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Replies: 22 / Views: 2,802 |
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Forum Dad
 United States
24161 Posts |
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Moderator
 United States
96112 Posts |
Quote: $1 cost selling for $300 is a markup is 29,900% ok, My math has NEVER been any good. it is a $299.00 dollar mark up..  Bobby can you please show me the math on how to compute the percentage mark up?
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Forum Dad
 United States
24161 Posts |
Markup % = 100 * profit / cost
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Pillar of the Community
Canada
3328 Posts |
There was a Canadian loonie I reported a few days back listed the same as these, priced to sell and advertised as actual gold coins. Sellers all have 1 review and 0-1 sales. Looks like they pop up as fast as they go down.
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Forum Dad
 United States
24161 Posts |
There's nothing *technically* wrong with the listing to report since they are gold colored.
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Pillar of the Community
Canada
3328 Posts |
Quote: There's nothing *technically* wrong with the listing to report since they are gold colored. Even though they list the coins composition as gold?
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Valued Member
United States
425 Posts |
I have called up ebay before and talked to them about losing credibility as online selling for not policing some of these sellers. They are ruining the collecting hobby and I feel sorry for people who are not up to par on the collecting side. For sale rare 1972 Lincoln Cent with no mint mark. One left in my collection $1,200 rare. Come on! I know buyers beware. But still they should have a few guide lines on selling.
Edited by SaturnD51 04/26/2022 9:42 pm
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Forum Dad
 United States
24161 Posts |
Quote: Even though they list the coins composition as gold? I missed that.  I'll take care of it. 
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Pillar of the Community
Canada
3328 Posts |
Quote: I missed that. I'll take care of it. 
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Pillar of the Community
4628 Posts |
ebay don't care, its all more success fees to them. Reasons why I avoid it like the plague or Covid 19.
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Pillar of the Community
United States
586 Posts |
Quote: the mark up is 300% not 100. What I meant is it is understandable for someone to sell a 2011 Sacagawea dollar for as much as $3 but not $300.
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Forum Dad
 United States
24161 Posts |
Quote: ebay don't care, its all more success fees to them. Well, it's gone.
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Valued Member
United States
266 Posts |
someone got it? Darn, I missed it. The Native American coin being mistakenly stamped on a gold planchet would have been very valuable.
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Pillar of the Community
Canada
3328 Posts |
Quote: someone got it? Darn, I missed it. The Native American coin being mistakenly stamped on a gold planchet would have been very valuable. I wasn't an error coin, it was just a regular dollar labeled as a gold coin.
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Pillar of the Community
United States
797 Posts |
I find it very amusing to look through ebay and Etsy to see what "rare coins" people listed for a million dollars. Thanks for posting, T-BOP.
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Replies: 22 / Views: 2,802 |
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