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 Replies: 41 / Views: 5,100 |
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Pillar of the Community
 United States
1372 Posts |
I've been buying and selling on ebay since 1995, and the strangest phenomena that I have seen...again and again, is that the bidding pools are seperate. Most who shop buy it now listings do not participate much in open bidding, and vice versa. I have had coins sell in open bidding that languished for a month in a fixed price listing....and at the end of the day, the auction bidder's paid more than I'd had it listed for in the fixed price listing. You have to be willing to throw caution to the wind though a bit. That's why all of my auctions start at 99 cents. You have to have as many folks interested as possible, and the only way to accomplish that is to start low. Still time to get in on a half an ounce of gold in that Congressional Bicentennial set of commemoratives. It's got a single 99 cent bid on it. I may elect to run some of this stuff past members, but I want to do this quickly. I chose 5 day auctions yesterday because I knew I'd never list everything in one day. I'll be back at it in just a little while, commencing with nickels, down to Half Cents, and then I have 5 gold coins. When I'm done with the auctions....I'm going to run an auction here for the rest of the coins in the Dansco...along with the album. I'll be leaving the halves from Franklin forward, quarters from washington forward, dimes from Roosevelt forward, nickels from Jefferson forward, the Lincoln cents, and all of the moderns on the supplemental page, including a commemorative dollar and a silver eagle. That should prove to be fun. Thanks.......Chance |
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Pillar of the Community
United States
2150 Posts |
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Pillar of the Community
United States
851 Posts |
I plan on being the next owner of that 1847 Dollar. I need it for my type. I love thinking about the history of that piece!
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Pillar of the Community
United States
4085 Posts |
Quote:
I have had coins sell in open bidding that languished for a month in a fixed price listing....and at the end of the day, the auction bidder's paid more than I'd had it listed for in the fixed price listing.
I agree with this observation. Part of the problem is that there's a lot of overpriced Buy it Now's out there. So, I think people look at a good Buy it Now price and just immediately assume the worst. |
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Pillar of the Community
United States
1372 Posts |
I listed a couple pieces of copper this morning, but I think I'll cool it for awhile and deal with shipping all of these out. Besides...I have a terrible time photographing copper. Hope you get that Seated dollar. It looks better in hand even than the pictures suggest...The enlargement shows every little speck amplified. Chance |
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Pillar of the Community
United States
851 Posts |
Was that dollar ever in a slab? If you don't mind me asking what do you expect it to sell for?
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Pillar of the Community
United States
1372 Posts |
Sorry.....I hadn't checked here for awhile. It was never slabbed. I got it in a Capital Plastics entombed type set of US dollars. I don't know what it will bring, but I'll be OK with whatever it does. Through convoluted dealing...breaking up and reassembling the set with lower grade coins, I ended up with about 200 dollars in it.
It lists for $940.00 slabbed at 53.....but it's raw, so knock a hundred off that value because if you aren't a member of PCGS or NGC, that's about what it ends up costing you to slab it through a dealer.
So...I would consider $800 to $850 to be retail....but I'll be surprised if it brings anywhere close to that amount. I'm pleased with where it is right now, given what I had invested in it.
Chance
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Pillar of the Community
United States
851 Posts |
I hope to be the highest bidder, any CCF Member discount.  I'm trailing on the coat tails of #1. Thanks |
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Pillar of the Community
United States
1372 Posts |
I hadn't figure any kind of discount into my calculations, and what I do for one listing, should be extended to all of them. While I'm doing well on this one, there are others that are going to be losers for me....so it's a break even (maybe), all things considered. I do have some material that I will offer here at good prices (after the current crop of auctions has been dealt with) rather than paying all of the ebay fees, so maybe I can extend an olive branch to my compadres here in that manner. Chance |
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Pillar of the Community
United States
851 Posts |
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Pillar of the Community
United States
1372 Posts |
Man...Looks like somebody may get a steal of a deal on the 1896 Barber quarter. There are a couple album slide scratches on Liberty's cheek, but the coin has not been scrubbed. I'll give a report later...but am happy with the way things have transpired thus far. If you've bid on my material, win or lose, I thank you. Chance |
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Pillar of the Community
United States
1372 Posts |
Well........Day 1 is in the bag. Winners outpaced losers 28 to 4. The 4 listings I lost money on totaled a combined loss of 160.00. Overall, I feel like I did just fine. I am not a "saver"....and this is my way of saving money. Even after selling expenses, I did a good bit better than I could have done had the money simply been deposited in a bank. Now...The big surprise of the day was the 1917 Walking Liberty half, which brought an astounding 200 dollars and covered all of the aforementioned losses that I incurred. The last gold I bought...was when gold was 900 an ounce, so I didn't lose anything on any of that material. I lost 4 dollars on 2 1993 prestige proof sets, 75 dollars on the 1871 Seated dollar, 74 dollars on the 1896 Barber quarter, and a couple bucks on something else that escapes my feeble mind at the time. It was insignificant though. I am happy with today's results, and after having paid my selling expenses, I will have netted enough to pay off my house...and that's going to feel pretty good. There are still 4 listings that end tomorrow, and I'll start a new round of auctions...and a new topic here....in a few days. Thanks to all who have helped. Chance Edited by Chancellor Sutler
04/05/2010 12:58 am
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Pillar of the Community
United States
1745 Posts |
I just won the Shield w/ Rays, have been looking around for quite awhile. It should look nice in my 7070. Nice to buy on ebay from fellow CCF member. Duke Edited by The_Duke
04/05/2010 4:30 pm
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Pillar of the Community
United States
1372 Posts |
Thanks Duke......I appreciate it. I'll be shipping this stuff on wednesday. I may get a few out tomorrow....but wednesday at the latest.
Chance
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Pillar of the Community
United States
1409 Posts |
Cool thread, congrats on getting "Debt Free!!".
Any updates on the next round of listings, etc.?
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Replies: 41 / Views: 5,100 |
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Posted 03/31/2010 2:30 pm
