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Replies: 28 / Views: 4,024 |
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Bedrock of the Community
United States
17884 Posts |
Another problem is that a LARGE number of collectors no longer have any confidence in themselves and can no longer bring themselves to buy anything that hasn't be blessed by either PCGS or NGC. Doesn't matter what it is, doesn't matter if the TPG is correct or not, it just has to be in their slabs before they will open their wallets.
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Pillar of the Community
United States
4901 Posts |
Maybe it's more the collector's lack of confidence in the sellers with all the cleaning and dipping of coins and picture manipulation out there..
...and the fact that it is listed on the NGC price guide (which is usually a tad high) at $19.20 in MS60 to $28.80 in MS63 (graded specimens)
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Bedrock of the Community
United States
10047 Posts |
I admit the first thing I noticed, and it would keep me from bidding if I needed one of these, was the two hits right in front of his face. Comparing other prices on ebay I could get a comparable price on a coin without this as an issue. That's also the problem sometimes with pictures: they tend to emphasize problems to a greater degree than what a coin looks like in hand.
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Pillar of the Community
United States
8521 Posts |
Start the bid at 99 cents, free ship.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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Pillar of the Community
 United States
2424 Posts |
With my luck starting at .99 I usually don't even get close to what I want for it
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Pillar of the Community
United States
8521 Posts |
People wanna feel like they have a shot at a bargain. With a 20 dollar start, they just cruise right on by your listing.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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Pillar of the Community
United States
979 Posts |
Use free shipping, add the price of shipping to the item. Statistics show it's better that way, PLUS free shipping comes up more in searches. More advertising means better sales, marketing 101! I aslo start listings at $0.01, because then I get more watchers, more bidders, and they all get notifications when they get outbid! It was a risk at first, but I find items go for what they should, IF you post on the right days (thursday evening, or sunday evening)
Edited by Broseph 02/06/2013 6:57 pm
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Bedrock of the Community
United States
36878 Posts |
The 1948 franklin listed on ebay I do not feel is a Gem BU as listed or even an MS-63. The coin appears to have friction on the high points and dull lifeless luster.
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Pillar of the Community
United States
1227 Posts |
I am going to add to what everyone else is saying and say this is my opinion of your description (harsh, but true): "*yawn* Just another guy pawning off crap who doesn't actually care what he's got. Moving on." You need to be, as your high-school English teacher might have said, LIVELY!! Look at the difference in the following two lines of copy: Blowout sale. Store closing. Everything must go. Blowout SALE!! Store Closing--EVERYTHING must GO! Does one of these catch your attention more than the other? You bet. Does one of them make you want to take a nap? It sure does for me. You've got to spend to make--in this case, spend time to make money. Here is how I would describe this coin, if it were mine and I were selling it on the Bay (based on your pictures): BEN FRANKLIN 1948 P SILVER HALF DOLLAR UNC A stunning example of a first year of issue, this 1948 Benjamin Franklin half-dollar is a well-struck specimen from the Philadelphia Mint. Honoring one of our Founding Fathers and struck in 90% silver, the design proudly displays a bust of Franklin on its obverse and a rendering of the iconic Liberty Bell on its reverse. In-hand you will discover this coin features the coveted Full Bell Lines and strong, well-struck features on both obverse and reverse. The Benjamin Franklin half series is both entertaining and profitable to collect; spanning only 15 years, the set is easy to complete and, thanks to its silver content, is guaranteed to always hold value. You may bid on my items with confidence--[all coins are sent via registered USPS first-class mail, and if you are dissatisfied with this coin at any time within 7 days of receiving it, you may return it for a full refund less postage*]. However, I wouldn't stop here--I'd take some closeup photos of those FBL. Now take a look at what I wrote: is it inaccurate? Based on your photos, nope. Is it LIVELY? Sure thing. There are strong, clear clauses. It sounds confident and it makes judicious use of adverbs and adjectives, two words that both start with "ad" because they help you to ADvertise (okay, that's not really why, but it's a useful mnemonic). If you can build the skill to write this way, it will be incredibly useful--I landed both of my last two jobs with the ability to write copy. You're not putting words in the buyer's mouth with leading phrases like "I'm sure you'll agree that" or "as you can see" which will turn a buyer off (you know where you hear those lines? HSN and infomercials for solutions-looking-for-a-problem like ShamWOW and The Perfect Pancake. Trust me, you do not want to sound like that). And finally, you are practically guaranteeing a real, reliable version of the coin--with that all-important line: YOU CAN RETURN THIS COIN IF YOU'RE UNHAPPY. That is just as much a marketing gimmick as anything else. *The part in brackets is a return policy I recommend. You may obviously have different return guidelines than I do, but they should be stated in the same way: in clear, simple clauses and with the buyer's confidence being bolstered by your confidence in offering this policy.
