Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Specializing in Modern Numismatics Vancouvers #1 Coin and Paper Money Dealer Join Thousands of Coin, Bullion, & Money Collectors 300,000 items to help build your collection! Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Royal Estate Auctions - $1 Coin AuctionsCoin, Banknote and Medal Collectors's Online Mall








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

Holy Someone Lend Me 88,000 Please

To participate in the forum you must log in or register.
First Page  Showing last 15 replies.
Author Previous TopicReplies: 25 / Views: 3,316Next Topic Page 2 of 2
Pillar of the Community
United States
781 Posts
 Posted 10/08/2011  02:54 am  Show Profile   Bookmark this reply Add jedichef to your friends list
Why dont we all pool our money and we all get a proportionate amount by weight?
Pillar of the Community
United States
781 Posts
 Posted 10/08/2011  03:02 am  Show Profile   Bookmark this reply Add jedichef to your friends list

Quote:
so I can live bicuriously through your search

i think you mean vicariously "bicuriously" is totally different.
Rest in Peace
United States
4849 Posts
 Posted 10/08/2011  03:17 am  Show Profile   Bookmark this reply Add johnny54321 to your friends list

Quote:
i think you mean vicariously "bicuriously" is totally different.


Rest in Peace
United States
4078 Posts
 Posted 10/08/2011  07:16 am  Show Profile   Bookmark this reply Add bpoc1 to your friends list
Eric, you should change your word. It could be embarrassingly funny.
Pillar of the Community
United States
2049 Posts
 Posted 10/08/2011  09:31 am  Show Profile   Bookmark this reply Add CoinHunter53562 to your friends list

Quote:
Ebay and Paypal take somewhere in the neighborhood of 15% of the sale price. If he sold them for $88,000 he would only receive around $75,000. Under your estimates he would lose $5000. Since shipping is free he is also losing several hundred more dollars. He'd have to be under 3 cents each for this to pay off.


Good points. That's what I get for posting late at night lol. Thanks for the corrections! :)
Rest in Peace
United States
5375 Posts
 Posted 10/08/2011  09:42 am  Show Profile   Bookmark this reply Add coinguybrian to your friends list
I laughed out loud at the 'bicuriously' too...
Rest in Peace
United States
4849 Posts
 Posted 10/08/2011  11:59 am  Show Profile   Bookmark this reply Add johnny54321 to your friends list

Quote:
Coinhunter,

ebay and Paypal take somewhere in the neighborhood of 15% of the sale price. If he sold them for $88,000 he would only receive around $75,000. Under your estimates he would lose $5000. Since shipping is free he is also losing several hundred more dollars. He'd have to be under 3 cents each for this to pay off.


This isn't quite true. ebay fees get exponentially lower percentage wise the higher the price. Paypal is constant, but it's only a couple of percent. He would really only lose 3-4% total to fees, which is a huge advantage to selling bulk.
Valued Member
United States
397 Posts
 Posted 10/08/2011  8:06 pm  Show Profile   Bookmark this reply Add schockergd to your friends list
I'm trying to convince a few investor friends of mine to let me buy the lot and sell it off by the pound.

And no , the guy is NOT from realcent, they've been talking about the lot too. I think he's from one of the big coin forums (not this one though).
Moderator
Learn More...
United States
16679 Posts
 Posted 10/08/2011  8:14 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list
Shipped to your home by Big Rig.
Can you imagine your neighbors!
"Hey Dave, what you got there?"
"Nothing, mind your own business!" :o
swcoin.ecrater.com
Valued Member
United States
460 Posts
 Posted 10/08/2011  9:40 pm  Show Profile   Bookmark this reply Add dumprat to your friends list
Here are the fees breakdown...

Insertion = $0.50
FV Fee = $1802.50
PayPal = 2552.30
Total = $4355.30

It would save him money if he did this as a auction instead as FV Fee would only be $100 max so he could lower it by $1700 right there. I wonder how low of a best offer he would take?
Bedrock of the Community
United States
10635 Posts
 Posted 10/08/2011  9:51 pm  Show Profile   Bookmark this reply Add merclover to your friends list
You ready want this guys leftovers? I'd bet there isn't one decent coin left in there.
Bedrock of the Community
United States
10635 Posts
 Posted 10/08/2011  10:01 pm  Show Profile   Bookmark this reply Add merclover to your friends list
The only "value" I see in these coins is to buy the lot and re-sell them on ebay by the pound as your Grandpa's long lost unsearched hoard.
Bedrock of the Community
United States
10635 Posts
 Posted 10/08/2011  10:34 pm  Show Profile   Bookmark this reply Add merclover to your friends list
You could sell them as your Grandfather's long lost hoard of pennies he started after returning from WWI and no one has set eyes on since before Ike was president, the same hoard of pennies everyone believed was lost in the great flood of '58. Yessir, GURANTEED to be unsearched, never mind I sell coins for a living.

Pillar of the Community
United States
968 Posts
 Posted 10/09/2011  01:59 am  Show Profile   Bookmark this reply Add Saruma to your friends list
I totally forgot that the ebay fees drop of considerably after the first $100 or so (forget the exact amount). Still, I think his margin is too low to make this worth while.
Valued Member
United States
87 Posts
 Posted 10/09/2011  5:02 pm  Show Profile   Bookmark this reply Add 4033ryan to your friends list
Geez how could he save so many!
Page 2 of 2   Previous TopicReplies: 25 / Views: 3,316Next Topic Page 2 of 2
First Page  Showing last 15 replies.
To participate in the forum you must log in or register.


    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.27 seconds to rattle this change. Forums