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 Replies: 34 / Views: 4,317 |
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Valued Member
 Belgium
186 Posts |
Quote:
But if you want, continue to disparage what you don't understand. I've perfectly understood your point, bobby. The original question was whether this coin was genuine since its price made me suspicious, found out it was. Edited by TheCoinDom
02/17/2018 7:59 pm
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Bedrock of the Community
Australia
21788 Posts |
I guess that to use ebay for advertising (marketing / price research?) is OK, provided that you pay ebay fees. Morally you should pay a fee, if you take advantage of the service offered. |
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Pillar of the Community
United States
4233 Posts |
Quote:
Nothing unscrupulous about it at all. I in no way intended to accuse the seller of being unscrupulous, merely pointing out in reference to the ~$7,000,000 coin that they have a large number of big ticket items and seem to be shooting for the moon on many of them. If it works for them as a pricing strategy, go for it. They have another >million dollar item and several in the hundreds of thousands, so it appears that they indeed expect buyers to process amounts in that range through ebay. But who knows. |
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Forum Dad
 United States
24170 Posts |
Quote:They have another >million dollar item and several in the hundreds of thousands, so it appears that they indeed expect buyers to process amounts in that range through ebay. But who knows. Please read my post, the seller does not expect that even remotely. |
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Valued Member
United States
383 Posts |
Here's my take on this guy. The seller most likely doesn't own ANY of the coins he's offering on ebay... what he does is list coins that other dealers own and are actually advertising on their websites at a lower price. He jacks his price up, so if you do purchase from him, he'll purchase the coin from the dealer, then turn around and ship it to the actual buyer. He's been doing this for several years now... ET |
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Valued Member
United States
383 Posts |
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Pillar of the Community
United States
8715 Posts |
EarlyTurban, I'm thinking that as well.
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CCF Advertiser
United States
1533 Posts |
He also seems to think this is a 1795 off center variety dollar. it is not. This is the centered variety.
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CCF Advertiser
United States
1533 Posts |
ebay is actually a good place to sell high value items as final value fees cap out at $750 while an auction commission does not.
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Pillar of the Community
United States
1475 Posts |
Quote: Here's my take on this guy. The seller most likely doesn't own ANY of the coins he's offering on ebay... what he does is list coins that other dealers own and are actually advertising on their websites at a lower price. He jacks his price up, so if you do purchase from him, he'll purchase the coin from the dealer, then turn around and ship it to the actual buyer. He's been doing this for several years now.. Bingo! super high price can also used to sell other items seller is offering since many of us sort search results by "highest to lowest" price and one would tend to look at $7,000,000 coin advertised. It's a fishing scheme. |
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Pillar of the Community
United States
4233 Posts |
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Pillar of the Community
 United States
4593 Posts |
Look the reason you post these things is so we can all be snarky and point out that for almost $7M I expect the blasted coin to be hand delivered by a chauffer in a tux, not $15 s/h...
-----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/ |
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Pillar of the Community
United States
1211 Posts |
I'm with Bobby on this one. I don't understand the point of posts like this. What difference does it make if the seller asks moon money for coins? I also don't see what you don't understand about the listing. He is obviously using the make an offer approach and getting publicity with the crazy prices.
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Pillar of the Community
United States
7375 Posts |
Quote:
final value fees cap out at $750 Yes, and $250 if you have a store. Paypal fees don't cap though, something to consider. 3% can add up at high values. |
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Valued Member
Russian Federation
417 Posts |
Saw this coin time ago on ebay, what is the real price of it? |
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Replies: 34 / Views: 4,317 |
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Posted 02/17/2018 8:12 pm