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Pillar of the Community
United States
1208 Posts |
Start your bidding at .99c and people will fight over it, eventually driving the price up. Edit:And if I might be so bold, hopefully without you taking it personally... I am a buyer, not a seller, and that makes me your key audience. I have looked at your CC listings and felt they were high and overgraded. Since your listings have been up, I have bought from others, including Indian Gold Eagle, who responded above, and really knows his stuff. It's not that you don't have coins I am interested in, but if I see one ad that is off in starting price and/or grading, I tend to ignore the other listings from the same seller. Sorry for the brutal honesty, but I am the market you are speaking to. What the others have said about silver in the title, starting the bid low, and free shipping are all true too. I get on ebay and set search filters looking for the low start and free shipping. Not so much for 'silver' in the listing though. That tends to draw in the fad bidders and run the price up, but I guess that is good for you. As for hyping the ad like a car salesman, as suggested in the previous post, the more hype in the ad, the further I avoid it. Be honest, don't use all caps and exclamation points, but don't go the other direction and use all lower case either. If you hype it TOO MUCH, as the previous suggestion, people WILL notice every flaw instantly and write you off as dishonest. An obvious flaw like a hit on the nose becomes 10x the problem if you are talking about 'Full Bell Lines". First thing I am thinking if I read that is "Doesn't he notice the nose?!?" On this one, I wouldn't point out the nose or the FBLs, and just be honest. To point out either is foolish because it only draws attention to the problem. I am not sold on giving a history of the coin series either. The people buying your coin will KNOW things like what years it was made and other historical trivia. To give a technical history lesson on the Franklin half as the description of the coin in hand would just make me feel like I am being talked down to as a coin collector. A serious buyer is not interested in being told what he knows, like "This is the first year of the series", "Benjamin Franklin is on the obverse"(DUH!), or "It was made at the Philidephia Mint". Leave that sales pitch to the HSN guys on cable TV, it doesn't work on ebay where there are literally 17,000 other halves being sold along side yours.
Edited by ratio411 02/07/2013 08:54 am
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Valued Member
273 Posts |
Yes, Silver in the title, FBL in the title too, since you have them! For a "sure sale" at a decent price, running this as an auction starting at 99 cents would have done it. Otherwise patience and time.
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Pillar of the Community
United States
1227 Posts |
Ratio, if what I wrote is your idea of "overhyped," I'd hate to see your idea of "boring." I helped to run an e-business on the Bay for over a year and here's the facts, Jack: people pass on boring, "look at pics bid if you want" auctions. I've gotten used to accepting them from my regular coin guy, but you know what . . . . the first thing I bought from him had a sprightly description that included a reference to the history of the Canadian large cent. You seem to be suggesting that a description that screams "I JUST DON'T CARE" is good. I would highly beg to differ. Here are more facts: not everybody looking at this coin is going to be "a serious buyer." That lot I referenced above? I did an ebay search for "large cents," not knowing that they also existed in Canada, and it popped up at the top of the search, ending ten minutes later. It was $3 for eight coins, three of them from the reign of George IV, and they all looked relatively decent, so I read the short description and bit. From the moment I had the large cent in my hand, boom, world-history-coin bug. The Franklin is a coin where such a thing can happen--you search for "silver half dollar" meaning Kennedy, Franklin pops up, "huh, this is cool," BOOM, SALE. You may not like my description--I dashed it off in ten minutes at one in the morning, so it's not exactly a sparkling model of perfection. But you have to admit that taking the time to type one and actually look like you know what you're selling certainly looks better and more professional than going "I think it has full bell lines you grade" and walking away.
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Pillar of the Community
United States
797 Posts |
I think there is a fine line between "overhyping" and being boring. I always have good luck just stating a few brief facts about the coins (highlighting things about low mintages, or silver materials, or rarity if applicable). I then make every effort to describe the coin, highlighting any areas where the coin is above average while also highlighting areas where the coin might be deficient. I really appreciate when a seller goes the extra mile to honestly describe everything they can without being over the top. I don't want to hear random info about the coin series or somebody telling me what a great deal this coin is, or saying "L@@K at this great bargain!". Sometimes the flashy wording will attract people, BUT if they buy it and it doesn't live up to the "hype" when they receive it, you now have to mess around with a return and an unhappy buyer (who will likely tell others). I prefer listings that are to the point, have good grammar, and have a low starting price. I will pay attention to those much more than a flashy/wordy listing. I also tend to watch listings more that have a low start price because it is nice to see where the market bears the price at and they usually have lots more action to them.
Edited by spaceace 02/07/2013 4:10 pm
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Replies: 28 / Views: 4,024 |