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Got Creamed On This Coin...

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coinguybrian's Avatar
United States
5375 Posts
 Posted 08/12/2010  9:54 pm Show Profile   Bookmark this topic Add coinguybrian to your friends list Get a Link to this Message Number of Subscribers
http://cgi.ebay.com/ws/eBayISAPI.dl...TRK:MESOX:IT

I cannot BELIEVE this only sold for $70. People must have looked at the first picture only and thumbed their nose at it. I paid about $180 for it a year ago : (

A coin worth $80 just sold for the same price, too. Shows how important it is to take good pictures.
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Zohar444's Avatar
United States
1429 Posts
 Posted 08/12/2010  10:01 pm  Show Profile   Bookmark this reply Add Zohar444 to your friends list Get a Link to this Reply
These days I sell only with min prices. Markets are weak, consumers not buying as before.
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coinguybrian's Avatar
United States
5375 Posts
 Posted 08/12/2010  10:03 pm  Show Profile   Bookmark this reply Add coinguybrian to your friends list Get a Link to this Reply
Most other coins I got close to what I wanted.
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daviscfad's Avatar
United States
4541 Posts
 Posted 08/12/2010  10:31 pm  Show Profile   Bookmark this reply Add daviscfad to your friends list Get a Link to this Reply
ouch. sorry to hear that man
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Canadian-Banknotes's Avatar
Canada
4944 Posts
 Posted 08/12/2010  10:49 pm  Show Profile   Bookmark this reply Add Canadian-Banknotes to your friends list Get a Link to this Reply
You had some nice coins up for sale.
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big777bill's Avatar
United States
376 Posts
 Posted 08/13/2010  09:24 am  Show Profile   Bookmark this reply Add big777bill to your friends list Get a Link to this Reply
I didn't think that your pics were bad at all. The weak market or possibly some other reason must have been the reason your coin sold for less. It seems like when a coin is described as being cleaned in any way the price for that item drops off severely. Most collectors are not as knowledgeable as those on CCF and when they hear cleaned it means "stay away".
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GR58's Avatar
United States
11951 Posts
 Posted 08/13/2010  09:46 am  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
Yes you did get creamed on that one.

I have to say I would have loved to get that coin ... at that price.

That is one of my favorite coins, 1853 half with rays. I have a 1854 in my 7070 ... I would have swapped that right out for that one.
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coinguybrian's Avatar
United States
5375 Posts
 Posted 08/13/2010  12:05 pm  Show Profile   Bookmark this reply Add coinguybrian to your friends list Get a Link to this Reply
Bill,

I had already dropped it alot with my value assessment of about $200. This coin shoots way way way up in these grades. Remember this is the 1853-O that goes for $40 in good, so I'm pretty unhappy to get less than twice that for an XF-45, dipped or not. But yeah I do think this factored into it.

I was especially surprised that it only went for that after I listed right at prime time (10 PM EST, correct me if I am wrong). I mentioned that the 1859-O I was also listing had some problems as well. The 1859-O was LESSER grade and actually went for the same price, and its just a common date. Perhaps I just got dismally unlucky as well?
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coinguybrian's Avatar
United States
5375 Posts
 Posted 08/13/2010  12:06 pm  Show Profile   Bookmark this reply Add coinguybrian to your friends list Get a Link to this Reply
Not sure how this ended up as a duplicate post, only hit submit twice...


Edit:

Anyhow, I'm not entirely displeased with the results of this little 'experiment' of mine. That certain coin hurt, but if you take out the bullion, I still made over 10% after fees. If you take out that certain coin, 25-30%. And that's including a lot of coins I bought at the start of my ebay buying that I got poorer deals on. Its a good sign that if I take great pictures that I can get good returns, even on ebay. I made about 80-100% on some of the coins I had bought in lots (the 1888 nickel, 1814 dime, and the 1835 Half Dime to a lesser extent.
Edited by coinguybrian
08/13/2010 12:17 pm
Valued Member
Jeff 11's Avatar
United Kingdom
497 Posts
 Posted 08/13/2010  12:11 pm  Show Profile   Bookmark this reply Add Jeff 11 to your friends list Get a Link to this Reply
I've seen much worse pictures on ebay than those. I've found that sticking to Sunday night end times helps a bit, tend to get more last minute bids
www.kingstoncoincompany.co.uk
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steve199's Avatar
United States
1882 Posts
 Posted 08/13/2010  1:57 pm  Show Profile   Bookmark this reply Add steve199 to your friends list Get a Link to this Reply

Quote:
Anyhow, I'm not entirely displeased with the results of this little 'experiment' of mine.


I think overall someone will do better starting with low bids like you did...even if occasionally one falls thru the cracks or doesn't find favor with buyers for whatever reason.

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Tim Stroud's Avatar
United States
2661 Posts
 Posted 08/13/2010  3:06 pm  Show Profile   Bookmark this reply Add Tim Stroud to your friends list Get a Link to this Reply
Your pics look fine to me Shadow. I say that I must agree with the guys on market trends right now. But then again it may be one of those fluke things that happen on the Bay from time to time. Do you remeber a few months back that one of our mebers posted a very nice Carson City Morgan he accuired on the Bay for around $20?
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coinguybrian's Avatar
United States
5375 Posts
 Posted 08/15/2010  12:16 am  Show Profile   Bookmark this reply Add coinguybrian to your friends list Get a Link to this Reply
Yeah I was thinking that too. Alright, well I'm going to list coins of similar value on Sunday night and see how I do.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 08/15/2010  1:30 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
Wowser. You were definitely the bug instead of the windshield that time.

I got curbstomped on my last set of auctions, too. It's definitely made me a little gun shy about selling more, at least for the immediate future.
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Billie's Avatar
United States
592 Posts
 Posted 08/15/2010  1:38 pm  Show Profile   Bookmark this reply Add Billie to your friends list Get a Link to this Reply
Now that CCF has a new auction (yea) maybe we will not have this type of problem.

That coin was easily over $100; que la vie
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johnny54321's Avatar
United States
4849 Posts
 Posted 08/15/2010  9:27 pm  Show Profile   Bookmark this reply Add johnny54321 to your friends list Get a Link to this Reply
Ouch! Yeah, ebay selling is always a risk. Sorry man.
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