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Replies: 22 / Views: 3,834 |
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CCF Advertiser
United States
1533 Posts |
ebay fees top out at $400. I think there is no ceiling on Paypal fees though. ebay is actually a pretty good place to sell high value coins.
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Pillar of the Community
United States
8715 Posts |
Should be for sale at Stack's Bowers/Heritage/Legend/Great Collections. Not ebay. Even if I had that much money, I would never purchase something with that high value on ebay.
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Moderator
 United States
54282 Posts |
reserve not met! reserve is not disclosed. Description says appraised at $7.5 million. ebay fees are capped, so will be much cheaper to sell no buyer's premium, so will be theoretically cheaper to buy Payment terms: Paypal 5,000 deposit, then seller requires a wired payment of the balance.
Edited by nss-52 04/06/2018 11:29 am
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Bedrock of the Community
13014 Posts |
Quote:. Even if I had that much money, I would never purchase something with that high value on ebay. Why not, that's just silly not to just because of some stigma. They're easily traceable and from a real seller. If the market was there you'd see ebay flooded with listings like this since the fees are capped
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Pillar of the Community
United States
2815 Posts |
Quote: eBay fees are capped, so will be much cheaper to sell no buyer's premium, so will be theoretically cheaper to buy Yeah, this definitely benefits both parties.
Edited by Darth Morgan 04/06/2018 4:05 pm
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Bedrock of the Community
Australia
21788 Posts |
ebay fees cheaper than Heritage auction fees. Much more important:- You have to know the reputation of the seller. If someone had the money to buy and was interested, and the reputation of the seller not known, the next obvious step would be to fully investigate the seller's reputation. That is one of the reasons why Heritage fees are high. At this price level, I would also verify the slabs. The TPGrader should be able to confirm.
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Pillar of the Community
United States
2589 Posts |
Think of all the additional traffic that's being driven to his other auctions merely because of this one listing
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Bedrock of the Community
United States
17884 Posts |
Quote: Payment terms: Paypal 5,000 deposit, then seller requires a wired payment of the balance. Hmmm, I see an interesting scam possibility. Accept the offer, get the $5000 PayPal deposit, then get the wired balance, and don't ship anything. PayPal has the buyers back, for $5000. The buyers on the hook for the rest of it. Of course if the seller gets caught its wire fraud.
Edited by Conder101 04/07/2018 09:40 am
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Bedrock of the Community
United States
10982 Posts |
It's being sold through Barry Stuppler.
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Forum Dad
 United States
24171 Posts |
Quote:I would never purchase something with that high value on ebay. It's Barry Stuppler. If I wanted it and had the money I wouldn't hesitate one second.
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Pillar of the Community
United States
2815 Posts |
Quote: Hmmm, I see an interesting scam possibility. Accept the offer, get the $5000 PayPal deposit, then get the wired balance, and don't ship anything. PayPal has the buyers back, for $5000. The buyers on the hook for the rest of it. Of course if the seller gets caught its wire fraud. That's really S-T-R-E-T-C-H-I-N-G it, if you ask me.  Quote: It's Barry Stuppler. If I wanted it and had the money I wouldn't hesitate one second. ...and because you said this, I wouldn't hesitate either. 
Edited by Darth Morgan 04/07/2018 10:51 am
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Bedrock of the Community
Australia
21788 Posts |
Bobby131313 is right. I don't know the seller, but he does. That is a basic due diligence first step completed, in checking the reputation of the seller, before submitting a bid.
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Bedrock of the Community
United States
10982 Posts |
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Pillar of the Community
United States
4211 Posts |
Wow...$6 million plus $ and still short of the reserve.
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Pillar of the Community
United States
2023 Posts |
Appraised at $7.5M, reserve above $6M. It's not unreasonable to not accept that "loss", or the seller set an absurdly high reserve in order to see what bidders are willing to pay.
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Replies: 22 / Views: 3,834 |
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