that is known by the buyer up front?! As has been said here before, if you don't like the shipping charge, don't buy it! In reality, it shouldn't even be one of the measures, but we all know why Ebay includes it.

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file