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Pillar of the Community
Canada
4944 Posts |
Quote:
I'm trying to build stock to start a little business. Learning on the fly as I go. Would this be an online business, through a website or ebay? Or an actual shop? |
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Valued Member
 Canada
449 Posts |
More like a basement/web referal type business. I don't really want to do the ebay thing although I am at the moment, I always feel like I'm giving stuff away. Setting a reserve is too expensive, and even setting a starting price gets expensive. I have a big ticket item listed currently, and to set a $3500 reserve, it cost $35 right off the bat. Let me clarify that. At the moment, just starting off, it is a tight line for me. To lose (or pay) extra fees decreases the bottom line for me. I realize that it is the vehicle that allows me to sell, but add up the cost of the listing and the wholesale - 10-15% that peeps are paying, equals just over break even. That's all I'm saying. Edited by secoinedchance
01/22/2012 9:27 pm
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Pillar of the Community
Canada
1984 Posts |
This is a bit off topic for the forum, but many here that care about ebay. Why not list your expensive items with reserves using your monthly free listings? If you manage things with the free listings and the usual monthly "list it free" day or two you can list maybe 200 things without ever paying listing fees..... |
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Valued Member
Canada
449 Posts |
There's still things I need top learn about ebay for sure. I wouldn't have normally listed the mentioned big ticket item, but I had a bad experience with an "agent" if you will, so I figured that ebay would be a good place to get it the attention I need to sell it. Don't get me wrong, I think ebay is an awesome tool. I don't have the savvy at the moment to use it p[roperly I guess. I thought too that it always costs to set a reserve. 1% of the reserve and final selling fee as well. |
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Pillar of the Community
Canada
1984 Posts |
I am not sure when you get 50 free listings a month, but it is pretty quick out of the gate. Use those for the reserve items if I were you. Then you only pay on success. Not many $3500 items sell on ebay though, especially from new sellers. You will need great photos and a brave buyer....it is over the paypal insurance limit. At that price point I would consign to a major coin auctioneer.....talked about in other strings......... you will pay 25% commission or so but it will sell at fair market value. |
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Valued Member
Canada
449 Posts |
It's not a coin. It's (I'm not sure if this is allowed so I'll be vague) a piece of Canadiana. I'd like for it to stay in Canada, so I'm giving Canadians a chance to bid on it. Otherwise it would've (who knows, still might be no bids as of yet.) been sent to the states to a large auction house and sold there.
Edited by secoinedchance
01/22/2012 10:14 pm
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Pillar of the Community
Canada
1733 Posts |
If it was Canada's first nuclear bomb, I have this friend in Iran... my people will call your people.
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Valued Member
Canada
449 Posts |
 .....NO! It's the working prototype of the long gun.........:) But seriously.....when I bought the first fishscales and you asked to see them Ugly, I went to email you to send you the pic and was told I wasn't allowed because 90% time new memebers email other members to skirt the rules...... Edited by secoinedchance
01/22/2012 10:17 pm
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Pillar of the Community
Canada
1984 Posts |
People here are always interested in Canadiana...including me! Seriously, what kind of Canadiana thing are you looking to sell....a letter.....piece of militaria...?
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Valued Member
Canada
449 Posts |
I seriously hope I don't get in trouble. It's a signed first edition Maclelland and Stewart printing of Rilla of Ingleside by Lucy Maud Montgomery. Dated Nov. 25th 1921.
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Pillar of the Community
Canada
1733 Posts |
You'll be up to fifty in no time, it's more to make sure people are here to share the joy and not milk the contacts and I for one actually appreciate it for the most part. It's a great community with a wide knowledge base.
Even the arms dealers have a sense of humour here.
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Valued Member
Canada
449 Posts |
I know, and I realize it's there for a reason, just caught me off guard is all.....
P.S. this is 51! YAY....:)
Edited by secoinedchance
01/22/2012 10:30 pm
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Pillar of the Community
Canada
1984 Posts |
I dont care enough about the author to pay that kind of price. Have a place in PEI but to me she is schmaltz. But D E Lake in Toronto is a reputable dealer in this kind of stuff. They have regular auctions of rare Canadiana books. Montgomery is a decent seller I think.
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Valued Member
Canada
449 Posts |
Yes she is, but like said in an earlier post, I've had a weird experience with an "agent" who asked for 50% of the selling price, which would've been wholesale anyways, because it was to another dealer, for basically, setting up a meeting with this other dealer. This book is part of my inheritance, and I know the value of it to the right person. I felt like this agent thought that I had just fallen off the turnip truck or something. 50% of wholesale pricing....! I turned around and told him that I wouldn't be willing to go any more than 25% and it would have to be fair market value price. Needless to say, I never heard from him again, which is fine.
P.E.I is beautiful. Spent a week in New Glasgow. Played 36 holes a day......what an awesome place.
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Pillar of the Community
Canada
1984 Posts |
This kind of material is always tricky. There is a "wholesale" price and a "retail" price. But it is a thin market. It could sit on a dealer's shelf for years. I would not be too harsh about criticizing a cash buyer of the book at a decent price. While it theoretically might have a big retail value, she is not Hemmingway. I would ask someone like Lake what they think it would sell for or what they would pay for it.
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Replies: 20 / Views: 2,417 |
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Posted 01/22/2012 9:24 pm
