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 Replies: 29 / Views: 4,333 |
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Valued Member
Australia
191 Posts |
Just noticed that this seller is selling alot of items from the recent status international auction. In my mind this can only mean one of two things, either he does not actually own these items and if you win the auction you will never receive the coins OR if you win the auction for a price lower than the recent sale price then he will just cancel the sale. I note I am assuming that this guy wouldn't buy the coins in a public auction then sell them a week later for a loss on ebay. See links below for an example. http://www.ebay.com/itm/1911-Uncirc...em3376bf1b90http://www.statusint.com/result_coins.php?id=48 |
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Pillar of the Community
Australia
7096 Posts |
I can't see any problem with the seller getting a fair bit more than the auction price for this coin.
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Valued Member
Australia
215 Posts |
I plan on bidding on a lot in the forthcoming downies auction then selling of the items that I dont want.
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Valued Member
Australia
157 Posts |
maybe his wife looked at the credit card statement  and now has to sell  |
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Pillar of the Community
Australia
1244 Posts |
The only thing that bugs me is people can't take there own pics.
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Valued Member
Australia
215 Posts |
Agree with that. It is just decency to take your own photos of an item.
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Valued Member
Australia
312 Posts |
One true story is that people won the lots from last Downies auction and sold all of them in 3 months with decent profits. The bottom line is whether you have that knowledge and know what people want out there. I made mistakes and still learning
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Valued Member
Australia
312 Posts |
from his feedback, I think he is just trying to make some profit if it's possible
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Valued Member
Australia
215 Posts |
if you are able to make a profit then why not I say.
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Valued Member
Australia
119 Posts |
The seller is listed as in WA. Unless he physically went to the auction or had someone go for him, he doesn't have the coins yet. I haven't even received my invoice for the items I won, much less shipped.
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Pillar of the Community
1119 Posts |
he covered himself with postage, he has plenty of time to receive and resend
Shipping and handling
To
Service
Estimated delivery*
AU $5.00
Australia
Standard Shipping (AusPost Registered)
Between Thu. Jun. 7 and Sun. Jun. 17
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Pillar of the Community
Australia
4411 Posts |
Good pickup erkle! Plenty of dealers buy at auctions and sell in their stores for very healthy profits. If you have the smart to do it good luck you.
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Pillar of the Community
United States
1205 Posts |
buy high, sell low...that's what happens to me...my girlfriend ALWAYS finds out, sooner or later...sticking to hunting rolls from banks....coins at cost, and, great way to update my albums CHEAP!
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Valued Member
 Australia
191 Posts |
There is nothing wrong with trying to sell public auction lots at a profit, what I find a little weird though is what happens if he sells them for less than he purchased them for at auction (I assume he will just cancel the sale).
Unlike others I don't have a problem with people not taking their own photos, in reality auction houses can probably take better pictures than more basic set-ups.
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Valued Member
Australia
215 Posts |
I dare say he will just take the loss. there is still a day left and a lot can happen in the last hour of bidding.
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Valued Member
Australia
312 Posts |
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Replies: 29 / Views: 4,333 |
Posted 05/31/2012 06:19 am
