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 Replies: 77 / Views: 9,390 |
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Pillar of the Community
United States
827 Posts |
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Pillar of the Community
 United States
717 Posts |
Monday mail delivery came & no Priority Post coins. Now, I won't get to post them for another week from today. I'm freaked out.
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Member
United States
703 Posts |
You were buying smooth rim errors and not gold certified coins, and You know it.
Pay the man, or you are the one committing breach of contract, IMO.
Call your broker the next time you get under water in the stock market and say you didn't really mean to buy that losing stock.
errrror
edit: oops sorry, only read the fist page
As for selling, If you want the most then start them at 99 cents.
Edited by Errorcoins
05/01/2007 1:28 pm
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Pillar of the Community
United States
717 Posts |
Errorcoins:
Again, I paid the seller instantly with Paypal.
Also, in connection with my "Buyer's Remorse," I was looking for a way out. I thought that the fact that he falsely lists his coins as "Certified," when they are not, & the fact that he posts an unconditional "Return Policy," which he refuses to honor, might help me retrieve my money.
Meanwhile, 8 day later & no delivery! This is a Florida to Florida Priority Post! (I just emailed him.)
Also, re: "As for selling, If you want the most then start them at 99 cents."
I'm so afraid that I might end up with 15 coins sold for $15. As I said, I can handle a $50-$100 hit, but not a $200-$800 hit.
Edited by yechi7
05/02/2007 01:34 am
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Pillar of the Community
United States
827 Posts |
doubtful they'd go for $15, last I saw they are hitting high 60's to high 70's, all depends on the day auction ends and time of it
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Forum Mom
 United States
5877 Posts |
The fact is that, when selling on ebay, bids beget bids. This means that the more bids you have, the more bids you will attract. If you start the coin at .99, you will get quite a few bids very early in the auction which will help you get more money for it in the long run. I start EVERYTHING at .99. This includes gold coins and rare coins with values in the thousands. I suggest using a gallery pic. You probably would be better to run the auctions for shorter periods of time, but I would not run them all at the same time. You end up stealing bids from yourself and selling each coin for a fraction of what you could have made. Just my Two Cents worth. |
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Pillar of the Community
United States
717 Posts |
I've got 15 to sell. How would you suggest to space them out? Each coin with a 3 day auction for 15 consecutive days doesn't sound right. Advice?
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Pillar of the Community
Canada
1106 Posts |
I think the old saying "Pee or get off the pot" applies here. Assuming you are putting one coin up at a time, ... 15 coins x 3day auction equals 45 days. Put two up at a time it's half that. Just put one up right away and see what happens.
Edited by chrycopaul
05/02/2007 03:15 am
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Pillar of the Community
United States
1840 Posts |
Do you think maybe investors in Enron had buyers remorse too? If you truly made a bad investment, use it as a tax deduction. quote:
I've got 15 to sell. How would you suggest to space them out? Each coin with a 3 day auction for 15 consecutive days doesn't sound right. Advice?
I'd sell on the weekend. I always find fewer bargains then. |
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Pillar of the Community
United States
717 Posts |
bobby131313& Susanlynn9: I respect your opinions & expertise. I've got 15 to sell. How would you suggest to space them out? Each coin with a 3 day auction for 15 consecutive days doesn't sound right. Advice? Other advisors: please feel free to offer opinions. Also, I'm anxious to sell out, if possible, before the next Presidential dollar release date: John Adams - May 18th, since I think people will start to focus on that & away from Washington coins. |
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Forum Mom
United States
5877 Posts |
While I don't like 3-day auctions as a rule, I can understand why you might want to do that. I wouldn't. I'd run them for 7 days each. If you are going to list for 3 days, I would list them 1 each. It would take 45 days to sell them all. The other thing you could do is overlap by a day so that you list the next one on the day before the auction ends. This would take less time. Keep in mind that the prices may go up a little once the next coin is released. It works that way sometimes. It may be worth taking a chance on that. Sometimes people don't notice the new series until the second coin; then they want to get the first one. Since you're selling errors, this could work to your advantage - especially if the Adams coins have errors of their own and then people want to start collecting the errors. I, personally, would take a chance on that, but as Bobby said, I tend to be very tenacious where ebay is concerned. I would start these at .99 with no reserve and a gallery picture. I would also run them for 7 days and not be in such a rush to sell them. Do not use a stock photo. Take nice clear pics of each coin. Stock photos will only hurt you. Even if you are not listing the auctions at the same time, people will notice that it's the same pic and you will see less for your coins. Good luck!  |
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Valued Member
United States
459 Posts |
Yechi,
If the market for your Washies were still climbing and you could have flipped that modern garbage and got a 200% return on your "investment" would you be obligated to send the the seller a check in the sum of half of your profits if he requested it, due to "seller's remorse?" You played with fire and got burned. Better luck on the Jeffersons.
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Pillar of the Community
United States
717 Posts |
Benji: The seller posted a non-conditional Return Policy - 7 days money back.
Sellers don't advertise their return policy options for the seller himself, but they do advertise their return policy options for the buyers.
I'm sure that there are cases of Seller's Remorse. The seller says, "Oops, sorry, I made a mistake & the item is unavailable."
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New Member
United States
37 Posts |
I think you got a pretty good deal if they are genuine. I bought 7 @$70 apiece and sent them to NGC for authentication. I got 3 ms64's and 4 ms65's. The prices including certification costs cut my margin down a bit. However, because they are certified there is no question as to authenticity. There are a lot of altered coins now being sold. I would bite the bullet and send them in for grading. ICG would be faster and cheaper and you don't have to be a member. #2 Tell the wife because as frantic as you sound she already has her radar up and knows something is amiss. #3 If you still havent received the coins ask the seller for the delivery confirmation number so you can check the usps site and see what has happened.#4 I would run 5 day sales and have them overlap just a day or two so your bidders will be aware that you have more.The best ending days in my experience are Sunday or Monday. As a new seller I suspect you won't do as well because you have no track record to speak of. Certified coins give you a credibility you otherwise lack. Good luck
Edited by rons
05/03/2007 1:48 pm
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Pillar of the Community
Australia
1091 Posts |
Yechi7, you have been completely honest and open on this family forum and have done the right thing. As you said, you have already paid for these straight away after the auction, which makes you an excellent ebayer. We all have had buyer's remorse at times and there is nothing wrong with contacting a seller to see if he is willing to cancel the sale. Sadly, he did not want to cancel and worse still the price of these items has dropped somewhat. You have acted honourably in all your actions and have only asked for advice on this forum and answered the barbs of criticism very politely. Very Well Done.
This is a long coin series, perhaps you should sell some now and save some for the future. The price may rise as people attempt to collect each new one and need to get the old one. This would not be a quick turn around.
On the other hand if you sold them all now you'd know how many dollars you have lost or possibly gained in the transaction.
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Posted 04/30/2007 2:24 pm
