Ebay Fixed Price Or Auction? - Coin Community Forum

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Author	Replies: 5 / Views: 2,059
ahaba Valued Member Canada 58 Posts	Posted 08/15/2018 10:53 am Hi. I have several Indian Head pennies I would like to sell on ebay. I have done my homework - checked book values and ebay prices for sold items. I am trying to decide which format to use. I sold my Canadian coins using buy it now because of the low number of views they were getting. Are there enough buyers for US coins to use auction? I just don't want to see a $10 coin go for $0.99! Any and all advice welcomed! TIA! Report this Post to the Staff

Alpha2814 Pillar of the Community United States 2023 Posts	Posted 08/15/2018 11:24 am IMO, it takes only two interested buyers to drive the price at auction. If you just want to sell them quickly and trust you'll get a reasonable price, put them on auction. If you're willing to wait a while for the price you really want to get, use "buy it now" with "make an offer". You can always lower your prices next round if you want to. Report this Post to the Staff
tampabaygrampa Valued Member United States 408 Posts	Posted 08/15/2018 9:18 pm Use the auction format but put a reasonable starting price to start the auction. You don't have to start it at .99. Good luck, however you decide to go. Report this Post to the Staff
basebal21 Bedrock of the Community 13014 Posts	Posted 08/16/2018 10:27 am Fixed price. The auctions have to be 5 days or longer or they charge you more and a lot of people lose interest having to wait that long when there's other BIN listings of similar items. A lot of times with ebay the auction hunters are just looking for things they would consider to be a deal and its hard for sellers without a following to successfully do auctions there especially this time of year. Report this Post to the Staff
edweather Pillar of the Community United States 7379 Posts	Posted 08/18/2018 10:15 pm If you just want to get rid of them...auction. If you want a good price, BIN with Best Offer. Report this Post to the Staff
ahaba Valued Member Canada 58 Posts	Posted 10/06/2018 9:27 pm Thanks for the helpful advice. Seems like demand is also a very important factor. Report this Post to the Staff
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