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Changes In Buying On E-Bay

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Pillar of the Community
United States
2801 Posts
 Posted 09/23/2022  7:36 pm  Show Profile   Bookmark this reply Add jerryc39 to your friends list Get a Link to this Reply
just making an observation about how things have changed. Not sure what the heck whinge means but oh well.
Valued Member
United States
468 Posts
 Posted 09/23/2022  9:13 pm  Show Profile   Bookmark this reply Add datadragon to your friends list Get a Link to this Reply
You have to also consider the past two years have triggered a renewed interest in tangible assets as a storage of value and preserving wealth. The chaos in the financial markets during the pandemic renewed investor appetite for tangible assets like rare coins that you can see, hold, and pass on physically and privately to your heirs. Both the number of sales of rare coins and the prices paid for rarities exploded higher over the past two years industry-wide. With that higher demand, supply has dwindled and thats part of what you are seeing, and also far less of the quality graded coins I see available. As those are picked up, then its possible to even start to see the lower grades also picked up for the same reason as a store of value.

There will always be 'bargains' for those searching, but the specific ones you seem to have concentrated on have limited supply and are desired in this environment, so its just a sign of them being more snatched up in quality condition. I also agree that modern coins have more bargains available as not all collectors find them to be good longer term investments. This is because a top pop graded coin does not mean that some of the millions not yet sent in for grading due to the fees may turn up in that same or even higher condition lowering the value. Older coins at this point probably have many of the better examples found. There is also far greater supply generally of moden coins so there may be less buyers at any given moment than whats being listed allowing for some bargain buying.
Edited by datadragon
09/23/2022 9:22 pm
Pillar of the Community
United States
5293 Posts
 Posted 09/23/2022  9:43 pm  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
Recession = higher inflated prices

The Mercury Dimes Specialist!
Current project: US Dansco 7070 Album
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Valued Member
Canada
356 Posts
 Posted 09/25/2022  07:58 am  Show Profile   Bookmark this reply Add wallyb to your friends list Get a Link to this Reply
I'm a fan of the Ebay auction. I've had some success with the last minute bidding frenzy as long as you know your max price and you stick to it. Trying to lowball in that final minute almost never works because someone else out there has likely placed a higher limit on their bid.
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