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Ebay Or Private Website, Which Is Better?

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Author Previous TopicReplies: 13 / Views: 2,798Next Topic  
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MerlinAurelius's Avatar
126 Posts
 Posted 08/27/2017  02:54 am Show Profile   Bookmark this topic Add MerlinAurelius to your friends list Get a Link to this Message Number of Subscribers
For those with online shops, which do you prefer, an ebay store, or a standalone website?

Feel free to include your reasons.

Thanks
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mtuma3's Avatar
United States
744 Posts
 Posted 08/27/2017  11:47 am  Show Profile   Bookmark this reply Add mtuma3 to your friends list Get a Link to this Reply
Anyone can sell on e-bay, so you have to be very careful on what you bid on or buy.
Someone with a business/website that have been around for 5 or more years typically will be better with customer service, because they want you to come back.
Mark
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My7070
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crazyglue's Avatar
United States
467 Posts
 Posted 08/27/2017  12:41 pm  Show Profile   Bookmark this reply Add crazyglue to your friends list Get a Link to this Reply

I don't have an online shop store front, but I sell a fair amount on ebay.

I would prefer ebay over an individual website at this point in time, because I don't have the time right now to devote to webpage design, driving traffic, etc.

ebay has fees, but it makes like easy.
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Paul Bulgerin's Avatar
United States
3098 Posts
 Posted 08/27/2017  12:57 pm  Show Profile   Bookmark this reply Add Paul Bulgerin to your friends list Get a Link to this Reply
I agree with MerlinAurelius. ebay has its costs, but for a collector and part-time seller it exposes your coins to a lot of potential buyers who would most likely never find an individual website. To me, it's worth the cost.
Paul Bulgerin
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moxking's Avatar
United States
17900 Posts
 Posted 08/27/2017  6:44 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
Regardless of yours opinion about ebay, they remain the kings in most collector categories, including coins.

I don't mind using ebay at all for selling, although my buying doesn't include much from ebay simply because other sources have the coins I want - Heritage, Stacks, and Great Collections.
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coinlover1899's Avatar
United States
3058 Posts
 Posted 08/27/2017  6:55 pm  Show Profile   Bookmark this reply Add coinlover1899 to your friends list Get a Link to this Reply
eBay.

I have both a website, and sell on ebay, but it is hard to keep up with both, so I just made a link from my website to my ebay store.
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basebal21's Avatar
13014 Posts
 Posted 08/27/2017  7:28 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
Whether we like it or not, at this point ebay is the biggest audience with the lowest fees to sell. There are plenty of things to hate about their policies but as of now they are still better than the alternatives if you aren't a whale to negotiate fees away from Heritage/Stacks or meet Legends requirements for auctions.
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dd27's Avatar
United States
666 Posts
 Posted 08/27/2017  9:00 pm  Show Profile   Bookmark this reply Add dd27 to your friends list Get a Link to this Reply
I still don't understand the purpose of an ebay store. Whenever I visit a seller's store, I inevitably end up clicking on their active listings instead because it's more organized, user-friendly, and customizable (e.g., filters).
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basebal21's Avatar
13014 Posts
 Posted 08/27/2017  9:11 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
I still don't understand the purpose of an ebay store.


"Free" listings, but more importantly real discounts on final value fees.
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coinlover1899's Avatar
United States
3058 Posts
 Posted 08/28/2017  01:08 am  Show Profile   Bookmark this reply Add coinlover1899 to your friends list Get a Link to this Reply

Quote:
"Free" listings, but more importantly real discounts on final value fees.


Lots of free listing, and heavy discounts on fees.
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Dino's Avatar
United States
180 Posts
 Posted 08/28/2017  05:30 am  Show Profile   Bookmark this reply Add Dino to your friends list Get a Link to this Reply
Have both, ebay is a lot less work and gets a ton more of traffic.
New Member
United States
3 Posts
 Posted 09/07/2017  9:00 pm  Show Profile   Bookmark this reply Add roc_hound to your friends list Get a Link to this Reply
I am basically new to this site but have been an avid reader on spanish colonials gold cobs (which I collect) and counterfeits on ebay.

I have been buying and previously selling gold coins and now am considering selling the cobs and moving into US $20 Double Eagles.

My coin dealer has a connection with Stacks so I am debating if I should use them or ebay. The Peruvian cobs could go for good money.

Views please.

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basebal21's Avatar
13014 Posts
 Posted 09/08/2017  6:47 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
I am basically new to this site but have been an avid reader on spanish colonials gold cobs (which I collect) and counterfeits on ebay.

I have been buying and previously selling gold coins and now am considering selling the cobs and moving into US $20 Double Eagles.

My coin dealer has a connection with Stacks so I am debating if I should use them or ebay. The Peruvian cobs could go for good money.

Views please.


In your case the two main questions would be what are the expected sales values and how much of the fees can your dealer negotiate away from Stacks?

ebay is great for selling but if you're looking at low to mid 4 figures or better for the price of those pieces it becomes difficult to sell on there especially for uncertified material. The other thing too would be you would lose a lot of bidders and potential buyers listing pieces like that with a brand new selling account. Even though they do have very good buyer protection a lot of people would just avoid a new seller in those circumstances.

As far as Stacks the deal you are able to get with them will probably be a bid determining factor in which route to go. If you can get a lot of the fees negotiated away they will very likely be the best choice. If they expect to get their full fees then you might just be better off selling them right to a dealer or working out trades for the new material you are interested in. Even with a dealer leaving room for profit the offer could be better than what you would expect to get after losing the buyer and sellers premiums on the auctions, but of course the flip side is one of the auctions may go higher than expected.

If it was me I would try and get a ball park number from the dealer for what kind of percentage you would get if you used Stacks, if that number was good I would likely just go with them or try and work out some trades to my liking.
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Jewlz's Avatar
Canada
67 Posts
 Posted 09/17/2017  01:15 am  Show Profile   Bookmark this reply Add Jewlz to your friends list Get a Link to this Reply
thanks for posting this and to everyone who replied, I also was wondering which way to go
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