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 Replies: 24 / Views: 2,977 |
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Rest in Peace
United States
2684 Posts |
Terry, great minds must run on the same track. I also give shipping discounts: buy more than one of my items on a single day and the shipping is only for the first item. I've only had one return (not a coin) and I not only reimbursed the buyer's shipping costs, I threw in a few extra bucks for his trouble. Got a glowing positive feedback on that one. One of my major pet peeves (very near the top of the list) are sellers who present a fuzzy image, then state "Grade for yourself from the picture."  Grrrrrrrrrr. Related are the one-line descriptions, e.g., "1890-CC Morgan. See picture."  |
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Pillar of the Community
United States
1703 Posts |
Fred, was it you looking for a 1891-CC Morgan. I found one the other day,from a seller I use that went for $175 and it was easily MS62 or 63. I should have bought it but my funds were very tight at that time. |
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Pillar of the Community
United States
7123 Posts |
Fred You cut me to the bone !! I'm not a very wordy type guy and I think clear short descriptions are just as effective as a long drawn out description. a solid gold return policy is essential as are shipping discounts !! Good or great communication is also a must ,, as a buyer I hate sitting wondering if my money order got there !! or if my Item is one way to me ! a seller that does not have the time to let me know the status of my Item is not a seller to me for long !! The best advice I can give is be a real person with real honest intentions ,, there are way to many phoney people selling on ebay ,, I dont know about the rest of you ,, but some of the ads just scream THIS IS NOT HOW I REALLY DO THINGS !! When it comes to images ,,it is sometimes hard to get a real quality pic of some coins ,,for some reason they are just not photogenic,, but always use pics of the coin for sale ,, there is little that turns me off like your coin maybe different from the one pictured !! That kind of stuff makes me want to crawl through my computer screen and get a hand full of (well never mind ) irt just really irritates me . Good luck !! Rick Edited by Metalman
01/28/2007 7:45 pm
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Rest in Peace
United States
2684 Posts |
quote:
Fred, was it you looking for a 1891-CC Morgan. I found one the other day,from a seller I use that went for $175 and it was easily MS62 or 63. I should have bought it but my funds were very tight at that time.
Nah, I'm looking for a raw 1890-CC Morgan in MS condition. I've also been looking at 91-CCs, but they are slightly more common than the 90-CC (less gain for the investment) although most of the sellers have their auctions with the problems listed above: lack of honesty, poor feedback, poor or photoshopped images, unrealistic start or Buy It Now prices, yadda, yadda. I'll look at 20 or 30 90-CC (or 91-CC for that matter) Morgans before putting one on my watch list. My first priority is the 90-CC for either my collection or for resale after slabbing. Once that need is met, then I'll go after the 91-CC which I already have in MS-60 but needs to be upgraded. I use this Ellesmere article to set my CC Morgan priorities by rank and demand: http://www.ellesmerecoin.com/articles/226.htmlRick, short is good; I was using the absurdly short ("See picture") as an extreme but all-too-common example of an inadequate description. Of course, you're right: a lot of descriptions are all fluff when they describe the history of a coin, it's metal composition and specifications, but don't say anything about the coin being sold. BTW, Rick, I notice you wax eloquent at length when (underhandedly) editing my posts   . Heheheheeeee. |
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Pillar of the Community
United States
1703 Posts |
OK Fred, I will keep an eye out for a 1890-CC. I recently bought one from the seller I mentioned.She started he bid at $175 and thats what I got it for.I relisted it,starting at 99 cents and it sold for $325. It was MS but not 63 grade.
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Pillar of the Community
 Egypt
3470 Posts |
Thanks a lot to you all, but could anyone tell me the importance of the reserve, meaning to state or not that a reserve is present, and what price should I place for it..?
Thanks again
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Rest in Peace
United States
2684 Posts |
A reserve is a minimum acceptable price a seller puts on an item (coin in this instance). For example, if I have an MS-63 1892-CC Morgan (high value coin) I want to list, I know it's gonna sell and I expect at least $1700 for it. However, I'm not positive it will actually sell for that much and to protect the money I've already got into it, say about $1500 including grading and slabbing, I'll set a reserve of $1500 so I can at least break even. If the bidding doesn't reach $1500, I am under no obligation to sell it to the highest bidder, so my investment is protected. The catch is that ebay charges a LOT for a reserve auction if the reserve is not met. It it's met, ebay charges only the normal Final Value Fee plus listing fees. Sellers handle reserves in differing manners. Some state what the reserve actually is while others, myself included have a hidden reserve and do not state what it is. I do the latter with the hope that someone out there will keep bidding out of curiosity or frustration in an attempt to learn what the reserve might be. I also give "hints" about the reserve in my description, i.e., "well below price guide listings" and "below recent completed ebay sales". To me, stating the reserve price is little more than a high start price thus keeping bidders away. Sometimes it works and sometimes it doesn't. On occasion, someone will message me asking what the reserve price might be. No problem, I let them know. Many bidders are budget conscious and want to know the numbers of zeros after the dollar sign to determine if the reserve is in their budget. Fred |
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Pillar of the Community
Egypt
3470 Posts |
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Valued Member
United States
70 Posts |
I always start my auction at a reasonable time of the evening on a Saturday or Sunday night and run them for 7 days. There's more people bidding on the weekends. That gives everyone all week to "watch" them and most people bid at the last minute. I actually try to do my buying on auctions that end Wed. or Thurs. because it's the slowest time for ebay bidder....less competition. Make sure you list it under the right heading. I've made some of my best buys when people listed a item under the wrong category and no one looked for it there. |
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Pillar of the Community
Egypt
3470 Posts |
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Valued Member
United States
90 Posts |
Lie, Lie, Lie.
Just kidding! But keep an eye out for those that do.
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Valued Member
Philippines
120 Posts |
 I think you don't need tricks. tips and advises perhaps if you are like me (a novice). I agree with Becky, be sure to mention any irregular , defects on the item you are selling and offer a return policy if they are not satisfied with your item. |
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Pillar of the Community
United States
717 Posts |
eg collector said:
fengk "Break down your shipping charges so people won't think that you're ripping them off with $4 shipping"
I didn't get what you mean by Break down your shipping charges"
For instance, tell: $4.80 is for priority post shipping, $1.80 is for signature confirmation, $1.35 is for insurance, totaling: $7.95.
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Rest in Peace
United States
2684 Posts |
Honesty is still the best and only policy, a commodity which is still in considerably short supply on ebay. Fred |
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Pillar of the Community
Egypt
3470 Posts |
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Replies: 24 / Views: 2,977 |
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First Page
Posted 01/28/2007 7:34 pm
